The CBOE disciplined a former exchange member.

Philip S. Wilson was permanently barred from Chicago Board of Options Exchange membership and association with exchange members. He was found by the exchange’s business conduct committee and board of directors to have violated two exchange rules. One pertains to just and equitable principles of trade, the other to adherence to federal securities law. He also was found guilty of violating the anti-fraud provisions of the Securities Exchange Act of 1934.