Final answer:
The CFP Board requires certificants to complete 30 hours of continuing education credits every two years. This includes a mandatory 2-hour program on professional standards and ethics. The remaining credits should cover a range of financial planning topics to ensure comprehensive knowledge.
Step-by-step explanation:
The correct statement that describes the Certified Financial Planner (CFP) Board's continuing education (CE) requirements is that certificants must obtain 30 hours of CE credits every two years (which is not one of the provided options). However, the closest correct statement from the provided options is A. Certificants must obtain 30 hours of CE credits every three years. In fact, CFP professionals must complete at least 30 hours of CE every two years. Included in the 30 hours, certificants must also complete a 2-hour program on the CFP Board's Standards of Professional Conduct, which may be covered in option B. Option C incorrectly states the time period as every two years and narrows the subject areas to just investment planning and retirement planning. Option D incorrectly suggests that all 30 hours can be earned in one subject area, whereas the CE requirements involve various topics including the mandatory ethics component.
It is important for CFP professionals to keep up-to-date with the specific CE requirements as these may change and thus, they should always refer to the latest regulations from the CFP Board to ensure compliance.