# DIRECTTRADE SECURITIES, LLC X-17A-5 (2025-12-16) — Broker-dealer annual report - Company: DIRECTTRADE SECURITIES, LLC - Form: X-17A-5 - Filed: 2025-12-16 - Period: 2025-09-30 - Accession: 0001895424-25-000003 - CIK: 1895424 - File #: 8-70834 - Type: Broker-dealer - Material weakness: No - Auditor: Cropper Accountancy Corporation - Auditor location: Walnut Creek, CA - Contact: Jeffrey Sims - Phone: 2537094145 - Signed by: Jeffrey Sims (Chief Financial Officer) Original filing: https://www.sec.gov/Archives/edgar/data/1895424/000189542425000003/dtsannualreport2.pdf --- {0}------------------------------------------------ {1}------------------------------------------------ | | Page | |-----------------------------|------| | Facing Page | 2 | | | 3 | | | 4 | | | 5 | | | 6 | | 's Equity | 7 | | | 8 | | | 9-12 | | -1 of the | 13 | | - | | | | 14 | | | 15 | | | 16 | | Report of Independent
On | 17 | | -3 | 19 | {2}------------------------------------------------ OMB APPROVAL OMB Number: Expires: Estimated average burden hours per response: SEC FILE NUMBER ## ANNUAL REPORTS FORM X-17A-5 PART III | | FOR OFFICIAL USE ONLY | | | |-----------------------------------------------------------------------------|--------------------------------------------------------------------------------------------------------------------------|--------------------------------------------|-----------------------------------------------------| | (Date of Registration with PCAOB)(if applicable) | _____________________________________________________________________________________ | (PCAOB Registration Number, if applicable) | | | (Address) | (City) | (State)
(Zip Code) | | | | _____________________________________________________________________________________ | | | | | (Name – if individual, state last, first, and middle name) | | | | | _____________________________________________________________________________________ | | | | | INDEPENDENT PUBLIC ACCOUNTANT whose reports are contained in this filing* | | | | | B.
ACCOUNTANT IDENTIFICATION | | | | (Name) | (Area Code – Telephone Number) | (Email Address) | | | | _____________________________________________________________________________________ | | | | PERSON TO CONTACT WITH REGARD TO THIS FILING | | | | | (City) | (State) | (Zip Code) | | | | _____________________________________________________________________________________ | | | | | _____________________________________________________________________________________
(No. and Street) | | | | | ADDRESS OF PRINCIPAL PLACE OF BUSINESS: (Do not use a P.O. box no.) | | | | Broker-dealer
Check here if respondent is also an OTC derivatives dealer | Security-based swap dealer | Major security-based swap participant | | | TYPE OF REGISTRANT (check all applicable boxes): | | | | | | NAME OF FIRM: _______________________________________________________________________ | | | | | A.
