# R.M.N. SECURITIES, INC. X-17A-5 (2026-04-30) — Broker-dealer annual report - Company: R.M.N. SECURITIES, INC. - Form: X-17A-5 - Filed: 2026-04-30 - Period: 2025-12-31 - Accession: 0000818652-26-000004 - CIK: 818652 - File #: 8-38211 - Type: Broker-dealer - Material weakness: No - Auditor: Jerome Davies, CPA P.C. - Auditor location: Marietta, GA - Contact: Richard M. Netter - Phone: 845-339-7310 - Email: richard.netter@senatesecurities.com - Website: senatesecurities.com - Signed by: Richard M. Netter (President) Original filing: https://www.sec.gov/Archives/edgar/data/818652/000081865226000004/auditannual2025.pdf --- {0}------------------------------------------------ UNITED STATES SEMURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 > ANNUAL REPORTS FORM X-17A-5 | OMB APPROVAL | | | | | |--------------------------|--|--|--|--| | OMB Nurmber: 3235-0123 | | | | | | Expires: Nov. 30, 2026 | | | | | | Estimated average burden | | | | | | hours per response: 12 | | | | | | | | | | | | SEC FILE NUMBER | | | | | 8-38211 # PART IIl FACING PAGE Information Required Pursuant to Rules 17a-5, 17a-12, and 18a-7 under the Securities Exchange Act of 1934 FILING FOR THE PERIOD BEGINNING 01/01/2025 AND ENDING 12/31/2025 MM/DD/YY MM/DD/YY A. REGISTRANT IDENTIFICATION NAME OF FIRM: RMN Securities, Inc. d/b/a Senate Securities TYPE OF REGISTRANT (check all applicable boxes): Broker-dealer Security-based swap dealer Check nere if respondent is also an OTC derivatives dealer Major security-based swap participant ADDRESS OF PRINCIPAL PLACE OF USINESS: (Do not use a P.O. box no.) 108 North Front Street | | | (No. and Street) | | | |---------------------------------------------------|--|------------------------------------------------------------|--------------------------------------------|------------| | Kingston | | NY | | 12401 | | (City) | | (State) | | (Zip Code) | | PERSON TO CONTACT WITH REGARD TO THIS FILING | | | | | | Richardd Netter | | 845-339-7310
richard.netter@senatesecurities.com | | | | (Name) | | (Area Code - Telephone Number) | (Email Address) | | | | | B. ACCOUNTANT IDENTIFICATION | | | | Jerome: Davies, CРА Р.С. | | (Name - if individual, state last, first, and middle name) | | | | 3605 Sandy Plains Roac! Suite | | Marietta | GA | 30066 | | (Address) | | (City) | (State) | (Zip Code) | | 04/25/2017 | | | 6363 | | | (Date of Regis ration with PCAOB)(if app ical le) | | | (PCAOB Registration Number, if applicable) | | | | | FOR OFFICIAL USE ONLY | | | | | | | | | | | | | | | \* Claims for exemption from the requiremen that the annual reports be covered by the 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 240.17-5(e)(1)(ii), if applicable. Persons who a re to respond to the collection of information contained in this form are not required to respond unless the form displays a curi ently valid OMB control number. {1}------------------------------------------------ #### OATH OR AFFIRMATION 1, Richard Netter | | swear (or affirm) that, to the best of my knowledge and belief, the | |-------------|----------------------------------------------------------------------------------------------------| | | financial report pertaining to the firm of RMN Securities, Inc. d/b/a Senate Securities
_ as of | | December 31 | | \_ 2025 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 be, has any proprietary interest in any account classified solely as that ofa custonier. Sastus: iref Metia Title: President #### This filing\*\* contains (check all applicable boxes): - (a) Statement of financial condition. - (b) Notes to consolidated statement of fin incial condition. - (c) Statement of income (loss) or, ifthere 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. - Π (e) Statement of changes in stockholders' r partners' or sole proprietor's equity. - (f) Statement of changes in liabilities subordinated to claims of creditors. - (g) Notes to co nsolidated financial statements. - Π (h) Computaticn 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. - (j) 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. - 미 (I) Computation for Determination of PAB Requirements under Exhibit A to § 240.15c3-3. - (m) Informaticn 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. - (o) Reconciliations, including appropriate explanations, of the FOCUS Report with computation of net capital or tangible net worth under 1.' CFR 240.15c3-1, 17 CFF 240.18a-1, 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: pplicable, 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 v ith 17 CFR 240.17a-5, 17 CFR 240.17a-12, or 17 CFR 240.18a-7, as applicable. Θ - - (r) Compliance report in accordance with 17 CFR 240.17a-5 or 17 CFR 240.18a-7, as applicable. Π (s) Exemption teport in accordance with 1:' 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 repori based on an examination of the financial report or financial statements under 17 CFR 240.17a-5, 17 CFR 240.18a-7, or 17 CFR 240.17a-12, as applicable. 