Ethics

Question 1

What 6 nouns are approved to follow CFP?

Answer 1

professional, practitioner, mark, certificant, certification, and exam

Question 2

Felony conviction for theft, embezzlement or other financially based crimes.

Answer 2

Always barred

Question 3

Felony conviction for tax fraud or other tax-related crime

Answer 3

Always barred

Question 4

Revocation of a financial professional (registered securities representative, broker/dealer, insurance, accountant, investment advisor, financial planner) license, unless the revocation is administrative in nature.

Answer 4

Always barred

Question 5

Felony conviction for any degree of murder or rape.

Answer 5

Always barred

Question 6

Felony conviction for any other violent crime within the last five years.

Answer 6

Always barred

Question 7

Two or more personal or business bankruptcies.

Answer 7

Conduct Deemed a Presumptive Bar and is PRESUMED to be unacceptable

Question 8

Revocation or suspension of a nonfinancial professional (real estate, attorney) license, unless the revocation is administrative in nature.

Answer 8

Conduct Deemed a Presumptive Bar and is PRESUMED to be unacceptable

Question 9

Suspension of a financial professional (registered securities representative, broker/dealer, insurance, accountant, investment advisor, financial planner) license, unless the suspension is administrative in nature.

Answer 9

Conduct Deemed a Presumptive Bar and is PRESUMED to be unacceptable

Question 10

Felony conviction for nonviolent crimes (including perjury) within the last five years.

Answer 10

Conduct Deemed a Presumptive Bar and is PRESUMED to be unacceptable

Answer 11

Conduct Deemed a Presumptive Bar and is PRESUMED to be unacceptable