In the wake of the Bernard Madoff Ponzi scheme debacle, a group of financial planning organizations is calling for stricter oversight of money managers. The coalition, made up of the National Association of Personal Financial Advisors, the Financial Planning Association and the Certified Financial Planner Board of Standards Inc., is advocating for the formation of a national oversight board to set standards and enforce fiduciary duty for financial planners...
NewsInferno: Madoff Ponzi Scheme Prompts Call to Regulate Financial Planners