Delhi High Court rules against CFA Institute

Dear Colleagues, We are disappointed to inform you that the Delhi High Court ruled against CFA Institute in its case against the AICTE. We feel the ruling is not in the best interests of those who are interested in earning the CFA designation, Indian employers, and the Indian investment community. Once we receive the court’s written opinion, we will review it carefully to evaluate our position and determine our future course of action. Please continue to check www.cfainstitute.org/india for additional updates as they become available.

CFA Institute should read its own Standards of Professional Conduct: Standard I A : Knowledge of the Law

That’s the same nonsense that CFAI spouts. Knowledge of the law doesn’t come within 500 miles of meaning that you can’t end up in Court. There are all kinds of rational disagreements in the world that are settled by having someone else decide.