# WWF SECURITIES, LLC X-17A-5 (2024-04-24) — Broker-dealer annual report - Company: WWF SECURITIES, LLC - Form: X-17A-5 - Filed: 2024-04-24 - Period: 2023-12-31 - Accession: 0001843264-24-000001 - CIK: 1843264 - File #: 8-70662 - Type: Broker-dealer - Material weakness: No - Auditor: Tuttle & Bond, PLLC - Auditor location: Fredericksburg, TX - Contact: Lonnie Johnson - Phone: 231-384-2712 - Email: admin@wwhesrritjes.com - Website: wwhesrritjes.com - Signed by: Lonnie Johnson (CEO) Original filing: https://www.sec.gov/Archives/edgar/data/1843264/000184326424000001/2023AuditNtrzd.pdf --- {0}------------------------------------------------ UNITED STATES SECURlTIES AND EXCHANGE COMMISSION washington, D,C, 20549 | OMB Number:3235{123 | | |--------------------------|--| | Expires: Nov. 30, 2026 | | | Estamated aver6ge burden | | | hours per response: l2 | | SEC FILE NUMBER 8-70662 # ANNUAL REPORTS FORM X-17A-5 PART III | FACING PAGE
lnformation Required Pursuant to Rules 17a-5, Ua-12, and 18a-7 under the Securities Exchange Act of 1934
12131123
FTLTNG FoR rHE pERroD EEGTNNTNG 01 101 123 | | |----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------| | ANDENDTNG
MM/DDAY
MM/DO/YY | | | A. REGISTRANT IDENTI FICATION | | | wwF sEcuRlTlES, LLC
NAMEoFFTRM: | | | WPE OF REGISIRANT (check all applicable boxes):
! Major security-based swap participant
E Broker-dealer n Security-based swap dealer
E check here ifrespondent is also an oTcderivatives dealer | | | ADORESS OF PRINCIPAL PLACE OF BUSINESS: (Do not use a P.O. box no.) | | | 1 PARKAVENUE, APT #1707 | | | (No. and Street) | | | 48226
DETROIT
MI | | | (City)
(Zip code)
(State) | | | PERSON TO CONTACT WITH REGARD TO THIS FILING | | | Lon Johnson
313-314-6500
lon@wvvlsecu rities.com | | | (Name)
(EmailAddress)
(Area Code - Telephone Numb€r) | | | B. ACCOUNTANT IDENTIFICATION | | | INDEPENDENT PUBLIC ACCOUNTANT whose reports are contained in this filingr
Tuttle & Bond, PLLC | | | (Name -ifindividual, statelast, first, and middle name) | | | 2954 Goehmann Lane Fredericksburg TX
78624 | | | (Address)
(state)
{Zip code)
{city)
03t19t2019
6543 | | | (Dat€ of
ration Number if
with PCAOSXif
licable
PCAOB | icable | | FOR OFFICIAL USE ONI.Y | | ' Claims for exemption from the requirement that the annualreports 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 ofthe exemptlon. See lT CFR 240.17a-5(eX1)(ii). if applicable. Petsons who arc to .espond to the collection ot intofinatlon contalned ln this to,m ere not requhed to respond unless the folm dlsplays a curre.lly valld OMB aontrolnumber. {1}------------------------------------------------ #### OATH OR AFFIRMATION | t, | swear (or affirm) that, to the best of my knowledge and belief, the | |----------------------------------------------------------------|-------------------------------------------------------------------------------------------------------------------------------------| | financial report pertaining to the firm of WWF SECUBIIIES, LLC | as of | | 12131 | 2j4- is true and correct. I further swear (or affirm) that neither the company nor a ny | | | 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. | | | | | ![](_page_1_Picture_3.jpeg) Signature \rt\, ddh )r|ru,r Title: CEO Notary Public #### This filingt\* contains (check all applicable boxes): - E (a) statement offinancial condition. - E (b) Notes to consolidated statement of financial condition. - = (c)Statement of income (loss)or, ifthere is other comprehensive income in the period(s)presented, a statement of comprehensive income (as defihed in 5 210.1-02 of Regulation S-x). - E (d)Statement of cash flows. - E (e) Statement of changes in stockholders' or partners' or sole proprietor's equity. - tr (f)statement ofchanges in liabilities subordinated to claims ofcreditors. - E (g) Notes to eo6solidateC financial statements. - E (h) computation of net capatal under 17 cFR 240.15c3-1or 17 CFR 240.18a-1, as applicable. - E (i) Computation oftangible net worth under 17 CFR 240.18a-2. - E (j) Computation for determanation of customer reserve requirements pursuant to Exhibit A to 17 CFR 240.15c3-3. - E (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. - E (l) Computation for Determination of PAB Requirements under Exhibit A to 5 240.15c3-3. - E (m) lnformation relating to possession