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NET CAPITAL REQUIREMENTS
6 Months Ended
Jun. 30, 2022
Broker-Dealer [Abstract]  
NET CAPITAL REQUIREMENTS NET CAPITAL REQUIREMENTSB. Riley Securities (“BRS”), B. Riley Wealth Management (“BRWM”), National Securities Corporation (“NSC”) and FocalPoint Securities, LLC ("FocalPoint"), the Company’s broker-dealer subsidiaries, are registered with the SEC as broker-dealers and members of the Financial Industry Regulatory Authority, Inc. (“FINRA”). The Company’s broker-dealer subsidiaries are subject to SEC Uniform Net Capital Rule (Rule 15c3-1) which requires the maintenance of minimum net capital and requires that the ratio of aggregate indebtedness to net capital, both as defined, shall not exceed 15 to 1. As such, they are subject to the minimum net capital requirements promulgated by the SEC. As of June 30, 2022, BRS had net capital of $150,415, which was $146,305 in excess of required minimum net capital of $4,110; BRWM had net capital of $10,699, which was $10,029 in excess of required minimum net capital of $670; NSC had net capital of $363 which was $113 in excess of required minimum net capital of $250; and FocalPoint had net capital of $513 which was $271 in excess of the required minimum net capital of $242.As of December 31, 2021, BRS had net capital of $277,611, which was $265,093 in excess of its required minimum net capital of $12,518; BRWM had net capital of $13,833, which was $12,819 in excess of its required minimum net capital of $1,014; and NSC had net capital of $1,959 which was $959 in excess of required minimum net capital of $1,000.