The Certified Financial Planner (CFP) Board of Standards announced Tuesday that it was seeking comments on its proposed sanction guidelines and the Appeals Committee Board of Directors, which considers appeals put forth by the CFP Board’s Disciplinary and Ethics Commission.
The sanction guidelines assist the Disciplinary and Ethics Commission, the group charged with conducting disciplinary hearings in accordance with CFP Board’s Disciplinary Rules and Procedures, in maintaining consistency regarding the imposition of sanctions. The proposed guidelines would also be used by the Appeals Committee of the Board of Directors, which considers appeals of Commission decisions, CFP Board says.
Comments must be sent to the CFP Board by May 23.