53% pass rate for Level 3 : OFFICIAL

To put in perspective: 2006 pass rate was 80%. I look at the date now on people’s charters and if it says 2006, I shrug. Sure, the letters are the letters, but 80%??!! After that fiasco, CFAI probably dumped all its LIII graders, went back to square one, and restructured the test. With an 80% pass rate, the credibility of the Charter was degraded.
 
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