REGISTRANT IDENTIFICATION | | | | | FILING FOR THE PERIOD BEGINNING _____________________ AND ENDING ______________________
MM/DD/YY | MM/DD/YY | | | | FACING PAGE
Information Required Pursuant to Rules 17a-5, 17a-12, and 18a-7 under the Securities Exchange Act of 1934 | | | | | PART III | | | | | FORM X-17A-5 | | | | | ANNUAL REPORTS | | | | | UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549 | | OMB Number:
Expires:
Estimated average burden | | | | OMB APPROVAL | | 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. {3}------------------------------------------------ #### OATH OR AFFIRMATION | Jeffrey S. Sims | | | swear (or affirm) that, to the best of my knowledge and belief, the | |------------------------------------------------------------------------------------------------------------------------------------|-------------------------|------------|---------------------------------------------------------------------------------------------| | financial report pertaining to the firm of DirectTrade Securities, LLC | | | as of | | 9/30 | | | , 2 025 , 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 classfied solely | | | | | as that of a customer. | | | | | | | | | | | PHYLIS D GORAYA | Signature: | | | | NOTARY PUBLIC #178289 9 | | | Title · Chief Financial Officer | Notary Public | | | |---------------|--|--| | | | | Philis Depraira #### This filing \*\* contains (check all applicable boxes): - (a) Statement of financial condition. - (b) Notes to consolidated statement of financial condition. - (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). STATE OF WASHINGTON 8 OMMISSION EXPIRES - (d) Statement of cash flows. - (e) Statement of changes in stockholders' or partners' or sole proprietor's equity. - [ (f) Statement of changes in liabilities subordinated to claims of creditors. - [ {g} Notes to consolidated financial statements. - (h) Computation of net capital under 17 CFR 240.15c3-1 or 17 CFR 240.18a-1, as applicable. - [ (i) Computation of tangible net worth under 17 CFR 240.18a-2. - [] [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. - [ (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. - (o) Reconciliations, including appropriate explanations, of the FOCUS Report with computation of net worth under 17 CFR 240.15c3-1, 17 CFR 240.18a-2, 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. - (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. - (s) Exemption report in accordance with 17 CFR 240.17a-5 or 17 CFR 240.18a-7, as applicable. - (t) Independent public accountant's report based on an examination of the statement of financial condition. - [ [u] Independent public accountant's report based on an examination of the financial statements under 17 CFR 240.17a-5, 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. - [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. - | (x) Supplemental reports on applying agreed-upon procedures, in accordance with 17 CFR 240.17a-12, as applicable. - | (y) Report describing any material inadequacies 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)(2), os applicable. {4}------------------------------------------------ ![](_page_4_Picture_0.jpeg) #### REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM #### To the Member of DirectTrade Securities, LLC #### Opinion on the Financial Statements We have audited the accompanying statement of financial condition of DirectTrade Securities, LLC as of September 30, 2025, the related statements of operations, changes in member's equity, and cash flows for the year then ended, and the related notes and schedules (collectively referred to as the "financial statements"). In our opinion, the financial statements present fairly, in all material respects, the financial position of DirectTrade Securities, LLC as of September 30, 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 DirectTrade Securities, LLC's management. Our responsibility is to express an opinion on DirectTrade Securities, 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 DirectTrade Securities, LLC in accordance with the U.S. federal securities laws and the applicable rules and regulations 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 statements are 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 statements, 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 statements. Our audit also included evaluating principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that our audit provides a reasonable basis for our opinion. #### Auditor's Report on Supplemental Information The supplemental information contained in Schedule I - Computation of Net Capital Under Rule 15c3-1 of the Securities and Exchange Commission and Schedule II - Computation for Determination of Reserve Requirements and Information Relating to the Possession or Control Requirements Under Rule 15c3-3 