Preparatory Course Series 31 USA American Broker Examination Funds (FINRA)

General market knowledge
1
Disclosure documents
2
Margin
3
Futures and forward contracts
4
Price limits
5
Open interest
6
Offsetting contracts
7
“Marking-to-market”
8
Settlement
9
Spread trades
10
Basis
11
Hedging
12
Yield curve
13
Cost of carry
14
Leverage
15
Price volatility
General Regulation
1
Arbitration claims and awards
2
NFA disciplinary process
3
Just and Equitable Principles of Trade (NFA Compliance Rule 2-4)
4
Supervision (NFA Compliance Rule 2-9)
5
NFA Compliance Rule 2-9, supervision of employees
6
“Qualified Eligible Participant”
7
Registration requirements
8
Trading on foreign markets
9
Books and records to be maintained
CPO/CTA Regulations (NFA Compliance Rule 2-13)
1
Reports to customers
2
Exemptions from registration
3
Records to be maintained
4
Limited partnerships
5
Accepting funds from customers
CPO/CTA Disclosure Documents
1
Management and incentive fees
2
Performance records
3
Conflicts of interest
4
How long a CPO or CTA can use a disclosure document
5
Pool units purchased by principals
6
Disclosure statements
7
Business backgrounds of principals
8
NFA review of document before use
9
Disclosure of disciplinary action
Customer Information and Risk Disclosure (\"Know your Customer\") (NFA Compliance Rule 2-30)
1
Client information required
2
Risk disclosures
Disclosure by CPOs and CTAs Required for Upfront Fees
1
Disclosure of upfront fees and expenses
2
Effect of upfront fees and organizational expenses on net performance
Communication with the Public and Promotional Material (NFA Compliance Rule 2-29)
1
Definition of promotional material
2
Standardized sales presentations
3
Use of a third-party consulting or advertising firm
4
Reprints of articles from industry publications
5
Recordkeeping of promotional material
6
Past performance
7
Hypothetical trading results
8
Written procedures for promotional material
9
Supervisory review of promotional material