Series 3: 7.2.2.1. Institutional Customer Exemption

Taken from our Series 3 Online Guide

7.2.2.1. Institutional Customer Exemption

Recall that the know your customer rule does not apply to every customer. A futures commission merchant or introducing broker may open a commodity futures account for an institutional customer without furnishing the disclosure statements or obtaining the signed acknowledgments.

CFTC Regulation 1.55(f)

+ Read More

More Series 3 Info

What are people saying?

Create an Account

Since you're reading about Series 3: 7.2.2.1. Institutional Customer Exemption, you might also be interested in:

Series 24 - Answers

Series 65 - Chapter Nine

Series 26 - Deferred Variable Annuities

Series 3 - 1.3.4.4.2. The Clearing Process

Series 65 - 2.6.2. The Bond Indenture

Series 24 - 3.2. Types of Accounts

Series 24 - Chief Compliance Officer and Compliance Certification

Please Enable Javascript
to view this content!

Site Login

TESTIMONIALS

What are people saying?

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

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

Solomon is the BEST!!! Passed the Series 7 on the first try. The lessons are videos and lessons are good. The practice exams are EXCELLENT. Focus on options and muni's. Load up on practice exams and you will be fine. Thank you Solomon!!!

Brandon Collins, Benchmark. Memphis, TN

I'm not the best test taker. Solomon changed that. I was struggling on the quizzes and practice test. However, I passed the SIE on the first try. Took me less than one hour to complete. I felt very prepared.

Lamar Barnes, Washington D.C.

I used Solomon Exam Prep for both the 6 and the 63 and passed both of them on the first try. For the Series 6 I scored a 92 and for the Series 63 I scored a 75. The book was very insightful and helped quite a bit with passing, so thank you to your company.

Austin Kurey, Denver, CO