Tr?id=566623520170033&ev=PageView&noscript=1

CFP Board Suspends Oklahoma Planner Gregory Womack

Posted on November 17th, 2022 at 1:20 PM
CFP Board Suspends Oklahoma Planner Gregory Womack

From the Desk of Jim Eccleston at Eccleston Law.

The Certified Financial Planner Board of Standards (CFP Board) has issued an interim suspension to Gregory Womack, who operates Womack Investment Advisors in Edmond, Oklahoma.

The Securities and Exchange Commission (SEC) filed charges in August against Womack, who agreed to a settlement after he allegedly engaged in fraud related to the sale of unregistered securities of interests in conservation easement investments. Womack agreed to pay disgorgement of $236,739 in addition to a civil penalty of $145,030 as part of the settlement.

Furthermore, the SEC found Womack’s firm liable for disgorgement of $160,000 and a civil penalty of $517,955. Womack loses his right to use the CFP mark as a result of the CFP Board’s interim suspension, pending a completed investigation and potential further disciplinary proceedings.

Eccleston Law LLC represents investors and financial advisors nationwide in securities, employment, regulatory and disciplinary matters.

Tags: eccleston, eccleston law, sec, cfp

Return to Archive

TESTIMONIALS

Previous
Next
Quotes Bigger

The work that you and your team have performed on my behalf is exemplary.

JT

LATEST NEWS AND ARTICLES

1777047237 Law
April 24, 2026
Geopolitical Tensions Prompt Wealth Advisors to Rethink Dubai Strategies

Recent geopolitical developments have forced wealth advisors to reassess client exposure to Dubai, a jurisdiction that has attracted significant ultra-high-net-worth capital over the past decade.

1776963542 Law
April 23, 2026
Advisor Recruiting Surges in 2025 as Industry Movement Reaches New Highs

Advisor movement across the wealth management industry accelerated sharply in 2025, with 11,172 experienced financial advisors changing firms, according to reporting by Wealth Management citing the latest Advisor Transition Report from Diamond Consultants.

1776796402 Law
April 21, 2026
DOL Proposal on Alternative Assets in 401(k)s Faces Cautious Reception

The U.S.