Best Execution

Ladenburg’s order executions and statistical measures of customer execution quality can be viewed at https://private.tagaudit.com/do/display?page=Rules&rule=5&mpid=ltco OR https://private.tagaudit.com/do/display?page=Rules&rule=6&mpid=ltco and click on the SEC Rule 605 Statistic Lookup button located on that page. Specific information regarding a particular transaction can be provided upon request.

Quarterly reports that disclose the executing venues for routed orders can be viewed at:

www.ladenburg.com/trading.asp and click on SEC Rule 606 Statistic Lookup bottom located on that page.