…the 2009 BOK for level 3 only changed insignificantly because they have such a HUGE amount of people that will be re-taking the exam in 2009 (i.e. low pass rate)??? *Biting nails*
Don’t think so. The impression I have gotten from CFA is that the next year’s curriculum and current year’s passing rate are completely independent. I think the curriculum is actually established before the grading begins. That being said, perhaps they have a passing rate already in mind going into the grading process.
Yes. It’s been my worry since the day they unveiled the '09 curriculum.