The Securities and Exchange Commission requires all brokerage firms, including Allen and Company of Florida, Inc., to inform their client’s as to whether such firms receive payment for order flow. Order flow refers to the process by which your orders are executed. Seeking to execute a client’s order into the best available market, a brokerage firm may execute the order as principal, or may route the order to an affiliated or non-affiliated broker-dealer or exchange specialist for execution.

Allen & Company of Florida, Inc., would like its clients to be aware that the firm does not receive any payments for order flow from any broker or dealer, national securities exchange, registered securities association or exchange member to which it routes customer’s orders for execution.

For more information please contact Allen & Company’s Compliance Officer.