Notices to Members

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Notice I-22-24

December 1, 2022

FINRA announces increase in proficiency examination fees for 2023

The Financial Industry Regulatory Authority (FINRA) notified NFA that it will increase its fees for the administration and delivery of NFA's qualifications examinations on January 1, 2023.

On this date, the fee for an individual to take the Series 3: National Commodity Futures Examination will be $140, an increase of $10. The fee for the Series 30: NFA Branch Manager Examination; Series 31: Futures Managed Funds Examination; Series 32: Limited Futures Examination–Regulations; and Series 34: Retail Off-Exchange Forex Examination will be $90, a $5 increase.

To sign up for any of these examinations, an applicant must apply online by visiting FINRA's website.

For information on proficiency requirements, including study outlines, visit NFA's proficiency requirements webpage.

For more information regarding the upcoming fee increase, please contact NFA's Information Center ( or 312-781-1410 or 800-621-3570).

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