미 - D (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. - Π (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. - 미 (x) Supplement al reports on applying agreed-upon procedures, in accordance with 17 CFR 240.15c3-1e or 17 CFR 240.17a-12, as applicable. - (y) Report describing any material inadequacies found to exist or found to have existed since the date of the previous audit, or a statement that no material inadequacies exist, under 17 CFR 240.17a-12(k). (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), applicable. as {2}------------------------------------------------ # RMN Securities, Inc. d/b/a Senate Securities Financial Statements and Supplemental Information December 31, 2025 (With Report of Independent Registered Public Accounting Firm) {3}------------------------------------------------ #### CONTENTS Report of Independent Registered Public Accounting Firm Financia Statements Statement of Financial Condition Statement of Operations Statement of Changes in Stockholder's Equity Statement of Cash Flows Notes to Financial Statemer ts Supplemental Information Schedule I - Computatior of Net Capital Pursuant to Rule 15c3-1 of the Securities and Exchange Commission Schedule II - Computation for Determination of Reserve Requirements and Information Relating to Possession or Control Requirements for Broker-Dealers Pursuant to Rule 15c3-3 Report of Independent Registered Public Accounting Firm on Exemption Report Exemption Report {4}------------------------------------------------ JDCPA Jcrome Davics, CPA, РС. 3605 Sandy Plains Rd. Suite 240-480 Marietta, GA 30066 (347) 512-6085 #### REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM To the Stockholder of RMN Securities, Ir c. d/b/a Senate Securities #### Opinion on the Financial Statements We have audited the accompanying stater ient of financial condition of RMN Securities, Inc. d/b/a Senate Securities (the Company) as of December 31, 2025, ard the related statements of operations, changes in stockholder's equity, and cash flows for the year then ended, and the related notes (coliectively referred to as the financial statements). In our opinion, the financial statements present faii ly, in all material respects, the financial position of RMN Securities, Inc. d/b/a Senate Securities as of December 31, 2025, and the results of its operations and its cash flows for the year then ended in conformity with accounting principles generally accepted in the United States of America. #### Basis for Opinion These financial statements are the responsibility of the Company's management. Our responsibility is to express an opinion on these financial statements 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 Coinmission and the PCAОВ. We conducted oui 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 statements are free of material misstatement, whe ther due to error or fraud. The Company is not required to have, nor were we engaged to perform, an audit of its interna 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's internail control over financial reporting. Accordingly, we express no such opinion. Our audit includel performing procedures to assess the risks of material misstatement of the financial statements, whether due to e ror or fraud, and perarming procedures that respond to those risks. Such procedures included examining, on a test basis, evidence reg ding the amounts and disclosures in the financial statements. Our audit also included evaluating the accounting princilt used and significant estimates made by management, as well as evaluating the overali presentation of the financial slate ments. We believe that our audit provides a reasonable basis for our opinion. #### Auditor's Report on Supplemental Infornmation The supplemental information contained in Schedules I and Il has been subjected to audit procedures performed in conjunction with the audit of the Company's financial statements. The supplemental information is the responsibility of the Company's management. Our audit procedures included determining whether the supplemental information reconciles to the linancial statements or the underlying accounting and other records, as applicable, and performing procedures to tes: the completeness and accuracy of the information presented in the supplemental information. In forming our opinion on the supplemental information, we evaluated whether the supplemental information, including its form and content, is presented in conformity with 17 C.F.R. §240.17a-5. In our opinion, the supplemental information contained in Schedules I and Il is fairly stated, in all material respects, in relation to the financial statements as a whole. We have served as the Company's auditor since 2025. JDin cpE Marietta, Georgia April 10, 2026 {5}------------------------------------------------ # RMN