North Dakota Court Says CFP Designation Not "Professional Occupation"

March 2000
Journal of Financial Planning;Mar2000, Vol. 13 Issue 3, p18
Academic Journal
This article discusses the decision of North Dakota Court on the case between Gilbert Kuntz and Patricia Kuntz versus A. Muehler Wayne and Investment Centers of America Inc. which involved a dispute over investments in a limited partnership. The North Dakota trial court had agreed with Muehler that the two year statute of limitations for professional malpractice had expired and as of December 1, 1999 the court decision held that the Certified Financial Planners designation does not meet the professional occupation standards. The state supreme court reversed this decision rejecting the negligence claim and remanded it back for further consideration.


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