September 2022 Sanctions by Certified Financial Planners Board
According to their website, the “Certified Financial Planner (CFP) Board is a non-profit organization acting in the public interest by fostering professional standards in personal financial planning through its setting and enforcement of the education, examination, experience, ethics and other requirements for CFP. “
The CFP Board can discipline those holding the CFP title in a number of ways, in order of increasing severity:
- Public Censures
- Suspensions
- Temporary Bars
- Permanent Bars
- Revocations of the right to use the CFP marks
The Certified Financial Planner Board of Standards announced public sanctions against 33 current or former CFP professionals.
| STATE | NAME | LOCATION | SANCTION |
| California | Thomas Lawrence Russell, CFP® | La Jolla | Public Censure |
| Colorado | Glenn Kevin Rose, CFP® | Aurora | Public Censure |
| Florida | Jennifer Basey, CFP® | Fort Myers | Public Censure |
| Maryland | Johannes Allender, CFP® | Gaithersburg | Public Censure |
| New York | Michael A. Cook, CFP® | Valley Stream | Public Censure |
| New York | Joseph A. Gross, CFP® | West Sand Lake | Public Censure |
| Texas | Douglas D. Horne | Richmond | Temporary Bar |
| Arizona | Bruce A. Lindvig | Scottsdale | Suspension |
| Arkansas | Bentley Blackmon | Little Rock | Suspension |
| California | Thomas L. Rydell | Milpitas | Suspension |
| Illinois | Timothy F. Knauf | Rockford | Suspension |
| Iowa | Chris B. Steele | Clive | Suspension |
| Louisiana | Charles C. Beard, Jr. | Shreveport | Suspension |
| Ohio | Stephen J. Wall | Medina | Suspension |
| California | Patrick M. Finkelstein | Santa Monica | Permanent Bar |
| Florida | David A. Jenson | Altamonte Springs | Permanent Bar |
| Florida | Roderick L. Whited | Gainesville | Permanent Bar |
| Georgia | Kendrick G. Smith | Pine Mountain | Permanent Bar |
| Maryland | Jonathan D. Robbins | Potomac | Permanent Bar |
| Massachusetts | Adam Westphalen | Accord | Permanent Bar |
| New Jersey | Paul W. Lascelle | Flemington | Permanent Bar |
| New Jersey | Nicholas Spagnoletti, Jr. | Pomeroy | Permanent Bar |
| North Carolina | Raymond Ng | Charlotte | Permanent Bar |
| Ohio | David J. Campanella | Hudson | Permanent Bar |
| Oregon | Charles I. Carroll | Portland | Permanent Bar |
| Virginia | Bobby D. Hines, Jr. | Colonial Heights | Permanent Bar |
| Arizona | Heather L. Guilliom | Tucson | Revocation |
| California | Alfred J. Kottman | Lincoln | Revocation |
| Colorado | Ronald Niederpruem | Gunnison | Revocation |
| Indiana | Christopher Turean | Fishers | Revocation |
| Pennsylvania | Michael M. Hartlett | Lancaster | Revocation |
| Texas | David Lynn Medlin | North Richland Hills | Revocation |
| Texas | Mark Andrew Trewitt | Gordonville | Revocation |
If you have questions about losses, unauthorized trading or unsuitable investments in your investment account or believe you are a victim of stockbroker malpractice, contact us for a no charge consultation.
Rex Securities Law , with offices in Boca Raton, FL, and Austin, TX, provides representation to investors nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney.
Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.
Nationwide Representation
TollFree: 877-224-3199
Florida-561 391 1900
Texas-512-329-2870
