CFP Board's Disciplinary Rules and Procedures

Question 1

Who is the CFP board responsible for monitoring the behavior and adminstering disciplinary action for?

Answer 1

• For those who:
  
  • Hold the CFP certification
  • Have passed the CFP exam but has NOT YET met the experience requirement
  • Are enrollled in a registered CFP certificate or for-credit academic program OR
  • Are registered to sit for an upcoming CFP exam

Question 2

Conviction/Charge vs Arrest

Answer 2

• If you are convicted OR charged with crime, you must notify CFP board within 30 days
• If are ARRESTED, but not charged/convicted, then YOU DONT HAVE TO

Question 3

Who are the two groups CFP board deals with disciplinary issues?

Answer 3

• First is the DEC
• And then the Hearing panel, if needed