Siebert Financial (SIEB) risk factors
Item 1A of every Siebert Financial Corp. 10-K on file, and what changed from one year to the next.
- FY2025 10-K risk factors
25 risks, 1 new, 2 dropped, 1 reworded since the prior year. Expanding into new products like Siebert Crypto and investment banking risks straining management resources and internal controls. The public float held by non-affiliates increased to 14,441,440 shares, or approximately 35.3%. Material weaknesses regarding IT controls were removed from the risk section.
Filed Mar 30, 2026 - FY2024 10-K risk factors
26 risks. Heavy reliance on clearing agents, proprietary technology platforms, and electronic communications for transaction processing. Extensive regulatory oversight from the SEC, FINRA, NYSE, CFTC, and others. Vulnerability to IT material weaknesses, low public float volatility, and key brand licensing expirations in 2026.
Filed Mar 31, 2025