SEC Rule 606

Pursuant to SEC Rule 606, Kensington Capital Corp. (“KCC”) is required to make publicly available a quarterly report with regard to its routing of non-directed orders.  KCC. has clearing relationships with Hilltop Securities Inc. (“Hilltop”) and Interactive Brokers LLC (“IBKR”).  The majority of customer accounts clear through Hilltop Securities Inc. and less than five active accounts clear through Interactive Brokers LLC.  KCC does not make the order routing decisions for the execution of orders on market centers and therefore will provide the link to the order routing statistics from the clearing firm(s) for your account. 

All orders for accounts that clear through Hilltop are routed to Hilltop who makes the order routing decisions for the execution of your orders.  For information on where Hilltop routes orders they receive can be found in the Order Routing Disclosure link below.

https://www.hilltopsecurities.com/hilltop-securities-inc-disclosures/order-routing-disclosure/

All orders for accounts that clear through IBKR are routed to IBKR who makes the order routing decisions for the execution of your orders.  For information on where IBKR routes orders they receive can be found in the Order Routing Disclosure link below.

https://interactivebrokers.com/en/index.php?f=563

SEC Rule 607

Pursuant to SEC Rule 607, KCC is required to disclose its Payment for Order Flow practices.  KCC does not accept payment for order flow from Hilltop, IBKR or any market center.