Securities Equity Group (SEC Rule 606)

The Securities and Exchange Commission (SEC) adopted Rule 606 of Regulation NMS that requires broker-dealers, such as Securities Equity Group, to disclose information on order routing practices.

As an introducing broker-dealer, Securities Equity Group ( SEG ) exclusively routes all orders in Rule 606 reportable securities to its clearing broker, National Financial Services, LLC ( NFS ) for order routing. NFS presents this through quarterly reports, broken out by month, that illustrate an overview of order routing practices and the relationship between certain venues where orders are routed.

NFS may not be the ultimate execution venue for such orders, and these orders may be further routed to other execution venues. NFS is required to seek best execution for these orders. NFS receives renumeration (i.e. payment for order flow) for directing orders to particular broke-dealers or market centers for execution. SEG does NOT share in such payments. SEG does NOT direct, select or control the execution venues to which NFS routes Rule 606 reportable securities for execution. SEG performs regular and rigorous review of the execution quality for orders routed to NFS.

Since SEG adopts its clearing broker, NFS s Rule 606(a) reports by reference,
PLEASE CLICK HERE to view the most recent quarterly reports compiled by NFS.

ARCHIVED REPORTS (2020 to 2025
 
Our 606 Reports for our affiliated company SEG (Securities Equity Group) are available below in multiple formats.
( 3 formats below:  PDF format for easy reading - zoom in as needed   |  XLSX format - for Excel Spreadsheets   |  XML format )


3rd Quarter 2025 606 Report
 PDF format  |  XLSX format  |  XML format

2nd Quarter 2025 606 Report
 PDF format  |  XLSX format  |  XML format

1st Quarter 2025 606 Report
 PDF format  |  XLSX format  |  XML format

4th Quarter 2024 606 Report
 PDF format  |  XLSX format  |  XML format

3rd Quarter 2024 606 Report
 PDF format  |  XLSX format  |  XML format

2nd Quarter 2024 606 Report
 PDF format  |  XLSX format  |  XML format

1st Quarter 2024 606 Report
 PDF format  |  XLSX format  |  XML format

4th Quarter 2023 606 Report
 PDF format  |  XLSX format  |  XML format

3rd Quarter 2023 606 Report
 PDF format  |  XLSX format  |  XML format

2nd Quarter 2023 606 Report
 PDF format  |  XLSX format  |  XML format

1st Quarter 2023 606 Report
 PDF format  |  XLSX format  |  XML format

4th Quarter 2022 606 Report
 PDF format  |  XLSX format  |  XML format

3rd Quarter 2022 606 Report
 PDF format  |  XLSX format  |  XML format

2nd Quarter 2022 606 Report
 PDF format  |  XLSX format  |  XML format

1st Quarter 2022 606 Report
 PDF format  |  XLSX format  |  XML format

4th Quarter 2021 606 Report
 PDF format  |  XLSX format  |  XML format

3rd Quarter 2021 606 Report
 PDF format  |  XLSX format  |  XML format

2nd Quarter 2021 606 Report
 PDF format  |  XLSX format  |  XML format

1st Quarter 2021 606 Report
 PDF format  |  XLSX format  |  XML format

4th Quarter 2020 606 Report
 PDF format  |  XLSX format  |  XML format

3rd Quarter 2020 606 Report
 PDF format  |  XLSX format  |  XML format

2nd Quarter 2020 606 Report
 PDF format  |  XLSX format  |  XML format

2nd Quarter 2020 606 Report
 PDF format  |  XLSX format  |  XML format