Professor Roberta S. Karmel Elected to the Board of Directors of CFP Board

Roberta S. Karmel, Centennial Professor of Law, a leading authority on international and domestic securities regulation, has been appointed to the Board of Directors of the Certified Financial Planner Board of Standards (CFP Board). She becomes the fourth public member of the Board of Directors. She joins 15 other members on the Board of Directors. 

Certified Financial Planner Board of Standards, Inc. is the professional body for personal financial planners in the U.S. CFP Board sets standards for financial planning and administers the prestigious CFP certification—one of the most respected certifications in financial services—so that the public has access to and benefits from competent and ethical financial planning.

Jack Brod, chair of the CFP Board of Directors, said that Karmel “will bring deep, invaluable experience and insights to ensure that our new Code and Standards is relevant and credible to the public and fair to CFP professionals.”

At the Law School, Karmel is the co-director of the Dennis J. Block Center for the Study of International Business Law. She was the first woman to be appointed as a Securities and Exchange Commissioner and has served as a director on numerous boards including the New York Stock Exchange, Kemper Insurance and Mallinckrodt Pharmaceuticals. She also was a Fulbright Scholar studying the harmonization of the securities laws in the European Union. She is the author of Life at the Center: Reflections on Fifty Years of Securities Regulation (PLI 2014) and Regulation by Prosecution: The Securities and Exchange Commission Versus Corporate America (Simon & Schuster 1981). She has been the recipient of many honors, and has written extensively for journals and periodicals, including serving as a columnist on securities regulation for the New York Law Journal for more than 35 years.