On April 25, 2012, the Coalition released a statement opposing the Investment Adviser Act of 2012, noting that creating an SRO for investment advisers would unnecessarily burden small business owners with additional costs, and suggesting that building on the SEC's existing infrastructure and experience is a better, more expedient, more effective and less costly option than creating an added layer of regulation.
Read the Coalition’s statement
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CFP Board, the Financial Planning Association®, and the National Association of Personal Financial Advisors are working together as the Financial Planning Coalition to pursue consumer protection and industry reform.
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