Northern Nevada Business Weekly

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November 7, 2013
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Carson certified public accountant is disciplined

Carson City certified public accountant Michael D. Bayliss has been disciplined by the Certified Financial Planner Board of Standards Inc., a Washington, D.C.-based industry group that certifies financial planners. The CFP Board suspended Bayliss’ right to use its CFP certification for 18 months after finding that Bayliss had violated several of the group’s rules, including recommending that a client’s trust invest in funds managed by Bayliss without disclosing the conflict of interest and the fact “the funds were having liquidity and financial problems at a time when the trustee was trying to liquidate the trust,” according to the CFP Board. …

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The Nevada Appeal Updated Nov 7, 2013 12:35AM Published Nov 7, 2013 01:10PM Copyright 2013 The Nevada Appeal. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.