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Regulation of financial planning industry facing new opposition
October 18, 2009
In his October article “Bid to regulate planning industry will soon run into opposition, leaders predict” Dan Jamieson writes that while Certified Financial Planner Board of Standards Inc., the Financial Planning Association and the National Association of Personal Financial Advisors have banded together to lobby congress for a more clearly defined regulation of the financial planning industry, opposition is now emerging. “There could be push-back from various industry sources,” said Richard Salmen, departing president of the Financial Planning Association and ACA member.
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