cfa 2004 registration

8/6/2019 Cfa 2004 Registration

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CFA ASSOCIATION FOR

INVESTMENT MANAGEMENT

AND RESEARCH®

CHARTERED FINANCIAL ANAL YST® (CFA ®) PROGRAM

Registration & Enrollment Package Registration and Enrollment Information for New Candidates

• Enrollment Information for Returning Level I and II Candidates



Three years of acceptable professional work experience are

required before the CFA charter can be awarded. This experience

may be accrued while the candidate is in the CFA Program, after

the candidate has passed all three levels of examinations, or fromprevious positions.

Acceptable work experience includes activities that consist

to a significant extent of collecting, evaluating, or applying

financial, economic, or statistical data (as appropriate) as part of

the investment decision-making process; or supervising, directly

or indirectly, those who practice such activities; or the teaching of

such activities. The investment decision-making process is the

professional practice of financial analysis, investment

management, securities analysis, or other similar activities.

CFA CANDIDATES ARE REQUIRED TO SPEND AT LEAST 40

PERCENT OF THEIR TIME IN THESE ACTIVITIES TO ACCRUE

THE REQUIRED PROFESSIONAL WORK EXPERIENCE. Summer,

part-time, and internship positions do not qualify.

The following job titles are provided as a guide only. Job titles

alone cannot convey the true nature of the underlying job duties.

Therefore, to assess professional work experience, evaluate the

nature of your job activity, as described above, rather than merely

the job title.

Accountant

Actuary

Auditor

Bank Examiner

Bank Lending (corporate)

Business Appraiser

Client Services Manager

Compliance Examiner

Consultant on Investment Manager Selection/Investment Policy

Corporate Chief Financial Officer

Corporate Controller (not finance/notinvestment)

Derivatives Analyst

Director of Finance

Director of Mutual Funds

Economist (involved in investmentdecision-making process)

Financial Journalist (Editor/Reporter/Publisher)

Financial Planner

Internal Corporate Planning Analyst

Internal Management of Investment Firm

Investment Banking/Corporate FinanceConsultant

Investment Sales (consultative)

Investment Strategy Formulation

Investor Relations

Management Consultant (excluding personnel)

Marketer (of investment management services,funds, securities, etc.)

Mutual Fund Sales/Trainer

Options/Futures/Commodities Analyst

Portfolio Administrator

Portfolio Manager

Portfolio Performance Evaluator

Portfolio Strategist

WORK EXPERIENCE GUIDELINES FOR EVENTUAL AWARD OF THE CFA CHARTER

Product/Software Developer (of investment-related products/services)

Professor/Instructor(investment, finance, and economics, ornon-financial business administration)

Quantitative Investment AnalystReal Estate Investment Manager

Risk Analyst (securities related)

Securities and Investment Analyst

Securities Regulation

Securities Trader

Securities Underwriter

Stockbroker/Registered Representative

Valuator of Closely Held Business

Valuator of Mergers/Acquisitions

Venture Capital Investment (not securities)

ABOUT THE CFA PROGRAM

Requirements to Be Awarded and

Maintain the Use of the CFA Charter

To be awarded the CFA charter, a candidate must:

1. Sequentially pass the Level I, Level II, and Level III

examinations;

2. Have at least three years of acceptable professional

experience working in the investment decision-making

process; and

3. Join AIMR as a member. As part of the application for AIMR

membership, a candidate must:

• Provide current completed sponsor forms;

• Sign and complete the Professional Conduct Statement;

• Sign and agree to comply with the terms of the Member’s

Agreement; and

• Exhibit a high degree of ethical and professional conduct.

4. Apply concurrently for membership in an AIMR

Society/Chapter of your choice. Your active membership in

AIMR Societies/Chapters is an important part of continuing

advancement in your profession.

5. Once a candidate becomes a CFA charterholder, he or she

must comply with AIMR’s conditions, requirements, policies

and procedures of a CFA charterholder and AIMR member,including those set forth in the AIMR Articles of

Incorporation, Bylaws, Code of Ethics, Standards of

Professional Conduct, Rules of Procedure for Proceedings

Related to Professional Conduct, and other conditions,

requirements, policies and procedures that may be

established and amended from time to time, including the

submission of an annual Professional Conduct Statement and

the payment of membership dues. Failure to comply with

AIMR’s conditions, requirements, policies and procedures

can result in disciplinary sanctions, including suspension or

revocation of the right to use the CFA designation.



STEPS FOR REGISTERING FOR THE CFA PROGRA

• Read this entire Registration & Enrollment Package carefu

and understand the conditions, requirements, policies, a

procedures that will govern your participation in the C

Program. You must adhere to these conditions, requiremen

policies, and procedures as a condition of participation in t

CFA Program.

• If you are not certain whether you should register for the C

Program, try taking the CFA Candidate Self-Assessment Test

the AIMR Web site at www.aimr.org/cfaprogram.

• Answer all questions on both sides of the accompany

Registration & Enrollment Form. Complete and sign

Professional Conduct Inquiry and the Candidate Responsibi

Statement located on the last page of the form. If you ar

previously registered candidate, you must also complete

Professional Conduct Statement.

• Enclose payment for the correct amount (either a check

money order made payable to AIMR or your credit c

information).

• All AIMR policies go into effect immediately upon submiss

of an application to AIMR. Once you submit your form for t

CFA Program to AIMR, your registration and enrollment fe

are non-refundable and non-transferrable.

• Enclose a current business card if you have one. Do not staple

tape the card to the form.

• Keep a copy of the Registration & Enrollment Form

your records.

• Mail all correspondence separately from the Registration

Enrollment Form.

• Mail the Registration & Enrollment Form in the enclos

preaddressed envelope. If no envelope is enclosed, mail yo

Registration & Enrollment Form to the address at the l

AIMR is not responsible for lost shipments or mail that is n

received by deadlines. To ensure that your form can

tracked if not received by AIMR, it is strongly suggested th

you use an overnight carrier.

©2003 by the Association for Investment Management and Research. The C

Registration Package may be copied provided it is copied in full

includes credit to the Association for Investment Management and Resea

Chartered Financial Analyst®, CFA®, and the AIMR logo are just a few of

trademarks owned by AIMR. For a list of AIMR trademarks and a guide for their

visit the AIMR Web site at www.aimr.org.

INSIDE THIS PACKAGE

About the CFA Program

Work Experience Guidelines

Registration Information 2

Prerequisites

Examinations

Basic Entrance Requirements Application Processing

Incomplete Applications

Participating in the CFA Program 3-4

Textbooks

CFA Study Groups

Results Reporting

Registering for the CFA Program 4

Frequently Asked Questions 5

Country/Territory of Residence Codes 6

Professional Information Codes 6

Candidate Responsibilities 7-9

CONTACTING AIMR

Mail

Association for Investment Management and Research

(mail completed Registration & Enrollment Form to

“Department A”)P.O. Box 3638

Charlottesville, VA 22903-0638 USA

If sending your completed Registration & Enrollment Form

to AIMR by an overnight carrier, please address to:

Association for Investment Management and Research

Department A

560 Ray C. Hunt Drive

Charlottesville, VA 22903-2981 USA

Web site E-mail

www.aimr.org [email protected]

INFORMATION CENTRAL

Telephone Facsimile

800-247-8132 (US & CANADA) 434-951-5686

434-951-5499

HOURS OF OPERATION:

6:00AM - 9:00PM EST (11:00AM - 2:00AM UTC/GMT)

All information and correspondence must be submitted in English.



Save mailing time and costs by using Online Candidate Registration at www.aimr.

REGISTRATION INFORMATION

Prerequisites

The CFA Program is postgraduate. The readings

assigned in the study program and the questions on

the CFA examinations are designed for individuals

who are prepared to deal with “masters” level course

work. No specific prerequisite courses of study are

prescribed for enrolling in the CFA Program, but

applicants should be aware that assigned readings in

many topic areas are beyond a basic, introductory

level.

Examinations

The CFA examination is offered at locations

throughout the world. Candidates must complete

three levels of examinations sequentially. Candidates

who fail an examination are encouraged to repeat the

level.

The Level I examination is composed of multiple-

choice questions and is offered in June and December.

