SEC Rule 606

SEC Rule 606 Reports

Routing of Customer Orders

SEC Rule 606 requires all broker-dealers that route orders in equity and option securities to make available quarterly reports on the routing venues used for non-directed orders. Non-directed orders are orders which a customer has not specifically identified a particular venue for execution.

Bancroft Capital introduces equity and options transactions on a fully-disclosed basis to Pershing LLC (“Pershing”). For any non-directed orders, Pershing will select the execution venue on behalf of customers. Information for Pershing’s order routing practices can be viewed at Use “Bancroft Capital, LLC” as the Broker-Dealer’s Full Name.

June 2018