Former CFP Board Chairman Alan Goldfarb was the first CFP holder ever to be publicly sanctioned for a compensation disclosure violation, the board has confirmed – despite its assertion that he was not treated differently than other CFP holders.

The board opened an investigation into its former chairman last fall because he had stipulated that his planning practice was fee-only. The board began to investigate him and two other volunteer members of its disciplinary and ethics commission as a result of another similar investigation of two planners, Jeffrey and Kimberly Camarda, of Fleming Island, Fla., according to several current and former members of the disciplinary panel.

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