Notice to CFP® Professionals Regarding Financial Advice About Cryptocurrency-Related Assets

CFP Board issued this Notice to CFP® Professionals Regarding Financial Advice About Cryptocurrency-Related Assets in response to questions about the application of the Code of Ethics and Standards of Conduct (“Code and Standards”) to Financial Advice about cryptocurrencies and other Financial Assets whose value is tied to cryptocurrencies (collectively “cryptocurrency-related assets”). The Notice identifies relevant provisions of the Code and Standards, including the Duty of Competence, the Fiduciary Duty, the Duty to Provide Information to a Client, the Duty to Comply with the Law, and Duties When Selecting, Recommending, and Using Technology, as well as considerations that arise under the Financial Planning Practice Standards, and discusses how they apply to cryptocurrency-related assets.

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