WASHINGTON, Dec. 6, 2018 /PRNewswire/ -- Certified Financial
Planner Board of Standards, Inc. announces today the names of CFP®
professionals who (i) have filed for protection or been named as a
debtor in an involuntary bankruptcy petition that has not been
dismissed under the United States Bankruptcy Code within the last
five years; and (ii) have (a) obtained confirmation of a plan under
Chapter 11 or Chapter 13 of the United States Bankruptcy Code or
(b) received a discharge under the United States Bankruptcy Code.
Under the CFP Board rules that took effect July 1, 2012, these CFP® professionals are not
subject to disciplinary procedures but will have their bankruptcy
disclosed.
CFP Board does not investigate, and the Disciplinary and Ethics
Commission does not adjudicate, matters involving only a single
bankruptcy. Rather, CFP Board verifies that the CFP® professional
has filed a petition for bankruptcy within the last five years and
that the bankruptcy court has adjudicated the bankruptcy. CFP
Board then discloses the bankruptcy on the CFP® professional's
public profile, which is available through the search functions on
CFP Board's website. CFP Board will also share with consumers and
other stakeholders who contact CFP Board regarding a CFP®
professional's certification status the information in the CFP®
professional's public profile, including identifying whether the
CFP® professional was the subject of a bankruptcy petition. All
disclosures regarding a CFP® professional's bankruptcy will remain
on CFP Board's website for 10 years from the earlier of the date
the CFP® professional disclosed the bankruptcy to CFP Board or the
date CFP Board became aware of the bankruptcy.
The public may review an individual's bankruptcy information and
certification status with CFP Board at www.CFP.net/search. For more
detail regarding a CFP® professional's bankruptcy, please visit the
U.S. Court's Public Access to Court Electronic Records (PACER)
website, which can be found at
https://pacer.login.uscourts.gov/cgi-bin/login.pl?court_id=00pcl.
Please note that you will be required to register and pay a nominal
fee to view the information.
This disclosure of these names is made pursuant to CFP Board's
rules regarding single-bankruptcy cases and covers the second and
third quarters of 2018. The release of the information below does
not constitute discipline of these individuals and is provided only
for purposes of providing consumers with adequate information to
make an informed decision with regard to engaging a CFP®
professional to assist with financial decisions.
NAME
|
LOCATION
|
STATE
|
BANKRUPTCY
TYPE
|
FILING
DATE
|
|
|
|
|
|
Mr. Charles S.
Cannon, CFP®
|
Portland
|
OR
|
Personal
|
November
2016
|
|
|
|
|
|
Mr. Erlee James
Clark, CFP®
|
Tampa
|
FL
|
Personal
|
November
2016
|
|
|
|
|
|
Mr. Sean Luigi Covi,
CFP®
|
Denver
|
CO
|
Personal
|
June 2018
|
|
|
|
|
|
Mr. Joseph Ellison,
CFP®
|
Los
Angeles
|
CA
|
Personal
|
July 2014
|
|
|
|
|
|
Ms. Melissa A.
Frederick, CFP®
|
Newark
|
NJ
|
Personal
|
February
2018
|
|
|
|
|
|
Mr. Rommel Garcia,
CFP®
|
Gainesville
|
FL
|
Personal
|
December
2015
|
|
|
|
|
|
Ms. Julian Locke,
CFP®
|
St. Paul
|
MN
|
Personal
|
April 2015
|
|
|
|
|
|
Ms. Heather Rae
Nidetch, CFP®
|
New York
|
NY
|
Personal
|
August
2015
|
|
|
|
|
|
Mr. James R.
Ouellette, CFP®
|
Concord
|
NH
|
Personal
|
March 2018
|
|
|
|
|
|
Ms. Mary A. Reinoehl,
CFP®
|
Philadelphia
|
PA
|
Personal
|
August
2016
|
|
|
|
|
|
Mr. Dwight W. Rich,
CFP®
|
Louisville
|
KY
|
Personal
|
August
2017
|
|
|
|
|
|
Mr. Frederick Allen
Rich, CFP®
|
Fresno
|
CA
|
Personal
|
May 2015
|
ABOUT CFP BOARD
Certified Financial Planner Board of Standards, Inc. is
the professional body for personal financial planners in the
U.S. CFP Board sets standards for financial planning and
administers the prestigious CFP® certification – one of the most
respected certifications in financial services – so that the public
has access to and benefits from competent and ethical financial
planning. CFP Board, along with its Center for Financial
Planning, is committed to increasing the public's awareness of CFP®
certification and access to a diverse, ethical and competent
financial planning workforce. Widely recognized by firms as the
standard for financial planning, CFP® certification is held by over
82,000 people in the United
States.
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SOURCE Certified Financial Planner Board of Standards, Inc.