Thomas E. Stern
Thomas E. Stern is the former Chief Financial Officer of optionsXpress, Chief Administrative Officer of optionsXpress Holdings (the public company); President and Chief Executive Officer, Chief Compliance Officer and Director of optionsXpress International, Inc., Chief Financial Officer and Director of brokersXpress, LLC; and Chief Financial Officer, Secretary, Director, and Chief Compliance Officer of OX Trading, LLC. 
He is a board member of the Options Clearing Corporation (“OCC”).
At optionsXpress International, he oversaw the development of all of the firm's international business including registered companies in Europe, Singapore, Australia and Canada. He is also chief administrative officer of the public company, optionsXpress Holdings (NASDAQ: OXPS) and CFO of optionsXpress and brokersXpress, two primary brokerage firms.
In April 2012, the Securities Exchange Commission charged Stern and optionsXpress in an alleged naked short selling scheme. The SEC also charged Stern and the company with violating securities laws when it continued trading after delisting from the Chicago Board Options Exchange and deregistering with the SEC, apparently to avoid an audit. 
His experience includes the management of retail brokerages - both full service and online - with product offerings running the gamut, including stocks, bonds, mutual funds, options and futures. Additionally, he has been a member of securities and futures exchanges and personally was a registered market maker in stocks and options.
Stern was formerly a member of the “Board” of the Options Industry Council (OIC) (the “Roundtable”) and the Nominating Committee of OCC. He is a member of the Ontario District Council, the governing securities board for Ontario, Canada, a panel chairman for the Chicago Board Options Exchange’s Arbitration Committee and a qualified chairperson for FINRA Arbitration Panels.
JLN News Feed
Alarm Bells Ringing in Options Market Point to Volatility Ahead; Money Stuff: You Can’t Just Call Loans Options
CME Group Announces Resignation of Alex J. Pollock from Its Board of Directors to Accept Senior Position with the U.S. Treasury
Nasdaq Announces End-of-Month Open Short Interest Positions in Nasdaq Stocks as of Settlement Date October 31, 2019
[JPX,TSE,OSE,JPX-R,JSCCJPX Monthly Headlines - October 2019]
We visit more than 100 websites daily for financial news (Would YOU do that?). Read the John Lothian Newsletter.