Levels II and III consist of essays and item sets and

are offered only in June.

Candidates may enroll for only one examination at a

time. Candidates must wait to receive their

examination results before enrolling for the next

examination, since the results will determine whether

a candidate must repeat the current level or advance to

the next level.

Basic Entrance Requirements

To register in the CFA Program, an applicant must:

• Have a US bachelor’s degree or comparable non-

US degree. The degree requirement is self-

reporting. An applicant must receive a bachelor’s

degree no later than 31 December of the current

examination year to qualify for entrance into the

CFA Program.

If an applicant does not have a degree, qualified

professional work experience totaling at least four

years may be acceptable. Eligible professional

experience for entrance to the program instead of a

degree does not have to be investment related;

summer, part-time, and internship positions do not

qualify. Employment dates (month and year) an

detailed description of duties for all current a

previous positions must be included with

Registration & Enrollment Form. An applic

may also apply for entrance to the program wit

combination of college/university and professio

work experience that totals at least four years. (T

four-year total must be accrued by the applicatdate.) Details must be included with t

Registration & Enrollment Form.

If a student does not meet the deg

requirement by 31 December of the examinat

year, his or her candidacy will be cancell

examination results will be voided, no refund

submitted registration and enrollment fees will

issued, and he or she will need to register ag

and pay all applicable fees to re-enter t

program.

• Complete, sign, and return the Registration

Enrollment Form, including the Professio

Conduct Inquiry and Candidate Responsibil

Statement located on the back of the form.

• Pay the required fees.

Application Processing

Processing may take up to three weeks. Study Guides

sent to applicants when payment is processed. Receipt o

Study Guide does not indicate acceptance into the program

Notify AIMR if your Study Guide is not receiv

within four to six weeks. After receipt of the Stu

Guide, you will also need to obtain the assign

textbooks. After an application is approved, an offic

acceptance letter is sent if all entrance requirements

met. If an official acceptance letter or notice

incomplete application is not received within six

eight weeks after mailing your application, you sho

contact Information Central (E-mail: [email protected]

telephone: 434-951-5499; facsimile: 434-951-5262).

Incomplete Applications

Applications are considered incomplete if a

information required for entrance is not provided

the Professional Conduct Inquiry and Candid

2



Responsibility Statement are not completed and

signed, and/or if appropriate payment is not

submitted along with the correct form.

Applicants submitting incomplete applications will be

sent only one notice from AIMR. Completed

applications must be received by AIMR within 30

days of the date on the written notice, therefore

missing information and/or items should be sent via

overnight carrier to avoid postal-service delays.

Applicants should check their status with Information

Central within two weeks of mailing this information.

Some specific examples of incomplete applications

are: (1) credit card is denied or incomplete payment is

submitted, (2) education section of the form is unclear

or incomplete, (3) test center is not selected, (4) form

is sent without payment, (5) wrong or outdated form is

submitted, or (6) missing signature.

If an applicant/candidate does not properly complete

his/her application within the designated time period,

or meet the entrance requirements, the application

will be cancelled and the applicant/candidate will

receive a reimbursement of all current examination

fees less a US$100 processing charge. Applicants/

candidates with denied credit cards or no payments will

not receive a refund and will be cancelled from the

program. Applicants/candidates with cancelled

applications will not be eligible to sit for the currentexamination unless a new complete Registration &

Enrollment Form is submitted by the stated deadlines

and all current fees are paid.

PARTICIPATING IN THE CFA PROGRAM

Textbooks

Order forms for assigned textbooks are provided in the

back of the Study Guide. Enrolled candidates canaccess Study Guides, and other relevant information,

using the Candidate Services Section of the AIMR Web

site. Book order forms and study outlines are also

available on the AIMR Web site. The cost of textbooks

is not included in registration and enrollment fees.

Textbooks are not ordered through AIMR.

Textbooks are available through the following book

distributors:

• PBD Worldwide Fulfillment Services

P.O. Box 931788, Atlanta, GA 31193-1788

USA

tel: 800-789-2467 or 770-442-8633, ext. 298

fax: 770-442-9742,

E-mail: [email protected]

Web site: www.pbdbookstore.com

• Times Publishing Corporation (HK) Limited

10/F., Block C, Seaview Estate,

2–8 Watson Road,

North Point, Hong Kong

tel: 852 2356 5502 or

852 2356 5534, fax: 852 2764 5095

or 852 2365 7834,

E-mail: [email protected]

• STP Distributors Pte Ltd.

Pasir Panjang Districentre Block 1 #03-01A,Pasir

Panjang Road, Singapore 118480

tel: 65 6276 7626

or 65 6276 8054, fax: 65 6276 7119

CFA Study Groups

Although the CFA Program is essentially one of

individual study, study-group programs are also

available through a variety of sources, including AIMR

Member Societies and Chapters. Many CFAcandidates live in areas with a local study-group

program. Where distance makes large groups

prohibitive, candidates might organize study programs

with one or more associates in their localities.

Information on Member Society and Chapter study

groups is available in the Candidate Services section of

the AIMR Web site (www.aimr.org).

Results Reporting

Examination results are reported as “pass” or “fail.”Actual examination scores are not released. Results are

posted on the AIMR Web site and are distributed by

first-class mail (international surface mail outside of

North America), usually within 90 days of the

examination date. Examination results are never

released over the telephone. A summary of

examination results may be distributed without

candidate identification to AIMR Member Societies

You can Register/Enroll online at www.aimr.org



4 Save mailing time and costs by using Online Candidate Registration at www.aimr.o

and Chapters, CFA examination prep-course sponsors,

and others.

All examination materials, including answers, are the

property of AIMR and will not be returned to the

candidate in either original or copied form.

REGISTERING FOR THE CFA PROGRAM

Examination Information

Test Center Code. Select a test center and enter the

test center code in the boxes provided. Sunday

examinations will be given at test centers noted with

an asterisk (*). NOTE: If you do not select a test

center, your application is considered incomplete.

Special Requests. You may request one or more

special accommodations — including a special test

center, a disability accommodation, or a religious

alternative date — by marking the appropriate boxes

in Section 1 of the Registration & Enrollment Form.

You must select a test center before making a special

test center request.

• “Special Test Center” (June only)—check this box

to request a test center that does not appear in the

“Test Centers” list. Write the name of your

requested city in the space provided. AIMR has thesole discretion to approve special test centers.

Approvals will be announced 75 days prior to the

chosen examination date.

• “Disability Accommodations”—check this box to

request testing accommodations for a disability. You

must read the instructions and information sheet for

requesting disability accommodations located in the

Candidate Services Section of the AIMR Web site.

The information that candidates will be asked to

provide includes:

(1) A detailed description of the suggested

accommodation; and

(2) Acceptable documentation from a qualified

healthcare provider/diagnostician stating the

specific diagnosis of the disability and

documenting the need for the suggested

accommodation.

AIMR attempts to provide reasonable acco

modations for disabled candidates who cannot

tested under ordinary conditions.

• “Religious Alternative Date”—check this box

request an alternate examination date due

conflicting religious obligations or beliefs. AIM

will confirm your request in writing within four

six weeks of receipt of your Enrollment Form.

Special requests must be received by AIMR

days before the chosen examination da

Because special requests may require significa

processing time, you are urged to complete a

mail your form as early as possible.

Personal Information

National Identification Number. (E.g.: Soc

Security Number, Canadian Social Insurance NumbOther Country Number.) This number will be used

a secondary identification for the CFA Progra

Although you are not required to disclose this numb

providing the last four digits would be helpful

AIMR to avoid duplicate registrations.

Name. AIMR strongly suggests that you provide y

name exactly as it appears on your government-issu

photo identification.

Use of Contact Information

If you do not want certain personal information, su

as name and address, released to various part

(including Member Societies and Chapters, C

examination preparatory course providers, oth

related service providers, or regulatory authoritie

please check the appropriate box[es] located in sect

10 of the Registration & Enrollment Form or foll

the procedures described in AIMR’s privacy policy.

To learn more about AIMR’s information polic

please visit our Web site at www.aimr.org or reques

copy of our privacy policy by e-mail at [email protected]



If I am a candidate, am I also an AIMR member?

