An AP is an individual who solicits orders, customers or customer funds (or who supervises persons so engaged) on behalf of an FCM, IB, CTA or CPO. An AP is, in effect, anyone who is a salesperson or who supervises salespersons for any of these categories of individuals or firms. The registration requirements apply to any person in the supervisory chain-of-command and not only to persons who directly supervise the solicitations of orders, customers or funds. Refer to the registration advisory about AP registration requirements for more detail.

Registration is generally required unless:

1. The individual is already registered as an FCM, IB or Floor Broker or
2. The individual is already registered as a CPO if you are to be associated with a CPO or
3. The individual is already registered as a CTA if you are to be associated with a CTA or
4. The individual is already registered with the Financial Industry Regulatory Authority (FINRA) as a registered representative and limits futures activity to the solicitation of participations in a commodity pool or
5. In certain instances where a firm's commodity interest activity accounts for no more than 10 percent of its annual revenue, the Chief Operating Officer, General Partner or other principal in the supervisory chain-of-command may be eligible for exemption from AP registration.

Filing requirements:

• A completed online Form 8-R.
• A completed fingerprint card and non-refundable registration fee of $85 unless the individual is currently registered with the CFTC in any capacity or is listed as a principal of a current CFTC registrant.
• Evidence from FINRA that the individual has passed the National Commodity Futures Exam (Series 3) within the past two years.
• Verification of Form 8-R.