The Certified Financial Planner Board of Standards has revoked the right of five financial advisors to use the CFP designation for failing to answer board complaints against them including a former Wisconsin state representative who was convicted of sexual assault.

William F. Kramer of Waukesha, Wis., was convicted of a 4th degree sexual assault charge stemming from a 2011 incident at a Republican gathering where he inappropriately touched a legislative staffer, according to the Milwaukee, Wis., Journal Sentinal.The CFP Board has now revoked his right to use the CFP mark as a result of the conviction.

The revocations were among disciplinary actions taken against 20 CFP designees. The other following advisors had their right to use the CFP designation revoked:

• Lance J. Ziesemer of Wayzata, Minn., for allegedly selling clients unsuitable investments using an unsuitable trading strategy, churning his client’s accounts, executing unauthorized transactions in his client’s accounts and misrepresenting trades.

• F. Christopher Piatt of Bloomington, Minn., for allegedly completing a continuing education course and test for his partner without his partner’s knowledge and failing to disclose a 1999 misdemeanor plea on his application for registration with the state.

• Jamie D. Pope of Winter Park, Fla., for allegedly selling investments to a client that were not suitable and converting a client’s funds for his own use.

• Casaline Woods of Douglasville, Ga., for filing for her second bankruptcy in 2013.

The following advisors had their CFP designation suspended: 
• Michael T. Ryan of Santa Ana, Calif., was given a one-year suspension for allegedly failing to notify his broker-dealer of his outside business activities and participating in private securities transactions without providing private written notice to and obtaining prior approval from his broker-dealer.
• Dominic J. Sacca of Bloomfield Hills, Mich., was given a one-year suspension for allegedly recommending to clients an unsuitable net unrealized appreciated tax strategy given the clients’ ages and informing clients they would be able to transfer their stock without the normal taxation associated with an early individual retirement account withdrawal.
• Catherine V. Quinn of Nashville, Tenn., was given an eight-month suspension for allegedly recommending a client invest 75 percent of the client’s individual retirement account in a risky, illiquid, alternative investment; recommending the sale of interests in six unregistered real estate investment contracts to 55 of her clients; and facilitating the sale of investments without reasonable grounds to believe that the investments were suitable for her customers.

Interim suspensions pending further investigation were given to David L. Gabai of West Hills, Calif., and Patrick J. Sullivan of Loveland, Colo.

The following advisors received public letters of admonition: