Quote from cooltraderabhi:
Hi - how much time does it take to register as a CTA with the NFA?
Forever. Not only do you have to complete a disclosure document, which is way longer than a part II ADV, but you also must register with your State Division of Securities and that process is endless.
I don't even worry about the test, because most people if they want to become CTA's will pass it anyway. How you handle writing your disclosure document depends on whether you understand the market, as nobody signs up if you have no real results, so producing hypotheticals is worthless. Not only must it be clearly marked as hypothetical, but investors don't rely on those figures at all.
You'll need to begin trading for your CTA with enough capital so that you aren't undercapitalized, and if you don't have any clients now, there's really no point to registering. Go to worldcupadvisor.com and post your client results to autumngold.com, iasg.com, barclayhedge.com, starkresearch.com, and maybe somebody will call you when you get a decent enough track record.
Basically, until you've registered your CTA, passed the tests, then traded for 3 months, only then can you introduce proprietary results and if you don't have any clients and prop is all you have to show, it becomes even more arduous because you will have to add a disclaimer to proprietary performance as well. Basically, if you have no clients but want to get into the business, wait to write your disclosure document until after you've traded as a CTA for 3 months.
A couple months is unrealistic, but if you have proprietary results you should be able to post them after 3 months of performance as a CTA, so I guess that's the fastest possible route.