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Article: STATE MAY REGISTER FINANCIAL PLANNERS
- Article from:
- THE JOURNAL RECORD
- Article date:
- July 30, 1987
- Author:
CopyrightCopyright (null) The Journal Record. Provided by ProQuest LLC. (Hide copyright information)
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Financial planners who are not regulated under federal or state
securities laws may be recognized in the future as investment
advisors and subject to regulation if the trend in the industry
continues, according to Susan Bryant, administrator of the Oklahoma
Department of Securities.
The Oklahoma Department of Securities is cracking down on
financial planners to find those who are offering unauthorized
advice on securities investments, Bryant said.
Discussion of the increased effort coincided with a report
completed by the Consumer Federation of America calling for mandatory
registration of all financial planners, which falls in line with new
amendments to laws governing investment ...