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.
SEC Charges OptionsXpress in Naked Short Selling Scheme
The SEC on Monday charged the Schwab-owned online options firm optionsXpress, as well as four officials at the firm and a customer, in an alleged abusive naked short selling scheme.