Monday, February 01, 2010
Planning Groups Prepare For Long Fight
A group of financial planners pushing for regulation of their profession is bracing for a long fight... The Financial Planning Coalition wants to limit who can call himself or herself a financial planner, a title anyone can use today. The group wants ethical and competency standards for individuals who hold themselves out as financial planners, and a new regulatory authority to oversee self-described planners.
Another part of the group’s battle–requiring financial advice providers to put their clients’ interests first–has gained momentum after the Madoff scandal and the market meltdown of a year ago. But providing more clarity around the somewhat vague concept of financial planning isn’t a priority now for lawmakers...
WSJ: Planning Groups Prepare For Long Fight
Another part of the group’s battle–requiring financial advice providers to put their clients’ interests first–has gained momentum after the Madoff scandal and the market meltdown of a year ago. But providing more clarity around the somewhat vague concept of financial planning isn’t a priority now for lawmakers...
WSJ: Planning Groups Prepare For Long Fight
Permalink posted by markw @ 5:18 AM 
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