CFP Board Censures Improper CFP® Professional Conduct
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Public disciplinary actions taken by CFP Board, in order of increasing severity, include letters of admonition, suspensions and permanent revocations. The basis for each decision can be found in a Disciplinary Action Report below and on CFP Board's Web site. The public may check on an individual's disciplinary history and certification status with CFP Board at www.CFP.net/verify.
CFP Board's Standards of Professional Conduct, which includes the Code of Ethics and Professional Responsibility, Rules of Conduct and Financial Planning Practice Standards, sets forth the ethical standards for financial planners who hold the CFP® certification. CFP Board enforces its ethical standards by investigating incidents of alleged unethical behavior and following the procedures established in CFP Board's Disciplinary Rules and Procedures. In cases where violations are found, CFP Board may impose discipline ranging from a private censure or public letter of admonition to the suspension or revocation of the right to use the CFP® marks. The Disciplinary Rules and Procedures set forth a fair process for investigating matters and imposing discipline where necessary.
CFP Board's enforcement process is a critical consumer protection. CFP® professionals agree to abide by CFP Board's Standards of Professional Conduct, which sets forth their ethical responsibilities to the public, clients and employers. CFP® professionals agree to act fairly and diligently when providing clients with financial planning advice and services, putting the clients' interests first.
These actions result from final decisions of the
STATE |
NAME |
LOCATION |
DISCIPLINE |
|
|
|
Letter of Admonition |
|
|
Goodyear |
Revocation |
|
|
|
Letter of Admonition |
|
|
|
Suspension |
|
|
|
Revocation |
|
|
|
Revocation |
|
|
|
Revocation |
|
|
|
Revocation |
|
|
|
Revocation |
|
|
|
Letter of Admonition |
|
|
|
Suspension |
|
|
|
Revocation |
|
|
|
Letter of Admonition |
|
|
|
Revocation |
|
|
|
Revocation |
|
|
|
Revocation |
|
|
|
Suspension |
|
|
|
Suspension |
|
|
|
Suspension |
|
|
|
Letter of Admonition |
|
|
|
Revocation |
|
|
|
Suspension |
|
|
|
Revocation |
|
|
|
Revocation |
LETTERS OF ADMONITION
SUSPENSIONS
REVOCATION
ABOUT CFP BOARD
The mission of Certified Financial Planner Board of
SOURCE Certified Financial Planner Board of
Wordcount: | 5090 |
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