The CFP Board extended a broad amnesty to hundreds of advisors who had been breaking its rules by calling themselves fee-only on the boards website. The surprise move prompted calls for the board to reconsider and possibly rescind recent sanctions of other CFP holders for similar transgressions.
By unilaterally changing thousands of its certificants profiles -- removing fee only, regardless of the circumstances, and inserting none provided it became temporarily impossible to definitively identify advisors based on their compensation.
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