No. Candidates who wish to earn the CFA charter

must first join AIMR and apply for membership in an

AIMR Member Society or Chapter. You will find more

information on AIMR membership on the AIMR Web

site at www.aimr.org.

What if I do not have three years of acceptable workexperience towards the CFA charter when I register

for the CFA Program?

Provided you have met the entrance requirements for

the CFA Program, you are eligible to sit for the

examinations. Three years of acceptable work

experience must be accrued before you can earn the

charter. Work experience can be accrued before,

during, or after passing Level III.

I am calling from the accounting department of XYZ

Investments. May I verify the status of an employee's

application?

AIMR will verify the status of the payment; however,

all other information is confidential. Please have this

individual contact us directly for further assistance.

Since AIMR has a no-refund policy, may I apply my

enrollment fees to the next examination date?

Candidates cannot carry forward (defer) enrollment

fees. In addition, registration or enrollment fees

cannot be transferred from one applicant/candidate toanother applicant/candidate.

When will I receive specific details on my test center

location?

The exact location of your test center will be provided

on your examination admission ticket. Tickets are

issued in April for the June examinations and in

October for the December Level I examination.

When will I receive the examination results?

Level I results are usually distributed within 60 daysof the examination date, and Level II and III results

within 90 days. Therefore, your address, including

your e-mail address, must be current at all times.

FREQUENTLY ASKED QUESTIONS

Can you provide guidance in helping me to determine

if my degree is comparable to a US bachelor’s

degree?

Generally, applicants must have reached a level of

study that qualifies them for acceptance to university

graduate programs in the countries where they earned

their undergraduate degrees. If you need assistance to

determine whether or not your degree is comparable

to a US bachelor’s degree, AIMR suggests that you

contact your college or university to make an inquiry.

Am I required to buy all the books?

AIMR does not require candidates to purchase all books

used in the curriculum, but we strongly believe that

studying the prescribed curriculum is the best way to

prepare for the examinations. Remember that the

examinations are developed directly from thecurriculum and are consistent with the Learning

Outcome Statements (LOS) prescribed by AIMR.

There is no substitute for studying the original

material.

How much time should I plan to dedicate to

preparing for the examination?

AIMR estimates that you will need to devote 10 – 15

hours per week for 18 weeks to prepare adequately for

the Level I or the Level II examination. Registering

late may place you at a disadvantage in relation to

candidates who are already enrolled and have been

studying for several months.

The questions and guideline answers to the Level II

and III essay questions are provided to candidates

both in printed form and on AIMR's Web site. Where

can I get copies of the questions and the answers for

the Level II and III item sets?

Neither the Level I questions and answers nor the

Level II and III item set questions and answers arereleased to the public. Although these actual

questions are not released to the public, the Level I

format is illustrated in the Sample Exam provided to

Level I candidates and the item set format is

explained and illustrated in the Level II and Level

III Study Guides.




PROFESSIONAL INFORMATION CODESPlease make every effort to find codes that come close to describing your professional information before choosing “Other.”

Christmas Island& Cocos Island . . . . . . . . 160

Colombia . . . . . . . . . . . . . . . . . 7Comoros . . . . . . . . . . . . . . . 239Congo, Dem Rep of . . . . . . 228Congo, Rep of . . . . . . . . . . . 161Cook Islands . . . . . . . . . . . . 162Costa Rica . . . . . . . . . . . . . . . 37Croatia, Rep of . . . . . . . . . . 163Cuba . . . . . . . . . . . . . . . . . . 240Cyprus . . . . . . . . . . . . . . . . . . 97Czech Republic . . . . . . . . . . 78

Denmark . . . . . . . . . . . . . . . . 56Diego Garcia . . . . . . . . . . . . 164Djibouti, Rep of . . . . . . . . . 107Dominica . . . . . . . . . . . . . . . 165Dominican Republic . . . . . 139Ecuador . . . . . . . . . . . . . . . . . 24Egypt, Arab Rep of . . . . . . . 88El Salvador . . . . . . . . . . . . . . 92Equatorial Guinea,

Rep of . . . . . . . . . . . . . . . 167Eritrea . . . . . . . . . . . . . . . . . 166Estonia . . . . . . . . . . . . . . . . . . 96Ethiopia . . . . . . . . . . . . . . . . 168Falkland Islands . . . . . . . . . 169Faroe Islands . . . . . . . . . . . . 170Fiji . . . . . . . . . . . . . . . . . . . . . 87Finland . . . . . . . . . . . . . . . . . 51France . . . . . . . . . . . . . . . . . . 13French Guiana . . . . . . . . . . 171French Polynesia . . . . . . . . 232Gabon Republic . . . . . . . . . 172Gambia . . . . . . . . . . . . . . . . 173Georgia . . . . . . . . . . . . . . . . 174Germany, Fed Rep of . . . . . . 74Ghana . . . . . . . . . . . . . . . . . 108Gibraltar . . . . . . . . . . . . . . . 137Greece . . . . . . . . . . . . . . . . . . 55Greenland . . . . . . . . . . . . . . 175Grenada . . . . . . . . . . . . . . . . 105Grenadines, The . . . . . . . . . 231Guadeloupe . . . . . . . . . . . . . 176Guam . . . . . . . . . . . . . . . . . . 129Guantanamo Bay . . . . . . . . 177Guatemala . . . . . . . . . . . . . . 133Guinea, Rep of . . . . . . . . . . 235Guinea-Bissau . . . . . . . . . . . 178

Guyana . . . . . . . . . . . . . . . . 123Haiti . . . . . . . . . . . . . . . . . . . 179Honduras . . . . . . . . . . . . . . . 180Hong Kong . . . . . . . . . . . . . . 20Hungary . . . . . . . . . . . . . . . . . 77Iceland . . . . . . . . . . . . . . . . . 131India . . . . . . . . . . . . . . . . . . . . 47Indonesia . . . . . . . . . . . . . . . . . 8Iran . . . . . . . . . . . . . . . . . . . . . 59Iraq . . . . . . . . . . . . . . . . . . . . 181Ireland, Rep of . . . . . . . . . . . 64Israel . . . . . . . . . . . . . . . . . . . 71

Italy . . . . . . . . . . . . . . . . . . . . 42Ivory Coast, Rep of . . . . . . 126 Jamaica . . . . . . . . . . . . . . . . . 63 Japan . . . . . . . . . . . . . . . . . . . 10 Jordan . . . . . . . . . . . . . . . . . . 76Kazakhstan . . . . . . . . . . . . . 127Kenya, Rep of . . . . . . . . . . . 109Kiribati . . . . . . . . . . . . . . . . . 182Korea, Rep of . . . . . . . . . . . . 26Kuwait . . . . . . . . . . . . . . . . . . 16Kyrgyzstan . . . . . . . . . . . . . . 183Laos . . . . . . . . . . . . . . . . . . . 184Latvia . . . . . . . . . . . . . . . . . . 120Lebanon . . . . . . . . . . . . . . . 121Lesotho . . . . . . . . . . . . . . . . 185Liberia . . . . . . . . . . . . . . . . . 186Libya . . . . . . . . . . . . . . . . . . . 70Liechtenstein . . . . . . . . . . . . 75Lithuania . . . . . . . . . . . . . . . 106Luxembourg . . . . . . . . . . . . . 52Macao . . . . . . . . . . . . . . . . . . 72Macedonia . . . . . . . . . . . . . . 234Madagascar, Dem Rep of . . 189Malawi . . . . . . . . . . . . . . . . . 187Malaysia . . . . . . . . . . . . . . . . . 31Maldives, Rep of . . . . . . . . 188Mali Republic . . . . . . . . . . . 190Malta . . . . . . . . . . . . . . . . . . 130Marshall Islands . . . . . . . . . 191Mauritania, Islamic

Rep of . . . . . . . . . . . . . . . 193Mauritius . . . . . . . . . . . . . . . 115Mayotte . . . . . . . . . . . . . . . 192Mexico . . . . . . . . . . . . . . . . . . 39Micronesia, Fed States of . . 69Moldova . . . . . . . . . . . . . . . . 194

