Initial Statement of Beneficial Ownership (3)

FORM 3	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES	OMB APPROVAL OMB Number: 3235-0104 Estimated average burden hours per response... 0.5
	Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

1. Name and Address of Reporting Person ^*

Gebbia John J

2. Date of Event Requiring Statement (MM/DD/YYYY) 6/1/2020

3. Issuer Name and Ticker or Trading Symbol

SIEBERT FINANCIAL CORP [SIEB]

(Last) (First) (Middle)

C/O SIEBERT FINANCIAL CORP., 120 WALL STREET

4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__X__ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)

(Street)

NEW YORK, NY 10005

(City) (State) (Zip)

5. If Amendment, Date Original Filed(MM/DD/YYYY)

6. Individual or Joint/Group Filing(Check Applicable Line)

_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock, $0.01 par value per share	10031236	I	By wife ⁽¹⁾
Common Stock, $0.01 par value per share	6013280	I	By family ⁽²⁾
Common Stock, $0.01 par value per share	3177283	I	By KCA ⁽³⁾

*Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)*
1. Title of Derivate Security (Instr. 4)	2. Date Exercisable and Expiration Date (MM/DD/YYYY)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivate Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security		6. Nature of Indirect Beneficial Ownership (Instr. 5)

Explanation of Responses:
(1)	The Reporting Person may be deemed to be the indirect beneficial owner of 10,031,326 shares of Issuer common stock that is directly owned by the Reporting Person's wife, Gloria E. Gebbia. The Reporting Person disclaims beneficial ownership of such shares of Issuer common stock, except to the extent of the Reporting Person's pecuniary interest therein.
(2)	The Reporting Person may be deemed to be the indirect beneficial owner of 6,013,280 shares of Issuer common stock that is directly owned by family trusts and certain family members. The Reporting Person disclaims beneficial ownership of such shares of Issuer common stock, except to the extent of the Reporting Person's pecuniary interest therein.
(3)	The Reporting Person may be deemed to be the indirect beneficial owner of 3,177,283 shares of Issuer common stock that is directly owned by Kennedy Cabot Acquisition, LLC ("KCA"). Gloria E. Gebbia, the Reporting Person's wife, is the Managing Member of KCA. The Reporting Person disclaims beneficial ownership of such shares of Issuer common stock, except to the extent of the Reporting Person's pecuniary interest therein.

Reporting Owners
Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
Gebbia John J C/O SIEBERT FINANCIAL CORP. 120 WALL STREET NEW YORK, NY 10005	X