Chapter 1 — Professional Conduct and Regulation

Domain Weight: 8% (~14 questions) Folder: Chapter 1 - Professional Conduct and Regulation/

| File | Topic | Key Concepts | |---|---|---| | 1.1 - CFP Ethics and Fiduciary Duty.md | Ethics, fiduciary standard, regulatory framework | Fiduciary vs. suitability, CFP Board code, SEC/FINRA/state regulation, disciplinary process |

Core competencies this chapter builds:

• Identify when and how fiduciary duty applies to CFP professionals
• Distinguish fiduciary standard from suitability standard and Reg BI
• Apply CFP Board disciplinary framework to misconduct scenarios
• Identify the correct regulatory body for a given advisor profile
• Recognize conflicts of interest and determine appropriate response

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