CFA Says Pass Rate for Level 2 Climbs to 47%, Highest Since 2006
Pedestrians cast shadows as they walk on Wall Street near the New York Stock Exchange (NYSE) in New York, U.S., on Monday, March 7, 2016. U.S. stocks fluctuated near two-month highs as commodity shares surged with crude oil, offsetting declines among technology and consumer companies as investors assessed China's growth prospects.
Photographer: Michael Nagle/BloombergA greater share of Chartered Financial Analyst candidates passed the second level of the three-part exam than in any year since 2006.
Forty-seven percent of applicants passed the middle leg in June, up from 46 percent in 2016, the Charlottesville, Virginia-based CFA Institute said Tuesday on Twitter. The pass rate for Level 1 was unchanged at 43 percent. Results from the third part of the exam will be published in August.