# IFM (US) SECURITIES, LLC X-17A-5 (2021-09-28) — Broker-dealer annual report - Company: IFM (US) SECURITIES, LLC - Form: X-17A-5 - Filed: 2021-09-28 - Period: 2021-06-30 - Accession: 0001563344-21-000005 - CIK: 1563344 - File #: 8-69201 - Material weakness: No - Auditor: Cohn Reznick LLP - Auditor location: New York, NY - Contact: Peter Mordue - Phone: 2127842270 - Signed by: David Altshuler (Director) Original filing: https://www.sec.gov/Archives/edgar/data/1563344/000156334421000005/ifmpublic.pdf --- {0}------------------------------------------------ # IFM (US) SECURITIES, LLC (A Limited Liability Company) # STATEMENT OF FINANCIAL CONDITION JUNE 30, 2021 {1}------------------------------------------------ UNITEDSTATES SECURITIESANDEXCHANGECOMMISSION Washington, D.C. 20549 # hours per response.. . . . . 12.00 ANNUAL AUDITED REPORT FORM X-17A-5 PART III | SEC FILE NUMBER | |-----------------| | 8- | FACING PAGE Information Required of Brokers and Dealers Pursuant to Section 17 of the Securities Exchange Act of 1934 and Rule 17a-5 Thereunder | | REPORT FOR THE PERIOD BEGINNING______________________________ AND ENDING______________________________ | | | | | | |--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------------------------------------------------------------------------------------------------------|---------|--------------------------------|--|--|--| | | MM/DD/YY | | MM/DD/YY | | | | | A. | REGISTRANT IDENTIFICATION | | | | | | | NAME OF BROKER-DEALER: | | | OFFICIAL USE ONLY | | | | | | ADDRESS OF PRINCIPAL PLACE OF BUSINESS: (Do not use P.O. Box No.) | | FIRM I.D. NO. | | | | | ___________________________________________________________________________________________________________________ | | | | | | | | | (No. and Street) | | | | | | | ___________________________________________________________________________________________ | | | __________________________ | | | | | (City) | (State) | | (Zip Code) | | | | | NAME AND TELEPHONE NUMBER OF PERSON TO CONTACT IN REGARD TO THIS REPORT
_____________________________________________________________________________________________________________________ | | | | | | | | | | | (Area Code – Telephone Number) | | | | | B. | ACCOUNTANT IDENTIFICATION | | | | | | | INDEPENDENT PUBLIC ACCOUNTANT whose opinion is contained in this Report* | | | | | | | | _____________________________________________________________________________________________________________________ | | | | | | | | | (Name – if individual, state last, first, middle name) | | | | | | | _____________________________________________________________________________________________________________________ | | | | | | | | (Address) | (City) | (State) | (Zip Code) | | | | | CHECK ONE: | | | | | | | | Certified Public Accountant | | | | | | | | Public Accountant | | | | | | | | Accountant not resident in United States or any of its possessions. | | | | | | | | FOR OFFICIAL USE ONLY | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | \*Claims for exemption from the requirement that the annual report be covered by the opinion of an independent public accountant must be supported by a statement of facts and circumstances relied on as the basis for the exemption. See Section 240.17a-5(e)(2) Potential persons who are to respond to the collection of information contained in this form are not required to respond SEC 1410 ( ) unless the form displays a currently valid OMB control number. {2}------------------------------------------------ #### OATH OR AFFIRMATION | | David Altshuler | swear swear swear (or affirm) that, to the best of | |----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------| | | my knowledge and belief the accompanying financial statement and supporting schedules pertaining to the firm of
IFM (US) Securities, LLC | as a more and as as | | of | June 30 | a money and connect and correct. I further swear (or affirm) that | | | classified solely as that of a customer, except as follows: | neither the company nor any partner, principal officer or director has any proprietary interest in any account | | | LORNA R. SOTO
NOTARY PUBLIC, STATE OF NEW YORK
No. 01 S06343688
QUALIFIED IN NEW YORK COUNTY
MY COMMISSION EXPIRES JUNE 13, 2024 | Signature
Director | | | Notary Public | Title | | | This report ** contains (check all applicable boxes):
(a) Facing Page.
/ (b) Statement of Financial Condition.
of Comprehensive Income (as defined in §210.1-02 of Regulation S-X).
(d) Statement of Changes in Financial Condition.
(e) Statement of Changes in Stockholders' Equity or Partners' or Sole Proprietors' Capital.
(f) Statement of Changes in Liabilities Subordinated to Claims of Creditors.
(g) Computation of Net Capital.
(h) Computation for Determination of Reserve Requirements Pursuant to Rule 15c3-3.
(i) Information Relating to the Possession or Control Requirements Under Rule 15c3-3.
Computation for Determination of the Reserve Requirements Under Exhibit A of Rule 15c3-3. | (c) Statement of Income (Loss) or, if there is other comprehensive income in the period(s) presented, a Statement
(i) A Reconciliation, including appropriate explanation of Net Capital Under Rule 15c3-1 and the | | | consolidation.
(1) An Oath or Affirmation.
(m) A copy of the SIPC Supplemental Report.