or control requirements for customers under 17 CFR 240.15c3-3. - E (n) lnformation relating to possession or control requirements for security-based swap customers under 17 CFR 2a0.15c3-3(p)(2) or 17 CFR 240.18a-4, as applicable. - E {o) Reconciliations, including appropriate explanations, of the FOCUS Report with computation of net capital or tangible net worth under 17 CFR 240.15(3-f, L7 CtR 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 subsadiaraes not consolidated in the statement of financial condition. - (q) Oath or affirmation in accordance with 77 CFR 240.77a-5,17 CFR 240.77a-72, ot 17 CFR 240.18a-7, as applicable. - = D (r)Compliance report in accordance with 17 CFR 240.17a-5 or 17 CFR 240.18a-7, as applicable. - E (s) Exemption report in accordance with !7 CFR 24O.L7 a-5 ot 17 CFR 240.18a-7, as applicable. - E (t)lndependent public accountant's report based on an examination ofthe statement of financial condition. - = (u) lnd€pendent public accountant's report based on an examination ofthe financial report or financial statements under 17 CFR 240.17a-5, 17 CFR 240.78a-7, ot l7 CFR 240.17a-12, as applicable. - tr (v) lndependent 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. - = (w) lndependent public accountant's report based on a review of the exemptaon report under 17 CFR 240.17a-5 or 17 CFR 240.18a-7, as applicable. - E (x) Supplemental reports on applying agreed-upon procedures, in accordance with 17 CFR 240.15c3-1e or 17 CFR 24O.Lla-72, as applicable. - E (y) Report describing any material inadequacies found to exist or found to have exasted since the date ofthe previous audit, or a statement that no material inadequacies exist, under 17 CFR 240.17a-12(k). - tr (z)other: - '+To request conlidentiol treotment of ceftoin portiohs oI this filing, see 17 CFR 240.17o-5(e)(3) ot 17 CFR 240.18o-7(d)(2), os opplicoble. {2}------------------------------------------------ ### WWF SECURITIES, LLC FINANCIAL STATEMENTS WITH REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM (CONFIDENTIAL PURSUANT TO RULE 17a-5(e)(3)) For the Year Ended DECEMBER 31, 2023 {3}------------------------------------------------ ![](_page_3_Picture_0.jpeg) #### REPORT OF INDEPENDENT REGISTERED PUBI.IC ACCOUNTING FIRM To Membe/s of WWF Securities, LLC #### Opinion oll The Financial Statements We have audited the accompanying statement of financial condition of WwF Securities, LLC (the "Company') as ofDecember 31, 2023, and the related statemenl-s of operations, member's equity and cash flows for the year then ended, including the related notes (collectively refened to as "financial statements"). In our opinion, the financial statements present fairly, in all material respects, the financial position of the Company as of December 31, 2023, and the results ofits operations and its cash flows for the year then ended in conformity with accounting principles generally accepted in the United States ofAmerica. #### Basis for Opinion These financial statements are the responsibility of the Company's management. Our responsibility is to express an opinion on the Company's financial statements based on our audit. We are a public accountiflg firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and are required to be indepe[dent with respect to the Company in accordance with the U.S. federal securities laws and the applicable rules and regulations of l}re Securities and Exchange Commission and the PCAOB. we conducted our audit ofthese financial statements 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 statements are ftee from material misstatement, whether due to error or fraud. The Company is not required to have, IIor were we engaged to perform, an audit of its intemal control over financial .eponing. As part ofour audits, we arc required to obtain an understanding ofintemal conhol over finalcial reporting but not for the purpose ofexpressing an opinion on the effectiveness ofthe Company's intemal control over financial reporting. Accordingly, we exprcss no such opinion. Our audit included performing procedures to assess the risks of marcdal misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those.isks. Such procedures included examining, on a test basis, evidence rggarding the amounts and disclosures in the financial statements. Our