Series 3: 7.3.4.3. Records Of Commodity Interest

Taken from our Series 3

7.3.4.3. Records of Commodity Interest

A commodity interest is a commodity futures contract or an option on commodities or futures. The term commody interest is used by the CFTC to contrast with trading in securities.

Every FCM and each introducing broker that has generated over the preceding three years more than $5 million in aggregate gross revenue from its IB activities must:

• Keep complete and systematic records of all orders (filled, unfilled, or cancelled), cancelled checks, copies of confirmations, copies of statements of purchase and sale, and all other records related to its dealings in commodity interests
• Keep all oral and written communications provided or received concerning quo

+ Read More

More Series 3 Info

What are people saying?

Create an Account

Since you're reading about Series 3: 7.3.4.3. Records Of Commodity Interest, you might also be interested in:

Series 65 - 5.2.5 Non-Financial Investment Considerations

Series 66 - 4.5.6.1 Simple Options: Puts and Calls

Series 51 - Opening Institutional Customer Accounts

Series 53 - 4.2.5. Closing the Issue

Series 65 - Exercise

Series 52 - 8.4.3. SIPC Rules

Series 50 - Zero Coupon Bonds

Series 14 - 4.1.3.4. Mutual Fund Brokers

Series 79 - Types of Bonds

Please Enable Javascript
to view this content!

Site Login

TESTIMONIALS

What are people saying?

Great service, practice questions and mock exams were the key to passing. (Series 3)

Darragh Lenihan, Global Commodities Holdings Limited. Singapore

I initially studied using a different exam prep course (The Securities Institute of America). I waited until I consistently passed the practice exams with a score over 90% before I took the actual exam and unfortunately I failed the exam on my first attempt. I discovered and purchased the Solomon Exam Prep and immediately noticed the studying material was more in depth. I waited until my practice exam score was consistently over 85% and I went to take the actual exam and passed. Thank you so much!! (Series 3)

Joshua Turner, J.D. Turner Capital, LLC, Baltimore, MD

I would heartily recommend Solomon for anyone studying for the Series 3. The materials are comprehensive, the bank of questions vast and the responsiveness to questions incredibly impressive and detailed. I passed first time and that in no small part is down to Solomon.

David Woolfenden Totem London

When I took my SIE exam, I only spent 30 minutes taking the exam and I passed. It is amazing how Solomon goes into detail regarding information. You guys provide more information than Kaplan's SIE book. Thank you so much for helping me succeed in my endeavors. Onward and upward to the Series 7. I'm choosing Solomon again!

Zach Sloan, Cambridge Investment Research, Fairfield, IA

Solomon adequately prepared me to pass the 52 on my first try. Also, the one time I used the Ask the Professor tool, I received a response promptly. The pre-built study timelines were fantastic, and the ability to access via computer and the iPhone App was crucial. Many thanks to Solomon. I will use you guys again.

Jonathan Bowman Raymond James Ennice, NC

Studying for the 24 was not easy. I felt Solomon's course materials and online portal prepared me well for passing the exam in the first try. The study material was NOT overwhelmingly thrown together and I found the study program to be manageable and focused. Got me through the study period of about 4-5 weeks. I would recommend Solomon over the other courses.

Ajay A, CT, Series 24