# HUNTINGTON SECURITIES, INC. X-17A-5 (2024-02-29) — Broker-dealer annual report

- Company: HUNTINGTON SECURITIES, INC.
- Form: X-17A-5
- Filed: 2024-02-29
- Period: 2023-12-31
- Accession: 0000049303-24-000009
- CIK: 49303
- File #: 8-05761
- Type: Broker-dealer
- Material weakness: No
- Auditor: PricewaterhouseCoopers LLP
- Auditor location: Chicago, IL
- Contact: Katherine Herbert
- Phone: 614-331-1428
- Email: katherine.herbert@huntington.com
- Website: huntington.com
- Signed by: Katherine E. Herbert (Controller)

Original filing: https://www.sec.gov/Archives/edgar/data/49303/000004930324000009/HSIPublicReport123123.pdf

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# Huntington Securities, Inc.

(A Wholly Owned Subsidiary of Huntington Bancshares Incorporated)

Statement of Financial Condition as of December 31, 2023 and Report of the Independent Registered Public Accounting Firm

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### HUNTINGTON SECURITIES, INC.

### (A Wholly Owned Subsidiary of Huntington Bancshares Incorporated)

### TABLE OF CONTENTS

|                                                          | Page |
|----------------------------------------------------------|------|
| Report of Independent Registered Public Accounting Firm  | C    |
| Statement of Financial Condition as of December 31, 2023 | б    |
| Notes to Financial Statement                             |      |

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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20

| SURNITISSION<br>0549 | Expires: Nov. 30, 2026<br>Estimated average bur<br>hours per response: |  |
|----------------------|------------------------------------------------------------------------|--|
| RTS                  | SEC FILE NUMBE                                                         |  |

# ANNUAL REPO FORM X-17A-5 PART III

| stimated average burden  |  |  |  |
|--------------------------|--|--|--|
| ours per response:<br>12 |  |  |  |
|                          |  |  |  |
| SEC FILE NUMBER          |  |  |  |
| 8-05761                  |  |  |  |

OMB APPROVAL

OMB Number: 3235-0123

FACING PAGE Information Required Pursuant to Rules 17a-5, 17a-12, and 18a-7 under the Securities Exchange Act of 1934

| ing for the period beginning 01/01/2023 |          | AND ENDING 12/31/2023 |
|-----------------------------------------|----------|-----------------------|
|                                         | MM/DD/YY | MM/DD/YY              |

A. REGISTRANT IDENTIFICATION

NAME OF FIRM: Huntington Securities, Inc.

TYPE OF REGISTRANT {check all applicable boxes):

@ Broker-dealer - O Security-based swap dealer - D Major security-based swap participant Check here if respondent is also an OTC derivatives dealer

ADDRESS OF PRINCIPAL PLACE OF BUSINESS: (Do not use a P.O. box no.)

# 41 South High Street

|                                                                                                                         | (No. and Street)               |                                  |  |  |
|-------------------------------------------------------------------------------------------------------------------------|--------------------------------|----------------------------------|--|--|
| Columbus                                                                                                                | OH                             | 43215                            |  |  |
| (City)                                                                                                                  | (State)                        | (Zip Code)                       |  |  |
| PERSON TO CONTACT WITH REGARD TO THIS FILING                                                                            |                                |                                  |  |  |
| Katherine E Herbert                                                                                                     | 614-331-1428                   | katherine.herbert@huntington.com |  |  |
| (Name)                                                                                                                  | (Area Code - Telephone Number) | (Email Address)                  |  |  |
|                                                                                                                         | B. ACCOUNTANT IDENTIFICATION   |                                  |  |  |
| INDEPENDENT PUBLIC ACCOUNTANT whose reports are contained in this filing*<br>Pricewaterhouse Coopers LLP                |                                |                                  |  |  |
| (Name - if individual, state last, first, and middle name)                                                              |                                |                                  |  |  |
| One North Wacker Drive                                                                                                  | Chicago                        | 60606                            |  |  |
| (Address)                                                                                                               | (City)                         | (State)<br>(Zip Code)<br>238     |  |  |
| (PCAOB Registration Number, if applicable)<br>(Date of Registration with PCAOB)(if applicable)<br>FOR OFFICIAL USE ONLY |                                |                                  |  |  |

\* Claims for exemption from the requirement that the annual reports of an independent public accountant must be supported by a statement of facts and circumstances relied on as the basis of the exemption. See 17 CFR 240-17a-5(e)(1)(ii), if applicable.

Persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

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#### OATH OR AFFIRMATION

| Katherine E. Herbert                                                   | swear (or affirm) that, to the best of my knowledge and belief, the                                                     |
|------------------------------------------------------------------------|-------------------------------------------------------------------------------------------------------------------------|
| tinancial report pertaining to the firm of Huntington Securities, Inc. | , as of                                                                                                                 |
| 12/31                                                                  | , 2 023 __ is true and correct. I further swear (or affirm) that neither the company nor any                            |
|                                                                        | partner, officer, director, or equivalent person, as the case may proprietary interest in any account classified solely |
| as that of a customer.                                                 |                                                                                                                         |
| State of Ohio, Franksin County                                         |                                                                                                                         |
| Sworn to or affirmed and subscribed betore me by                       | Signature;                                                                                                              |
| Kathern E. He Bert on Fabruary 5th 2024                                | Title:                                                                                                                  |
|                                                                        | Controller                                                                                                              |
|                                                                        |                                                                                                                         |
| Notary Public                                                          | MATTHEW BENJAN                                                                                                          |

#### This filing\*\* contains (check all applicable boxes):

- (a) Statement of financial condition.
- □ {b} Notes to consolidated statement of financial condition.
- (c) Statement of income (loss) or, if there is other comprehensive income in the period(s) presented, a statement of comprehensive income (as defined in § 210.1-02 of Regulation S-X).
- = (d) Statement of cash flows.

