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Has the CFP Board Gone Overboard?

In this segment, our Wealth Channel™ correspondent Adam Batchelor speaks with Allen R. Bruce, CLU®, ChFC®, President, A.R. Bruce & Company about recent actions by the CFP Board to establish the Certified Financial Planner designation as the industry standard. From Mr. Bruce’s perspective CFP Board’s recent actions are unreasonable. Fiduciary standards, overregulation and the importance of client relationships are also discussed.

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