audit also included evaluating the accounting principles used and significant estimates made by managemcnt, as well as evaluating the overall presentation of the financial statements. We believe that the audit provides a reasonable basis for our opinion. #### Report on Supplementarv Information The accompanying information contained in the Supplementary Information section has been subjected to audit procedures performed in conjunction with the audit ofthe Company's financial statement. The supplemental infomation is the responsibility offte Company's management- Our audit procedures included determining whether the supplemental information reconciles to the financial statements or the underlying accounting and other records, as applicable, and performing procedures to test the completeness and accuracy of the informalion presented in the supplemental information. In forming our opinion on the supplemental information, we evaluated whether tie supplemental informatio!, including its form and content, is presented in conformily with Rule l7a-5 under the Securities Exchange Act of 1934 and, ifapplicable, under Regulation l.l0 under the Commodily Exchange Act. In our opinion, the information contained in the Supplementary tnformation section is fairly stated, in a1l material respects, in relation to the financial statements as a whole. 'l,w,t Kil Pru \"'" - t' Fredericksburg, Texas March 22,2024 We have served as the WWF Securities, LLC's auditor since 2022 ![](_page_3_Picture_14.jpeg) {4}------------------------------------------------ ## \iVWF SECURITIES, LLC # CONTENTS ### Reoort ol lndeDendent Reoistered Public Accountino Firm #### Financial Statements Statement of Financial Condition as ol December 31 , 2023 Statement ol Operations lor the Year Ended December 31, 2023 Statement of Changes in Member's Equity for the Year Ended December 31, 2020,2021 and 2023 Statement ot Cash Flows lor the Year Ended December 31, 2023 Notes to Financial Statements Supplementarv Schedules Schedule l: Computation of Net Capital Pursuant to Rule 15c3-1 of the U.S. Securities and Exchange Commission as of Decembet 31,2023 Schedule ll and Schedule lll: Compulation ,or Determination of Reserve Requirements and lnformation Relating to Possession or Control Requirements Under Rule 15c3-3 ol the U.S. Securities and Exchange Commission as ol December 31, 2023 Report of lndependent Registered Public Accounting Firm - Exemption Report Exemption Report {5}------------------------------------------------ ### VVWF SECURITIES, LLC STATEMENT OF FINANCIAL CONDITION as of December 31, 2023 ### ASSETS | Cash | \$26,027 | |------------------|-----------| | Prepaid Expenses | 10,316 | | Other | 6.803 | | TOTAL ASSETS | \$43.1110 | ### LIABILITIES AND MEMBER'S EQUITY LIABILITIES | Accrued Expenses | 2,047 | |---------------------------------------|---------| | Payable to Affiliated | 1 .740 | | TOTAL LIABILITIES | 3.787 | | MEMBER'S EQUITY | 39.359 | | TOTAL LIABILITIES AND MEMBER'S EOUITY | \$43J40 | The accompanying notes are an integral part of these financial stalements -2- {6}------------------------------------------------ ### WWF SECURITIES, LLC STATEMENT OF OPERATIONS Year to date of December 31,2023 #### REVENUE | Service fees
Other Income
TOTAL REVENUES | ಕಾ
131,000
5.000
136.000 | |-------------------------------------------------------------------------------------------------------------------------------------|--------------------------------------------------------| | EXPENSES
Professional fees
Legal fees
Advertising
Licensing and Membership
Technology and
communications
Other | 56.208
1,402
49.007
12,954
14,580
1.020 | | TOTAL EXPENSES | 135.171 | | Net Income | 8829 | The accompanying notes are an integral part of these financial statements. -3 - {7}------------------------------------------------ ### \^/WF SECURITIES, LLC STATEMENT OF CHANGES IN MEMBER'S EOUITY FOR THE YEAR ENDED DECEMBER 31,2023 | MEMBER'S EQUITY, DECEMBER 31, 2022 | \$____-385!D | |------------------------------------|--------------| | Contributions | | | Net lncome | 829 | | MEMBER'S EQUIry, DECEMBER 31, 2023 | \$____39359 | The accompanying notes are an integal part of these financial statements -4- {8}------------------------------------------------ #### WWF SECURITIES, LLC STATEMENT OF CASH FLOWS Year to date 2023 Cash llows lrom operating activities: | Net lncome | \$829 | |---------------------------------------------------------------------------------|--------------------------------| | Adjustments to reconcile net income to net cash provided by operations | | | Changes in operating assets and liabilities: | | | Account receivable
