Dec.. posted this in Gen. Discussion as well...

Was jus curious to know: What is the reason to not have L2 and L3 exams in December? Why only L1 twice a year?

I would venture to say that it is because many fewer people take L2 and L3 than L1. Not cost efficient to pay proctors/exam centers for the extra room needed to do semi annual L2/L3 exams.

I do remember seeing somewhere that CFA has been thinking about offering Level 2 in Dec for the last few years. Not sure if that will happen anytime soon.

while i want it to be easier to get it is worth less as more people earn it, so i would rather they stay with the current testing rules despite its short term inconvenience