The CFP Board announced today that it has shored up its rules and procedures regarding the Certified Financial Planner Board of Standards Inc. certification including more public disclosure for CFP® professionals who file bankruptcy.

"As part of our mission to benefit the public, we must continue to re-examine and improve upon the Certified Financial Planner Board of Standards certification and our processes to enforce its high standards," says Board of Directors chairman Alan Goldfarb, CFP®, in a statement. "The changes approved by the Board of Directors further support our mission and reinforce the CFP® certification's status as the standard for ethical and competent personal financial planning." Read more >

RIA Biz
Lisa Shidler
April 5, 2012