Prepaid expenses
Accounts payable and Accrued expenses | (5,500)
(388)
__l_1-916) | | NET CASH USED BY OPERATING ACTIVITIES | (6,975) | | | | | | | | NET CHANGE IN CASH | (6,975) | | CASH, BEGINNING OF YEAR | 33.002 | | CASH, END OF YEAR | \$ 26,027 | 5 I {9}------------------------------------------------ ### WWF SECURITIES, LLC NOTES TO FINANCIAL STATEMENTS DECEMBEB 31 , 2023 ### Note 1 - Oroanization and Descriotion ot Business WWF Securities, LLC (the "Company') is a brokerdealer registered with the United States Securities and Exchange Commission ("SEC") and is a member of the Financial lndustry Regulatory Authority ('FINRA). As a limited liability company, the member's liability is limited to its investment. The Company was lounded in October of 2020, under the laws of the State of Delaware. The Company is a placement agent for private debt and equity securities and acts as a broker for the purchase and sale of private securities. The Company's customers are located throughout the United States. The Company is owned 55% by WWF Holdings, lnc., 35% by Edward Fearon, and 10% by Escalating Dares, LLC. ### Nole 2 - Summarv of Sionilicant Accountino Policies #### Basis of Presentation The accompanying financial statements are presenled in conformity with accounting principles generally accepted in the United States of America ('U.S. GA,qP). #### Revenue from Contracts with Customers Revenue from contracts with customers includes placement and advisory services related to capital raising activities and transactions. The recognition and measurement of revenue is based on the assessmenl of individual contract terms. The agreements often contain nonrefundable retainer fees, and/or success lees, which may be fixed or represent a percentage of the value that the customer receives, il and when the transaction is completed ("success fees"). The Company has evaluated its nonrefundable retainer fees, to ensure they relate to the transler ol goods or services, as a distinct performance obligation, in exchange for the retainer. #### Revenue Recoonition The Company adopted ASU 2014-09, Revenue from Contracts wilh Customers, (codified in ASC 606). The Company recognizes revenue when services are transferred to clients. Revenue is recognized based on the amount ol consideration that management expects to receive in exchange for lhese services in accordance with the terms ol the contract with the client. To determine the amount and timing of revenue recognition, the Company must (1) identify the conlract with the client, (2) identify the performance obligations in the contract, (3) determine the transaction price, (4) allocate the transaction price to the performance obligations in the contract, and (5) recognize revenue when the Company satislies a performance obligation. 6 {10}------------------------------------------------ ### WWF SECURITIES, LLC NOTES TO FINANCIAL STATEMENTS DECEMBER 31, 2023 ### Nole 2: Summarv of Sionificant Accountino Policies (Continued) Signilicant judgment is required to determine whether performance obligations are satislied at a point in time or over time; how to allocate transaction prices where multiple performance obligations are identified; when to recognize revenue based on appropriate measure of the Company's progress under the contract; whether revenue should be presented gross or net of certain costs; and whether constraints on variable consideration should be applied due to uncertain tuture events. ln some circumstances, significant judgment is needed to determine the timing and measure of progress appropriate tor revenue recognition under a specilic contract. lf a promised good or service is not distinct, the Company combines that good or sorvice wilh other promised goods or services until it identifies a bundle ol goods or services that is distinct. ln some cases, this would result in the Company accounting for all lhe services promised in a contract as a single performance