Full text of CION SECURITIES, LLC's X-17A-5 filed 2024-02-26 (period 2023-12-31). Broker-dealer annual report from SEC EDGAR — readable, searchable, and available as markdown for AI agents.
{0}------------------------------------------------  # STATEMENT OF FINANCIAL CONDITION CION Securities, LLC (A wholly-owned subsidiary of CION Investment Group, LLC) Year Ended December 31, 2023 With Report of Independent Registered Public Accounting Firm {1}------------------------------------------------ Year Ended December 31, 2023 #### Contents | Facing Page and Oath or Affirmation | |--------------------------------------------------------------| | Report of Independent Registered Public Accounting Firm<br>1 | #### Financial Statements | Statement of Financial Condition<br>2 | | |------------------------------------------------|--| | Notes to Statement of Financial Condition<br>3 | | {2}------------------------------------------------  #### **Report of Independent Registered Public Accounting Firm** Managing Member CION Securities, LLC #### **Opinion on the Financial Statement** We have audited the accompanying statement of financial condition of CION Securities, LLC (the Company) as of December 31, 2023, and the related notes (collectively, 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** 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 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. The Company is not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting. As part of our audit, we are required to obtain an understanding of internal control over financial reporting but not for the purpose of expressing an opinion on the effectiveness of the Company'…Read the full text as markdown