Disclosure Information:

Vanguard Capital
777 South Highway 101, Ste 204
Solana Beach, CA 92075

Vanguard Capital's Business Continuity Disclosure Summary Statement

SEC-Required Report on Routing of Customer Orders

Vanguard Capital has provided the link below pursuant to a U.S. Securities and Exchange Commission rule requiring all brokerage firms to make publicly available quarterly reports on their order routing practices.

The report provides information on the routing of “non-directed orders” - any order that the customer has not specifically instructed to be routed to a particular venue for execution. For these non-directed orders, Vanguard Capital has selected the execution venue on behalf of its customers. The report is divided into four sections: one for securities listed on the New York Stock Exchange, one for securities listed on the Nasdaq Stock Market, one for securities listed on the American Stock Exchange or regional exchanges, and one for exchange-listed options. For each section, this report identifies the venues most often selected by Vanguard Capital, sets forth the percentage of various types of orders routed to the venues, and discusses the material aspects of Vanguard Capital’s relationship with the venues.

Vanguard Capital has provided the link below concerning the routing of order flow ("the Data") through this website. Vanguard Capital has used commercially reasonable efforts to provide accurate Data. The Data is believed to be reliable but no representation is made as to accuracy or completeness.

 

Material Aspects of Relationship with Venue:

Pershing

Vanguard Capital directs its order flow to Pershing for execution. Vanguard Capital receives NO payments for directing order flow to Pershing. Vanguard Capital regularly reviews reports for quality of execution purposes. To view Vanguard Capital’s most recent SEC disclosure information, click here and enter “Vanguard Capital.”