Nigel Taylor, a longtime CFP activist called a "watchdog" for his efforts a decade ago to protect the integrity of the CFP designation, has dropped his CFP certification.

Taylor says he made the move to protest the CFP Board's leadership. Shortly thereafter, the board halted an investigation over an alleged compensation disclosure violation -- similar to one involving two Florida planners, Jeffrey and Kimberly Camarda, who are suing the board -- according to a letter to Taylor from one of the board's lawyers that was shared with Financial Planning.

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