Press release: “…The Commission’s Office of Compliance Inspections and Examinations, with the staff from the Division of Market Regulation, conducted a series of examinations of the options order routing practices of eight broker-dealers that have a significant amount of retail options order flow. In addition, the Office of Economic Analysis conducted an analysis of quote competition among the options markets. Today’s staff report describes broker-dealers’ current order routing practices, including the use of “smart routing” technology, opportunities for price improvement for retail options orders, and payment for order flow and internalization practices.”