A PROP FIRM IS OFFERING TO HELP IT'S TRADERS PASS THE SERIES 56 FOR $499.IF THE PROP TRADERS DON'T PASS THIS FIRM COULD QUITE POSSIBLY CLOSE DOWN.WHY THE HECK WOULD THEY CHARGE THEIR OWN PEOPLE TO HELP THE FIRM STAY IN BUSINESS?JUST ANOTHER SCUM BAG MOVE BY PROP FIRM LOW LIFES?
that's sad, I'm with LES Trading and they are starting free 3 day in-house training on the Series 56 to their traders already.
I think it is possible that a regulation will require all prop traders to obtain their Series 56 beginning in September of 2011. http://complianceinsights.typepad.c...traders-market-makers-the-series-56-exam.html 90% of prop firms are nothing more than brokers that provide leverage.
Yes, CTG is offering a 30 day training program free for all members including free 56 material and training. WTS is offering a 3 day free training for the 56. 499 is way too much and you are mistaken to call prop firms scum bags. The regulation was issued by the SEC and FINRA, not your local prop firm. Call your local congressman & senator and tell them the SEC are scumbags. they're the ones charging for the test. The stronger firms are eating the fees to stay competitive and the others are charging for the material and training. Do your due diligence before investing money in any firm.