FPSC Report on Disciplinary Action

FPSC REPORT ON DISCIPLINARY ACTION

Toronto, August 9, 2007 - Financial Planners Standards Council's (FPSC) publicly reports on disciplinary actions taken by FPSC against individuals' rights to use the CERTIFIED FINANCIAL PLANNER®, CFP® and CFP® logo marks. Following is a summary of disciplinary cases closed since the last report of activity dated October 2006.

This report and those of past disciplinary actions taken by FPSC is posted on FPSC's website at www.cfp-ca.org in the "Finding a Planner" resource under "CFP Professionals in Good Standing". This search function provides verification of the CFP licence status of individuals. FPSC also encourages members of the public to verify an individual's right to hold themselves out as a CFP professional by requesting to see the current CFP licence card annually issued by FPSC to CFP professionals who meet all ongoing CFP licensing requirements, including abidance of the CFP Code of Ethics.

About Financial Planners Standards Council (FPSC):
(FPSC) is a not-for-profit organization established in 1995 to lead the development of the financial planning profession. FPSC develops and enforces the highest standards in financial planning competency and ethics for individuals who hold CFP® certification in Canada. There are currently more than 17,000 CFP professionals in Canada and more than 100,000 individuals who have earned CFP certification in 20 countries around the world. See www.cfp-ca.org for more information.

NOTE TO EDITORS:
For further information on FPSC and the CFP designation, please visit our online media kit at http://www.fpsccanada.org/media/fpsc_media_kit.

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For more information, contact:

MEDIA CONTACTS

Heather Mills/FPSC at 416.593.8587 ext. 235 or e-mail hmills@cfp-ca.org

Eileen Chadnick/Chadnick Communications for FPSC at 416.631.7437 or e-mail eileen@chadnick.com.