by Structured Settlement Watchdog®
The Certified Structured Settlement Consultant certificate leaves no excuse for misinterpretation or puffery.
"The National Structured Settlement Trade Association in cooperation with The University of Notre Dame has conferred upon (state your name) the designation of Certified Structured Settlement Consultant in recognition of the successful completion of the course of study required for certification as evidenced by a comprehensive examination" -excerpt from actual CSSC completion certificate
Download CSSC completion certificate circa October 2007
Now let's get this straight!
- The NSSTA logo prominently appears on the certificate.
- The NSSTA confers the designation NOT The University of Notre Dame.
- Ha Ha. I know that by redacting the name of the CSSC designee who kindly provided the above "exhibit" makes it appear that the University of Notre Dame conferred upon NSSTA)
- How anyone could confuse the Lebanese Notre Dame (Notre Dame University) after reading the certificate is beyond me.
- It states on the certificate that it is a designation (i.e not an Executive MBA or post graduate course as some structured settlement consultants have grossly misrepresented)
- As a reminder the check for the course is payable to NSSTA NOT University of Notre Dame.
I'll leave the readers to digest all of the evidence that has been presented against the puffers to determine whether this is a mischaracterization, misrepresentation or worse.The NSSTA Bylaws state:
Article II. The Board of Directors shall have authority and shall be responsible for the supervision, control and direction of the Association. Implicit in this is the fact that the NSSTA Board of Directors has knowledge of a member of its board of directors who is not following published guidelines on the CSSC and is doing nothing visible about it. The word supervision is the key here.
Article VI Permits a Board of Director to be removed for good cause. Is continuing to decouple NSSTA from a professional credential and holding this out to the public, two months after the board on which he serves voted on the guidelines to promote the CSSC, sufficient cause to call for the removal of Jim Logan? This author opines that Logan should be suspended from the NSSTA board until he complies.
Principal VI of the NSSTA Code of Ethics calls for compliance with state and local laws. Included in those laws are truth in advertising laws.
IMPORTANT NOTICE: While this author is a member of NSSTA, the above represents his personal independent opinion based on what has been presented in this post and previous posts, his understanding of the NSSTA bylaws and code of ethics, state insurance laws and Federal truth in advertising laws. The author is not a lawyer and readers will have to draw their own conclusion.