Education Times, The Times of India, Mumbai – March 29, 2007 FOLLOWING AN ORDER BY THE GUWAHATI HIGH COURT (AGARTALA BENCH) DATED MARCH 12, 2007, THE ALL INDIA COUNCIL FOR TECHNICAL EDUCATION (AICTE) HAS SENT A ’SHOW CAUSE’ NOTICE TO THE CHARTERED FINANCIAL ANALYSTS (CFA) INSTITUTE. ACCORDING TO AICTE, THE CFA FLOUTED ITS REGULATIONS FOR ENTRY AND OPERATION OF FOREIGN UNIVERSITIES/INSTITUTIONS BY FAILING TO SEEK AICTE APPROVAL FOR ESTABLISHING/OPERATING EDUCATIONAL COURSES IN INDIA. THE US HEADQUARTERED CFA INSTITUTE IS EXPECTED TO RESPOND TO THE NOTIFICATION BY APRIL 6, 2007. |