FINRA Bars Former LPL Broker for Refusing to Participate in Investigation
The Financial Industry Regulatory Authority has barred a former LPL Financial broker for refusing to provide documents and on-the-record testimony to the regulators following his termination from LPL.
The Financial Industry Regulatory Authority has barred a former LPL Financial broker for refusing to provide documents and on-the-record testimony to the regulators following his termination from LPL.
Louis Mark Miller spent four years at LPL prior to his termination in December 2017 for “improperly exercising discretion in customer accounts without prior written authorization.”
In connection with its investigation, FINRA claims that Miller failed to comply with multiple enforcement requests, to appear and provide documents, information and testimony, which is a violation of FINRA rules.
Miller entered the securities industry in 1998 with Prudential Securities, where he was registered as a general securities representative. He was subsequently registered with Wells Fargo Advisors from July 2003 until November 2013.
Miller consented to the bar without admitting or denying the allegations.
