SEC Rule 606: Disclosure of Order Routing Information

Rule 606 requires all brokerage firms to make publicly available quarterly reports, broken down by calendar month, containing certain required statistical information regarding the routing of held, non-directed customer orders in Regulation NMS stocks, as well as both held and not held, non-directed customer orders in listed options with a market value of less than $50,000. Upon request, broker-dealers also must disclose to customers the venues to which their individual orders were routed. Each customer may request a written copy of the report be mailed to them at no charge.

American Veterans Group, PBC (AVG) receives orders in Reg NMS stocks from its institutional clientele on a not held basis. AVG does not engage in options trading. As a result, AVG has no covered orders subject to quarterly reporting on its order routing practices. Upon customer request, AVG will provide a report on its handling of the customer’s orders in NMS securities that were submitted to AVG for execution for the prior six months.