Series 31 Study Plan — 30, 60, and 90 Day Managed-Futures Prep

Build a Series 31 study plan around managed-futures market knowledge, general regulation, CPO/CTA disclosure, and promotional-material rules.

Series 31 is short, but it is not random. The best plan starts with the highest-weight managed-futures and regulation blocks, then drills disclosure and promotional-material judgment until the rules stop blending together.

Before you start

  • Confirm that Series 31 is the right route instead of Series 3, Series 30, or Series 34.
  • Read the current FINRA exam page and NFA study outline before relying on older notes.
  • Use exact web practice after you understand the route, not as your first source of structure.

30-day plan

DaysFocus
1-6general market knowledge and managed-futures vocabulary
7-12general regulation and NFA rule purpose
13-18CPO/CTA regulations and disclosure documents
19-23risk disclosure, upfront-fee disclosure, and promotional material
24-30mixed sets, miss review, and timed exact practice

60-day plan

Use the first month to build the route map, then spend the second month on mixed application. Do not let the small 4% sections disappear; they are not large enough to lead the plan, but they are easy points if the disclosure purpose is clear.

90-day plan

For a longer runway, rotate weekly through market knowledge, regulation, CPO/CTA disclosure, and promotional material. The final month should be mostly mixed sets and explanation practice, not rereading.

How to review misses well

Tag every miss as market, regulation, CPO/CTA, disclosure, fee, or communication. The useful review question is: did you miss the route, the rule purpose, or the client-facing disclosure consequence?

Final 7-day plan

  • Day 7-5: rebuild the topic-weight map from memory.
  • Day 4-3: do timed mixed sets and review misses by tag.
  • Day 2: reread only weak disclosure and promotional-material areas.
  • Day 1: do a light timing check and stop adding new sources.
Revised on Thursday, April 23, 2026