21k candidates pass CFA in latest round of exams

The CFA Institute has reported that out of some 38,377 candidates who sat for the Level III exam in June 2019, 56% passed. For the Level I exam, 41% of the 83,656 candidates passed, while 44% passed of the 74,735 candidates who took the Level II exam. The Institute noted that the candidates who passed exams this year studied a curriculum that included an overview of fintech, new ethics case studies, machine learning and professionalism in investment management - reflecting changes in the industry....