obligation and, if unfulfilled, amounts received from such contracts would be rellected as deferred revenues on the statement ol financial condition. The Company recognizes certain retainer revenue from contracts with customers at the point in time in which specified deliverables are transferred to the Company's customers. Success fee revenue for advisory arrangements is generally recognized at the point in time that perlormance under the agreement is completed (the closing date ol the transaction). ### Accounts Receivable and Allowance lor Credil Losses Accounts receivable are non-interest-bearing uncollateralized obligalions receivable in accordance with the terms agreed upon with each customer. The Company regularly reviews its accounts receivables for any uncollectible amounls. The review for uncollectible amounts is based on an analysis ol the Company's collection experience, customer credit worthiness, and current economic treads. ### Advertisino Advertising costs are expensed as incurred. The Company incurred \$49,007 in advertising expenses lor the year ended December 31, 2023. ### Cash The Company maintains its bank account in a high credit quality financial institution. The balance at times may exceed federally insured limits. {11}------------------------------------------------ ### WWF SECURITIES, LLC NOTES TO FINANCIAL STATEMENTS DECEMBER 31 , 2023 # Note 2: Summarv ol Sionificant Accountino Policies (Continued) ### Prooertv and Eouioment Property and equipment are recorded at cost. Depreciation is provided by use of the straight-line method over the estimated uselul lives ol the respective assets, which ranges lrom live to seven years. ### lncome Taxes As a limited liability company, the tax consequences of the Company's operations all pass through to the Member. Thererore, the Company's income or loss is reported on the Member's partnership income tax return. As a result, no federal or state income taxes are included in the accompanying financial statements as they are the responsibility of the individual owners of the Member. The Company has adopted the provision of FASB ASC 740-10 Accounting for Uncertainty in lncome Taxes. Under this provision, the Company is required to evaluate each of its tax positions to determine il they are more likely than not to be sustained if the taxing authority examines the respective position. A lax position includes an entity's status, including its status as a pass-through entity, and the decision not to lile a return. The Company has evaluated each ol its tax positions and has determined lhat no provision or liability for income taxes is necossary. ### Use of Estimales The preparation ol financial statements in contormity with accounting principles generally accepted in the United States ol America requires management lo make estimates and assumptions that affect the reported amounts of assets, liabilities, rev6nues and oxpenses during the reporting period. Actual results could differ lrom those estimates. ### Note 3 -Related Partv Transactions The Company and its Member occasionally pay expenses on behalf ol each other that are reimbursed at cost with no gain or loss. During the period of the report 2023, payments on behalf ol one another were \$1,740. The balance due lrom member on the accompanying statement ot linancial condition arose lrom such transactions. The Company operates from office space provided by the owners of the Company's Member at no cost to the Company. Financial position and results ol operations could have differed lrom the amounts in the accompanying financial statements if these related party transactions did not exist. I {12}------------------------------------------------ #### WWF SECURITIES, LLC NOTES TO FINANCIAL STATEMENTS DECEMBER 31, 2023 #### Note 4 - Concentrations During 2023, approximately 100% of investment banking revenues were earned from 1 customer(s). We had no net accounts receivable at December 31, 2023. #### Note 5 - Net Capital Requirements The Company is subject to the SEC Uniform Net Capital Rule (Rule 15c3-1) which requires the maintenance of a minimum net capital, as defined, equal to the greater of \$5,000 or one-fifteenth of aggregate indebtedness. At December 31, 2023, the Company had net capital of \$22,239 which exceeded its minimum required net capital of \$5,000 by \$17,298. At December 31, 2023, the Company's ratio of aggregate indebtedness to net capital was . 