Full text of OPENDOOR SECURITIES LLC's X-17A-5 filed 2021-03-25 (period 2020-12-31). Broker-dealer annual report from SEC EDGAR — readable, searchable, and available as markdown for AI agents.
{0}------------------------------------------------  # OPENDOOR SECURITIES, LLC (LIMITED LIABILITY CORPORATION) December 31, 2020 {1}------------------------------------------------ | Table of Contents | Page | |-----------------------------------------------------------------------|------| | Annual Audited Report Form X-17A-5 Part III (Facing Page/Affirmation) | 1-2 | | Report of Independent Registered Public Accounting Firm: | 3 | | Financial Statements: | | | Statement of Financial Condition | 4 | | Notes to Financial Statements: | | | NOTE A: Organization and nature of the business | 5 | | NOTE B: Summary of significant accounting policies | 5-6 | | NOTE C: Related party transactions | 7 | | NOTE D: Net capital requirements | 7 | | NOTE E: Retirement benefit plans | 7 | | NOTE F: Equity compensation plan | 7-8 | | NOTE G: Going concern | 8-9 | {2}------------------------------------------------ | | UNITED STATES | | OMB APPROVAL | |--------------------------------------------------------------------------|--------------------------------------------------------------------------------------------------------------------------------------------------|---------------------|--------------------------------| | SECURITIES AND EXCHANGE COMMISSION | | OMB Number: | 3235-0123 | | | Washington, D.C. 20549 | Expires: | October 31, 2023 | | | | | Estimated average burden | | | | | hours per response. 12.00 | | | ANNUAL AUDITED REPORT | | | | | FORM X-17A-5 | | SEC FILE NUMBER | | | PART III | | | | | | | | | | 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 | 1/1/20<br>AND ENDING | | 12/31/20 | | | MM/DD/YY | | MM/DD/YY | | | | | | | | A. REGISTRANT IDENTIFICATION | | | | | | | | | NAME OF BROKER-DEALER:<br>OpenDoor Securities, LLC | | | OFFICIAL USE ONLY | | | | | _________________ | | ADDRESS OF PRINCIPAL PLACE OF BUSINESS: (Do not use P.O. Box No.) | | | FIRM I.D. NO. | | | | | | | | | | | | 111 Town Square Place, Suite 1500 | (No. and Street) | | | | | | | | | Jersey City | New Jersey | 07310 | | | (City) | (State) | (Zip Code) | | | | | | | | | NAME AND TELEPHONE NUMBER OF PERSON TO CONTACT IN REGARD TO THIS REPORT | | | | | | | | | Thomas Hopkins | | | 603-216-8933 | | | | | (Area Code - Telephone Number) | | | B. ACCOUNTANT IDENTIFICATION | | | | | | | | | | | | | |…Read the full text as markdown