The letters are meant to help CFP professionals meet the duties for providing information to clients as required by the board's Code of Ethics and Standards of Conduct.
Bharara, who became U.S. attorney for the Southern District of New York in 2009, might view the SEC as a consolation prize, as he’s been mentioned as a possible contender to lead the Justice Department.
Robert C. Morgan will pay about $66 million in relief for harmed investors, but no additional monetary relief, according to the commission. Morgan faces separate charges in a civil suit brought by the Justice Department.