In May 2007, the Certified Financial Planner Board of Standards, Inc. (“CFP® Board”) announced the adoption of updated Standards of Professional Conduct. The Standards had an effective date of July 1, 2008 and have an enforcement date of January 1, 2009. One of the updates made by the CFP® Board is the requirement that CFP® [...]
Category Archives: CFP
The CFP Board’s Revised Standards of Professional Conduct Impose New Requirements on CFP® Certificants Who Provide Financial Planning
The Certified Financial Planner (“CFP”) Board of Standards, Inc. has issued updated Code of Ethics and Professional Responsibility and Rules of Conduct, which are scheduled to become effective July 1, 2008. With these updates, all CFP certificants will be held to a higher duty of care standard and will be required to place the interest [...]