17 to 1.00. #### Note 6 - Subsequent Events The Company has evaluated all events and transactions that occurred after December 31, 2023 through March 22, 2024. #### Note 7 - Contingencies The Company is subject to litigation in the normal course of business. The Company has no litigation in progress as of December 31, 2023, as defendant. #### Note 8 - Economic Risks In March 2020, the World Health Organization (WHO) declared COVID-19 a global pandemic. This pandemic event has resulted in significant business disruption and uncertainty in both global and U.S. markets. While management believes the Company is in an appropriate position to sustain potential short-term effects of these world-wide events, the direct and long-term impact to the Company and its financial statements is undetermined at this time. #### Note 9 - Commitments and Contingencies The Company does not have any commitments, guarantees or contingencies that may result in a loss or future obligation, or that may be asserted against the firm at a future date. {13}------------------------------------------------ ### WWF SECURITIES, LLC Schedule I #### COMPUTATION OF NET CAPITAL PURSUANT to RULE 15c3-1 OF THE SECURITIES AND EXCHANGE COMMISSION DECEMBER 31, 2023 | NET CAPITAL | | |-----------------------------------------------------------------------------------------------------|-----------------| | Total Member's Equity | \$
39,359 | | Less: | | | Prepaid Expenses
Other Assets | 10,316
6.803 | | Net Capital | 22,239 | | Less: Minimum net capital requirement (greater of
6 213'/" ot aggregate indebtedness or \$5,000) | 5,000 | | Excess Net Capital | \$__12120 | | AGGREGATE INDEBTEDNESS | \$____1.287 | | RATIO OF AGGREGATE INDEBTEDNESS TO NET CAPITAL | oJzlo_rn0 | Reconciliation with Company's computation of nel capital included in Part llA of Form X-17A-5 as of December 31, 2023 There is no signiticant diflerence between the net capital reported in Part llA o, Form X-17A-5, as amended, as of December 31, 2023 and net capital as reported above. {14}------------------------------------------------ # \ /WF Securities, LLC #### Schedule ll COMPUTATION FOR DETERMINATION OF RESERVE REQUIREMENTS UNOER RULE 15c3-3 OF THE SECURITIES AND EXCHANGE COMMISSION AS OF DECEMBER31,2023 The Company does not claim an exemption from SEA Rule 15c3-g in reliance upon Footnote 74 ol SEC Release No. 34-70073 dated July 30, 2013, and as discussed in Question 8 of the related FAQ released by SEC statl on April 4, 2014. The Company does not hold customer funds or securities. {15}------------------------------------------------ # WWF Securities, LLC #### Schedule lll INFORMATION RELATING TO THE POSSESSION OR CONTROL REOUIREMENTS UNDER RULE 15c3-3 OF THE SECURITIES AND ExCHANGE COMMISSION AS OF DECEMBER 31 , 2023 The Company does not claim an exemption from SEA Rule 15c3-3 in reliance upon Footnote 74 o, SEC Release No. 34-70073 dated July 30, 2013, and as discussed in Question 8 of the related FAQ released by SEC stafi on April 4, 2014. The Company does not hold customer lunds or securities. -12- {16}------------------------------------------------ ![](_page_16_Picture_0.jpeg) Supplementary schedules Pursuant to SEA Rule 17a-5 Ofthe Securities and ExchangeAct of 1934 For theYear-End December 31, 2023 Reoort of lndeoendent Reristered Public ntinr Firm - Exemotion Reoort Review No Exemption: Pursuant to footnote 74 of SEC Release 34-70073 Lonnie Johnson WWF Securities, LLC I Park Avenue, #1707 Detroit, MI 48226 Dear Lonnie Johnson: We have reviewed management's statements, included in the accompanying Rute 15c3-3 Exemption Report provided to us pwsuant to SEC Rute 17a-5, in which (1) WWF Securities, LLC (the Company) did not claim an exernption under paragraph (k) of 17. C.F.R. \$240.15c3-3, and (2) the Company is filing this Exemption Report relying on footnote 74 of SEC Release 34-70073 adopting to t7 C,F.R. \$240.17a-5 because the Company limits its business activities exclusivelytoprivateplacementsinaccordancewiththerequirementsofparagraphs(a)or(b)(2)ofRulel5c2-4,, In addition, the Company did not directly or indirectly receive, hold, or otherwise owe funds or securities for or to