Defendant Name:
Thomas E. Stern
Defendant Type:
Individual
Initial Case Details
Legal Case Name
In the Matter of optionsXpress, Inc., Thomas E. Stern, and Jonathan I. Feldman
First Document Date
16-Apr-2012
Initial Filing Format
Administrative Action
File Number
3-14848
Allegation Type
Broker Dealer
Affiliations
- Former: Director—No Specific Position Named in Document at optionsXpress, Inc. (2007—2009)
- Former: CFO at optionsXpress, Inc.
Violations Alleged
•
Sec 17(a) (Not specified)
Related Violations Alleged
Thomas E. Stern is alleged to have aided and abetted
Jonathan I. Feldman's violation of Sec 10(b) + Rule 10b-5 of the Exchange Act (willfully/knowingly).
Thomas E. Stern is alleged to have caused
Jonathan I. Feldman's violation of Sec 10(b) + Rule 10b-5 of the Exchange Act.
Thomas E. Stern is alleged to have aided and abetted an unidentified individual or entity's violation of Sec 10(b) + Rule 10b-5 of the Exchange Act.
Thomas E. Stern is alleged to have caused an unidentified individual or entity's violation of Sec 10(b) + Rule 10b-5 of the Exchange Act.
Thomas E. Stern is alleged to have aided and abetted
Jonathan I. Feldman's violation of Sec 17(a) (Not specified) of the Securities Act (willfully/knowingly).
Thomas E. Stern is alleged to have caused
Jonathan I. Feldman's violation of Sec 17(a) (Not specified) of the Securities Act.
Thomas E. Stern is alleged to have aided and abetted an unidentified individual or entity's violation of Sec 17(a) (Not specified) of the Securities Act.
Thomas E. Stern is alleged to have caused an unidentified individual or entity's violation of Sec 17(a) (Not specified) of the Securities Act.
Thomas E. Stern is alleged to have aided and abetted
optionsXpress, Inc.'s violation of Rule 204, 204T Regulation SHO (willfully/knowingly).
Thomas E. Stern is alleged to have aided and abetted
Jonathan I. Feldman's violation of Rule 10b-21 Exchange Act (willfully/knowingly).
Thomas E. Stern is alleged to have caused
optionsXpress, Inc.'s violation of Rule 204, 204T Regulation SHO.
Thomas E. Stern is alleged to have caused
Jonathan I. Feldman's violation of Rule 10b-21 Exchange Act.
Thomas E. Stern is alleged to have aided and abetted an unidentified individual or entity's violation of Rule 10b-21 Exchange Act; Rule 204 Regulation SHO.
Thomas E. Stern is alleged to have caused an unidentified individual or entity's violation of Rule 10b-21 Exchange Act; Rule 204 Regulation SHO.
Resolutions
Bars:
- Bar on association with a broker, dealer, investment adviser, municipal securities dealer, municipal advisor, transfer agent, or nationally recognized statistical rating organization (of permanent duration)
- Bar from participating in any penny stock offering (of permanent duration)
- Prohibited from serving in various capacities for an advisory board, investment adviser or depositor of, or principal underwriter for, a registered investment company or affiliated person of such investment adviser, depositor, or principal underwriter (of permanent duration)
First Resolution Date
07-Jun-2013
Headline Total Penalty and Disgorgement
$4,131,719
Other Defendants in Action:
