On November 17, 2000, the United States Securities and Exchange Commission adopted Exchange Act Rules 11Ac1-5 and 11Ac1-6 to provide further visibility to the investing public regarding the execution quality of the securities markets and the order routing practices of registered brokerage firms.
Rule 11Ac1-5 generally requires market centers that trade national market securities to make available to the public monthly electronic reports that include uniform statistical measures of execution quality for market orders or limit orders received or executed during regular market trading hours.
Rule 11Ac1-6 generally requires broker/dealers that route customer orders in national system securities, NASDAQ SmallCap equities, and listed options to make publicly available quarterly reports that disclose venues to which they route non-directed orders. It also requires broker/dealers to disclose the nature of any relationship they have with those venues, including any payment for order flow arrangements.
A copy of this quarterly report is available to Commerce Customers by clicking on the link below. You may review the report online or obtain a copy by electing to print the report directly from the web site. You may also request a copy of our most recent quarterly report be provided, without charge, by writing us at 1000 Walnut Suite 201, Kansas City, Missouri 64106 or by phoning 816-234-2416 or 1-800-772-7283.
The report will compile order routing statistics for all Commerce Brokerage Services clients for that particular quarter. The provisions of Rule 11Ac1-6 also require Commerce Brokerage to provide, upon request, information regarding the venues to which your particular account orders were routed. Requests regarding your particular account must be made by writing us at 1000 Walnut Suite 201 Kansas City, Missouri 64106.
Information regarding your account for the prior six months is available for the following types of requests:
As customers of Commerce Brokerage Services, Inc we encourage you to review the order execution and order routing information contained in our most recent quarterly report.
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The information provided on this website is not meant as a recommendation or endorsement of any specific security or strategy. An individual’s situation can vary; therefore the information provided above should be relied upon only when coordinated with individual professional advice.
Mutual funds, annuities, and other investment products:
May lose value
No bank guarantee
Security and Advisory services provided through Commerce Brokerage Services, Inc., member FINRA, SIPC, and a registered investment advisor. Insurance products are offered through Commerce Insurance Services, Inc. Both entities are subsidiaries of Commerce Bank.
Investments in securities and insurance products are Not FDIC insured; Not Bank-Guaranteed and May Lose Value.
This site is not intended for use by, or to provide any information to, investors in any state where Commerce Brokerage Services, Inc. is not registered or in any jurisdiction outside the United States of America where such use would be prohibited or otherwise regulated. Nothing on this web site shall be considered a solicitation to buy or an offer to sell a security to any person in any jurisdiction where such offer, solicitation, purchase or sale would be unlawful under the securities laws of such jurisdiction.