Christopher Luther, a/k/a Chris Luther, first entered the securities industry on April 17, 2001 in LPL Financial’s Pittsburgh, PA office. Mr. Luther remained a registered representative at LPL Financial until his termination on May 21, 2012 for allegedly borrowing money from clients in violation of FINRA rules and LPL’s firm policies.
On November 12, 2012, Christopher Luther and FINRA entered into a letter of acceptance, waiver and consent, known as an AWC (No. 20120327883). According to the AWC, Luther refused to cooperate with a FINRA investigation into the details of his termination from LPL Financial. Specifically, Luther’s attorney advised FINRA that Christopher Luther saw “no reason to spend the time and financial resources necessary to respond to FINRA’s information request.” FINRA Rule 8210 requires persons associated with member firms to provide documents, information and/or testimony with respect to a FINRA investigation. By refusing to cooperate with FINRA’s investigation into his termination by LPL Financial, Mr. Luther violated these rules.
As a result of the foregoing activity, Christopher Luther consented to a bar from associating with any FINRA member firm. For more information on Mr. Luther’s termination from LPL Financial or his bar by FINRA, please visit FINRA’s website.