The Securities and Exchange Commission (SEC) has recently decided to lower its legal standard of client care for registered investment advisors. However, as of October 1st, the CFP board will proceed with its more demanding standards for client care, which could strip thousands of advisors of their CFP licenses.
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.
The Certified Financial Planner Board has unanimously approved its new Code of Ethics and Standards of Conduct. The revision will expand significantly the fiduciary duty requirement imposed on all CFP professionals.
The Certified Financial Planner Board unanimously has approved its new Code of Ethics and Standards of Conduct. The revision will expand significantly the fiduciary duty requirement imposed on all CFP professionals.
The CFP Board has suspended Houston, Texas native, Lawrence A. DeShetler after the registered investment adviser failed to respond to a CFP show-cause order.
Eccleston Law LLC is proud to announce that Kim Chavers is now a Board Member of the FPA Suncoast Chapter.
The CFP Board has been busy handing out sanctions to almost a dozen advisors who were barred from the industry by FINRA. Among the allegations were “deceptive, fraudulent and manipulative devices and schemes” and converting, or taking, funds from a client’s estate and trust. The details of the censures recently were released by the board.
