SEC, FINRA Enforcement Roundup: Schwab's BrokersXpress Hit With Another Fine
FINRA and the SEC recently took action against a number of firms for everything from fraud to supervisory failure that in some cases cost the firms dearly.
Schwab to Close Broker-Dealer BrokersXpress
BrokersXpress, the specialty broker-dealer owned by Schwab under OptionsXpress Holdings, reportedly told advisors and clients on Wednesday that it would shut its doors.
SEC Slaps OptionsXpress Again, This Time for Delisted Trading
This is the second spate of bad news for the company in as many days.