FYI: (This is a follow-up article.)
The Certified Financial Planner Board of Standards Inc. said Tuesday that it is upgrading its scrutiny of financial planners and appointing a task force to review its enforcement and disclosure procedures.
A Page One article in The Wall Street Journal, analyzing public records at a website run by the Financial Industry Regulatory Authority, found that thousands of planners listed on the CFP Board’s website without any disclosures have reported customer complaints, criminal histories, financial problems or regulatory proceedings on the Finra site.
Regards,
Ted
https://www.wsj.com/articles/board-upgrades-up-its-scrutiny-of-financial-planners-11564526436?mod=searchresults&page=1&pos=1
