Level II (June 2012) and FRM (November 2011) starting, material, currently, 2011

invic

Hey Guys

I'm currently enrolled for Level II in June 2012 and I'm considering the FRM. I have a few questions:

1. Is it too late to start studying for the 1st FRM exam in November?
2. How does the volume of work for the 1st FRM exam compare to Level I CFA?
3. Does the 1st FRM Exam overlap with Level 1 CFA Material?
4. Will I find it hard to balance doing the FRM study and starting the CFA Level 2 material? Will I jeopadise my Level II result by studying for the FRM instead of starting preparations for Level 2 earlier?

Thanks