SEC Rule 606 Report - Sterne, Agee & Leach, Inc - 3rd Qtr, 2009
(Percentages of Total Non-Directed Orders Routed to Individual Route Venues)

Securities Listed on New York Stock Exchange
Route VenuesTotal (%)Market (%)Limit (%)Other (%)
Total (%)100 57 11 33
UBS Securities LLC 83 99 25 72
Bats Trading Inc 9 0 74 4
100% of total customer orders were non-directed orders.

Securities Listed on The Nasdaq Stock Market
Route VenuesTotal (%)Market (%)Limit (%)Other (%)
Total (%)100 50 13 37
UBS Securities LLC 66 85 29 52
Sterne, Agee & Leach Inc. 19 14 19 27
Bats Trading Inc 8 0 51 4
100% of total customer orders were non-directed orders.

Securities Listed on NYSE Amex or Regional Exchanges
Route VenuesTotal (%)Market (%)Limit (%)Other (%)
Total (%)100 52 12 36
UBS Securities LLC 80 89 30 84
Auto Trading Desk Fin Svc 9 11 3 9
Bats Trading Inc 9 0 67 2
100% of total customer orders were non-directed orders.

Exchange-Listed Options
  No Covered Orders


Material Aspects of Relationship with Route Venues
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