CFP Board Names J. Barron Knight, Esq. as Director of Professional Review.WASHINGTON -- Certified Financial Planner Certified Financial Planner (CFP) A person who has passed examinations accredited by the Certified Financial Planner Board of Standards, showing that the person is able to manage a client's banking, estate, insurance, investment, and tax affairs. Board of Standards, Inc. (CFP 1. CFP - Constraint Functional Programming. 2. CFP - Communicating Functional Processes. 3. CFP - Call For Papers (for a conference). Board), the professional regulatory body for over 56,000 professionals holding CERTIFIED FINANCIAL PLANNER([TM]) certification, has announced that it has named J. Barron Knight, Esq. to the position of Director of Professional Review, effective immediately. Mr. Knight brings to CFP Board more than seven years of experience in securities law. Since September 2005, he has served as Special Counsel in the Office of Regulatory Policy at the Financial Industry Regulatory Authority Not to be confused with NASD. In the United States, the Financial Industry Regulatory Authority (FINRA) is a new self-regulatory organization (SRO) under the Securities Exchange Act of 1934, successor to the National Association of Securities Dealers, Inc. (NASD). (FINRA FINRA Financial Industry Regulatory Authority (formerly Securities Industry Regulatory Authority) , formerly NASD NASD See: National Association of Securities Dealers NASD See National Association of Securities Dealers (NASD). ), the regulator that oversees nearly 5,100 brokerage firms, about 173,000 branch offices and more than 669,000 registered securities representatives. Among other duties, Mr. Knight's responsibilities at FINRA included serving as lead counsel for the organization's Liaison Program, drafting policy and procedural guidelines for FINRA's membership application process, and providing advice on litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. strategy for FINRA's membership application disciplinary proceedings. In his new role, Mr. Knight will direct CFP Board's professional review operations, coordinate investigations related to alleged violations of CFP Board's ethical standards and work with CFP Board's Disciplinary and Ethics Commission In the United States, an Ethics Commission is a commission established by State law to discourage dishonest practices by their public employees and elected officials. Almost all American states have such a commission. to conduct disciplinary proceedings. "CFP Board is very pleased to have someone with Jay's credentials and experience joining our organization," said Kevin R. Keller, CAE (1) (Computer-Aided Engineering) Software that analyzes designs which have been created in the computer or that have been created elsewhere and entered into the computer. , Chief Executive Officer of CFP Board. "His knowledge of financial markets and regulatory affairs Regulatory Affairs (RA), also called Government Affairs, is a profession within regulated industries, such as pharmaceuticals, medical devices, energy, and banking. Regulatory Affairs professionals usually have responsibility for the following general areas: CFP Board is in the process of moving its operations to the nation's capital from its current location in Denver, Colorado. The organization expects the move to help it become a more vigorous advocate for the public's interest, and to facilitate a more influential voice in public policy debates during a time when more Americans than ever are in need of competent and ethical financial planning Financial planning Evaluating the investing and financing options available to a firm. Planning includes attempting to make optimal decisions, projecting the consequences of these decisions for the firm in the form of a financial plan, and then comparing future performance against . "I am delighted to be joining this new team," said Mr. Knight. "CFP Board has long promoted strong ethical standards for financial planners and maintained an active enforcement process. The recent updates to CFP Board's ethical standards make them even stronger, with greater benefits for the public, and I look forward to being involved in their implementation." Mr. Knight is an attorney admitted to practice in the state of Maryland. He began his legal career as a staff attorney in the Securities Division of the Office of the Attorney General, Maryland, where he acted as a lead attorney on administrative and civil enforcement actions against investment advisers, broker-dealers, issuer agents and unregistered entities. From May 2002 to September 2005, Mr. Knight served as an Assistant Director in the Securities Bureau of the Department of Insurance, Securities & Banking for the District of Columbia District of Columbia, federal district (2000 pop. 572,059, a 5.7% decrease in population since the 1990 census), 69 sq mi (179 sq km), on the east bank of the Potomac River, coextensive with the city of Washington, D.C. (the capital of the United States). , where he developed securities regulatory policies and managed and directed a division of examiners, investigators and attorneys. Mr. Knight also designed, executed and coordinated examination programs and enforcement actions involving broker-dealers, investment advisers, issuer agents and their employees. The mission of Certified Financial Planner Board of Standards, Inc. is to help people benefit from competent, professional and ethical financial planning. CFP Board owns the certification marks CFP([R]), CERTIFIED FINANCIAL PLANNER[TM] and federally registered CFP (with flame design) in the U.S., which it awards to individuals who successfully complete CFP Board's initial and ongoing certification requirements. CFP Board currently authorizes more than 56,000 individuals to use these marks in the United States. |
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