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I have called earlier today to inquire about the meaning of this. In my case, since I am now a regular member of the institute (faxed my CC info to the local society yesterday, and paid my invoice to the institute today - very quick turnaround) this means I am waiting around for them to resume awarding charters on 9/1.
I was told that once the charter is awarded, I will receive an email stating I can begin to use the CFA designation. The e-mail will have further information regarding receiving the physical charter.
Hope this helps
-Ed

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