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22788 – Anonymous Case History
Decision: Granted Petition
Keyword(s): Bankruptcy
Matter Type(s): Client Dissatisfaction; Civil Court
Decision Date: 08/10/2009
Summary: Whether a candidate for CFP® certification could be certified when he filed for bankruptcy within five years prior to applying for certification.

22894 – Anonymous Case History
Decision: Granted Petition
Keyword(s): Professional Discipline; Fitness
Matter Type(s): Client Dissatisfaction; Other Professional Discipline; FINRA Arbitration
Decision Date: 08/10/2009
Summary: Whether a candidate for CFP® certification could be certified when she had been censured and subject to a two-week bar by the New York Stock Exchange more than 15 years prior to submitting an Initial Certification Application with CFP Board.

26166 – Anonymous Case History
Decision: Granted Petition
Keyword(s): Fitness
Matter Type(s): SEC Discipline; FINRA Discipline; Client Dissatisfaction
Decision Date: 03/19/2012
Summary: Whether a candidate for CFP® certification ("Respondent") could be certifed when he was the subject of a Securities and Exchange Commission ("SEC") cease and disist order, censure and civil penalty due to: 1) recommended that 17 brokerage customers (three of whom were also advisory clients) engaged in two rounds of "switchs" by misrepresenting to the customers that the customer would recover the surrender charges paid in the old annuities through bonuses received in the new annuities; and 2) Respondent's failure to adequately reflect liabilities on Respondent's broker-dealer's books and records causing a net capital deficiency.

26603 – Anonymous Case History
Decision: Granted Petition
Matter Type(s): Client Dissatisfaction
Decision Date: 03/27/2012
Summary: Whether a candidate for CFP® certification ("Respondent") could be certified when he was the subject of a 2006 Customer Complaint and a 2006 National Association of Securities Dealers ("NASD", now known as the Financial Industry Regulatory Authority, Inc. or "FINRA") Letter of Caution.

26837 – Anonymous Case History
Decision: Granted Petition
Keyword(s): Fitness; Diligence
Matter Type(s): Client Dissatisfaction; Civil Court
Decision Date: 12/01/2011
Summary: Whether a candidate for CFP® certification ("Respondent") could be certified when he was the subject of a 2009 customer complaint involving an error in a financial plan and erroneous advice regarding a variable annuity.

27450 – Anonymous Case History
Decision: Granted Petition
Matter Type(s): Other Professional Discipline; Client Dissatisfaction
Decision Date: 12/04/2012
Summary: Whether a candidate for CFP® certification (“Respondent”) could be certified when he recommended a variable annuity to his client when her income was limited to unemployment compensation that did not cover her monthly expenses according to the State’s February 2011 letter to Respondent’s attorney.

28017 – Anonymous Case History
Decision: Granted Petition
Keyword(s): Suitability
Matter Type(s): Client Dissatisfaction
Decision Date: 04/02/2013
Summary: Whether a candidate for CFP® certification (“Respondent”) could be certified when he purchased two variable annuities for an elderly client who was originally invested in Certificates of Deposit (“CDs”).

Page 1 of 1 , 7 Items in Total