Disclosure of Order Routing Practices (SEC Rule 606)

The U.S. Securities and Exchange Commission’s Rule 606 requires brokers that route equity and option orders to make available quarterly reports (broken out by month) that provide statistical details regarding their routing practices.  The report details the market centers (e.g., exchanges, market makers or alternative trading systems) that brokers route to and the material aspects of the brokers’ relationship with those market centers.   

For information on Transamerica Financial Advisors routing of nondirected orders in equity and option securities and the latest report for Rule 606 Order Routing Disclosure please click here.