of the Securities and Exchange Commission has been subjected to audit procedures performed in conjunction with the audit of DirectTrade Securities, LLC's financial statements. The supplemental information is the responsibility of DirectTrade Securities, LLC's management. Our audit procedures included determining whether the supplemental information reconciles to the financial statements or the underlying and other records, as applicable, and performing procedures to test the completeness and accuracy of the information presented in the supplemental information. In forming our opinion on the supplemental information, we evaluated whether the supplemental information, including its form and content, is presented in conformity with 17 C.F.R. §240.17a-5. In our opinion, the supplemental information is fairly stated, in all material respects, in relation to the financial statements as a whole. CROPPER ACCOUNTANCY CORPORATION We have served as DirectTrade Securities, LLC's auditor since 2023. Walnut Creek, California November 19, 2025 {5}------------------------------------------------ # 5 #### ASSETS | | 5 | | |--------------|--------|---------------------------------------| | | ASSETS | | | Total Assets | | \$
16,357
2,230
\$
18,587 | | | | | | LIABILITIES: | | | | | | | | ASSETS | | | |-----------------|--------------|--| | | 2,230 | | | | | | | | | | | LIABILITIES: | | | | | \$
8,798 | | | | 8,798 | | | MEMBER
: | | | | Paid in capital | 219,000 | | | | (209,211) | | | | 9,789 | | | 's Equity | \$
18,587 | | | | | | | | | | | | | | | | | | {6}------------------------------------------------ # Statement of For the year ended 5 | | Statement of
For the year ended
5 | | | |-------|-----------------------------------------|------------|--| | | | | | | | | \$
0 | | | | | | | | | | \$
0 | | | | Regulatory fees | 3,360 | | | | Professional fees | 27,842 | | | | Insurance | 17,266 | | | | Other | 3,125 | | | | | 51,593 | | | Net i | loss) | (\$51,593) | | {7}------------------------------------------------ # Statement of Member For the year ended 5 | Statement of | Member | | | | |---------------------------------|----------|--|--|--| | For the year ended | 5 | | | | | | | | | | | Balance
–
October 1, 2024 | \$13,382 | | | | | | 48,000 | | | | | | (51,593) | | | | | | | | | | {8}------------------------------------------------ # Statement of For the year ended 5 | : | | | |---------------------------------|------------|--| | | (\$51,593) | | | | | | | | | | | | | | | (Increase) decrease in: | | | | | 866 | | | Vendor deposits | 0 | | | | | | | Increase (decrease) in: | | | | | 4,460 | | | (used in) | (46,267) | | | | | | | | 48,000 | | | Net cash
used in) | 48,000 | | | Net increase (decrease) in cash | 1,733 | | | | | | | | 14,624 | | | | \$16,357 | | | | | | | | | | | | \$0 | | | | | | {9}------------------------------------------------ # 5 #### 1. is a broker dealer registered of the State of Washington to conduct business T plans to duri S 5, the cash balance in the bank account totaled \$16,357 5 {10}------------------------------------------------ ## DirectTrade Securities, LLC Notes to the Financial Statements September 30, 2025 #### Income Taxes The Company's taxable income or loss is allocated to its Parent and is included in the consolidated U.S. federal income tax return with the Parent and its subsidiaries. Therefore, no provision or liability for income taxes has been included in the financial statements. The Company is subject to examinations by major tax jurisdictions since inception. #### 3. Revenue Recognition Revenue from contracts with customers is recognized when, or as, the Company satisfies its performance obligations by transferring promised goods or services to customers. A good or service is transferred to a customer when, or as, the customer obtains control of that good or service. A performance obligation may be satisfied over time or at a point in time. Revenue from a performance obligation satisfied at a point in time is recognized at that point in time that the Company determines the customer obtains control over the promised good or service. The amount of revenue recognized reflects the consideration to which the Company expects to be entitled in exchange for those promised goods or services. The Company recognizes revenue on trade date. As of September 30, 2025, the Company does not have any contracts with customers and does not have any revenue. #### 4. Related Party Transactions On November 24, 2021, the Company entered into an expense sharing agreement with the Parent whereby the Company agrees to reimburse the Parent for reasonable expenses paid by them on its behalf. For the year ended September 30, 2025, the Company made payments of \$738 to the Parent and accrued \$298 of shared expenses. #### 5. Net Capital Requirements The Company is subject to the Uniform