B. Riley Financial, Inc. - 10-K filing on 2017-03-10

NET CAPITAL REQUIREMENTS	12 Months Ended
Dec. 31, 2016
Brokers and Dealers [Abstract]
NET CAPITAL REQUIREMENTS	NOTE 18— NET CAPITAL REQUIREMENTS B. Riley & Co., LLC, a subsidiary of the Company, is a registered broker-dealer and, accordingly, is subject to the SEC Uniform Net Capital Rule (Rule 15c3-1) which requires B. Riley & Co., LLC to maintain minimum net capital and requires that the ratio of aggregate indebtedness to net capital, both as defined, shall not exceed 15 to 1. As of December 31, 2016, B. Riley & Co., LLC had net capital of $7,269 (an excess of $6,744). B. Riley & Co., LLC’s net capital ratio for December 31, 2016 was 1.08 to 1.

NET CAPITAL REQUIREMENTS

12 Months Ended

Dec. 31, 2016

NOTE 18— NET CAPITAL REQUIREMENTS

B. Riley & Co., LLC, a subsidiary of the Company, is a registered broker-dealer and, accordingly, is subject to the SEC Uniform Net Capital Rule (Rule 15c3-1) which requires B. Riley & Co., LLC to maintain minimum net capital and requires that the ratio of aggregate indebtedness to net capital, both as defined, shall not exceed 15 to 1. As of December 31, 2016, B. Riley & Co., LLC had net capital of $7,269 (an excess of $6,744). B. Riley & Co., LLC’s net capital ratio for December 31, 2016 was 1.08 to 1.