Tr?id=566623520170033&ev=PageView&noscript=1

ÍøÆØ³Ô¹Ï

New CFP Board Chair Plans to Release New Sanction Guidelines by Midyear

Posted on January 20th, 2023 at 2:04 PM
New CFP Board Chair Plans to Release New Sanction Guidelines by Midyear

From the Desk of Jim Eccleston at ÍøÆØ³Ô¹Ï.

The new Certified Financial Planner Board of Standards (CFP Board) chair, Daniel Moisand, has announced a plan to release revised sanction guidelines for public comment by midyear.

Moisand, who is succeeding Kamila Elliot, has worked in the industry for more than 30 years and also has served on the CFP Board’s board of directors since 2020. The revisions are expected to build on the proposed updates announced in February 2021 when the board had appointed a new commission to evaluate changes to its sanction guidelines. Revisions to sanction guidelines were necessary to ensure that the CFP Board can keep up with the realities that CFP professionals regularly face, according to Moisand.

Moisand further announced that the Board has created a stand-alone Code and Standards Enforcement Committee in an effort to improve the Board’s enforcement response. The Board will continue its review of its competency standards for education, examinations, and continuing education, according to Moisand. Moisand estimated that the exhaustive review process likely would take until at least the end of 2025 to complete.

ÍøÆØ³Ô¹Ï LLC represents investors and financial advisors nationwide in securities, employment, regulatory, CFP and disciplinary matters.

Tags: eccleston, eccleston law, advisors, law, sec

Return to Archive

TESTIMONIALS

Previous
Next
Quotes Bigger

I am so glad I found you! Wow! I appreciate your help, concern and guidance.

RB

LATEST NEWS AND ARTICLES

1778171646 Law
May 7, 2026
FINRA Bars Former Raymond James Broker for Refusing Testimony in Unauthorized Trading Probe

A former registered representative with Raymond James has been barred from the securities industry after refusing to cooperate with a Financial Industry Regulatory Authority (FINRA) investigation into alleged unauthorized trading activity.

1778084309 Law
May 6, 2026
FINRA Outlines Key Rulemaking Priorities and Recent Developments in Quarterly Agenda

The Financial Industry Regulatory Authority (FINRA) recently released its Quarterly Regulatory Policy Agenda, offering a detailed view of its rulemaking priorities, pending proposals, and recently approved regulatory changes.

1778000603 Law
May 5, 2026
Commonwealth Financial Network Resolves SEC Conflict of Interest Case

Commonwealth Financial Network has agreed to pay $5 million to resolve a long-standing conflict of interest case brought by the Securities and Exchange Commission, according to reporting by ThinkAdvisor.