Net Capital Rule (Rule 15c3-1) under the Securities Exchange Act of 1934, which requires the maintenance of minimum net capital and requires the ratio of aggregate indebtedness to net capital both as defined shall not exceed 15 to 1. As of September 30, 2025, the Company had net capital of \$7,559, which was \$2,559 in excess of its required capital. {11}------------------------------------------------ ## DirectTrade Securities, LLC Notes to the Financial Statements September 30, 2025 ### 6. Single Reportable Segment The Company follows Accounting Standards Update 2023-07 - Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures ("ASU 2023-07") , which expands reportable segment information by requiring companies to disclose, on an annual and interim basis, significant reportable segment expenses that are regularly provided to the Chief Operating Decision Maker ("CODM") and included within each reported measure of a segment's profit or loss. ASU 2023-07 also requires disclosure of the title and position of the individual identified as the CODM and an explanation of how the CODM makes decisions about allocating resources to segments and evaluating performance. The Company conducts its business activities and reports financial results as a single reportable brokerage services segment. The CODM makes decisions about allocating resources and assessing performance in a manner consistent with the way the Company operates its business and presents their financial results. The nature of business and accounting policies of the brokerage services segment are the same as described in the description of business and summary of significant accounting policies notes. The CODM is the President. ## 7. Subsequent Events The Company has evaluated all subsequent events through the date the financial statements were available for issuance and has determined there were no additional, material subsequent events to disclose or recognize. ## 8. Commitments and Contingencies For the year ended the Company did not have any material commitments or contingencies to report. {12}------------------------------------------------ ## DirectTrade Securities, LLC Notes to the Financial Statements September 30, 2025 #### 9. Management's Plan For the year ended September 30, 2025, the Company had a net loss of \$51,593. During the year the Parent contributed \$48,000 to the Company. These financial statements have been prepared assuming that the Company will continue as a going concern. The Company had no revenues during this year of operations and plans on providing services and earning revenues going forward. The Parent has the ability and intent to fund the company as needed. {13}------------------------------------------------ # -1 of the 5 | Total
's equity | \$9,789 | |---------------------------------------|---------| | Less: Non-
2,230 | | | Total non- | 2,230 | | Net capital | \$7,559 | | indebtedness of \$8,798
is greater | 5,000 | | | \$2,559 | -17A-5 as of 5) -17A-5, Part IIA {14}------------------------------------------------ ## Schedule II DirectTrade Securities, LLC Computation For Determination of Reserve Requirements and Information Relating to the Possession or Control Requirements Under Rule 15c3-3 of the Securities and Exchange Commission September 30, 2025 Not applicable – see the Company's exemption report. {15}------------------------------------------------ ![](_page_15_Picture_0.jpeg) #### REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM ### To the Member of DirectTrade Securities, LLC We have reviewed management's statements, included in the accompanying Rule 15c3-3 Exemption Report pursuant to SEC Rule 17a-5, in which (1) DirectTrade Securities, LLC (the Company) did not claim an exemption 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 the SEC Release No. 34-70073 adopting amendments to 17 C.F.R. § 240.17a-5 because the Company limits its business activities exclusively to the following types of business: (1) mutual fund retailer; (2) selling variable life insurance or annuities; and (3) selling tax shelters or limited partnerships in primary distributions, and the Company (1) did not directly or indirectly receive, hold, or otherwise owe funds or securities for or to customers, (other than money or other consideration received and promptly transmitted in compliance with paragraph (a) or (b)(2) of Rule 15c2-4 and/or funds received and promptly transmitted for effecting transactions via subscriptions on a subscription way basis where the funds are payable to the issuer or its agent and not to the Company); (2) did not carry accounts of or for customers; and (3) did not carry PAB accounts (as defined in Rule 15c3-3) throughout the most recent fiscal year without exception. DirectTrade Securities, LLC's management is responsible for compliance with the provisions contemplated by Footnote 