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I heard that CFA Institute writes the exam questions based on what is, or is not, in the notes prepared by review course providers. Is that true?

April 26, 2017based CFA course exam heard Institute notes prepared review writes

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I heard that CFA Institute writes the exam questions based on what is, or is not, in the notes prepared by review course providers. Is that true?

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No. The exam development process begins long before any review course has published its notes. CFA Program question writers begin drafting exam questions in mid-July, and spend many months reviewing and fine-tuning the questions and guideline answers. Exam questions are finalized by early March so that copyediting and secure printing can take place in time to ship the exams around the world.