Full text of MFD DISTRIBUTOR, LLC's X-17A-5 filed 2026-02-25 (period 2025-12-31). Broker-dealer annual report from SEC EDGAR — readable, searchable, and available as markdown for AI agents.
{0}------------------------------------------------ Financial Report December 31, 2025 Filed as PUBLIC information pursuant to Rule 17a-5(d) Under the Securities Exchange Act of 1934. {1}------------------------------------------------ ### **UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549** OMB Number: 3235-0123 Expires: Nov. 30, 2026 Estimated average burden hours per response: 12 OMB APPROVAL ## **ANNUAL REPORTS FORM X-17A-5 PART III** 8-50894 SEC FILE NUMBER **FACING PAGE** **Information Required Pursuant to Rules 17a-5, 17a-12, and 18a-7 under the Securities Exchange Act of 1934** | FILING FOR THE PERIOD BEGINNING | | 01/01/2025<br>MM/DD/YY | | AND ENDING | 12/31/2025<br>MM/DD/YY | |-------------------------------------------------------------------------------------------------------------------------------------|-----------------------------|--------------------------------|----------------|-----------------|--------------------------------------------| | A.<br>REGISTRANT IDENTIFICATION | | | | | | | NAME OF FIRM: | MFD Distributor, LLC | | | | | | TYPE OF REGISTRANT (check all applicable boxes):<br>X Broker-dealer<br>܆ Check here if respondent is also an OTC derivatives dealer | ܆Security-based swap dealer | | | | ܆Major security-based swap participant | | ADDRESS OF PRINCIPAL PLACE OF BUSINESS: (Do not use a P.O. box no.) | | | | | | | 550 Science Drive | | | | | | | | | (No. and Street) | | | | | Madison | | WI | | | 53711 | | (City) | | (State) | | | (Zip Code) | | PERSON TO CONTACT WITH REGARD TO THIS FILING | | | | | | | Timothy McDowell | 800-767-0300 | | | | timm@madisonadv.com | | (Name) | | (Area Code – Telephone Number) | | (Email Address) | | | | B. | ACCOUNTANT IDENTIFICATION | | | | | INDEPENDENT PUBLIC ACCOUNTANT whose reports are contained in this filing*<br>RSM Cayman Ltd. | | | | | | | (Name – if individual, state last, first, and middle name) | | | | | | | Zephyr House, 122 Mary Street | | George Town | P.O. Box 10311 | | Grand Cayman KY1-1003 | | (Address) | | (City) | | (State) | (Zip Code) | | 12/14/2021 | | | | | 6894 | | (Date of Registration with PCAOB)(if applicable) | | | | | (PCAOB Registration Number, if applicable) | | * Claims for exemption from the requirement that the annual reports be covered by the reports of an independent public | | FOR OFFICIAL USE ONLY | | | | | accountant must be supported by a statement of facts and circumstances relied on as the basis of the exemption. See 17 | | | | |…Read the full text as markdown