Full text of GALLAGHER SECURITIES, INC's X-17A-5/A filed 2026-06-22 (period 2025-12-31). Broker-dealer annual report from SEC EDGAR — readable, searchable, and available as markdown for AI agents.
{0}------------------------------------------------ # **Gallagher Securities, Inc.** 2025 audit and attestation results **March 27, 2026**  {1}------------------------------------------------  To Those Charged with Governance, We are pleased to present the results of our audit and attestation engagements of Gallagher Securities, Inc. Open and candid dialogue with you, as those charged with governance, is a critical step in the audit process and in the overall corporate governance process, and we appreciate this opportunity to share the insights from our audit with you. The audit and attestation engagements are designed to: - Express an opinion, as required by SEC Rule 17a-5(g)(1), on the 20XX financial statements and supplemental information of the Company and statement of financial condition as required under 17a-5(e)(3). - Issue a review report, as required by SEC Rule 17a-5(g)(2)(i), regarding the statements made by the Company in its exemption report - Issue an agreed-upon procedures report on the Company's SIPC annual assessment as required by the Series 600 Rules of SIPC - As applicable, include: Issue an internal control supplemental report as required for CFTC-registered [introducing brokers or futures commission merchants We appreciate that the Company selected EY to perform its 2025 audit and attestation engagements and are committed to executing quality engagements that embrace the responsibility of serving the Those Charged with Governance of the broker-dealer, public interest and capital markets. Very truly yours, Kristin Schleicher Partner {2}------------------------------------------------ ## **Executive summary** ## **2025 audit results What's Next Action items** - Exemption review - CFTC Internal Control - Areas of emphasis (pages 3-4) - Required communications (pages 7-12) - Exemption review required communications (Page 13) - CFTC registrants required communications (Page 14) - Draft letters of representation (Appendix B) - Draft auditor's report (Appendix C) - Required independence communications (Appendix D) - Issue financial statement opinions (Draft audit/attest reports included in Appendix C) - Status update/open items (e.g., financial statements wrap-up). - Obtaining the executed letter of representations from management - We inquire of those charged with governance regarding your awareness of matters relevant to the audit, including: - Your views about the risk of material miss…Read the full text as markdown