74 of SEC Release No. 34-70073 adopting amendments to 17 C.F.R. § 240.17a-5 and related SEC Staff Frequently Asked Questions and its statements. Our review was conducted in accordance with the standards of the Public Company Accounting Oversight Board (United States) and, accordingly, included inquiries and other required procedures to obtain evidence about DirectTrade Securities, LLC's compliance with the provisions contemplated by Footnote 74 of SEC Release No. 34-70073 adopting amendments to 17 C.F.R. § 240.17a-5 and related SEC Staff Frequently Asked Questions and its statements. A review is substantially less in scope than an examination, the objective of which is the expression of an opinion on management's statements. Accordingly, we do not 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 activities contemplated by Footnote 74 of the SEC Release No. 34-70073 adopting amendments to 17 C.F.R. § 240.17a-5, and related SEC Staff Frequently Asked Questions. CROPPER ACCOUNTANCY CORPORATION Walnut Creek, California November 19, 2025 {16}------------------------------------------------ #### DirectTrade Securities, LLC Exemption Report DirectTrade Securities, LLC (the "Company") is a registered broker-dealer subject to Rule 17a-5 promulgated by the Securities and Exchange Commission (17 C.F.R. §240.17a-5, "Reports to be made by certain brokers and dealers"). This Exemption Report was prepared as required by 17 C.F.R. § 240.17a-5(d)(1) and (4). To the best of its knowledge and belief, the Company states the following: - (1) The Company does not claim an exemption 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 the SEC Release No. 34-70073 adopting amendments to 17 C.F.R. § 240.17a-5 because the Company limits its business activities exclusively to the following types of business: (1) mutual fund retailer; (2) selling variable life insurance or annuities; and (3) selling tax shelters or limited partnerships in primary distributions, and the Company (1) did not directly or indirectly receive, hold, or otherwise owe funds or securities for or to customers, (other than money or other consideration received and promptly transmitted in compliance with paragraph (a) or (b)(2) of Rule 15c2-4 and/or funds received and promptly transmitted for effecting transactions via subscriptions on a subscription way basis where the funds are payable to the issuer or its agent and not to the Company); (2) did not carry accounts of or for customers; and (3) did not carry PAB accounts (as defined in Rule 15c3-3) throughout the most recent fiscal year without exception. DirectTrade Securities, LLC I, Jeffrey S. Sims, swear (or affirm) that, to my best knowledge and belief, this Exemption Report is true and correct. By: Title: Chief Financial Officer November 4, 2025 {17}------------------------------------------------ ![](_page_17_Picture_0.jpeg) ## REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM ON APPLYING AGREED-UPON PROCEDURES RELATED TO AN ENTITY'S CLAIM FOR EXCLUSION FROM MEMBERSHIP IN SIPC To the Member of DirectTrade Securities, LLC We have performed the procedures included in Rule 17a-5(e)(4) under the Securities Exchange Act of 1934 and in the Securities Investor Protection Corporation (SIPC) Series 600 Rules, which are enumerated below, on the accompanying Certification of Exclusion From Membership (Form SIPC-3) for the year ended September 30, 2025. Management of DirectTrade Securities, LLC (the Company) is responsible for its Form SIPC-3 and for its compliance with the applicable instructions on Form SIPC-3. Management of the Company has agreed to and acknowledged that the procedures performed are appropriate to meet the intended purpose of assisting you and SIPC in evaluating the Companys compliance with the exclusion requirements from membership in SIPC under section 78ccc(a)(2)(A) of the Securities Investor Protection Act of 1970 for the year ended September 30, 2025, as noted on the accompanying Form SIPC-3. Additionally, SIPC has agreed to and acknowledged that the procedures performed are appropriate for their intended purpose. This report may not be suitable for any other purpose. The procedures performed may not address all the items of interest to a user of this report and may not meet the needs of all users of this report and, as such, users are responsible for determining whether the procedures performed are appropriate for their purposes. The sufficiency of these procedures is solely the responsibility of those parties specified in this report. Consequently, we make no representation regarding the sufficiency of the procedures described below either for the purpose for which this report has been requested or for any other purpose. 