I am profitable on commodity and their options. I am currently operating a few accounts for others for free. I am considering of expanding the accounts and collect performance based fees, which I think requires registration with NFA, so I need to pass series 3... My question is: I don't have any financial degree. Will it be possible for sbd like me to pass the series 3 after learning some materials, say, books, and do that in a relatively short time, say, 3 months? I have no idea what series 3 is at all. On the other hand, it seems IB does not allow charging fees to clients from advisers exempt from registration. If this correct? Thanks.