scr879

If I were in CFAI management committee and if there was any issue of revenues going down, I would get more people into the program.

That is, by letting more people pass L1 and then restrict their exit from L2 and L3.

That way, CFA program is not diluted and they still get more revenues.

If this is their strategy, I dont see any reason why pass rates should be any lower this time.

Anyways, we will have verification in less than 2 months.

Hope it is like this and good luck to you all for your results. I dont mean to take away any credit for your hard work though. But wishing for higher pass rate is wishing for better luck on your side.