CFP Board

A task force will issue recommendations to shore up the disciplinary process ahead of the board's November meeting. Here’s what advisors need to know.

After an investigation into the self-disclosure of regulatory incidents, the board is looking to strengthen the review process and clear up public confusion.

Rather than learn from the mistakes exposed regarding false listings of advisors’ “fee-only” status, the board doubled down on looking the other way.

The certifying body says it will no longer rely on advisors’ reports and it is convening a new task force to modernize enforcement.

Advisors and their firms should be prepared for how they will respond to expanded fiduciary responsibilities under new standards.

The group cited "confusion" among certified planners sparked by passage of the SEC's less-strict Regulation Best Interest.

The suggestion comes amid opposition from brokerage firms to an expanded fiduciary obligation.

Should the board use 1% of its budget for its own oversight? A former board chairman responds to this proposal.

“We are not delaying and we are not changing the standard,” Chairwoman Susan John says of pressure to weaken the board’s tougher guidelines in line with the SEC’s Reg BI.

Unconflicted enforcement of the new code requires monetary investment from certificants.