More On Legal & Compliancefrom The Advisor's Professional Library
- Regulatory Oversight of Investment Advisors Although the regulatory environment is in a state of flux, it is imperative that RIAs adhere to their compliance obligations. To ensure compliance, RIAs and IARs must fully understand what those obligations are.
- Registration Requirements for Investment Advisor Representatives (IARs) When individuals launch an advisory firm, they must avoid marketing themselves or the firm as investment advisors before they are properly approved and registered. Otherwise, they are subject to severe penalties.
Furthering its efforts to strengthen its presence in Washington, the CFP Board recently named Marilyn Mohrman-Gillis as its new managing director of public policy. Mohrman-Gillis will start her new position August 18.
As managing director of public policy, Mohrman-Gillis will oversee the
public policy council--made up primarily of CFPs--that the CFP Board is now
building, as CFP Board CEO Kevin Keller revealed to Investment Advisor in a
Mohrman-Gillis, who's held various senior positions during her 30-year career in Washington--namely as a supervising attorney at the Federal Communications Commission, VP for policy and legal affairs at the Association of Public Television Stations, and director of policy and federal relations at the National League of Cities--will be responsible for "developing and overseeing CFP Board's advocacy initiatives to ensure the visability and credibility of the CFP certification with legislators, regulators, and other policy makers," according to the CFP Board.
"Throughout her distinguished career, Marilyn has demonstrated an ability to create and execute focused, coherent, and achievable plans that effectively represented the interests and issues of the organizations she has worked for," Keller said in a statement.