easy · Certified Financial Planner Estate Planning

An associate at the Pfeiffer firm was recently charged with a felony involving a non-financial matter.

Under the CFP Board's Procedural Rules, what is the reporting requirement?

  1. The associate has no reporting requirement if the charge is unrelated to professional conduct.
  2. Notify the firm's compliance officer immediately, but only notify CFP Board if the firm takes disciplinary action.
  3. Notify CFP Board within 30 calendar days of the initial charge.
  4. Notify CFP Board within 30 calendar days of a conviction only.

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