Legal Notice Rule 606
SEC Required Disclosure - Routing of Customer Orders
Under SEC Rule 606, broker-dealers that route customer orders in equity and option securities are required to make publicly available quarterly reports that, among other things, identify the venues to which customer orders are routed for execution. In addition, broker-dealers are required to disclose to customers, upon request, the venues to which their individual orders were routed.
T.S. Phillips Investments, Inc. directs its order flow to its clearing broker, First Clearing Corporation LLC, for routing and execution. T.S. Phillips Investments, Inc. does not receive compensation for directing order flow to First Clearing.
To view First Clearing’s 606 statistical report of its order routing practices, please access the link below:
To obtain information about the routing of a specific order executed within the past six months, please send your written request to Sharon Allman, Assistant Compliance Officer, at the address below.
T.S. Phillips Investments, Inc.