Quote from Arnie:
If you read the material and do the practice exams you will pass. It does not take anywhere near 100 hours. It's really not a hard read. I probably spent no more than 20 hrs total. You need to have real grasp on bonds/options/fixed income.
PS I used
http://www.stcusa.com
I disagree with this post. If you already know a lot about the different areas or worked in the industry, yes you don't need much time. But a lot of the traders here, even successful ones might learn price action or fundamentals or something, but may not have a solid or even average grasp of these topics.