Under the new Rule Book, the CFA Program is now recognized as follows:

• For students, recent graduates and professionals pursuing a career as an investment professional, passing the Level I CFA® exam (or higher) is an alternative to the Canadian Securities Course for building knowledge while meeting basic regulatory licensing requirements. 

• In addition, the CFA® charter now meets IIROC’s proficiency requirements for registration categories in portfolio management, dealing with retail clients and for supervisory research analysts.