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The CFAI site states the following:

"Enroll and Register

Before you enroll in the CFA Program and register for your first exam:

Meet the entrance requirements:
Have a bachelor's (or equivalent) degree
- or be in the final year of your bachelor's degree program at the time of registration
- or have four years of qualified, professional work experience
- or have a combination of work and college experience that totals at least four years (Note: Summer, part-time, and internship positions do not qualify)"

I suppose this means you can register without a bachelor's degree, but you need to have four years of qualified work experience.

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