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CFA Level I and II Pass Rates Unchanged as Test-Taking at Record

The same percentage of hopefuls for the Chartered Financial Analyst designation passed the first and second levels of their three-part exam in June compared with a year earlier.

Forty-two percent of applicants passed the first level of the test, while 46 percent achieved the second level, the Charlottesville, Virginia-based CFA Institute said Tuesday in a statement on its website. Results for the third level of the exam will be released in August.