SIEBERT FINANCIAL CORP. (NASDAQ:SIEB) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

Item 5.02 Departure of Directors or Certain Officers; Election of
Directors; Appointment of Certain Officers; Compensatory
Arrangements of Certain Officers.

Siebert Financial Corp. (the Company) is filing this Amendment
No. 1 on Form 8-K/A (this Amendment) to correct and clarify the
Form 8-K filed with the Securities and Exchange Commission on
December 21, 2016 (the Original Report).

The second paragraph under Item 5.02 Departure of Directors or
Certain Officers; Election of Directors; Appointment of Certain
Officers; Compensatory Arrangements of Certain Officers is hereby
deleted and replaced in its entirely with the following:

In accordance with the terms of the Acquisition Agreement,
effective as of the Closing Date, Andrew H. Reich was appointed
as the Companys Executive Vice President, Chief Operating
Officer, Chief Financial Officer and Secretary.