Securities and Exchange Commission Rule ("SEC") 605 requires market centers that trade national market system securities to make available to the public monthly electronic reports that include uniform statistical measures of execution quality.
SEC Rule 606 requires broker-dealers that route orders in certain equity and option securities to make publicly available quarterly reports that present a general overview of their routing practices. Based on the SEC's requirements, these statistics capture only a portion of Morgan Keegan's order flow.
We have made every attempt to prepare these statistics in compliance with the SEC's Rules. However, these statistics have not been independently audited and may contain errors. Accordingly, any decision about whether to open an account or to direct orders to Morgan Keegan should not be based solely on these statistics, but on an evaluation of the full range of services that we provide.