SECUFITIES, INC. d/b/a SENATE SECURITIES STATEMENT OF FINANCIAL CONDITION December 31, 2025 #### ASSETS | Cash | \$ 32,066 | |-------------------------------|-----------| | Deposits witn clearing broker | 12,282 | | Due from cle aring broker | 2,365 | | Accounts receivable | 7,647 | | Prepaid expense | 1,938 | | Security deposit | 1,900 | | Total assets | \$ 58,198 | # LIABILITIE'S AND STOCKHO DER'S EQUITY # Liabilities | Accounts payable and accrued exp enses | \$ 2,500 | |--------------------------------------------------------|-----------| | Commissions payable, officer | 9,000 | | Total liabilities | 11,500 | | Stockholder's equity | | | Capital stock: (no par value, 200 shares authorized, | | | issued and outstanding) and additional paid in capital | 19,754 | | Retained earnings | 26,944 | | Total stockholder's equity | 46,698 | | Total liabilities and stockholder's equity | \$ 58,198 | See acc on panying notes to financial statements. {6}------------------------------------------------ RMN SECURITIES, INC. d/b/a SENATE SECURITIES STATEMENT OF OPERATIONS Year ended December 31, 2025 | Revenue | | |----------------------------------|-----------| | Brokerage commis | | | sions
Distribution fees | | | Interest income | \$ 29,491 | | Total revenue | 106,702 | | | 202 | | Expenses | 136,395 | | Compensati
on | | | Clearing expen
se | | | Professional fees | 51,000 | | Occupancy | 30,000 | | Communicat o
n and technology | 15,419 | | Other expense
s | 12,980 | | Total expenses | 4,002 | | | 20,405 | | Net income | 133,806 | | | \$ 2,589 | See accompanying notes to financial statements. {7}------------------------------------------------ # RMN SECURITIES, INC. d/b/a SENATE SECURITIES STATEMENT OF CHANGES IN STOCKHOLDER'S Year ended EQUITY December 31, 2025 | | | Common Stock | | | | |----------------------------|--------|--------------|----------------------|--------------|--| | | Shares | Amount | Retained
Earnings | Total | | | Balance, Jar uary 1, 2025 | 200 | \$19,754 | | | | | Distributions | | | \$ 31,688 | \$
51,442 | | | Net income | | | (7,333) | (7,333) | | | | | | 2,589 | 2,589 | | | Balance, December 31, 2025 | 200 | \$ 19,754 | \$ 26,944 | \$ 46,698 | | See acc npanying notes to financial statements. {8}------------------------------------------------ # RMN SECURITIES, INC. d/b/a SENATE SECURITIES STATEMENT OF CASH FLOWS Year ended December 31, 2025 | Cash flows from operating ac | | |--------------------------------------------------------------------------|--------------------| | tivities
Net income | | | Adjustments to reconcile
net income to net cash | \$
2,589 | | provided by operating activities | | | Change in operating
assets and liabilities | | | Deposit with clearing broker | | | Due fron clearing broker | (77) | | Accounts receivable | 1,628 | | Prepaid expense | 5,179 | | Accounts payable and accrued
expenses
Commissions payable, officer | (980)
(5,878) | | Net cash provided by operatirg activiti
es | 2,445
4,906 | | Cash flows from financing activ
i ies
Distributions | | | Net casn used in financing activities | (7,333)
(7,333) | | Net decrease in cash | | | Cash, beginning of year | (2,427) | | Cash, end of year | 34,493 | | | \$ 32,069 | | Supplemental disclosure of cash flows informa
tion | | | Cash paid during the year for: | | | Interest | | | Income taxes | \$
\$ | See accorapanying notes to financial statements. {9}------------------------------------------------ # RMN SECURITIES, INC. d/b/a SENATE SECURITIES NOTES TO FINANCIAL STATEMENTS December 31, 2025 # 1. Nature of Business and Summary of Significant Accounting Policies #### Nature of business RMN Securities, Inc. d/b/a Senate Securities (the "Company") was incorporated under the laws of the state of New York on September 16, 1988. The Company is a broker-tealer registered with the SEC and is a member of the Financial Industry Regulatory Autberity (FINRA). The Company operates under the exemptive provisions Commission of and, Paragraph accordingl, (k)()(ii) of Rule 15c3-3 of the United States Securities and Exchange requirements of Paragraph (k) is exempt from the remaining provisions of that Rule. The who clears all customer transactions (2)(ii) provide that the Company is an introducing broker-dealer, on a fully-disclosed and promptly transmits basis with a clearing broker-dealer all customer funds and securities to the clearing broker dealer. The clearirg broker-dealer maintains and preserves such books and records related to customer accounts as required by SEC Rules 17a-3 and 17a-4. Separately, based on the way the Company operates a portion of the client mutual fund business via application-way, the Company relies on Footnote 74 to SEC Release 34-70073 and as discussed in Q&A 8 of the related FAQ issued by SEC staff, hence the Company does not cla m an exemption from SEA Rule 15c3-3 for these services rendered. # Segment reporting The Ccmpany is