Monaco . . . . . . . . . . . . . . . . . 60Mongolia . . . . . . . . . . . . . . . 195Montserrat . . . . . . . . . . . . . . 196Morocco, Kingdom of . . . . . 117Mozambique . . . . . . . . . . . . 197Myanmar . . . . . . . . . . . . . . . 198Namibia . . . . . . . . . . . . . . . . . 93Nauru . . . . . . . . . . . . . . . . . . 199Nepal . . . . . . . . . . . . . . . . . . 112Netherlands . . . . . . . . . . . . . . 9Netherlands Antilles . . . . . 100Nevis . . . . . . . . . . . . . . . . . . 200

New Caledonia . . . . . . . . . . 201New Zealand . . . . . . . . . . . . 54Nicaragua . . . . . . . . . . . . . . 202Niger, Rep of . . . . . . . . . . . 203Nigeria, Fed Rep of . . . . . . . 41Niue . . . . . . . . . . . . . . . . . . . 204Norfolk Island . . . . . . . . . . . 205Norway . . . . . . . . . . . . . . . . . 43Oman . . . . . . . . . . . . . . . . . . . 44Pakistan . . . . . . . . . . . . . . . . . 38Palau, Rep of . . . . . . . . . . . 206Panama, Rep of . . . . . . . . . . 114Papua New Guinea . . . . . . . 30Paraguay . . . . . . . . . . . . . . . 103Peru . . . . . . . . . . . . . . . . . . . 116Philippines, The . . . . . . . . . . 12Poland . . . . . . . . . . . . . . . . . . 99Portugal . . . . . . . . . . . . . . . . . 61Qatar . . . . . . . . . . . . . . . . . . . 68Reunion . . . . . . . . . . . . . . . . 207Romania . . . . . . . . . . . . . . . . 118Russia . . . . . . . . . . . . . . . . . . 95Rwanda . . . . . . . . . . . . . . . . 208Saipan . . . . . . . . . . . . . . . . . 211Samoa . . . . . . . . . . . . . . . . . 227San Marino . . . . . . . . . . . . . 212Sao Tome & Principe . . . . . 213Saudi Arabia . . . . . . . . . . . . . 23Scotland . . . . . . . . . . . . . . . . . 67Senegal, Rep of . . . . . . . . . . 214Seychelles, Rep of . . . . . . . 215Sierra Leone . . . . . . . . . . . . . 29Singapore . . . . . . . . . . . . . . . . 15Slovakia . . . . . . . . . . . . . . . . 101Slovenia, Rep of . . . . . . . . . . 48Solomon Islands . . . . . . . . . 216

Somalia . . . . . . . . . . . . . . . South Africa, Rep of . . . . . Spain . . . . . . . . . . . . . . . . . Sri Lanka, Dem Soc

Rep of . . . . . . . . . . . . . . St. Helena . . . . . . . . . . . . . St. Kitts . . . . . . . . . . . . . . . St. Lucia . . . . . . . . . . . . . . St. Pierre & Miquelon . . . St. Thomas . . . . . . . . . . . . St. Vincent . . . . . . . . . . . . . Sudan . . . . . . . . . . . . . . . . .

Suriname, Rep of . . . . . . .Swaziland . . . . . . . . . . . . . Sweden . . . . . . . . . . . . . . . Switzerland . . . . . . . . . . . . Syrian Arab Republic . . . . Tajikistan . . . . . . . . . . . . . . Tanzania . . . . . . . . . . . . . . . Thailand . . . . . . . . . . . . . . Togo, Rep of . . . . . . . . . . . Tonga . . . . . . . . . . . . . . . . . Trinidad and Tobago,

Dem Rep of . . . . . . . . . Tunisia . . . . . . . . . . . . . . . . Turkey . . . . . . . . . . . . . . . . Turkmenistan . . . . . . . . . . Turks & Caicos Island . . . Tuvalu . . . . . . . . . . . . . . . . Uganda . . . . . . . . . . . . . . . Ukraine . . . . . . . . . . . . . . . United Arab Emirates . . . United Kingdom . . . . . . . . United States of America . Uruguay . . . . . . . . . . . . . . . Uzbekistan . . . . . . . . . . . . Vanuatu, Rep of . . . . . . . . Vatican City . . . . . . . . . . . . Venezuela . . . . . . . . . . . . . Vietnam . . . . . . . . . . . . . . . Virgin Islands . . . . . . . . . . Wallis & Futuna Islands . .Yemen, Rep of . . . . . . . . . Yugoslavia, Fed Rep of . . Zambia . . . . . . . . . . . . . . . . Zimbabwe . . . . . . . . . . . . .

Afghanistan . . . . . . . . . . . . . 238Albania, Rep of . . . . . . . . . . 142Algeria . . . . . . . . . . . . . . . . . 143American Samoa . . . . . . . . . . 27Andorra . . . . . . . . . . . . . . . . . 35Angola . . . . . . . . . . . . . . . . . 144Anguilla . . . . . . . . . . . . . . . . 138Antigua & Barbuda . . . . . . . 147Argentina . . . . . . . . . . . . . . . . 57Armenia . . . . . . . . . . . . . . . . 140Aruba . . . . . . . . . . . . . . . . . . . 90Ascension Island . . . . . . . . . 148

Australia . . . . . . . . . . . . . . . . . . 6Austria . . . . . . . . . . . . . . . . . . 65Azerbaijan . . . . . . . . . . . . . . 149Bahamas . . . . . . . . . . . . . . . . . 3Bahrain . . . . . . . . . . . . . . . . . 21Bangladesh,

Peoples Rep of . . . . . . . . . 80Barbados . . . . . . . . . . . . . . . . 66Belarus . . . . . . . . . . . . . . . . . 150Belgium . . . . . . . . . . . . . . . . . 36Belize . . . . . . . . . . . . . . . . . . . 18Benin, Peoples Rep of . . . . 151Bermuda . . . . . . . . . . . . . . . . . 4Bhutan . . . . . . . . . . . . . . . . . 113Bolivia . . . . . . . . . . . . . . . . . . 32Bosnia & Herzegovina,

Rep of . . . . . . . . . . . . . . . 152Botswana . . . . . . . . . . . . . . . . 53Brazil . . . . . . . . . . . . . . . . . . . 19Brunei . . . . . . . . . . . . . . . . . . 79Bulgaria . . . . . . . . . . . . . . . . 104Burkina Faso . . . . . . . . . . . . 153Burundi . . . . . . . . . . . . . . . . 154Cambodia . . . . . . . . . . . . . . 155Cameroon, United

Rep of . . . . . . . . . . . . . . . 156Canada . . . . . . . . . . . . . . . . . . . 2Canary Islands . . . . . . . . . . . 85Cape Verde . . . . . . . . . . . . . 157Cayman Islands . . . . . . . . . . 33Central African Republic . . 158Chad Republic . . . . . . . . . . 159Channel Islands . . . . . . . . . 124Chile . . . . . . . . . . . . . . . . . . . 98China, People’s Rep of . . . . 46China, Rep of (ROC) . . . . . . 40

COUNTRY/TERRITORY OF RESIDENCE CODESIf your country is not listed, leave the field blank.

Industry Classification(choose one)

Academic Institution (2)

Bank (all) (3)

Broker-Dealer, Investment Banking (1)

Consulting (4)

Financial Publisher (6)

Foundation/Endowment (7)

Government/Regulatory Agency (8)

Insurance Company (9)

Investment Company/Mutual Fund (10)

Investment ManagementCounseling (11)

Plan SponsorCorporate (5)Public (13)

Union (15)Retired (14)

Other (16)

Title and OccupationClassification

(choose up to two)

Academic (RR)

Accountant/Auditor (A)

Actuary (B)

AnalystClosely Held Companies (SS)Credit (K)Emerging Markets (WW)Equity (O)Fixed Income (S)

Mergers and Acquisitions (TT)Options and Futures (CC)Quantitative Research (GG)Real Estate (HH)Venture Capital (UU)

Attorney (C)

BankExaminer/Regulator (D)Trust Administrator (QQ)Trust Investments (AB)

CEO/Chair/Partner/Principal (E)

Chief Investment Officer (F)

Compliance Officer (G)

ConsultantManagement (BB)Pension (YY)

Corporate Financial Officer (I)

Corporate Pension Officer (J)

Derivatives Specialist (L)Director of Research (M)

Economist (N)

Financial Journalist (Q)

