The organization that grants the primary financial planning credential has added muscle to its enforcement arm.

Last Monday, Rex Staples became the first director of investigations at the Certified Financial Planner Board of Standards Inc. He will oversee a burgeoning agenda.

Creation of the position reflects the growth in the number of CFP[® professional] designation holders, a group that has increased by 20% in the past five years to about 65,000 in the United States, and the heightened need to enforce the certification's code of ethics, said Kevin Keller, the CFP Board's chief executive. Read more >

Investment News
Mark Schoeff Jr.
April 15, 2012