CFP Board Authors Joint Comment Letter on NASAA's Proposed Advertising Model Rule Revisions

On August 28, 2025, CFP Board, together with the Financial Planning Association (FPA) and the National Association of Personal Financial Advisors (NAPFA), submitted a comment letter to the North American Securities Administrators Association (NASAA) in response to their Request for Comment on proposed revisions to NASAA’s model rules on investment adviser advertising. The letter applauds NASAA for proposing to incorporate the SEC’s Marketing Rule into its model rules, which would align requirements for state-registered investment advisers with those for SEC-registered advisers. 

Read the full comment letter.