SEC Rule 605

U.S. Securities and Exchange Commission (“SEC”) Rule 605 requires market centers to provide statistical data regarding speed and execution quality.  FIG Partners falls under an exemption from the disclosure requirement granted by the SEC. No report is due at this time.

SEC Rule 606

SEC Rule 606 requires that we report execution venues we choose on behalf of our customers who do not specify a venue, called “non-directed” orders.  Please see FIG’s report on routing practices here:  http://sungard.com/ptc

Upon request, FIG Partners shall disclose to its customer the identity of the venue to which the customer’s orders were routed for execution in the six months prior to the request, whether the orders were directed orders or non-directed orders, and the time of the transactions, if any, that resulted from such orders.