Among other changes, the board, which oversees advisors who use the CFP credential, will change its practices to make it easier for investors to identify financial professionals with troubled pasts.
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After an article in The Wall Street Journal reported that the CFP Board of Standards was lax in enforcing requirements for advisors, the organization has vowed to step up its enforcement. So reports CNBC.
Among other changes, the board, which oversees advisors who use the CFP credential, will change its practices to make it easier for investors to identify financial professionals with troubled pasts.