Series 56

I just got an E mail from compliance at the CBOE stock exchange prop firm I trade for that we are going to be required to take a trader focused exam called the Series 56. does anyone have any idea what this test is going to consist of and if they are going to exempt you if you a 7 (I would assume no since they make money giving tests).

 

http://www.elitetrader.com/vb/showthread.php?threadid=214822

 

thanks didn't see that thread

 

I actually searched series 56 in Google and it came up, hadn't heard of the 56 and was curious.

 

Here's the link with the details:

http://www.sec.gov/rules/sro/cboe/2010/34-63314.pdf