The Financial Planning Association said Wednesday that it has joined the Professional Certification Coalition to help beat back attempts by states to bar the use of the Certified Financial Planner, or CFP, designation.
The newly formed Professional Certification Coalition (PCC), a Washington-based unincorporated nonprofit association, seeks to stem "efforts to enact legislation that would undermine the recognition of certifications developed or offered by private certification organizations."
The coalition was formed by the Institute for Credentialing Excellence and the American Society of Association Executives.
The PCC advocates for certification organizations by working with state legislatures to eliminate harmful language, monitoring and analyzing state legislative activity, and educating state lawmakers about the Coalition's position.