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Financial Planning Coalition Statement on Committee Approval of Mary Jo White to be SEC Chairman

Mar 19, 2013
Financial Planning Coalition
The Financial Planning Coalition issued the following statement after the Senate Banking Committee’s approval of Mary Jo White to be Chairman of the Securities and Exchange Commission (SEC):

“In light of her vow to make the American people her ‘client,’ Ms. White’s appointment would reaffirm the government’s commitment to greater investor protection at an especially critical time. The Financial Planning Coalition looks forward to Ms. White’s confirmation by the full Senate in the coming days and to working with her as the SEC examines a uniform fiduciary standard, in particular, and addresses the need for more frequent investment adviser examinations.”


About the Financial Planning Coalition

The Financial Planning Coalition, a group representing nearly 75,000 stakeholders, is a collaboration of Certified Financial Planner Board of Standards, Inc. (CFP Board), the Financial Planning Association® (FPA®), and the National Association of Personal Financial Advisors (NAPFA) formed to advise legislators and regulators on how to best protect consumers by ensuring financial planning services are delivered with fiduciary accountability and transparency. To learn more, please visit www.FinancialPlanningCoalition.com.
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CFP Board’s leadership and representatives are available for interviews and speaking engagements on personal finance, the financial planning profession, CFP Board and the CFP® designation.

Did You Know?

Among clients who work with an advisor, 87% of those working with a CFP® professional are satisfied or very satisfied, compared with 72% of those who work with an advisor without certification.
Anyone can call himself a “financial planner.” Only professionals who meet CFP Board’s rigorous standards can call themselves CERTIFIED FINANCIAL PLANNER™ professionals.
The 2013 Household Financial Planning Survey shows that those with a financial plan feel more confident and report more success managing money, savings and investments than those without a plan.
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