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Pursuant to the Securities Act of 1934, Rule 606, investment firms are required to disclose the venues (place of execution) used for customer orders. James I. Black & Company directs customer exchange listed orders through Cheever's Securities on the Chicago Stock Exchange, customer OTC orders directly with the registered market makers, or through the NITE Global Trading Center, and options through Pershing & Co. for the various options exchanges. The details of the executions are available at each month end upon written request. Our goal has always been to provide the best possible executions for our customer’s orders.
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