customers other than money or other consideBtion received and promptly tlansmitted in compliance with paragraphs (a) or (b)(2) of Rule 15c2-4, and and/or funds received and promptly transmitted for effecting tmnsactions via subscriptions on a subscription way basis wher€ to funds arc payable to the issuer or its agent alrd not to the Company; did not carry accounts of or for customerc; and did not carry PAB accounts (as de{ined in Rule l5c3-3) throughout the most recerlt hscal year without exception. WWF Seculities, LLC'S managemcnt is responsiblc for compliance with the exemption provisions and its statements. Our review was conducted in accordance with the standards of the Public Company Accounting Oversight Board (United States) and, accordingly, included inquAies and other required procedures to obtain evidence about WWF Secudties, LLC's compliance with the exemption provisions. A review is substantially less in scope than an examination, the objective of which is the expression of an opiniol on malagemcnt's statements. Accordingly, we do express such an opinion. Based on our review, we are not aware of any material modifications that should be made to management's statements referred to above for them to be fairly stated, in all material respects, based upon the Company's business actiyities contemplated by footnote 74 of the SEC Release No. 34-70073 adopling amendments toSl7 C.F.R.240.17a'5, and related SEC StaffFrequently Asked Questions. ?adz &&ad, ?.4/0 Fredericksburg, Texas Mar.h 22, 2024 ![](_page_16_Picture_11.jpeg) {17}------------------------------------------------ ![](_page_17_Picture_0.jpeg) WWF Securities, LLC'S Exemption Report March 22,2024 To: Tuttle & Bond PLLC Re: 17 C.F.R. S 240.15c3-3(k) WWF Securities, LLC (the'Company") is a registered broker{ealer subject to Rule 17a-5 promulgated by the Securities and Exchange Commission (17 C.F.R.5240.17a-5,'Reports to be made by certain brokers and dealers"). This Exemption Reporl was prepared as required by 17 C.F.R. \$ 240.17a-5(dx1) and (4). To the beslof its knowledge and belief, the Company states the following: - 1. The Company does notclaim an exemption under paragraph (k)of 17 C.F.R. S 240. 15c3-3, and - 2. The Company is filing this Exemption Report relying on Footnote 74 of the SEC Release No. 34-70073 adopting amendments to 17 C.F.R. S 240.17a-5 because the Company limits its business activities exclusively to private placements. The Company: (1) did not directly or indireclly receive, hold, or otheMise owe funds or securities for or to customers, (other than money or other consideration received and prompty transmitted in compliance witrh paragraph (a) or (bX2) of Rule 15c24 and/or funds received and promptly transmitted for effecting transadions via subscriplions on a subscription way basis where the funds are payable to the issuer or ib agent and not to tle Company); (2) did not carry accounls of or for customers; and (3)did not carry PAB accounts (as defined in Rule 15c&3) throughout the most recent fiscal year without exception. V1MF Securities, LLC l, Lonnie Johnson, afllrm that, to my best knowledge and belief, this Exemption Report is true and correct. --l\* [4\* Pl€sident WWF Secr ties. Ll-C 1 Pa\* Ave #1707 Detroit, M|48226 USA admin@wwhesrritjes.com tel: +1-31&314-6500 {18}------------------------------------------------ | JURAT ATTACHMENT | |--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------| | A notary public or other officer completing this certificate verifies only the identity of the individual who signed
the document to which this certificate is attached, and not the truthfulness, accuracy, or validity of that
document. | | Texas
STATE OF | | Tarrant
COUNTY OF | | | | The foregoing instrument was subscribed and sworn before me this date of
03/26/2024 by Lon Johnson | | This notarial act was an online notarization. | | Document Notarized using a Live Audio-Video Connection | | | | BRITTANY RENE COPELAND
ELECTRONIC NOTARY PUBLIC
STATE OF TEXAS
NOTARY ID: 133645929
(No ai
COMISSION EXP: MARCH 15 2026 | | Notary's Signature_ | | Registration No.: 133645929 | | Commission Expiration Date: March 15, 2026 | | | | | | | Source: SEC EDGAR via Adviser Search (https://search.stillhousedata.com). Agents: see https://search.stillhousedata.com/llms.txt.