ARTICLE 13: CONVICTION OF A CRIME ORPROFESSIONAL DISCIPLINE
13.1 Proof of Conviction or Professional Discipline
Except as otherwise provided in these Disciplinary Rules, a certificate from the clerk of any court of criminal jurisdiction indicating that a Respondent has been convicted of a crime in that court or a letter or other writing from a governmental or industry selfregulatory authority to the effect that a Respondent has been the subject of an order of professional discipline (as hereinafter defined) by such authority, shall conclusively establish the existence of such conviction or such professional discipline for purposes of disciplinary proceedings and shall be conclusive proof of the DEC of that crime or of the basis for such discipline, by the Respondent.
13.2 Duty to Report Criminal Conviction or Professional Discipline
(1) upon being convicted of a crime, other than minor traffic offenses;
(2) upon being the subject of professional discipline; or
(3) upon notification of a change to a matter previously disclosed under items (1) and (2) to CFP Board, shall notify CFP Board in writing of such conviction or professional discipline within 30 calendar days after the date on which the Respondent is notified of the conviction or professional discipline.
13.3 Commencement of Disciplinary Proceedings Upon Notice of Conviction or Professional Discipline.
Upon receiving notice that a Respondent has been convicted of any crime occurring within the last 10 years, other than minor traffic offenses, or been the subject of professional discipline, CFP Board Counsel shall determine whether an investigation is warranted. CFP Board shall obtain the record of conviction or proof of discipline and, if appropriate, file a Complaint against the Respondent as provided in Article 7. If the Respondent’s criminal conviction or professional discipline is either proved or admitted as provided herein, the Respondent shall have the right to be heard by the Hearing Panel only on matters of rebuttal of any evidence presented by CFP Board Counsel other than the proof of the conviction or professional discipline.
13.4 Definition of Professional Discipline
Professional discipline as used herein shall include the suspension, bar or revocation as a disciplinary measure by any governmental agency, industry self-regulatory organization or professional association.
Article 14: Settlement Procedure
InvestingWarren Buffett was once asked what is more important to become a successful investor: intelligence or discipline? His answer came as a surprise to some.
Financial AdvisorThe workload doesn't end with your exam. Find out how to keep up your CFP credential.
Financial AdvisorThe Certified Financial Planner Board of Standards promotes standards and ethics in financial planning and enforces CFP certification requirements.
Financial AdvisorDon’t skimp on the CFP designation. Here's why those three letters show that someone is qualified in financial and investment planning.
Financial AdvisorIt's not hard to find out if a potential financial planner has a shady past. Here's why it's so important to check an advisor's credentials and history.
TradingFor traders to achieve true discipline, they need to more than just accept the idea.
Financial AdvisorStarting in September the CFP Board will have the option of making public the results of arbitration disputes.
TradingLack of professional and personal discipline can impact self worth and market performance. Examine lifestyle choices like smoking, drug use, and overeating to improve performance.
Personal FinanceRegulators, sales people and clients all look to communications professionals to help them navigate the markets.
Financial AdvisorThese four professional organizations are among the most respected and well known in the industry.