Legislative and Regulatory Matters
FPACA Advocacy Day
Financial Advisor Issue Intelligence Center | from FPA National
Section 913 Fiduciary Standard of Care
- Financial Planning Coalition Submits Comment Letter on SEC RFI on Fiduciary Standard of Care (PDF)
- SEC’s Walter Calls For Uniform Standard of Care
- White Says SEC is Moving on Fiduciary but Other Rules to Come First
Section 914 User Fee Legislation
- Copy of H.R. 1627: The Investment Advisor Improvement Act of 2013 (PDF)
- Congress Ignores Ticking Time Bomb of Investment Fraud
- NASAA Statement on User Fee Legislation
- FPA and Others Oppose SEC Budget Underfunding
DOL Re-proposed Rules on Fiduciary
- Financial Organizations Protest Bill on Fiduciary Definition
- Why Wall Street, Insurers Don’t Want Fiduciary Duty
- Financial Consultants Support Fiduciary Standard for Retirement Investors
Other Key Issues
FPA endorses the Investment Adviser Examination Improvement Act of 2013. This proposed legislation is far more cost effective and equally successful in achieving a reasonable level of SEC examinations.
FPA seeks legislative reform that would require financial service providers who hold themselves out as “financial planners” to meet competency standards and to provide financial planning services at a fiduciary standard of care.
Federal Bills FPA Is Tracking
Federal – HR 2374 – Oppose
Federal – HR 1627 – Support
FPA in the News
FPA is widely recognized by the media as a leading professional organization for CFP® professionals who adhere to rigorous standards for professional competency and ethics. FPA works proactively with our friends in the media to help support their reporting on the latest personal finance trends and the overall profession of financial planning. The following are just some of the places where FPA and our members have appeared.
Financial Planning Coalition
The Financial Planning Coalition is a collaboration of the leading national organizations representing the development and advancement of the financial planning profession.
Pro Bono Financial Planning from a CFP | FPA
Faced with mounting debt, rising costs of college, retirement and healthcare, many individuals need advice on how to plan and manage their finances wisely. As millions struggle to find trustworthy information and resources, the role of CERTIFIED FINANCIAL PLANNER™ professionals become even more critical. FPA is an organization that closes the gap – through resources, advocacy and public education.
FPA’s nationwide network of nearly 100 chapters lead the way to help thousands of Americans struggling to financially achieve their goals and dreams through a variety of community outreach programs including:
FPA Financial Planning Week®
October 6-12, 2014 marked FPA’s 12th annual Financial Planning Week. Throughout the month of October, FPA chapters are celebrating Financial Planning Week by hosting a variety of financial planning educational activities including Financial Planning Days, personal finance workshops, hotlines and much more to help citizens discover the value of financial planning and make smart financial decisions. FPA’s Financial Planning Week was recognized on the ASAE 2010 Associations Advance America Honor Roll. The 2010 Associations Advance America Awards program recognizes associations that propel America forward. Only 24 programs were selected for this recognition in 2010. View certificate. (PDF | 124KB)
Pro Bono Financial Counseling
Financial planners have been engaged in pro bono activities since the profession began. For FPA, the effort began with 9/11. Following the terrorists attacks, CERTIFIED FINANCIAL PLANNER™ professionals from FPA decided they needed to help victims of disaster and those in special need. TheFPA Pro Bono Program targets underserved individuals and families striving to build assets and improve their lives but cannot afford to engage a planner on their own. In partnership with the Foundation for Financial Planning, FPA chapters help thousands of Americans each year.
FPACA Advocacy Day
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