Further Explanation of the Changes Relating to the

Disciplinary and Ethics Commission of

Certified Financial Planner Board of Standards, Inc.

Message from David G. Strege, CFP^®, CFA^®, Chair of CFP Board’s Board of Directors

This paper further explains why the Board of Directors of Certified Financial Planner  Board of Standards, Inc. (CFP Board) changed the lines of authority for the Disciplinary and Ethics Commission (Commission).  The volunteers of the Commission provide a critical function for CFP Board through their participation in CFP Board’s professional review and disciplinary process.  This process enforces CFP Board’s ethical standards, thereby providing legitimacy to the CFP^® marks by helping to instill public confidence and trust in the services provided by CFP^® certificants.