The Futures Managed Funds Examination, or Series
31, is required for those who wish
to receive trailing commissions on commodity
limited partnerships, commodity pools,
or managed accounts guided by commodity
trading advisers. It is also meant for
those supervising these same limited activities.
Individuals who take this exam in lieu of
the Series 3 cannot open individual futures
trading accounts.
The Series 31 is a 1-hour, 45 true/false
and multiple-choice question exam and is
categorized as follows:
