Legislative and Regulatory Matters
FPACA Advocacy Day Dinner

FPACA Advocacy Day Dinner is March 4, 2019

 If  you are in Sacramento on Monday night, FPA of California is hosting a dinner for all Advocacy Day participants at The Rio City Café, on the Riverwalk near the Embassy Suites. Also, we have a block of rooms at a discounted rate at the Embassy Suites – available on a first come, first served basis for members who need to arrive Monday night to be ready for Tuesday morning. To book your hotel, please use one of the methods below. Please note that the deadline to register is Sunday, February 10, 2019.
1. Go to and make a reservation using the group/convention code: FPA.
2. Call (916) 326-5000 and ask for the Financial Planning Association FPA CA discount rate.
FPACA Advocacy Day

FPACA Advocacy Day is March 5, 2019

This is your chance to meet with your local State Representative and/or State Senator at their office in Sacramento. Contact us at if you’re interested in being a part of our Advocacy effort.

To register, please complete the online form HERE

FPACA Advocacy Week

FPACA Advocacy Week is September 17-21

This is your chance to meet with your local State Representative and/or State Senator at their office in your district. It’s a great way to connect! Contact us at if you’re interested in being a part of our Advocacy effort.

Issue Intelligence

Financial Advisor Issue Intelligence Center | from FPA National

FPA Statement for July 29, 2014 House Ways and Means Committee

Section 913 Fiduciary Standard of Care

  1. Financial Planning Coalition Submits Comment Letter on SEC RFI on Fiduciary Standard of Care (PDF)
  2. SEC’s Walter Calls For Uniform Standard of Care
  3. White Says SEC is Moving on Fiduciary but Other Rules to Come First

Section 914 User Fee Legislation

  1. Copy of H.R. 1627: The Investment Advisor Improvement Act of 2013 (PDF)
  2. Congress Ignores Ticking Time Bomb of Investment Fraud
  3. NASAA Statement on User Fee Legislation
  4. FPA and Others Oppose SEC Budget Underfunding

DOL Re-proposed Rules on Fiduciary

  1. Financial Organizations Protest Bill on Fiduciary Definition
  2. Why Wall Street, Insurers Don’t Want Fiduciary Duty
  3. Financial Consultants Support Fiduciary Standard for Retirement Investors

Read the Capitol Update Newsletter here.

Other Key Issues

User Fee Legislation

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.

Fiduciary Standard

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

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.

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11/18/2015 US News & World Report 10 Money Steps to Take Before Your 70th Birthday
11/17/2015 InvestmentNews Adviser coalition calls on Congress to reject attempts to stop DOL fiduciary rule
11/17/2015 MainStreet The Social Security Missteps That Can Cost You, Big-Time
11/16/2015 DailyFinance Divorcing? Why You Should Hire a New Financial Adviser
11/15/2015 Associated Press Q&A: How myRA, a new retirement account, works
11/13/2015 NerdWallet Should You Invest Your Emergency Fund?
11/11/2015 New York Times Estate Planning for the Never Married
11/11/2015 Kansas City Star Your Financial planner: A guide to finding a trusted financial partner
11/7/2015 USA Today Full retirement age is a magic number for Social Security benefits
11/5/2015 Newsday About 2,800 rules govern intricacies of Social Security
10/31/2015 Motley Fool Less Than Half of Americans Are Ready for Retirement. Are You One of Them?
10/29/2015 MONEY Test Your Social Security IQ
10/28/2015 MONEY How to Get Started as a Financial Planner
10/24/2015 Motley Fool 11 Ways You’re Sabotaging Your Retirement
10/20/2015 CNBC Is the future for robo-advisors bright … or a bust?
10/6/2015 The Street Social Security Insecurity Plagues Americans Eyeing Retirement
10/6/2015 Main Street Americans Feel Insecure About Their Social Security Knowledge
10/6/2015 CBS (Boston) So What Have You Got?
10/5/2015 Chicago Tribune Survey reveals knowledge gap about claiming Social Security
10/5/2015 MSN Money Claiming Social Security at this age can cost you
10/5/2015 CBS (Boston) Everyone Needs A Financial Plan
10/2/2015 US News & World Report What Older Workers Don’t Know About Social Security
10/1/2015 The Street What You Don’t Know About Social Security Can Drain Your Retirement Savings
10/1/2015 Consumer Affairs AARP survey exposes Social Security knowledge gap
10/1/2015 Forbes Four Must-Know Social Security Facts
10/1/2015 Senior Journal Social Security important to all but few know much about it
10/1/2015 CNBC The consequences of claiming Social Security too early
10/1/2015 FPA Practice Management Blog Closing the Knowledge Gap: Findings from FPA and AARP Social Security Research
10/1/2015 Retirement Income Journal Takeaways from the FPA Conference in Boston
10/1/2015 RIABiz Stealing the FPA show, ‘rock star’ Marcia Wagner sounds four-alarm fire drill on DOL’s onrushing fiduciary rule — especially one arising from a stumper of a rollover provision
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.

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Pro Bono

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.

We’re Part of FPA


Advocacy is one of the four pillars of the national Financial Planning Association (FPA)

September 2019
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