On March 24, 2023, CFP Board Counsel filed a Motion for Interim Suspension Order (Motion) pursuant to Article 2.1.a.1. of CFP Board’s Procedural Rulesrequesting that a Hearing Panel of CFP Board’s Disciplinary and Ethics Commission (DEC) issue an Interim Suspension Order against Mr. Gilder, who was charged with Wire Fraud and Conspiracy to Commit Wire Fraud in the U.S. District Court for the Southern District of New York in New York, New York. After reviewing the matter, a Hearing Panel of the DEC determined that CFP Board demonstrated by a preponderance of the evidence that Mr. Gilder’s conduct poses a significant threat to the public or that his conduct significantly impinges upon the reputation of the profession and upon the CFP® certification marks. Therefore, the DEC issued an Interim Suspension Order to Mr. Gilder. Pursuant to the Interim Suspension Order, Mr. Gilder’s right to use the CFP® certification marks is suspended pending CFP Board’s completed investigation and possible further disciplinary proceedings.
An interim suspension is a suspension of a CFP® professional’s certification and trademark license during the pendency of CFP Board enforcement proceedings. A Respondent subject to an Interim Suspension Order must not use the CFP® certification marks or state or suggest that the Respondent is a CFP® professional while the Interim Suspension Order is in effect. An Interim Suspension Order is a temporary sanction and does not preclude CFP Board from imposing a final sanction. An Interim Suspension Order will remain in place until the DEC or, if an appeal is filed, CFP Board’s Appeals Commission, issues a final order. CFP Board Counsel may vacate an Interim Suspension Order if a criminal conviction is vacated or reversed or if Respondent provides sufficient evidence indicating that Respondent was not the subject of a criminal conviction. A Hearing Panel of the DEC may issue an Order to vacate an Interim Suspension Order upon a successful Petition to Vacate an Interim Suspension Order by Respondent.