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官方的解释是:
Why doesn’t CFA Institute let candidates know what score is required to pass an exam or what score candidates achieved on the exam?
The minimum passing score (MPS) for each level of the exam is determined by the CFA Institute Board of Governors each year after the administration of the exams. Neither the MPS nor individual candidate scores have ever been released. To set the MPS before the administration of the exams would require that an absolute standard be applied without regard to the difficulty of the exams; this could potentially be very unfair to candidates, especially across time. The Board's determination is based largely on standard setters' evaluation of exam difficulty, which can vary from one administration to the next.

关于你另外一个帖子里问的ethics的问题:
What is the "ethics adjustment"?
The Board of Governors instituted a policy to place particular emphasis on ethics. Starting with the 1996 exams, the performance on the ethics section became a factor in the pass/fail decision for candidates whose total scores bordered the minimum passing score. The ethics adjustment can have

官方FAQs地址:http://www.cfainstitute.org/utility/faq/Pages/index.aspx

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