Full text of DCF, LLC's X-17A-5/A filed 2026-03-02 (period 2025-12-31). Broker-dealer annual report from SEC EDGAR — readable, searchable, and available as markdown for AI agents.
{0}------------------------------------------------ # DCF, LLC #### FINANCIAL STATEMENTS ## AND SUPPLEMENTARY INFORMATION December 31, 2025 {1}------------------------------------------------ # DCF, LLC TABLE OF CONTENTS December 31, 2025 Page | REPORT OF INDEPENDENT REGISTERED PUBLICACCOUNTING FIRM | | |--------------------------------------------------------------------------------------------------------------------------------------------------------|------------------| | FINANCIAL SECTION<br>Statement of Financial Condition<br>Statement of Operations<br>Statement of Changes in Members' Equity<br>Statement of Cash Flows | 2<br>3<br>4<br>5 | | NOTES TO FINANCIAL STATEMENTS | 6 | | SUPPLEMENTARY INFORMATION<br>Schedule I - Computation of Net Capital under Rule 15c3-1<br>of the Securities and Exchange Commission | 12 | | Report of Independent Registered Public Accounting Firm | | | Report of Independent Registered Public Accounting Firm on Applying Agreed-Upon<br>Procedures | | Statement of 15c3-3 Exemption Compliance {2}------------------------------------------------  #### REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM of DCF, LLC: #### Opinion on the Financial Statements We have audited the accompanying statement of financial position of DCF, LLC as of December 31, 2025, the related statements of operations, changes in members' equity, and cash flows for the year then ended, and the related notes and schedule (collectively referred to as the "financial statements"). In our opinion, the financial statements present fairly, in all material respects, the financial position of DCF, LLC 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 DCF, LLC's management. Our responsibility is to express an opinion on DCF, LLC's 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 DCF, LLC in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission (SEC) and the PCAOB. We conducted our audit in accordance with the standards of the PCAOB. Those standards require that we plan and perform the au…Read the full text as markdown