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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: StockDung who wrote (102636)	2/9/2008 1:21:05 PM
From: scion	Respond to of 122087

Lesson 4: Check the records The Certified Financial Planner Board of Standards revoked Brown's Certified Financial Planner credentials in 1997 over nondisclosure of several disciplinary issues and Brown's repeated failure to use "reasonable and prudent professional judgment in providing care to his clients." The information is available at www.cfp.net. You can read his record of disciplinary troubles with Florida's Department of Banking and Finance, the National Association of Securities Dealers, and clients online at the Financial Industry Regulatory Authority or FINRA.org. Enter his full name, Kenneth William Brown, under their Broker Check function. The thick files contain disputes over such things as risky commodities deals and tax shelters that were later found not to be viable. He paid the occasional fine and endured at least two censures. He and his firm sometimes prevailed, but over the years they repeatedly paid out money to disgruntled investors. Even though all this is out there, it would be easy for any unscrupulous broker or adviser to get the record cleansed. The Public Investors Arbitration Bar Association found in a recent study that brokers who ask regulators to purge their records succeed almost every time. .............. Public Disciplinary Actions CFP Board's public disciplinary action can take one of three forms -- a public Letter of Admonition, a temporary suspension of the individual's CFP® certification or a permanent revocation of the individual's CFP® certification -- depending on the severity of the breach, any mitigating or aggravating circumstances, and the individual's cooperation with the Board's investigation. cfp.net FLORIDA Revocations Kenneth W. Brown (Ocean Ridge/Boca Raton) cfp.net