- (e) Statement of changes in stockholders' or partners' or sole proprietor's equity.
- □ (f) Statement of changes in liabilities subordinated to claims of creditors.
- (g) Notes to consolidated financial statements.
- (h) Computation of net capital under 17 CFR 240.15c3-1 or 17 CFR 240.18a-1, as applicable.
- [i) Computation of tangible net worth under 17 CFR 240.18a-2.
- {}} Computation for determination of customer reserve requirements pursuant to Exhibit A to 17 CFR 240.15c3-3.
- □ (k) Computation for determination of security-based swap reserve requirements pursuant to Exhibit B to 17 CFR 240.15c3-3 or Exhibit A to 17 CFR 240.18a-4, as applicable.
- □ (l) Computation for Determination of PAB Requirements under Exhibit A to § 240.15c3-3.
- □ (m) Information relating to possession or control requirements for customers under 17 CFR 240.15c3-3.
- □ (n) Information relating to possession or control requirements for security-based swap customers under 17 CFR 240.15c3-3(p)(2) or 17 CFR 240.18a-4, as applicable.
- worth under 17 CFR 240.15c3-1, 17 CFR 240.18a-2, or 17 CFR 240.18a-2, as applicable, and the reserve requirements under 17 CFR 240.15c3-3 or 17 CFR 240.18a-4, as applicable, if material differences exist, or a statement that no material differences exist.
- □ (p) Summary of financial data for subsidiaries not consolidated in the statement of financial condition.
- = (q) Oath or affirmation in accordance with 17 CFR 240.17a-5, 17 CFR 240.17a-12, or 17 CFR 240.18a-7, as applicable.
- □ (r) Compliance report in accordance with 17 CFR 240.17a-5 or 17 CFR 240.18a-7, as applicable.
- □ (s) Exemption report in accordance with 17 CFR 240.17a-5 or 17 CFR 240.18a-7, as applicable.
- □ (t) Independent public accountant's report based on an examination of the statement of financial condition.
- (u) Independent public accountant's report based on an examination of the financial statements under 17 CFR 240.17a-5, 17 CFR 240.18a-7, or 17 CFR 240.17a-12, as applicable.
- O (v) Independent public accountant's report based on an examination of certain statements in the compliance report under 17 CFR 240.17a-5 or 17 CFR 240.18a-7, as applicable.
- | (w) Independent public accountant's report based on a review of the exemption report under 17 CFR 240.17a-5 or 17 CFR 240.18a-7, as applicable.
- | as applicable.
- □ (y) Report describing any material inadequacies found to existed since the date of the previous audit, or a statement that no material inadequacies exist, under 17 CFR 240.17a-12(k).
- O (z) Other:
- \*\*To request confidential treatment of certain portions of this filing, see 17 CFR 240.17a-5(e)(3) or 17 CFR 240.18a-7(d)(2), as applicable.

Notary Public, State of Onlo My Comm. Expires 08/29/2024 Recorded in Fairfield County

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![](_page_4_Picture_0.jpeg)

### **Report of Independent Registered Public Accounting Firm**

To the Board of Directors and Shareholder of Huntington Securities, Inc.

#### *Opinion on the Financial Statement – Statement of Financial Condition*

We have audited the accompanying statement of financial condition of Huntington Securities, Inc. (the "Company") as of December 31, 2023, including the related notes (collectively referred to as the "financial statement"). In our opinion, the financial statement presents fairly, in all material respects, the financial position of the Company as of December 31, 2023 in conformity with accounting principles generally accepted in the United States of America.

#### *Basis for Opinion*

The financial statement is the responsibility of the Company's management. Our responsibility is to express an opinion on the Company's financial statement based on our audit. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and are required to be independent with respect to the Company in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.

We conducted our audit of this financial statement in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statement is free of material misstatement, whether due to error or fraud.

Our audit included performing procedures to assess the risks of material misstatement of the financial statement, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statement. Our audit also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statement. We believe that our audit provides a reasonable basis for our opinion.

&ROXPEXV2KLR February , 2024

We have served as the Company's auditor since 2018.

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| 3@7D/B7D3/AA3BA                                            | <br>     |
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{10}------------------------------------------------

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{11}------------------------------------------------

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{12}------------------------------------------------

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{13}------------------------------------------------

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{14}------------------------------------------------

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|                                                             | #7<7;C;"3/A3 |
|-------------------------------------------------------------|--------------|
| %>3@/B7<5:3/A31=AB                                          | <br><br>     |
| )6=@B<br>B3@;:3/A31=AB                                      | <br>K        |
| *=B/::3/A31=AB                                              | <br><br>     |
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| -3756B32/D3@/5327A1=C<B@/B3                                 |              |
| %>3@/B7<5:3/A3A                                             |              |

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{15}------------------------------------------------

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{16}------------------------------------------------

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{17}------------------------------------------------

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{18}------------------------------------------------

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{19}------------------------------------------------

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