SEC Rule 606 (formerly SEC 11Ac1-6) Administration

NYSE Equities

PERSHING LLC / PAS

Top Venues Percentage of Non-Directed Orders

Data as of 06/30/10

	Venue	Total	Total Market Orders	Total Limit Orders	Total Other Orders
1.	PERSHING LLC.	62.6 %	62.9 %	58.8 %	74.4 %
2.	KNIGHT CAPITAL MARKETS INC.	14.9 %	15.8 %	6.8 %	5.5 %
3.	AUTOMATED TRADE DESK	12.2 %	13.0 %	5.5 %	4.8 %
4.	UBS SECURITIES	6.2 %	6.4 %	4.9 %	5.0 %


	Summary Statistics	100.0 %	89.7 %	9.7 %	0.6 %

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First Quarter 2010

PERSHING ADVISOR SOLUTIONS LLC DOES NOT RECEIVE PAYMENT FOR ORDER FLOW.

INFORMATION REGARDING PERSHING LLC'S ORDER ROUTING CAN BE OBTAINED THROUGH 
WWW.PERSHING.COM.


Pershing Advisor Solutions LLC, a subsidiary of The Bank of New York Mellon 
Corporation, member FINRA, SIPC.  Clearing, custody, or other brokerage 
services may be provided by Pershing LLC, member FINRA, NYSE, SIPC.  Pershing 
Advisor Solutions relies on its affiliate Pershing to provide execution 
services.  Trademark(s) belong to their respective owners.

Disclosure of Order Routing Practices web site supported by Pershing LLC