SEC Rule 607 requires a broker-dealer that acts as agent for a customer to disclose, in writing, upon opening a new account and on an annual basis thereafter, the firm’s policies regarding receipt of payment for order flow and the firm’s policies for determining where to route customer orders that are the subject of payment for order flow.

In this regard, customers are asked to refer to page 2 , Item 25  - “Equity Orders and Payment For Order Flow” of their Customer Agreement.