A high court in India has ordered the Institute of Chartered Financial Analysts of India to stop using its name by the end of the association’s current semester as it infringes on the rights of the CFA Institute and related entities using the CFA designation. “There is tremendous demand in India to earn the globally recognized CFA charter as our investment professionals are increasingly sought-after worldwide, said Sunil Singhania, president of CFA affiliate Indian Association of Investment Professionals. The ruling by the Delhi High Court does not end the nine-year battle, as ICFAI reportedly will appeal the ruling.
