Stance puts organization at odds with NAPFA, an organization made up of fee-only planners that allows its members to own up to 2% of a financial company that charges commissions.
Two on panel annoyed with regulatory action on "too big to fail"; Gallagher says asset managers shouldn't be considered systemically key.
Securities and Exchange Commission member Daniel Gallagher doubts that his agency will propose its own rule to raise advice standards for brokers providing retail investment advice.
Taking a lead from the SEC, the regulator seeks to understand dangers that lurk online. <i>(Don't miss: <a href="http://www.investmentnews.com/section/video?playerType=Events&eventID=FSI2014&bctid=3147642077001&date=20140203" target="_blank">Which firms are most at risk for cyberattacks?</a>)</i>
Senator calls for changes that would encourage retirement-age workers to work longer
Camardas can seek monetary damages and pursue anti-trust violations in case in which they are suing the CFP Board for sanctioning them.
Roiled by controversies over compensation disclosure and an attempt to offer its own continuing-education programs, the CFP board is forced to adjust.
If approved, rule would prohibit investor complaints from being contingent on clearing a broker's record.
Board members point to SEC's elevation of issue as a top priority.
Founder of Garrett Planning Network says investors with low net worth can be served in a market where all advisers must act in their best interests.
