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Short Take: E*Trade COO sells $9.7 million in shares

Kathy Levinson, president and chief operating officer of E*Trade, plans to sell 200,000 shares of the company's stock, according to documents filed with the Securities and Exchange Commission. The shares are worth about $9.7 million at today's closing price of 48.5625.

Kathy Levinson, president and chief operating officer of E*Trade, plans to sell 200,000 shares of the company's stock, according to documents filed with the Securities and Exchange Commission. The shares are worth about $9.7 million at today's closing price of 48.5625.