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SEC Charges Ox Trading, optionsXpress, and Former CFO With Registration Violations

The SEC today charged a Chicago-based securities dealer affiliated with online brokerage firm optionsXpress with violating the registration provisions of the securities laws when it continued trading operations after delisting from the Chicago Board Options Exchange (CBOE) and deregistering with the SEC, apparently to avoid an audit.

View full release here, or link to the SEC Order (links externally to SEC website).

Tags

Regulated Activities
Registration Requirement
Regulated Entities
Adviser / CTA / CPO
Body of Law
Securities Law
Jurisdiction
US - Federal
Organization
SEC