Financial Planner (R)

Government (U)

Investment Administrator (W)

Investment Banker (X)

Investment Counselor (Y)

Investment Firm Manager (Z)

Mutual Funds (ZZ)

Performance MeasurementSpecialist (DD)

Portfolio Manager (EE)

Portfolio Strategist (FF)

Retired (VV)

Sales and Marketing RepresentativeInstitutional (V)Investment Services (AA)Retail (II)

Student (MM)

Trader/Securities and Other (KK)

Other (XX)

Industry Specialty(choose up to three)

Advertising (AD)

Aerospace (AE)

Apparel/Textiles (AP)

Asset Backed Securities (AB)

Automobiles & Accessories (AU)

Banks (BA)

Beverages (BE)

Bonds (all) (BO)Cash Equivalents (CE)

Chemicals (CH)

Communications (CM)(Newspaper/Periodicals/ Radio/TV)

Computers (Hardware/Software) (CP)

Construction (CO)

Construction Building Materials (BU)

Construction Manufact. Housing (MH)

Consulting (C)

Consumer Products(Durable/Non-Durable) (DN)

Containers (CT)

Cosmetics (CU)

Diversified Companies (DV)

Drugs (DR)

Electronics/Electrical Equipment (EEnergy

Natural Gas Pipeline (G)Nuclear & Solar (EN)Oil & Gas Producers (OI)Oil Services (OS)

Entertainment (ET)

Environmental Control (EV)

Food Processing (FO)

Generalist (follow 3 or moreindustries) (GN)

Health Care and Maintenance (HC)

Lodging & Food Services (LF)

Machinery (MA)

Metals (MI)

Non-Bank Financial InstitutionsInsurance (IS)Savings & Loan (SA)

Security Brokerage (SB)Non-U.S. Securities (NU)

Office Equipment (OF)

Paper & Forest Products (PA)

Publishing (PU)

Real Estate (RL)

Retail Trade (RT)

Retired (R)

Special/Emerging Situations (SS)

Steel (ST)

Technology (TH)

Telecommunications (TC)

Tobacco (TO)

Transportation (Common Carrier) (T

Utilities (all) (UT)

Other (YY)

Save mailing time and costs by using Online Candidate Registration at www.aimr.6



CANDIDATE RESPONSIBILITIES

Code and Standards

When you enroll in the CFA Program, and

ultimately if you are to become a CFA

charterholder, you are doing more than simply

mastering a Body of Knowledge, you are

committing to the AIMR Code of Ethics and

Standards of Professional Conduct. This

commitment is not to be taken lightly; it demands

that, above all else, you put the interests of your

clients first. There is nothing that AIMR does as an

organization that is of greater importance than

promoting the use of its Code and Standards by

investment professionals and enforcing the Code

and Standards among AIMR members and CFA

candidates. These are standards of integrity that

you must abide by as long as you are a CFAcandidate and/or an AIMR member.

Sponsors

To be awarded the CFA charter, candidates must

supply AIMR with acceptable professional sponsors.

Candidates will be provided with complete

information regarding sponsors upon enrolling for the

Level III examination.

Address and Test Center Changes

Address changes must be submitted to Information

Central via fax, mail, e-mail, or the AIMR Web site.

Failure to notify AIMR of an address change may

prevent or delay receipt of important information.

Changing your address will not change your test

center. To request a test center change, complete and

submit the Test Center Change Request form

available on AIMR’s web site. Your request must be

received in writing by AIMR at least 60 days before

the chosen examination date.

Tickets

Admission tickets for the examinations will be

distributed in April for the June examinations and

October for the December Level I examinations.

Candidates must present their ticket and a current

government-issued photo identification for admittance

on examination day. Tickets will indicate the

examination date, candidate number, candidate name,

level, test center code, room/section, and test center

address. Candidates should carefully examine their

tickets and notify AIMR immediately by phone, fax, or e-

mail of any problems. Candidates will not be permitted

entry to the testing room without a ticket and valid

identification.

Before the Examination

AIMR recommends that you visit your test center

prior to examination day to become familiar with

traffic patterns, parking availability, and public

transportation options or constraints.

Calculator Policy

Candidates are permitted to use only two models of

business calculator during the examination: either the

Texas Instruments BAII Plus or the Hewlett-Packard 12C .

You are encouraged to purchase and practice with one

of these calculators. If you wish to bring a back-up

calculator with you to the examination, it must be one

of these two models.

Both calculators are available through retail.

Purchasing information can be found on the Internet

as follows:

Texas Instruments www.education.ti.com/

Hewlett-Packard www.shopping.hp.com/

Prior to entering the testing room, all programmable

calculator memory must be cleared. Proctors are

instructed to confiscate unauthorized calculators.

Test Center Regulations

Test center supervisors and proctors enforce a number

of test center regulations to ensure that all candidates

are provided with an appropriate testing environment.

These regulations include:

• Identification. Proctors will deny admission to

anyone who does not present an acceptable form of

identification. To be considered acceptable, the

identification must be current and valid, must

contain your photo, must be issued by a government

agency and must be a single document . There are no

exceptions to this policy. AIMR’s preferred form of

identification is a valid passport.




8 Save mailing time and costs by using Online Candidate Registration at www.aimr.o

notes from the testing room; taking part in an act

impersonation or other forms of cheating; failing

follow the directions of testing personnel; using boo

unapproved calculators, headsets, rulers, listen

devices, paging devices (beepers), cellular phon

recording or photographic devices, papers of any kin

or other aids; or failure to follow AIMR’s conditio

requirements, policies or procedures—you may dismissed from the test center and may be subject

other penalties for misconduct, including voiding

examination results and suspension or termination

your candidacy in the CFA Program.

Candidates are “covered persons” under AIMR Byla

and the Rules of Procedure for Proceedings Related

Professional Conduct (Rules of Procedure). Therefo

any proceeding/investigation of a candidate’s alleg

misconduct is considered a professional conduct mat

and conducted pursuant to the Rules of Procedure. T

Rules of Procedure can be found on the AIMR Web s

or by calling Information Central at the number

page one.

Liability for Personal Articles

The following items ARE NOT PERMITTED in

testing room. AIMR recommends that you leave su

items at home or in your car.

• Baggage of any kind such as backpacks, handbatote bags, briefcases, or luggage

• Study materials including notes, papers, textboo

study guides, scratch paper, present/future va

tables, or calculator manuals

• Cellular telephones, pagers, headsets, compute

electronic organizers, personal data assistants, or a

other remote communication or photographic devic

The following items may be carried into the test

room in your pockets or in transparent bags. You muse more than one transparent bag, if need

Transparent bags must be placed under your ch

and may be accessed during the examination.

• Examination Admission Ticket

• Current government-issued photo identification

• Approved calculator(s), including calculator case(

• Pledge. Candidates will be required to sign a pledge

that they have not given or received assistance

during the examination.

• Time. Proctors will keep the official time and will

tell candidates when to start and stop work on each

separately timed session. Candidates may take

noiseless watches to the test center. Watches with

engaged audible alarms or timers are not permitted.

• Testing personnel. Testing personnel will circulate

throughout the testing room to ensure that

candidates are adhering to the conditions,

requirements, policies, and procedures for taking

the CFA examination.

• Recording answers. All multiple choice and item

set answers must be recorded on your answer sheet

using a number two, or HB, pencil. All essay

answers for Levels II and III must be recorded in

English on the correct answer pages using blue or

black ink. Answers recorded on the question pages

will not be scored.

• Scratch paper. Scratch paper is not permitted. You

are permitted to do scratch work in two places in the

examination book: on the question pages or on the

extra pages in the back of the essay book.

• Rule Violations. Testing personnel will report to

AIMR any violation of AIMR testing rules orpolicies that occurs during the examination.

• Examination materials. All examination materials,

including examination books and answer sheets, are

the property of AIMR and must be returned to AIMR

by testing personnel after every administration.

Candidates may not remove any materials from the

testing room. If you do not return your examination

book and answer sheet before you leave the testing

room, your examination will not be graded. Legal

action may be taken against any candidate who

removes an examination book and/or reproduces it.

