NET CAPITAL REQUIREMENTS

9 Months Ended

Sep. 30, 2014

Brokers and Dealers Disclosure [Text Block]

NOTE 14— NET CAPITAL REQUIREMENTS

B. Riley & Co., LLC, a subsidiary of the Company, is a registered broker-dealer and, accordingly, is subject to 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 September 30, 2014, B. Riley & Co., LLC had net capital of $13,689 (an excess of $13,353). B. Riley & Co., LLC’s net capital ratio for September 30, 2014 was 0.33 to 1.