The Financial Planning Association is Seeking to Protect the Rights of CFP Professionals Who Use the Term “Certified” in Their Titles

Posted on August 28th, 2018 at 4:53 PM
The Financial Planning Association is Seeking to Protect the Rights of CFP Professionals Who Use the Term “Certified” in Their Titles

From the Desk of Jim Eccleston at Eccleston Law LLC:

In an effort to preserve the designation for its planners, the Certified Financial Planner Broad of Standards is attempting to protect the title “certified” by joining the newly formed Professional Certification Coalition. The Professional Certified Coalition works to advance the interests of those who use or rely on professional certification.

Most recently, the Louisiana State Legislature tried to amend a bill that would have banned any organization from using the title “certified” for any individual members. Although this particular bill did not pass, other states, such as Missouri, are expected to follow Louisiana and try to enact similar legislation.

According to the CFP Board, the “certified” designation is significant for its own planners because they are required to complete extensive training, competency and experience requirements to have earned the title.

The attorneys of Eccleston Law LLC represent investors and advisors nationwide in securities and employment matters. The securities lawyers at Eccleston Law also practice a variety of other areas of practice for financial investors and advisors including Securities FraudCompliance ProtectionBreach of Fiduciary DutyFINRA Matters, and much more. Our attorneys draw on a combined experience of nearly 65 years in delivering the highest quality legal services. If you are in need of legal services, contact us to schedule a one-on-one consultation today.

Related Attorneys: James J. Eccleston

Tags: james eccleston, eccleston law, eccleston law llc, eccleston, cfp, professional certified coalition

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