SEC Rule 606 Reports – Disclosure of Order Routing Information

First Ballantyne, LLC (FBLT) is required to publish quarterly statistics regarding certain customer order routing practices. The purpose of the report is to provide the public with information on how broker-dealers route their customers’ orders, to enable customers (and others) to evaluate order routing practices. The Rule was adopted by the SEC to enhance market transparency and foster competition among market participants. This information is available on the internet at the following link. The report is published by the end of the month following the calendar quarter reported.

FBLT is a FINRA member introducing firm that routes all its customer orders to one clearing firm (Wedbush Securities) for further routing and execution. Per FINRA guidance, FBLT has adopted its clearing firm’s Rule 606(a) reports by reference. The reports found in the below links contain statistical information about our clearing firm’s routing practices for held, non-directed orders in NMS equity securities and options.