Misconduct

If you engage in any misconduct during the

examination—such as creating a disturbance; giving

or receiving help; working on or reading the

examination during a time not authorized by the

testing personnel; removing examination materials or



AIMR is registered with the National

Association of State Boards of Accountancy (NASBA), as a sponsor of

continuing professional education on

the National Registry of CPE

Sponsors. State boards of accountancy

have final authority on the acceptance of individual

courses for CPE credit. Complaints regarding registered

sponsors may be addressed to the National Registry of

CPE Sponsors, 150 Fourth Avenue North, Suite 700,

Nashville, TN 37219-2417 USA. NASBA phone number:

615.880.4200. Web site: www.nasba.org

• Writing instruments (pencils for Level I, pens and

pencils for Levels II and III)

• Wallet (money purse)

• Erasers, calculator batteries, pencil sharpeners,

eyeglasses, earplugs

• Medicine, tissues, and other medically necessary or

personal items

• Food and drinks (containers cannot be opened in

the testing room and all food and drinks must be

consumed outside of the testing room)

Testing personnel may request to inspect your bag(s)

at check-in to ensure that prohibited items are not

carried into the testing room. Please comply with all

such requests. If testing personnel find items that are

not permitted in the testing room, you will be

required to place them in a designated area away from

the testing room during the examination.

Neither AIMR nor the test center, testing personnel,

or vendors will assume responsibility or liability for

lost, stolen or damaged personal property.

Testing Concerns

AIMR has an online Comment Center for candidates,

located in the Candidate Services Section of the AIMR

Web site. After taking the examination, candidates maygo to the Center for either of the following:

• If you believe that an examination question

contained an error, please submit the information via

the Examination Content link within five days of the

examination. Your submission will be acknowledged

but you will not receive an individual response to

your submission.

• If you have comments about your test center,

please submit them via the Examination Administration link within 30 days of the

examination. AIMR will respond to your

comments within 60 days of receipt.

The Comment Center is the ONLY way for candidates

to convey examination-related comments to AIMR after

the examination. Mail, fax, or e-mail submissions cannot

be guaranteed consideration.

Reservation of Right to Cancel Examination

AIMR may determine to change the date, time, or

conditions of the administration of the examination or

cancel the administration of the examination, either

entirely or at a particular test center or centers, if

AIMR, in its sole discretion, determines that any such

action is needed to protect the integrity of the CFA

Program or because administration of the examination

is hindered by any cause that could not be reasonably

prevented by AIMR, including acts of God, such as

fire, flood, earthquake, storm, or other natural disaster;

a public enemy, or a military authority.

Policy Changes

AIMR may change its conditions, requirements,

policies, and procedures governing the CFA Program

and AIMR membership from time to time.

Candidates and members are required to adhere to the

revised conditions, requirements, policies, and

procedures which will be published in various AIMR

publications including the CFA Candidate Bulletins,

AIMR newsletters, AIMR Bylaws, and on AIMR’s

Web site at www.aimr.org.




For your records, enter the date your Registration &

Enrollment Form was mailed:

DAY MONTH YEAR

Your overnight carrier: _______________________________________

(if chosen for sending the form to AIMR)

Tracking number: ____________________________________________

Registration &Enrollment Package

CANDIDATE CHECKLIST

Before mailing your Registration & Enrollment Form,please make sure that you:

Complete all sections on both sides of the form.(There are a total of eleven sections).Sign and date the form (Section 11 located on the back of the form).

Enclose payment for the correct amount.

Enclose your current business card if you have one. (Pleasedo not staple or tape the card to your form.)

Write your candidate number on the Registration &Enrollment Form in the spaces provided (do this if youhave previously registered for the examination and havebeen assigned a candidate number).

Keep a copy of your Registration & Enrollment Form for your records.

Consider using an overnight carrier so that yourRegistration & Enrollment Form can be tracked if it is notreceived by AIMR.

Keep this booklet for future reference.



COMPLETE

SECTIONS 8–11

REMEM

2004

THIS FORM IS FOR THE JUNE 2004 EXAMINATION ONLY

MONTH YEAR

MONTH YEAR

MONTH YEAR

1 EXAM INFORMATION You MUST select a test center. If you check Special Test Center, write in the Special Test Center

(see following page for codes) TEST CENTER CODE name of the city. For disability accommodations, Disability Accommodationsget forms and instructions on AIMR Web site. Religious Alternative Date

2 PERSONAL INFORMATIONCHECK ONE

National Identification Number (check one box below) Country of

CHECK ONE Mr. Miss MaleResidence Code

Ms. Mrs. Dr. Female U.S. Social Security No. Canadian Social Insurance No. Other Countries (see page 6 for codesFIRST (GIVEN) NAME MIDDLE NAME OR INITIAL LAST NAME (SURNAME) SUFFIX

3 MAILING INFORMATION: Some carriers will not deliver to Post Office boxes. Preferred Communication To:* Examination Results To:

Providing a business address is highly encouraged as a preferred address. Home Business Home Business

HOME STREET ADDRESS APARTMENT NUMBER POST OFFICE BOX NUMBER

CITY STATE/PROVINCE COUNTRY ZIP+4/POSTAL CODE

HOME TELEPHONE HOME FAX

COUNTRY CODE AREA/CITY CODE LOCAL NUMBER COUNTRY CODE AREA/CITY CODE LOCAL NUMBER

E-MAIL

BUSINESS NAME CHECK HERE IF YOU ARE SELF-EMPLOYED

BUSINESS STREET ADDRESS SUITE/FLOOR POST OFFICE BOX NUMBER

CITY STATE/PROVINCE COUNTRY ZIP+4/POSTAL CODE

BUSINESS TELEPHONE BUSINESS FAX

COUNTRY CODE AREA/CITY CODE LOCAL NUMBER COUNTRY CODE AREA/CITY CODE LOCAL NUMBER

E-MAIL

4 EDUCATION (indicate only highest degree received) 5 BIRTH DATE (enter the day, month, year) 19

All Applicants Must Select One of These Statements: (CHECK ONLY ONE) Transcripts are not required, but random checks may be made.

My completed college/university degree is a U.S. bachelor’s degree or higher (or comparable non-U.S. degree).

Date Highest College/University Degree Received: Name of College/University:

I am a student and will receive my U.S. bachelor’s degree (or comparable non-U.S. degree) by 31 December 2004.

I expect to receive my degree:Number of full-time College/University Years Completed:

(Date must be 31 December 2004 or before)

I have no degree, but I have a combination of at least four years of college/university and professional work experience or a total of at least four years of professional work experienc

Number of full-time College/University Years Completed:

If you do not have a degree, you must attach a detailed description of all current and previous full-time professional employment, including employment dates (month/year).

Summer, part-time, and internship positions do not qualify.

6 PROFESSIONAL INFORMATION INDUSTRY CLASSIFICATION: TITLE AND OCCUPATION: INDUSTRY SPECIALTY: (see page 6 for cod

7 PAYMENT METHOD (US Dollars) AIMR only accepts Visa, MasterCard, American Express, Diners Club, and JCB.

Make check or money order payable to AIMR. AIMR does not accept Discover or debit cards. AIMR does not invoice for payments.

Paid by Applicant’s Business – Check No. Name as it appears on card:

Paid by Applicant – Check No.

Card Number: Expiration Date

SIGNATURE X

The above information must be completed correctly in order to process.

*While AIMR uses reasonable efforts to communicate with you at your preferred address, at times we may need to send materials to your secondary address.

J U N E

EXAMINATION DATE

CFA ® PROGRAM REGISTRATION &

ENROLLMENT FORM

(New candidates and returning Level I & II candidate

DAY MONTH YEAR

Name of College/University:

OPTIONALREQUESTS:

*PRINT LEGIBLY OR TYPEEnter your candidate number(previously registered candidates only)



10

11

8 PROFESSIONAL CONDUCT INQUIRY

Please answer the following eight questions by marking theappropriate boxes. Failure to answer all eight questions or to sign theCandidate Responsibility Statement may result in cancellation.

A. Expulsion or Suspension: Within the last five years, have you been,or are you currently, expelled or suspended from membership orparticipation in, or barred or suspended from being associated with

an investment advisor, broker, dealer, bank, municipal securitiesdealer, government securities broker or dealer, a self-regulatoryorganization, an exchange, contract market, futures association, orequivalent entity or organization of any of the foregoing, or have youbeen denied trading privileges on any securities or contract market?

