Software Error to Blame for Some Brokers Who Failed Test
An AP newswire article, via Yahoo! News, reports that:
Almost 2,000 people trying to qualify as stockbrokers were flunked in last 14 months because of a software error in a test program, the NASD said Friday.
The private-sector regulatory group, formerly the National Association of Securities Dealers, is notifying 1,882 individuals — about 10 percent of those who failed — that they actually passed.
About 30 percent of people who take the test fail on average, said NASD spokeswoman Nancy Condon.
posted by Fergie @ 1/06/2006 03:29:00 PM
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