engaged in a single line of business as a securities broker-dealer which is comprised of commission-based funds. The Company is brokerage services, and the sale and distribution of mutual a solely owned and operated entity, for which the owner (and President) is the chief operating decision maker ("CODM"). The CODM uses net income to evaluate the results of the bsiness, predominantly in the forecasting process, to manage the Company. Additionally, the CODM uses excess net capital, which is not a measure of profit and loss, to make operational decisions while maintaining capital adequacy, such as whether to reinvest profits or pay dis ritutions. The Company's operations constitutea single operating segment and therefore, a sing e reportable segment, because the CODM manages the business activities using information of he Company as a whole. #### Cash Cash consists of amounts on deposit with banks, and amounts deposited with the clearing broker-dealer that are not segregated and deposited for regulatory purposes # Accounts receivable are Accounts non-interesting-bearing, receivable are trade receivables from the sale and distribution of mutual funds and and uncollateralized. The Company regularly reviews accounts receivable for any uncollectible amounts. The review for uncollectible amounts is based on analysis of the Company's collection experience, customer credit worthiness, and current {10}------------------------------------------------ # RMN SECURITIES, INC. d/b/a SENATE SECURITIES NOTES TO FINANCIAL STATEMENTS December 31, 2025 economic trends. Based on managements review of accounts receivable, no allowance for credit losses is considered necessary as of December 31, 2025 #### Income taxes The Company, with the consent of its stockholder, has elected under the provisions of Sub- Chapter "S" of the Internal Revenue Code to be an S Corporation. In lieu of Federal and State corporate income taxes, the stockholders of an S Corporation are taxed individually on their proportionate share of the Company's taxable income. Accordingly, the financial statements reflect no provision or liability for Federal or State income taxes. The Company has evaluated its tax positions and has concluded that there are no uncertain tax positions that required adjustment to or disclosure in the financial statements. The Company's federal and state income tax returns for the years ended December 31, 2022 to 2025 remain open for audit by the applicable regulatory authorities. #### Leases The Company determines if an arrangement is a lease, or contains a lease, at inception and only reassesses its determination if the terms and conditions of the arrangement are changed. The Company has elected, for all underlying classes of assets, to not recognize ROU assets and lease liabilities for sho--term leases that have a lease term of 12 months or less at lease commencement, and do net include an option to purchase the underlying asset that the Company is reasonably cer in to exercise. The Company recognizes lease cost associated with its short-term leases on: straight-line basis over the lease term. # Advertising The Company expenses adveitising costs as incurred. Advertising expense of \$2,689 for the year ended December 31, 2025 is included in other expenses in the statement of operations. Accounting estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of continge nt assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. # 2. Net Capital Requirements The Company is subject to he United States Securities and Exchange Commission Uniform Net Capital Rule (Rule 15c3-1), which requires the maintenance of a minimum amount of net shall capital not and exceed requires 15 to that 1. the At ratio of aggregate indebtedness to net capital, both as defined, December 31, 2025, the Company had net capital of \$42,860, {11}------------------------------------------------ ## RMN SECURITIES, INC. d/b/a SENATE SECURITIES NOTES TO FINANCIAL STATEMENTS December 31, 2025 which is in excess of its required net capital of \$25,000. The Company's percentage of aggregate indebtedness to net capital on December 31, 2025 was .27 to 1. #### 3. Revenue from Contracts with Customers #### Brokeraze commissions The Company buys and sells securities on behalf of its customers. Each time a customer enters into a ouy or sell transaction, the Company charges a commission. Commissions and related clearing expenses are recorded on the trade date (the date that the Company fills the trade order by finding and contracting with counterparty and confirms the trade with the customer). ### Distribu'ion fees The Company enters into u angements with managed accounts or other pooled investment vehicles (funds) to distribute shares to investors. The Company may receive distribution fees paid by the fund up front, c ver time upon the investor's exit from the fund (that is, a contingent deferred sales