Bley Investment Group, Inc. is required to prepare and make publicly available a quarterly report that identifies the significant venues to which routed clients´ orders for execution during the preceding quarter. The report provides information on the routing of “Non-directed orders,” Which is generally defined as any order that the client has not specifically instructed to be routed to a particular venue for execution, as well as the nature of Bley Investment Group, Inc. relationship with such venue, including the existence of any payment for order flow arrangement. Rule 606 reports only cover equity orders with a market value of less than $200,000 and option orders with a market value of less than $50,000. In accordance with Rule 606, the updated report is made available on a quarterly basis through Bley Investment Group, Inc. website at www.bleyinvestments.com. In addition, upon a client´s request, Bley Investment Group, Inc. will provide information about the particular venue and time of execution of a any client orders for the (6) months preceding the request.
Bley Investment Group, Inc. is currently exempt from the public posting requirement due to the SEC´s Large Exclusion and the SEC De Minimis Level of Orders Exemption. No Report is due at this time.
The information provided in these reports is not intended to and does not encompass all the factors to be considered in a best execution analysis related to order routing determinations.
Although Bley Investment Group, Inc., has used commercially reasonable efforts to provide accurate information, the data is provided to you on an “as is” basis. Bley Investment Group, Inc specifically disclaims all warranties express or implied with respect to the information.
The information on 606 reporting may be subject to change at any time.
Information provided by Saxony Securities, Inc. and Pershing LLC is their own.