Compliance Corner: CFP

Editorial Staff

6 March 2020

Certified Financial Planner Board of Standards
The Certified Financial Planner Board of Standards has imposed interim suspensions of the CFP® certification against William Reynard and Aubrey E Vaughn, III, both of which were effective as of March 2, 2020.

The actions came after Reynard, of King of Prussia, Pennsylvania, was named as the primary defendant in a criminal case, charging him with 12 felonies not arising out of providing financial services, the CFA said in a statement yesterday.

Vaughn, of Atlanta, Georgia, was also suspended from his right to use the CFP® certification marks after he disclosed to the CFP last year that he had been named as the primary defendant in the State of Georgia regarding his being charged with two felonies. These were not connected providing financial services.

The interim suspension operates indefinitely while the CFP board carries out proceedings against the people in question.