CTA diploma : how to get it ?

[GeorgeSoros]

Hello,

I would like to become a CTA. Where can I find some ressources on the exam and what are the initial requirements ?

Thanks

 

[JayS]

http://www.nfa.futures.org/registration/cta.html

Will need to pass series 3. http://www.nfa.futures.org/registration/SO-Series3.pdf
http://store.bisys-education.com/catalog.cgi/family?owRIaEbD;1608;38

NFA annual due is $1000 for a CTA. CFTC is a (few) hundred, I think.

 

[waggie945]

Is only a couple hundred, if you chose not to become a "member" of the NFA. You can call the NFA to find out.

One good thing about having a CTA is that you can "hang" your Series 3 exam with it, as a sole-proprietorship.

 

[GeorgeSoros]

So basically there is no exam to be a CTA except S3, and you basically have to pay to get it ?

What are the benefits on being part of NFA ?

Thanks

 

[dotslashfuture]

looks like the CTA is what you have to do if you want to setup your own independent business rather than working for a firm. I guess its sort of like being a registered investment advisor.

 

[Brandonf]

<i>What are the benefits on being part of NFA ?</i>

NFA members can only do futures related business with other NFA members. Everyone on the exchange, and the exchanges themselves, are required to be NFA members.

Brandon

 

[DGBrothers]

Don't you have to have at least 2 years as a Registered Futures Specialist (i.e.: be a broker under someone else's 'tutelage') in order to become a CTA?