joehogue

Regarding the ethics adjustment, another site studied the June 2012 Level I exam. Of all people that responded to the survey, nobody got less than 50% in Ethics (or FRA) and passed Level I. That only includes a group of people that shared their results, and not the entire population of Level I test takers.
Approximately half of those that passed got 70% or less in Quant, Economics, Derivatives and Alternatives.
We’re not going to know the MPS, but I think all reasonable estimates have it between 64 and 68.

bigredhockey55

Let me tell you that I really doubt that the MPS will be 64.
Unless I am really wrong, that would make more than 30%-40% of people pass the exam IMO.