Yes No

B. Caused Suspension, Expulsion, or Order: Within the last five years,have you by your conduct while associated with any of the entitiesdescribed in #A above, been found to be a cause of any expulsion,suspension, or order of the character described in #A above?

Yes No

C. Convictions: Have you ever been convicted of (a) any felony orcrime punishable by more than one year in prison or (b) amisdemeanor involving moral turpitude (lying, cheating, stealing, orother dishonest conduct) or any substantially equivalent crime in any

court of law? If yes, provide the date of conviction, whether convictionwas for a felony (or equivalent) or misdemeanor, and description of the conduct for which you were convicted. Yes No

D. Injunctions: Within the last five years, have you been prevented byany government, self-regulatory organization, contract market,exchange, futures association, or equivalent entity or organizationfrom: (a) acting as an investment advisor, underwriter, broker, dealer,banker, municipal securities dealer, government securities broker ordealer, transfer agent, or person required to be registered under anylaw or regulation; (b) acting as an affiliated person or employee of anyinvestment company, bank, insurance company, or similar entityrequired to be registered under any law or regulation; or (c) engagingor continuing any conduct or practice in connection with any suchactivity or in connection with the purchase or sale of a security?

Yes No

E. Assisting in Violation: Within the last five years, have you been

found by any court, regulatory or self-regulatory agency, contractmarket, exchange, futures association, or equivalent entity ororganization to have violated or aided, abetted, counseled, commanded,induced, or procured the violation by any person of any securities- orcommodities-related law or regulation or any rule adopted pursuant tothose laws or regulations? Yes No

F. Litigation or Arbitration: Within the past five years, have you been adefendant or respondent in any securities- or commodities-related civillitigation or arbitration in which your professional conduct, in either adirect or supervisory capacity, was at issue, which has been disposed of by

judgment, award, or settlement for any amount exceeding US$20,000? Yes No

G. Damage Claims: Within the past five years, have you been thesubject of any claim for damages by a customer, broker, or dealer thatwas settled for an amount exceeding US$20,000? Yes No

H. Monetary Fine: Within the past five years, have you been the subjectof any disciplinary action taken by a self-regulatory organization againstany member of, or person associated with, such self-regulatoryorganization involving suspension, termination, the withholding of commissions or imposition of fines in excess of US$20,000, or any othersignificant limitation of activities? Yes No

9

11

SIGNATURE X

PRINT NAME DATE

CANDIDATE PROFESSIONAL CONDUCT STATEMENT

(to be completed only by previously registered candidates)

Please answer Questions A and B by marking one of the appropriateboxes. You must mark an affirmative response if either one of thequestions applies. Any matter described in Questions A and B must bedisclosed, even if the matter is still pending.

Since becoming a candidate in the CFA Study and Examination Program

have you been: A. The subject of, a defendant to, or respondent in any investigationcivil litigation, arbitration, or other action or proceeding in which yourprofessional conduct, in either a direct or supervisory capacity, was atissue, or

B. The subject of a written complaint regarding your professionaconduct in either a direct or supervisory capacity?

No Yes, matter currently under investigation by AIMR Yes, not previously disclosed to AIMR Yes, matter previously investigated by AIMR; review concluded

CANDIDATE RESPONSIBILITY STATEMENT

I understand, accept, and agree to comply with all conditions

requirements, policies and procedures for the CFA Program establishedby the Association for Investment Management and Research, and asamended from time to time. I understand that such conditionsrequirements, policies and procedures include all material set forth inthe CFA Registration and Enrollment Package for this year’examination as well as AIMR and its subsidiary organization’s Articles oIncorporation and Bylaws, Code of Ethics, Standards of ProfessionaConduct, Rules of Procedure for Proceedings Related to ProfessionalConduct and other conditions, requirements, procedures and policieswhich may be established and amended from time to time, informationabout which is available by contacting AIMR at 800-247-8132 or 434-951-5499 or on AIMR’s Web site. I understand that AIMR has theauthority to enforce its conditions, requirements, policies andprocedures against me and may reject, suspend, or terminate mycandidacy at any time or decline to award me the right to use the CFAdesignation for my failure to satisfactorily meet any such conditionsrequirements, policy and procedures.

I understand that all registration and enrollment fees are non-refundableand non-transferrable.

I understand that any dispute arising from AIMR’s conditionsrequirements, policies and procedures shall be governed in all respectby the law of the Commonwealth of Virginia. The exclusive forum forany such disputes shall be the state and federal courts located in theCommonwealth of Virginia.

I represent that the information contained in my application, includingmy response to the Professional Conduct Inquiry and CandidateProfessional Conduct Statement, is truthful and complete, and I agreeto notify AIMR of any material changes to my responses to any of thequestions on this form including my current address(es).

USE OF CONTACT INFORMATION

Do not release my personal information to:Member Societies and Member ChaptersCFA examination preparatory course providersOthers that offer financially related services and productsRegulatory authorities for the purpose of obtaining exemption from

various regulatory examinations

PLEASE REVIEW THIS FORM TO MAKE SURE ALL INFORMATION IS COMPLETE AND RETAIN A COPY FOR YOUR RECORDS.

Enter your candidate number (previously registered candidates only).



Save mailing time and costs by using Online Candidate Registration at www.aimr.org

FEE SCHEDULE

Registration & Enrollment Fees

Applicants pay an initial registration fee upon entering the CFA Program. In addition to the initial

registration fee, applicants are required to pay an enrollment fee for each examination. New registrants

pay both the registration and enrollment fees. Returning candidates pay only the enrollment fee.

To avoid bank charges, international applicants may wish to pay their fees by credit card or

money order rather than by check. Only Visa, MasterCard, American Express, Diners Club,and JCB may be used. AIMR does not accept Discover, debit cards, or other cards, and does

not invoice for payment.

AIMR POLICY ON REFUNDS

All registration and enrollment fees are non-

refundable with the exception of incomplete

applications as noted on page 3. Candidates may

not carry forward (defer) enrollment fees. In

addition, registration or enrollment fees may not

be transferred from one applicant/candidate to

another applicant/candidate.

2004 REGISTRATION AND ENROLLMENT FEE SCHEDULE AND FORM for June Examination Dates

Failure to pay correct amount will result in cancellation of application.PAYABLE IN US FUNDS

Received by AIMR Received by AIMR Received by AIMR

on or before on or before on or before

15 September 2003 15 December 2003 15 March 2004

Registration US$250 US$375 US$450

(first time candidates only)Enrollment 350 425 650

(all candidates)

Total fee US$600 US$800 US$1,100

Applicationand payment must be

eceived by Midnight ESTon the dates

indicated

CENTRAL & SOUTH AMERICA/

THE CARIBBEAN/BERMUDABarbados, West Indies . . BARBuenos Aires, Argentina BUECaracas, Venezuela . . . . . CARCayman Islands, BWI . . CAYHamilton, Bermuda . . . . HAMKingston, Jamaica . . . . . KINLima, Peru . . . . . . . . . . . LIMMexico City, Mexico . . . MEXNassau, Bahamas . . . . . . NASPanama City, Panama . . PANPort-of-Spain, Trinidad . PSPSan Juan, Puerto Rico . . SNJSantiago, Chile . . . . . . . . STGSao Paulo, Brazil . . . . . . SPB

EUROPEAmsterdam,

the Netherlands . . . . AMS

Athens, Greece . . . . . . . ATHBaku, Azerbaijan . . . . . . . BAZBilbao, Spain . . . . . . . . . BILBucharest, Romania . . . . BUCBudapest, Hungary . . . . BUDBrussels, Belgium . . . . . BRUCopenhagen, Denmark . COPDublin, Ireland . . . . . . . DUBEdinburgh, Scotland . . . EDNFrankfurt, Germany . . . GERGeneva, Switzerland . . . GENHelsinki, Finland . . . . . HEFIstanbul, Turkey . . . . . . ISTKiev, Ukraine . . . . . . . . . UKRLisbon, Portugal . . . . . . LISLondon, England . . . . . LONLuxembourg . . . . . . . . . . LUXMadrid, Spain . . . . . . . . . MAS

2004 JUNE TEST CENTERS

Please select a test center from the list below and write the corresponding code in the spaces provided in Section 1 of the Registration & Enrollment

Form. Test centers are located in, or within reasonable travel distance of, these cities. AIMR will make every effort to place candidates in the test center

selected, however, space considerations may require placement at an alternate site. Final test center confirmation will be the examination admission

ticket. The examination will be given on Sunday, 6 June, at test centers noted by an asterisk (*).

