Level I

Level 1 Dec 2014 results date?

Apologies if this should be widely known, but have searched on the CFAI site for a solid results date… All they give is a rough timeline stating results are released around the 8 week mark after the exam.

Does anyone know if they have set a specific date yet, and if so what is the date?


Pages for lvl 1 books from vitalsource

in some intances, it takes only 1 scroll down to finish a page

in others, it takes several pages

Is there something I can do to make the length of each page uniform?

Merry Christmas

Merry Christmas and Happy Holidays to all

Interest rates instruments

What happens if the creditworthiness of the company that has taken a floating rate loan declines int he middle of the loan term? Is the lender allowed to change the terms or stop rolling the loan forward? Or is he stuck in a raw deal?

Where can I find CFAI - quality questions?

Hello all.

Just in case I don’t pass (and for future reference) where can I find practice questions that are comparable to what is on the actual test?  Besides the practice tests offered and the CFAI books, I can’t seem to find any series of questions that are consistently as tough, or tougher, than the material on the test.  For example, I would say that only 20% of the q-bank questions are CFA test tough.


Legality for financial software vendor to charge based on volume?


I am not an American so I am asking your advice. In the United States, specifically for Equities and Options orders, is it legal for a Financial Software Vendor (non-broker/dealer) to charge its customers (usually sell-side firms) based on:

a. per share (volume)

b. per ticket (per order)

If you have reference to any specific SEC or FINRA rule stating that only a broker/dealer may charge like this then please let me know.


Hypothetical Q

SAy you are given two expected returns for two different assets (Asset 1 and Asset 2). Assume they are equally weighted in a portfolio. Then you receive the actual return of the portfolio as X%. How do you calculate the correlation?

Need assistance regarding pencil and calculator policy

I am planning to take cfa exam in june 2015. I have few questions regarding using pencils and calculators. I wanted to collect these informations early, so that I don’t have to worry about these things later.
1. Do I need to take 2 calculators for the exam? If yes, Can use BA II Pro and BA II plus as back up (different models)?
2.  Which is best - mechanical pencil or regular?
3. There are different points in #2 pencils (e.g., 0.5mm, 0.7mm, 0.9mm - thin, medium, thick). Which point is recommended?


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