1) Compared the Total amount included in the accompanying Schedule of Form SIPC-3 Revenues 2) Compared the amount in each revenue classification reported in the Schedule of Form SIPC-3 3) Recalculated the arithmetical accuracy of the Total Revenues amount reflected in the Schedule of The procedures we performed and our associated findings are as follows: - prepared by the Company for the year ended September 30, 2025, to the total revenues in the Companys audited financial statements included on Annual Audited Report Form X-17A-5 Part III for the year ended September 30, 2025, noting no differences; - Revenues prepared by the Company for the year ended September 30, 2025, to the related schedules, noting no differences; - Form SIPC-3 Revenues prepared by the Company for the year ended September 30, 2025, and in the related schedules, noting no differences. We were engaged by the Company to perform this agreed-upon procedures engagement and conducted our engagement in accordance with attestation standards established by the AICPA and in accordance with the standards of the Public Company Accounting Oversight Board (United States). We were not engaged to and did not conduct an examination or a review engagement, the objective of which would be the expression of an opinion or conclusion, respectively, on the Companys Form SIPC-3 and for its compliance with the applicable instructions on Form SIPC-3 for the year ended September 30, 2025. Accordingly, we do not express such an opinion or conclusion. Had we performed additional procedures, other matters might have come to our attention that would have been reported to you. {18}------------------------------------------------ We are required to be independent of the Company and to meet our other ethical responsibilities in accordance with the relevant ethical requirements related to our agreed-upon procedures engagement. This report is intended solely for the information and use of the Company and SIPC and is not intended to be and should not be used by anyone other than these specified parties. CROPPER ACCOUNTANCY CORPORATION Walnut Creek, California November 19, 2025 {19}------------------------------------------------ ## Certification of Exclusion from Membership #### TO BE FILED BY A BROKER-DEALER WHO CLAIMS EXCLUSION FROM MEMBERSHIP IN THE SECURITIES INVESTOR PROTECTION CORPORATION ("SIPC") UNDER SECTION 78ccc(a)(2)(A) OF THE SECURITIES INVESTOR PROTECTION ACT OF 1970 ("SIPA") | 8-70834 | DEA: FINRA | 2025 | Sep | |-------------------------------------------------|----------------------------|------|-----| | 7708 84TH AVENUE CT NW
GIG HARBOR, WA 98335 | DIRECTTRADE SECURITIES LLC | | | The above broker-dealer certifies that during the fiscal year ending 9/30/2025 #### (check appropriate boxes): | | (1) | Its principal business, in the determination of SIPC, taking into account business of | |---|------|-------------------------------------------------------------------------------------------------------------------------------------------------------| | | | affiliated entities, is conducted outside the United States and its territories and possessions; | | | (II) | Its business as a broker-dealer is expected to consist exclusively ot: | | > | | (1) the distribution of shares of registered open end investment companies or unit investment trusts; | | V | | (II) the sale of variable annuities; | | | | (III) the business of insurance; | | | | (IV) the business of rendering investment advisory services to one or more registered investment
companies or insurance company separate accounts; | | | | (ii)
securities futures products; | | | | | and that, therefore, under section 78ccc(a)(2)(A) of SIPA it is excluded from membership in SIPC. In the event of any subsequent change in the business of the undersigned broker-dealer thate such broker-dealer's exclusion from membership in SIPC pursuant to section 78ccc(a)(2)(A) of SIPA, the undersigned broker-dealer will immediately give SIPC written notice thereof and make payment of all assessment thereafter required under section 78ddd(c) of SIPA. | | | By checking this box, you certify that you have the authority of the broker-dealer to sign that all information in this form is true and complete; and that on behalf of the broker-dealer, you are authorized, and do hereby consent, to the storage and handling by SIPC of the data in accordance with SIPC's Privacy Policy. | DIRECTTRADE SECURITIES LLC | Jeffrey Sims | |----------------------------|-------------------------| | (Name of Broker-Dealer) | (Authorized Signatory) | | 10/23/2024 | Chief Financial Officer | | (Date) | (Title) | | | 253-709-4145 | | | (Phone No.) | Completion of the "Authorized Signatory" line will be deemed a signature. Retain a copy of this completed form for a period of not less than 6 years, the latest 2 years in an easily accessible place. Source: SEC EDGAR via Adviser Search (https://search.stillhousedata.com). Agents: see https://search.stillhousedata.com/llms.txt.