Full text of MAINE SECURITIES CORPORATION's X-17A-5 filed 2026-05-19 (period 2025-12-31). Broker-dealer annual report from SEC EDGAR — readable, searchable, and available as markdown for AI agents.
{0}------------------------------------------------ # MAINE SECURITIES CORPORATION REPORT PURSUANT TO RULE 17a-5(d) YEAR ENDED DECEMBER 31, 2025 {1}------------------------------------------------ # MAINE SECURITIES CORPORATION Statement of Financial Condition December 31, 2025 # ASSETS | Cash and cash equivalents | \$ 565,057 | |----------------------------------------------------|-----------------| | Advisory fees receivable<br>Commissions receivable | 68,829<br>2,276 | | Securities, at fair value | 444,731 | | Deposit with clearing organization | 25,000 | | Prepaid expenses | 2,750 | | | | | Total assets | \$ 1,108,643 | | | | # LIABILITIES AND STOCKHOLDERS' EQUITY | Liabilities<br>Accounts payable<br>Deferred taxes<br>Commissions payable<br>Related party payable | \lt;br>17,614<br>55,632<br>281<br>210,855 | |------------------------------------------------------------------------------------------------------|------------------------------------------| | Total liabilities | 284,382 | | Shareholders' equity<br>Common stock, 100,000 shares<br>authorized with \$1.00 par value, 100 shares | | | issued and outstanding<br>Additional paid-in capital<br>Retained earnings | 100<br>339,553<br>484,608 | | Total shareholders' equity | 824,261 | | Total liabilities & shareholders' equity | \$ 1,108,643 | The accompanying notes are an integral part of these financial statements. {2}------------------------------------------------ ### Maine Securities Corporation Exemption Report Maine Securities Corporation (the "Company") is a registered broker to Rule 17a-5 promulgated by the Securities and Exchange Commission (17 C.F.R. §240.17a-5, "Reports to be made by certain brokers"). This Exemption Report was prepared as required by 17 C.F.R. §240.17a-5(d)(1) and (4). To the best of its knowledge and belief, the Company states the following: - (1) The Company claimed an exemption from 17 C.F.R. §240.15c3-3 under the following provisions of 17 C.F.R. §240.15c3-3(k)(2)(ii). - (2) The Company met the identified exemption provisions in 17 C.F.R. §240.15c3-3(k) throughout the most recent fiscal year without exception. - (3) The Company is considered "Non-Covered Firm" exempt from 17 C.F.R. §240.15c3-3 and is filing an Exemption Report relying on footnote 74 to SEC Release 34-70073, and as discussed in Q&A 8 of the related FAQ issued by the SEC staff. The Company limits its business activities exclusively to: (1) acting as a mutual fund retailer (2) acting as a broker or dealer se…Read the full text as markdown