Info & Disclosures
SEC Rule 606 requires broker-dealers that route orders in certain equity securities to make publicly available quarterly reports that present a general overview of their routing practices. Based on the SEC's requirements, these statistics capture only a portion of Moors & Cabot's order flow.
We have made every attempt to prepare these statistics in compliance with the SEC's Rules. The required statistics are intended to provide only an overview of our order routing practices. However, these statistics have not been independently audited and may contain errors. Accordingly, any decision about whether to open an account or to direct orders to Moors & Cabot, Inc should not be based solely on these statistics, but on an evaluation of the full range of services that we provide.
USA Patriot Act Information
Below is important information about our procedures for opening an account mandated by the USA PATRIOT Act.
To help the government fight the funding of terrorism and money laundering activities, the USA PATRIOT Act, a federal law, requires all financial institutions to obtain, verify and record information that identifies each person who opens an account, including business accounts.
What this means for you:
When you open an account, we will ask for your name, address, date of birth and other information that will allow us to identify you. We may also ask to see your driver's license or other identifying documents. If you are opening an account on behalf of a business entity, documents relating to the business may also be requested.