charge), or as combination thereof. The Company believes that its performance obligation is the sale of securities to investors and as such this is fulfilled on the trade date. Any fixed amounts are recognized on the trade date and variable amounts are recognized to the extent it is probable that a significant revenue reversal will not occur once the uncertainty is resolved. For variable amounts, as the uncertainty is dependent on the value of the shares at future points in time as well as the length of time the investor remains in the fund, both of which are highly susceptible to factors outside of the Company's influence, the Company does not be ieve that it can overcome this constraint until the market value of the fund and the investor activities are known which are usually monthly or quarterly. #### 4. Concentration of Risk #### Credit Risk The Company's cash may be subject to credit risk. The Federal Deposit Insurance Corporation ("FDIC") insures up to \$250,000 for substantially all depository accounts. Management believes it is not exposed to any significant credit risk on cash and cash equivalents. During, 2025, revenues from two mutual fund providers individually exceeded 10% of total revenue and comprised of 32'% of total revenue in the aggregate. #### 5. Clearing Broker The Co mpany conducts business with its clearing broker on behalf of its customers and for its own proprietary accounts. The Company earns commissions and distribution fees as an introducing broker for the transactions of its customers. The clearing and depository operations for the Company's customer accounts and proprietary transactions, are performed by its clearing broker pursuant to a clearing agreement. Due from clearing broker on the {12}------------------------------------------------ # RMN SECURITIES, INC. d/b/a SENATE SECURITIES NOTES TO FINANCIAL STATEMENTS December 31, 2025 accompanying statement of financial condition is comprised of brokerage commissions and distribution fees receivable, net of clearing costs. The Company has agreed to indemnify its clearing broker for losses the clearing broker may sustain as a result of the fat ure of the Company's customers to satisfy their obligations in connection with their securities transactions. The Company is required to maintain \$9,000 in aclearing account in which hey currently have \$12,282 of cash held on deposit for the satisfaction of any unsettled obligations. This amount is reflected as deposit with clearing broker on the accompanying s atement of financial condition. #### 6. Lease Conmitments In December 2021, the Company entered into a lease for office space in Kingston, NY. The lease had an initial non-cancellable term of three years. The lease did not contain any renewal options, termination options for either party to the lease, or restrictive financial or other covenants. The Company classified this lease as an operating lease. The lease expired November 2024. Occupancy of the office space continued thereafter on a month to month basis until November 2025 when the Company entered into a new one-year lease. Lease expense for the yea-ended December 31, 2025, was \$12,980 and is included in occupancy expense on the accomp anying statement of operations. #### 7. Subsequent Events Management is not aware of ny events that have occurred subsequent to the balance sheet date that would require adjustmem to, or disclosure in the financial statements. The Company has evaluated s ibsequent events through the date the financial statements were issued. {13}------------------------------------------------ #### SUPPLEMENTAL INFORMATION {14}------------------------------------------------ # RMN SECURITIES, INC. d/b/a SENATE SECURITIES COMPUTATION OF NET CAPITAL PURSUANT TO RULE 15c3-1 OF THE UNITED STATES SECURITIES AND EXCHANGE COMMSSION December 31, 2025 Schedule I | NET CAPITAL | | | |-------------------------------------------------------------|----------|-----------| | Total stockholder's equity | | \$ 46,698 | | Prepaid expese | | (1,938) | | Security deposits | | (1,900) | | Net capital | | \$ 42,860 | | AGGREGATE INDEBTEDNESS | | | | Accounts payable and accrued exper ses | \$ 2,500 | | | Commissions payable, officer | 9,000 | | | Total aggregate indebtedness | | \$ 11,500 | | COMPUTATION OF BASIC NET CAPITAL REQUIREMENT | | | | Minimum net capital required (greater of \$25,000 or 6-2/3% | | | | of aggregate indebtedness) | | \$ 25,000 | | Net capital in excess of minimum requirement | | \$ 17,860 | | RATIO: AGGREGATE INDEBTEDNESS TO NET CAPITAL | | .27 to 1 | | Net Capital, pe unaudited December 31, 2025 FOCUS report | | \$ 42.860 | Statement Pursuant to Paragraph (()(2)(iii) of Rule 17a-5 No material differences exist between he net capital computation above and the computation included in the FOCUS Form X-17-a-5 Part Il, as amended. D4ATED 4/9/2026 {15}------------------------------------------------ ## RMN Securitices, Inc. d/b/a Senate Securities Computation for Determination of Reserve Requirements and Information Relating to Possession or Control Requirements for Broker-Dealers Pursuant to Rule 15c3-3 December 31, 2.025 The Company is exempt from the provisions of Rule 15c3-3 under the Securities Exchange Act of 1934, pursuant to paragraph (k (2)(ii) of the rule. In addition the Company does not clainı an exemption from Rule 15c3-3 pertaining to certain other business activities that the Company performs in reliance upon Footnote 74 of the SEC Release No. 34-70073. The Company does not hold customer funds or securities. {16}------------------------------------------------ ![](_page_16_Picture_0.jpeg) 3605 Sandy Plains Rd. Suite 240-480 Marietta, GA 30066 (347) 512-6085 #### REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM To the Stockhokler of RMN Securities, Inc. d/b/a Senate Securities We have reviewed management's statements, included in the accompanying Broker Dealers Annual Exemption Report, in which (1) RMN Securities, Inc. d/b/a Senate Securities (the Company) identified the following provisions of 17 C.F.R. §15:3-3(k) underwhich the Company claimed an exemption from 17 C.F.R. §240.15c3-3: (k)(2)(ii) (the "exemption provisions") and (2) the Company stated that the Company met the identified exemption provisions throughout the most recent fiscal year without exception. The Company's management is responsible for compliance with the exemption provisiu's and its statements. The Company also filed its Exemptior Report because the Company's other business activities contemplated by Footnote 74 of :he SEC Release No. 34-70073 adopting amendments to 17C.F.R. §240.17a-5 are limited to effecting securities transactions via subs criptions on a subscription way basis where the funds are payable to the issuer or its agent and not to the Company, and the Company (1) did not directly or indirectly receive, hold, or otherwise owe funds or securities for or to customers; (2) did not carry accounts of or for customers; and (3) did not carry PAB accounts (as defined in Rule 15c3-3) throughout the most recent fiscal year without exception. Our review was conducted in accordance with the standards of the Public Company Accounting Oversight Board (United States) and, accordingly, included inquiries and other required procedures to obtain evidence about the Company's com oliance with the exemption provisions. A review is substantially less in scope than an examination, the objective of which is the expression of an opinion on management's statements. Accordingly, we do not express such an opinion. Based on our review, we are not aware of any material modifications that should be made to management's statements referred to above for them to be fairly stated, in all material respects, based on the provisions set forth in paragraph (k)(2)(ii) of Rule 15c3-3 under the Securities Exchange Act of 1934 as well as in Footnote 74 of SEC Release No. 34-70073 adopting amendments to 17 C.F.R. § 240.17a-5. JdisCMPE Marietta, Georgia April 10, 2026 {17}------------------------------------------------ ## RMN SECURITIES, INC. d/b/a SENATE SECURITIES EXEMPTION REPORT UNDER RULE 15c3-3 OF THE SECURITIES AND EXCHANGE COMMISSION AS AT DECEMBER 31, 2025 RMN Secur ties, Inc. d/b/a Senate ecurities (the Company) is a registered broker-dealer subject to Rule 17a-5 promulgated by the Securities and Exchange Commission (17 C.F.R. \$240.17a-5, "Reports to be made by ce tain brokers and dealers"). This Exemption Report was prepared as required by 17 C.F.R. § 240.17a-5(c.)(1) and (4). To the bes of its knowledge and belief, the Company states the following: - 1) The Company claimed an exmption 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 identi ied exemption provisions in 17 C.F.R. \$240.15c3-3(k) throughout the nost recent fiscal year w thout exception. - 3) The Company is also filing this Exemption Report because the Company's other business activities contemplated by Fcotnote 74 of the SEC Release No. 34-70073 adopting amendments to 17 C.F.R. §240.17a-5 are limited to effecting securities transactions via subscriptions on a sub cription way basis where the funds are payable to the issuer or its agent and not to the Cor ipany, and the Company (1) did not directly or indirectly receive, hold, or otherwise owe funs or securities for or to customers; (2) did not carry accounts of or for customers; and (3) did not arry PAB accounts (as defined in Rule 15c3-3) throughout the most recent fiscal year without exception. RMN Securities, Inc. d/b/a Senate Securitites 1, Richard Netter, swear (or affirm) that, to my best knowledge and belief, this Exemption Report is true and correct. D. Title: CEO DARE 4/4/2026 Source: SEC EDGAR via Adviser Search (https://search.stillhousedata.com). Agents: see https://search.stillhousedata.com/llms.txt.