The Chartered Financial Analyst Program Level II Exam

In addition to completing other requirements, financial professionals must pass the CFA Program Level II Exam in order to become an official CFA chartholder. The second of three CFA Institute exams, the CFA Program Level II focuses primarily on asset valuation. Individuals taking the exam must apply the tools and concepts that they mastered at Level I in order to analyze and value investments. The CFA Institute also expects Level II candidates to have a comprehensive knowledge of capital market theory and industry and company analysis.

The CFA Program Level II Exam consists of 120 multiple-choice questions that cover material from 20 different vignettes (or “mini-cases”). After reading each vignette, which range from one to three pages in length, test takers must answer six questions.

The minimum passing score for the CFA Program Level II Exam varies from year to year. In 2016, test takers had to achieve a minimum score of 46 percent to pass.

About the Author:

Kevin Colvin
Jessica and Kevin Colvin

Kevin Colvin is an experienced New York City financial services professional who currently serves as a director in the global market sales and trading division of Cantor Fitzgerald. Before assuming this position in 2013, he was a vice president of debt capital markets for Cantor Fitzgerald. In addition to holding Series 7 and Series 63 securities licenses from FINRA, Kevin Colvin is a Chartered Financial Analyst (CFA) Level II candidate.

2017 SFIG Conference Attracted More than 6,700 Industry Professionals

SFIG strives to educate members and legislators, advocate for its members, and support a liquid securitization market. One of the ways it achieves its goals is through the annual SFIG Conference. During the three-day event, more than 6,700 industry participants attended the event and had an opportunity to listen to keynote speakers. These speakers included chairman of the NAHREP Foundation Gerald “Jerry” Ascencio, executive chairman of The Chertoff Group Michael Chertoff, and former Congressman Joe Scarborough. Those in attendance included accountants, underwriters, consultants, analysts, and regulators.

The conference also offered breakout sessions, networking opportunities, and welcoming receptions. Attendees had a chance to garner continuing legal education credits for the state of Nevada on behalf of the Information Management Network.

About the Author:

Kevin Colvin
Kevin Colvin with his wife, Jessica

Married to his wife Jessica, who is a buyer at Macy’s, Kevin Colvin works as the director of global market sales and trading for New York City’s Cantor Fitzgerald. To help him remain current with industry trends, Kevin Colvin attends trade shows and conferences, including the 2017 Structured Finance Industry Group (SFIG) conference, which occurred from February 26 through March 1 at the Aria Resort and Casino in Las Vegas, Nevada.