Full text of C2M SECURITIES, LLC's X-17A-5 filed 2025-03-25 (period 2024-12-31). Broker-dealer annual report from SEC EDGAR — readable, searchable, and available as markdown for AI agents.
{0}------------------------------------------------ C2M Securities, LLC # Statement of Financial Condition # Including Independent Registered Public Accountant's Report Thereon As of December 31, 2024 {1}------------------------------------------------ # C2M Securities, LLC ### FINANCIAL STATEMENTS, FORMX-17A-5, PART III, SUPPLEMENTAL INFORMATION, AND REPORTS OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM #### DECEMBER 31 , 2024 #### CONTENTS | REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM | 1 | |---------------------------------------------------------|---| | FINANCIAL STATEMENTS | | | Statement of Financial Condition | 2 | | Notes to Financial Statements 3 - | 5 | {2}------------------------------------------------ # AUDITORS OPINION {3}------------------------------------------------ #### C2M SECURITIES, LLC #### STATEMENT OF OPERATIONS #### FOR THE YEAR ENDED DECEMBER 31, 2024 | REVENUES | | |-------------------------------------------------------------------------------------|----------------| | Commissions | \lt;br>980 | | TOTAL REVENUES | 980 | | EXPENSES | | | Write-off of uncollectable accounts receivable net of offsetting commission expenst | 2,588 | | Brokerage, exchange and clearing fees | 4,009 | | Technology | 3,553 | | Regulatory fees | 23,210 | | Professional fees | 93,500 | | Other expense | 7,190 | | TOTAL EXPENSES | 134,050 | | Loss from Operations | (133,070) | | Other Income/ Expense | | | Other Income -<br>Legal settlement | 600,000 | | Other Expense -<br>Commission expense related to legal settlement | (509,283) | | | 90,717 | | | | | NET LOSS | \lt;br>(42,353) | The accompanying notes are an integral part of this fmancial statement. {4}------------------------------------------------ #### NOTE 1 ORGANIZATION AND NATURE OF BUSINESS C2M Securities, LLC (the "Company") formerly known as Strategic Capital Investments, LLC, is registered as an introducing broker with the Financial Industry Regulatory Authority ("FINRA") and the Securities and Exchange Commission ("SEC") and is a wholly-owned subsidiary of Capital 2 Market Holdings, Inc. ("Holdings"). The Company was formerly organized in the state of Michigan pursuant to the Michigan Limited Liability Company Act as Strategic Capital Investments, LLC; it was owned in part by C2M Securities, LLC ("C2M l ") which was wholly owned by Holdings. The Company has a contractual agreement with one clearing broker. In 2024 no transactions were conducted through the clearing broker. The c…Read the full text as markdown