Professional Standards and Enforcement

For CFP® Professionals

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Professional Standards & Enforcement

CFP Board’s ethical standards and their enforcement are an important element of the public's trust and confidence in CFP® professionals.

Public Forums on New Code and Standards

CFP Board is hosting a series of public forums around the country, focused on educating CFP® professionals, firms, and the public on the new Code of Ethics and Standards of Conduct that takes effect October 1, 2019.  Learn more about the Public Forums

New Code of Ethics and Standards of Conduct, Effective Oct. 1, 2019


On March 29, 2018, CFP Board announced that its Board of Directors unanimously approved a new Code of Ethics and Standards of Conduct (“Code and Standards”), which sets forth the ethical standards for CFP® professionals. On November 27, 2018, CFP Board announced technical revisions to the Code and Standards that provide clarity to several sections of the document.  The new Code and Standards replaces CFP Board’s current Code of Ethics, Rules of Conduct, Financial Planning Practice Standards and Terminology, effective October 1, 2019.

Review the new Code and Standards


Current Standards of Professional Conduct, Effective through Sept. 30, 2019


CFP Board’s current Standards of Professional Conduct were adopted in May 2007, with an effective date of July 1, 2008 and an enforcement date of January 1, 2009. The new Code of Ethics and Standards of Conduct will replace the Code of Ethics, Rules of Conduct, Financial Planning Practice Standards and Terminology in the current Standards of Professional Conduct, effective October 1, 2019.

Review the current Standards and related compliance resources


Enforcement


Enforcement of the ethical standards for CFP® professionals is one of the key elements that distinguishes the CFP® certification from other financial credentials, and CFP Board is committed to maintaining a disciplinary process that is fair to the CFP® professionals whose conduct comes under scrutiny and one that is credible to the public. CFP Board’s ethical standards for CFP® professionals are actively enforced through an investigative and disciplinary process described in the Disciplinary Rules and Procedures and Appeal Rules and Procedures.

Learn about CFP Board’s Enforcement Processes

Request for Comments on Proposed Procedural Rules: CFP Board is accepting comments on proposed Procedural Rules during a public comment period that ends Tuesday, January 29, 2019.  The proposed Procedural Rules will consolidate and replace the existing Disciplinary Rules and Procedures and Appeal Rules and ProceduresLearn more >

Anonymous Case Histories


CFP Board publishes detailed summaries of actual cases heard by CFP Board’s Disciplinary and Ethics Commission, the body charged with hearing allegations of misconduct by CFP® professionals. These Anonymous Case Histories enable CFP® professionals and members of the public to identify specific types of activities that CFP Board deems to be contrary to its ethical standards, and they may also be useful to a CFP® professionals preparing to appear before the Disciplinary and Ethics Commission, given the precedent of past decisions.

Search the database of Anonymous Case Histories

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