Malta . . . . . . . . . . . . . . . . MAL

Milan, Italy . . . . . . . . . . . MITMoscow, Russia . . . . . . . MOSMunich, Germany . . . . . MUNNicosia, Cyprus . . . . . . . NICParis, France . . . . . . . . . . PARPrague, Czech Republic PRGReykjavik, Iceland . . . . . ICERiga, Latvia . . . . . . . . . . RIGSkopje, Macedonia . . . . SKPSofia, Bulgaria . . . . . . . . SOFStockholm, Sweden . . . . STOVienna, Austria . . . . . . . . VNAVilnius, Lithuania . . . . . VILWarsaw, Poland . . . . . . . WARZagreb, Croatia . . . . . . . CROZurich, Switzerland . . . . ZUR

ASIA/OCEANIA*Almaty, Kazakhstan . . . . ALM

*Auckland, New Zealand AUK*Bangkok, Thailand . . . . BAK*Beijing, PRC . . . . . . . . . BJG*Colombo, Sri Lanka . . . SRI*Dhaka, Bangladesh . . . . DHK*Guangzhou, PRC . . . . . . GHZ*Ho Chi Minh City, Vietnam HCM*Hong Kong . . . . . . . . . . . HNK*Jakarta, Indonesia . . . . . JAK*Karachi, Pakistan . . . . . . KAR*Kuala Lumpur, Malaysia KUL*Lahore, Pakistan . . . . . . LAH*Manila, the Philippines . MLA*Melbourne, Australia . . . MEL*Mumbai, India . . . . . . . . BOM*New Delhi, India . . . . . NDL*Perth, Australia . . . . . . . . PER*Seoul, Korea . . . . . . . . . . SEO

*Shanghai, PRC . . . . . . . . SHG

*Singapore . . . . . . . . . . . . SNG*Sydney, Australia . . . . . . SYD*Taipei, ROC . . . . . . . . . . TAI*Tokyo, Japan . . . . . . . . . TOK*Wellington, New Zealand . WEL

UNITED STATESAlbuquerque, NM . . . . . ALBAnchorage, AK . . . . . . . . ANCAtlanta, GA . . . . . . . . . . . ATLAustin, TX . . . . . . . . . . . AUSBaltimore, MD . . . . . . . . BALBirmingham, AL . . . . . . BIRBoise, ID . . . . . . . . . . . . . BOIBoston, MA . . . . . . . . . . BOSBuffalo, NY . . . . . . . . . . BUFCharlotte, NC . . . . . . . . CHLChattanooga, TN . . . . . . CHAChicago, IL . . . . . . . . . . CHI

Cincinnati, OH . . . . . . . CINCleveland, OH . . . . . . . . CLEColumbia, SC . . . . . . . . . CSCColumbus, OH . . . . . . . . COLDallas, TX . . . . . . . . . . . DALDenver, CO . . . . . . . . . . DENDes Moines, IA . . . . . . . DESDetroit, MI . . . . . . . . . . . DETGrand Rapids, MI . . . . . GRMHartford, CT . . . . . . . . . HARHelena, MT . . . . . . . . . . HELHonolulu, HI . . . . . . . . . HNLHouston, TX . . . . . . . . . HOUIndianapolis, IN . . . . . . . IND

Jackson, MS . . . . . . . . . . JAC Jacksonville, FL . . . . . . . JAX Juneau, AK . . . . . . . . . . . JUNKansas City, MO . . . . . . KC

AFRICA/MIDDLE EAST

Abu Dhabi, UAE . . . . . . ABDAccra, Ghana . . . . . . . . . GHNAmman, Jordan . . . . . . . AMNBeirut, Lebanon . . . . . . . BEICairo, Egypt . . . . . . . . . . CAICape Town, So. Africa . CAPHarare, Zimbabwe . . . . . ZIM

Jeddah, Saudi Arabia. . . . JED Johannesburg, So. Africa JOHManama, Bahrain . . . . . . MANMuscat, Oman . . . . . . . . MUSNairobi, Kenya . . . . . . . . NAIPort Louis, Mauritius . . MAURiyadh, Saudi Arabia . . . RYDSafat, Kuwait . . . . . . . . . KUW

*Tel Aviv, Israel . . . . . . . . ISRT

CANADACalgary, AB . . . . . . . . . . . CAL

Edmonton, AB . . . . . . . . EDMFredericton, NB . . . . . . . NBFHalifax, NS . . . . . . . . . . . HALKelowna, BC . . . . . . . . . . KELLondon, ON . . . . . . . . . . .LNDMontreal, PQ . . . . . . . . . MONOttawa, ON . . . . . . . . . . OTAQuebec, PQ . . . . . . . . . . QUERegina, SK . . . . . . . . . . . REGSt. Johns, NF . . . . . . . . . STJToronto, ON . . . . . . . . . . TORVancouver, BC . . . . . . . . VANWinnipeg, MB . . . . . . . . WINYellowknife, NT . . . . . . YKF

Las Vegas, NV . . . . . . . . . LAS

Little Rock, AR . . . . . . . LRKLos Angeles, CA . . . . . . LOSLouisville, KY . . . . . . . . LOUMadison, WI . . . . . . . . . . MADMemphis, TN . . . . . . . . MEMMiami, FL . . . . . . . . . . . MIAMilwaukee, WI . . . . . . . MILMinneapolis, MN . . . . . MINMontpelier, VT . . . . . . . MOPNaples, FL . . . . . . . . . . . NAPNashville, TN . . . . . . . . NSHNew Orleans, LA . . . . . . NORNew York Metro Area:

Long Island . . . . . . . . NYLNew York City . . . . . . NYCNorthern New Jersey NYJWestchester County . NYW

Omaha, NE . . . . . . . . . . OMAPhiladelphia, PA . . . . . . PHL

Phoenix, AZ . . . . . . . . . . PHXPittsburgh, PA . . . . . . . . PITPortland, ME . . . . . . . . . POMPortland, OR . . . . . . . . . PORProvidence, RI . . . . . . . . PRORichmond, VA . . . . . . . . RICRochester, NY . . . . . . . . ROCSacramento, CA . . . . . . . SACSalt Lake City, UT . . . . SLCSan Antonio, TX . . . . . . SANSan Diego, CA . . . . . . . . SDSan Francisco, CA . . . . . SFSeattle, WA . . . . . . . . . . . SEASpokane, WA . . . . . . . . . . SPOSt. Louis, MO . . . . . . . . STLTampa, FL . . . . . . . . . . . TAMWashington, DC . . . . . . WASWilmington, DE . . . . . . WIL



DATES REGARDING THE JUNE 2004 CFA EXAMINATION

15 September 2003 Initial deadline for new registrations and enrollments to be received by AIMR

September Study Guides available and mailed to applicants

October Textbooks available for purchase from book distributor

November Past years’ essay examination questions/guideline answers for Level II and Level III

available from book distributor

15 December Second deadline for new registrations and enrollments to be received by AIMR

15 March 2004 Final deadline for new registrations and enrollments to be received by AIMR

15 March Final deadline for special test center requests, disability accommodation requests,

and requests for religious alternative dates to be received by AIMR

31 March All test center change requests must be received by AIMR

April Examination Admission tickets distributed

5 June 2004 Examination Day

6 June 2004 Examination Day in Eastern Asia and Oceania

June-July Examination papers graded

Late July Examination results distributed to Level I candidates

Mid-August Examination results distributed to Level II and III candidates

September CFA charterholders announced for year 2004

THIS FORM BOOKLET PERTAINS TO THE JUNE 2004 EXAMINATION ONLY.

2004 J U N E

EXAMINATION DATES

CFA ® PROGRAM REGISTRATION &

ENROLLMENT FORM

(New candidates and returning Level I & II candidates)

cfa 2004 registration

Documents