(o) Exemption Report
** For conditions of confidential treatment of certain portions of this filing, see section 240.17a-5(e)(3). | (k) A Reconciliation between the audited Statements of Financial Condition with respect to methods of
(n) A report describing any material inadequacies found to have existed since the date of the previous audit. | 。 上一篇: {3}------------------------------------------------ # IFM (US) SECURITIES, LLC (A Limited Liability Company) # JUNE 30, 2021 # TABLE OF CONTENTS #### Report of Independent Registered Public Accounting Firm | Financial Statement: | Page | |----------------------------------------------------------------------------------------------------------------------------------------------------------------------------|------| | –ƒ–‡‡–'ˆ ‹ƒ…‹ƒŽ'†‹–‹'ǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤͳ | | | '–‡•–'–Ї–ƒ–‡‡–'ˆ ‹ƒ…‹ƒŽ'†‹–‹'ǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤǤʹǦͶ | | {4}------------------------------------------------ ![](_page_4_Picture_1.jpeg) #### Report of Independent Registered Public Accounting Firm To the Member and Board of Directors IFM (US) Securities, LLC #### Opinion on the Financial Statement We have audited the accompanying statement of financial condition of IFM (US) Securities, LLC (a limited liability company and a wholly-owned subsidiary of IFM Investors (US), LLC) (the "Company") as of June 30, 2021, and the related notes (collectively referred to as the "financial statement"). In our opinion, the financial statement presents fairly, in all material respects, the financial position of the Company as of June 30, 2021, in conformity with accounting principles generally accepted in the United States of America. #### Basis for Opinion This financial statement is the responsibility of the entity's management. Our responsibility is to express an opinion on this financial statement 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 requlations of the Securities and Exchange Commission and the PCAOB. We conducted our 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 statement is free of material misstatement, whether due to error or fraud. Our audit included performing procedures to assess the risks of material misstatement of the financial statement, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statement. Our audit also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statement. We believe that our audit provides a reasonable basis for our opinion. We have served as The Company's auditor since 2015. New York, New York September 28, 2021 {5}------------------------------------------------ # IFM (US) SECURITIES, LLC (A Limited Liability Company) STATEMENT OF FINANCIAL CONDITION JUNE 30, 2021 #### ASSETS | ƒ•Š
‡…‡‹˜ƒ"އ•ˆ"'ƒ"‡–
"‡'ƒ‹†‡š'‡•‡• | ̈́ |
ͳ͹͸ǡ͵Ͳ͸

ͷǡͺͲͷǡͺͳ͵

ͳǡ͵ʹͲ | |----------------------------------------------------------------|----|-------------------------------------------| | Total assets | ̈́ |
ͷǡͻͺ͵ǡͶ͵ͻ | | LIABILITIES AND MEMBER'S EQUITY | | | | ‹ƒ"‹Ž‹–‹‡•ǣ
……'—–•'ƒ›ƒ"އǡƒ……"—‡†‡š'‡•‡•ƒ†'–Ї"Ž‹ƒ"‹Ž‹–‹‡• | ̈́ |
Ͷͷǡͺ͹ʹ | | ‡"‡"̵•‡"—‹–› | |
ͷǡͻ͵͹ǡͷ͸͹ | | Total liabilities and member's equity | ̈́ |
ͷǡͻͺ͵ǡͶ͵ͻ | Ǥ {6}------------------------------------------------ #### 1. ORGANIZATION AND DESCRIPTION OF BUSINESS ȋȌ ǡ ȋ ̶̶Ȍ Ǧ ȋȌǡȋ̶̶ȌǤͳͻǡʹͲͳʹ ǤǦ ͳͻ͵Ͷ ǡ Ǥ ȋ̶ ̶Ȍ ȋDz dzȌǤ Ǥ Ǥ̵ Ǥ Ǥ ȋDzdzȌͳͷ͵Ǧ͵ͳͻ͵Ͷǡ Ͷ ͵ͶǦͲͲ͵ ǡ ̵ ̵ǡ ǡǤ ǡ ǡ Ǥ # 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES #### Revenue recognition ͳͷΨ Ǥ # Concentration of risk Ǥ Ǧ ̈́ʹͷͲǡͲͲͲ Ǥ Ǥ #### Use of estimates ȋDzǤǤ dzȌ Ǥ Ǥ {7}------------------------------------------------ # IFM (US) SECURITIES, LLC (A Limited Liability Company) NOTES TO THE STATEMENT OF FINANCIAL CONDITION JUNE 30, 2021 #### 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued) #### Income taxes Ǧǡ Ǥ ǯǡǡ Ǥ ͵ͲǡʹͲʹͳǤ #### Uncertain tax positions Ǥ ͶͲ ȋDz ͶͲdzȌ Ͳͷ Dz ǡdz Ǥ ̵ ǡ Ǥ ǡ ǡ ̵. #### 3. RELATED PARTY TRANSACTIONS #### Administration fees ǡ ǡǡ Ǥ ǡǡ Ǥ #### Fee revenue ͳͷΨǤ ͵ͲǡʹͲʹͳǡ̈́ͷǡͺͲͷǡͺͳ͵Ǥ #### 4. NET CAPITAL REQUIREMENTS ͳͷ͵Ǧͳ ǡǡ ǡ ǡ Ǥ ǡ ̈́ͷǡͲͲͲ ʹȀ͵ΨǤ ͵ͲǡʹͲʹͳǡǡǡ̈́ͳ͵ͲǡͶ͵Ͷǡ ̈́ͷǡͲͲͲ ̈́ͳʹͷǡͶ͵ͶǤ ͵Ͳǡ ʹͲʹͳ̈́ͶͷǡͺʹǤǯ ͵ͷǤͳΨǤ {8}------------------------------------------------ # IFM (US) SECURITIES, LLC (A Limited Liability Company) NOTES TO THE STATEMENT OF FINANCIAL CONDITION JUNE 30, 2021 #### 5. CONTINGENCIES ǦͳͻǡʹͲʹͲǡ ǡ Ǥ ̵ Ǥ ǡ Ǥ Ǧͳͻ Ǥ #### 6. SUBSEQUENT EVENTS ͵ͲǡʹͲʹͳ ǯǤ Source: SEC EDGAR via Adviser Search (https://search.stillhousedata.com). Agents: see https://search.stillhousedata.com/llms.txt.