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Michael Kitces' Comment Letter on CFP Board's Proposed Fiduciary Standards
Nerd's Eye View 
[Opinion] Aug. 21, 2017
"the CFP Board's proposed changes do introduce numerous new questions and concerns, from key definitions that ... still need to be clarified further, to new wrinkles in what does and does not constitute a fee-only advice relationship ... to uncertainties about how CFP professionals are expected to navigate important conflicts of interest, and how CFP professionals should interpret the 29(!) instances where the CFP Board's new standards are based on 'reasonableness'... with no explanation of how 'reasonable' is determined, and a non-public CFP Board Disciplinary and Ethics Commission that doesn't even allow CFP professionals to rely on prior case histories for precedence."
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