# HAITONG INTERNATIONAL SECURITIES (USA) INC. X-17A-5 (2022-04-01) — Broker-dealer annual report - Company: HAITONG INTERNATIONAL SECURITIES (USA) INC. - Form: X-17A-5 - Filed: 2022-04-01 - Period: 2021-12-31 - Accession: 0001295232-22-000001 - CIK: 1295232 - File #: 8-66566 - Type: Broker-dealer - Material weakness: No - Auditor: Marks Paneth LLP - Auditor location: New York, NY - Contact: Sean Forbes - Phone: 212-351-6012 - Signed by: Sean M. Forbes (CFO) Original filing: https://www.sec.gov/Archives/edgar/data/1295232/000129523222000001/StmtFinCondFY2021.pdf --- {0}------------------------------------------------ ## HAITONG INTERNATIONAL SECURITIES (USA) INC. ### STATEMENT OF FINANCIAL CONDITION DECEMBER 31, 2021 {1}------------------------------------------------ # **ANNUAL REPORTS FORM X‐17A‐5 PART III FACING PAGE Information Required Pursuant to Rules 17a‐5, 17a‐12, and 18a‐7 under the Securities Exchange Act of 1934** REPORT FOR THE PERIOD BEGINNING 01/01/2021 AND ENDING 12/31/2021 MM/DD/YY MM/DD/YY **A. REGISTRANT IDENTIFICATION** NAME OF FIRM: Haitong International Securities (USA) Inc. TYPE OF REGISTRANT (check all applicable boxes): ☒Broker‐dealer ☐Security‐based swap dealer ☐Major security‐based swap participant ☐ Check here if respondent is also an OTC derivatives dealer ADDRESS OF PRINCIPAL PLACE OF BUSINESS: (Do not use P.O. Box No.) 452 Fifth Avenue, 23rd Floor (No. and Street) New York NY 10018 (City) (State) (Zip Code) PERSON TO CONTACT WITH REGARD TO THIS FILING Sean Forbes 212‐351‐6012 (Name) (Area Code – Telephone Number) (Email Address) **B. ACCOUNTANT IDENTIFICATION** INDEPENDENT PUBLIC ACCOUNTANT whose opinion is contained in this filing\* Marks Paneth LLP (Name – if individual, state last, first, middle name) 685 Third Avenue New York NY 10017 (Address) (City) (State) (Zip Code) 10/20/2003 709 (Date of Registration with PCAOB)(if applicable) (PCAOB Registration Number, if applicable) FOR OFFICIAL USE ONLY **SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549** OMB APPROVAL OMB Number: 3235‐0123 Expires: Oct. 31, 2023 Estimated average burden hours per response… 12 SEC FILE NUMBER **8‐66566** **UNITED STATES** \* Claims for exemption from the requirement 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 240.17a‐5(e)(1)(ii), if applicable. **Persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.** {2}------------------------------------------------ ### **OATH OR AFFIRMATION** I, Sean Forbes, swear (or affirm) that, to the best of my knowledge and belief, the financial report pertaining to the firm of Haitong International Securities (USA) Inc., as of December 31, 2021, 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 of a customer. CFO *S,,.)D('n ..fo /o�t,* **111,e,** *OV'I �>11./} � �� ��'-+------'- --''---/-------* **This filing\*\* contains (check all applicable boxes):** **������o��:::!....l,:.,\_q:::..;/�>-** Gan sh Ram Junior NOTARY PUBLIC, STATE OF NEW YORK Registration No. 01RA6418262 Qualified In Queens County Commission Expires June 7, 2025 - 181 (a) Statement of financial condition. - C8:I (b) Notes to consolidated statement of financial condition. D (c) Statement of income (loss) or, if there 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 (d) Statement of cash flows. - □ (e) Statement of changes in stockholders' or partners' or sole proprietor's equity. - D (f) Statement of changes in liabilities subordinated to claims of creditors. - D (g) Notes to consolidated financial statements. - D (h) Computation of net capital under 17 CFR 240.15c3-1 or 17 CFR 240.18a-l, as applicable. - □ (i) Computation of tangible net worth under 17 CFR 240.18a-2. - D (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. - □ (I) Computation for Determination of PAB Requirements under Exhibit A to § 240.15c3-3. - D (m) Information 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. - D (o) Reconciliations, including appropriate explanations, of the FOCUS Report with computation of net capital or tangible net worth under 17 CFR 240.15c3-1, 17 CFR 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 applicable, 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. - 181 (q) Oath or affirmation in accordance with 17 CFR 240.17a-5, 17 CFR 240.17a-12, or 17 CFR 240.18a-7, as applicable. - □ (r) Compliance report in accordance with 17 CFR 240.17a-5 or 17 CFR 240.18a-7, as applicable. - D (s) Exemption report in accordance with 17 CFR 240.17a-5 or 17 CFR 240.18a-7, as applicable. - C8:I (t) Independent public accountant's report based on an examination of the statement of financial condition. - D (u) Independent public accountant's report based on an examination of the financial report or financial statements under 17 CFR 240.17a-S, 17 CFR 240.18a-7, or 17 CFR 240.17a-12, as applicable. - □ (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. - D (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. - D (x) Supplemental reports on applying agreed-upon procedures, in accordance with 17 CFR 240.15c3-le 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}, as applicable.* {3}------------------------------------------------ ### HAITONG INTERNATIONAL SECURITIES (USA) INC. STATEMENT OF FINANCIAL CONDITION DECEMBER 31, 2021 ### ASSETS | Cash and cash equivalents | \$
7,520,927 | |----------------------------------------|------------------| | Certificate of deposit | 4,010,881 | | Receivable from clearing organizations | 3,356,186 | | Receivable from brokerage clients | 666,381 | | Due from parent and affiliates | 1,936,768 | | Operating lease right of use asset | 12,215,482 | | Finance lease right of use | 137,099 | | Prepaid expenses | 134,333 | | Property and Equipment | 3,596,628 | | Deposits and other assets | 110,148 | | TOTAL ASSETS | \$
33,684,833 | ### LIABILITIES AND STOCKHOLDER'S EQUITY | LIABILITIES | | |-------------------------------------------------------|------------------| | Accrued expenses and other liabilities | \$
1,590,229 | | Operating lease liability | 13,636,363 | | Finance lease liability | 121,980 | | Due to affliliate | 16,412 | | TOTAL LIABILITIES | 15,364,984 | | Subordinated borrowings | 18,012,800 | | COMMITMENTS | | | STOCKHOLDER'S EQUITY | | | Common stock, \$500 par value, 200 shares authorized, | | | issued and outstanding | 100,000 | | Additional paid-in capital | 15,107,458 | | Accumulated deficit | (14,900,409) | | Total stockholder's equity | 307,049 | | TOTAL LIABILITIES AND STOCKHOLDER'S EQUITY | \$
33,684,833 | Source: SEC EDGAR via Adviser Search (https://search.stillhousedata.com). Agents: see https://search.stillhousedata.com/llms.txt.