Wall Street – The Chartered Financial Analyst (“CFA”) institute has changed their rules, yet again. According to new rule documents established in the beginning of April, if a candidate fails any level of the exam, they will be forced to officially change their last name to â€˜Loser’. “We were sick of having all of these candidates fail the CFA exam,” an unnamed administrator from the CFA Institute stated. “We decided to enforce a rule where if a candidate fails any level an exam, they will be forced to change their last name to Loser.” The CFA institute believes the new rule will result in less â€˜losers’ and more winners. “People don’t like being labeled a loser. Our new rule should incentivize people to pass the exam.” The new rule will be enforced for all up and coming exams from here on out.