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CFA Loses Candidates' Exams

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CFA Institute, the global association of investment professionals that awards the Chartered Financial Analyst designation, said the answer sheets of 275 candidates who took exams in Ghana last month were lost. The shipping agent hasn’t delivered the Level 1 papers to the institute so “we cannot grade your December 2010 CFA exam,” according to an e-mail addressed to “all candidates in Africa” by President John Rogers.

“I can only imagine how upsetting this news must be to you. We know the time and effort you put into this examination process and are determined to support your investment in time as best we can,” Rogers said in the e-mail.

CFA Institute Says It Lost Exam Answer Sheets of Some Candidates in Africa [Bloomberg]