The Certified Financial Planner Board of Standards has established a Jan. 1, 2009 enforcement date for its revised "Standards of Professional Conduct," allowing members more leeway before enforcement takes effect.

The board's decision provides CFPs with a six-month grace period to fully implement the revised standards in their practices. However, the board noted that the change does not affect the introduction of the revised standards, which will still go into effect July 1, 2008, as planned.

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