The Limited Futures Examination - Regulations (Series 32) is offered to individuals who are registered by regulatory authorities in the UK or Canada. Individuals may qualify for the Series 32 if, within the two years prior to filing the application, they have been registered or licensed in the UK or Canada. The Series 32 is an abridged exam encompassing regulation portion of the Series 3 exam.

The fully updated in 2009 theGuide to U.S. Futures Regulation is the study manual for individuals preparing for the NFA Series 32 exam. IFM's 112-page book includes a set of 275 questions with explanatory answers. The text also covers special CFTC and NFA regulatory requirements that apply to security futures, a unique financial instrument that is legally both a futures contract subject to the jurisdiction of the Commodity Futures Trading Commission and a security subject to the jurisdiction of the Securities and Exchange Commission.

Topics include:

• The U.S. Commodity Futures Trading Commission and its regulatory program
• The National Futures Association and its regulatory program
• Regulatory requirements for security futures products
• Managed futures, Commodity Trading Advisors, and Commodity Pool Operators

Why buy from the IFM?
The Institute for Financial Markets, a nonprofit foundation, is recognized for the quality and balance of our work and products. Our books and study materials are used worldwide by financial firms, exchanges, universities, regulators and public-policy makers.