Disclosure of SEC Required Order Execution and Routing Information
Sanders Morris Harris Inc. (SMH), trades National Market System Securities as a market-maker in the over-the-counter market. Pursuant to Rule 11A(c) 1-5 adopted by the Securities and Exchange Commission, SMH is presenting certain information with respect to orders executed during the preceding month. SMH is currently exempt from the reporting requirements of this rule.
Pursuant to Rule 11A(c) 1-6 adopted by the Securities and Exchange Commission, SMH is presenting certain information with respect to orders executed during the preceding quarter. You can obtain this information by accessing the link below.
Please refer to: www.orderroutingdisclosure.com
Please note that the vast majority of SMH's customer trading activity is institutional in nature. Due to the size and trading strategies employed by these customers, most institutional orders are not subject to or relevant for Rule 11A(c) 1-5 or 11A(c) 1-6 reporting.
The SEC requires that the disclosure of a market center's order execution information be made available free and readily accessible to the public via a web site.