The CFP Board has closed all testing sites for its CFP certification examination. All exam registrants affected by the closures will be rescheduled at no additional cost for the July 2020 CFP exam, the group said in a release.
The March exam was scheduled to take place from last Tuesday, March 10, through Tuesday, March 17. A CFP spokesperson said that 19 test centers closed on Monday, affecting 142 candidates.
The next exam is currently scheduled to take place from July 7 to July 14. The CFP Board said it will follow up with all those affected by its decision after registration opens for the July exam.
[More: CFP ranks grew by 3.9% in 2019]
The CFP Board said its decision to close the testing sites was made by its testing administrator, Prometric, which is closing all of its testing centers in North America for at least the next 30 days in an effort to protect the health and well-being of staff and clients during the COVID-19 outbreak.
Rajesh Markan earlier this year pleaded guilty to one count of criminal fraud related to his sale of fake investments to 10 clients totaling $2.9 million.
From building trust to steering through emotions and responding to client challenges, new advisors need human skills to shape the future of the advice industry.
"The outcome is correct, but it's disappointing that FINRA had ample opportunity to investigate the merits of clients' allegations in these claims, including the testimony in the three investor arbitrations with hearings," Jeff Erez, a plaintiff's attorney representing a large portion of the Stifel clients, said.
Chair also praised the passage of stablecoin legislation this week.
Maridea Wealth Management's deal in Chicago, Illinois is its first after securing a strategic investment in April.
Orion's Tom Wilson on delivering coordinated, high-touch service in a world where returns alone no longer set you apart.
Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today's choppy market waters, says Myles Lambert, Brighthouse Financial.
