A former member of the CFP Boards disciplinary and ethics commission says the board punished her and the boards former Chairman Alan Goldfarb to avert the threat of a lawsuit from a pair of planners in Florida.
They sacrificed us, says Tina Florence of the dually registered firm Lane Florence in Folsom, Calif. I think they panicked at [the planners] allegation that they were being singled out and [the board] rushed to create the appearance that they were being tough on anyone found to be misrepresenting their fees.
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