Full text of SECURITY DISTRIBUTORS, LLC's X-17A-5 filed 2022-02-25 (period 2021-12-31). Broker-dealer annual report from SEC EDGAR — readable, searchable, and available as markdown for AI agents.
{0}------------------------------------------------ #### STATEMENT OF FINANCIAL CONDITION Security Distributors, LLC Year Ended December 31, 2021 SEC File Number 8-10781 With Report of Independent Registered Public Accounting Firm Statement of Financial Condition bound separately has been filed with the Security and Exchange Commission simultaneously herewith as a public document. The report is deemed CONFIDENTIAL in accordance with Rule 17a-5(e)-(3). {1}------------------------------------------------ # Statement of Financial Condition Year Ended December 31, 2021 # Contents | Report of Independent Registered Public Accounting Firm | | |---------------------------------------------------------|--| | Statement of Financial Condition | | | Notes to Financial Statements | | This report is deemed CONFIDENTIAL in accordance with Rule 17a-5(e)(3) {2}------------------------------------------------  Ernst & Young LLP 801 Grand Avenue, Suite 3000 Des Moines, IA 50309 Tel: +1 515 243 2727 ey.com ## **Report of Independent Registered Public Accounting Firm** To the Member and Board of Directors of Security Distributors, LLC #### **Opinion on the Financial Statement** We have audited the accompanying statement of financial condition of Security Distributors, LLC (the Company) as of December 31, 2021 and the related notes (the "financial statement"). In our opinion, the financial statement presents fairly, in all material respects, the financial position of the Company at December 31, 2021, in conformity with U.S. generally accepted accounting principles. #### **Basis for Opinion** This 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 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 s…Read the full text as markdown