Section 1 — Applicable Laws for Security Futures Products (SFPs)

Section 2 — Prerequisites to Offering SFPs to Customers

Registration/Licensing
- Exchanges
- Floor Traders
- Clearing Houses
- Broker Dealers and Futures Commission Merchants
- Registered Representatives and Associated Persons
- Investment Advisers, Commodity Pool Operators, and Commodity Trading Advisors

Section 3 — Proficiency

Ethics Training

Section 4 — Ethics Training Continued

Section 5 — Security Futures Products (SFPs) Explained

Section 6 — Opening SFP Accounts

Risk Disclosure
Knowing Your Customer
Account Approval
Suitability Requirements

Section 7 — Supervision of SFP Accounts

Correspondence
Promotional Materials

Section 8 — Promotional Material

Promotions to Limited Groups
Promotions to the General Public
Prior Review by NFA

Section 9 — Order Handling and Fulfillment

Equitable Commissions
Order Fulfillment
SFP Margins

Section 10 — Inside Information and Other Securities Law Requirements

Trading Ahead of Research Reports
Block Trading
Insider Trading and Tipping
Supervision Requirements

Comprehensive online ethics training for futures industry professionals. Covers NFA ethics rules and standards required for registration.

Course Features:

Flexible interactive online program — 1 to 4 hours to complete
Links to rules and interpretive notices provided for in-depth study
You and your compliance department decide what is appropriate for your situation
6 accesses available to complete the course
You may print out the materials before advancing to the next section
No return to previous sections, so study time is determinate for NFA audit purposes
Upon completion of the course, you will be able to print a Letter of Completion showing your name, date of training, the course title, and study time

Prices:

Online Version $35.00

By buying this product, I agree to the following:

I have read the description of the Center’s Ethics Training for Security Futures Products training course and I believe it is appropriate for me. By purchasing this course, I agree to hold the Center harmless if this material is ultimately found not to have been appropriate for me.

While the Center has made every effort to assure that this material is “appropriate” for futures professionals, no warranty, express or implied, is made as to the accuracy or completeness of the material.

Lastly, I understand that the NFA and CFTC have not reviewed or approved the specific content or appropriateness of the ethics training and do not recommend the Center’s (or anyone else’s) training.

Ethics: The Basics