Unfortunately it is neither monitored, nor enforced by most States because they just can't afford it. That includes insurance agents and all the other mutual fund guys who call themselves financial planners as well. When I requested their CRD, this brokerage house had over 26 pages of justified complaints, fines and disciplinary actions against it. A pity a few of them weren't abiding by those tough NASD standards. A greater pity that a few of them weren't CFP licensees.
Sour grapes are tough to swallow.
Why don't you apply yourself to reading the REST of the course work and then take the comprehensive exam. After all, you can do the whole thing standing on you head it seems, and while most CFP licensees won't agree with your opinions as stated above, we will be able to respect your opinion as an insider who's able to form such a negative opinion based on personal knowledge. Bill, don't sing it, bring it. And, as for adding 1 and 1 and making 2, what a silly thing to say. We all meet idiots on a daily basis in all walks of life and some of the CFP licensees you claim to have met have by no means cornered the market in stupid.