Registration revoked for securities cold caller - KATV - Breaking News, Weather and Razorback Sports

Registration revoked for securities cold caller

Posted:

LITTLE ROCK (AP) - A New York broker pitching stock to strangers over the phone happened to cold call an examiner with the Arkansas Securities Department and wound up losing his registration.

The department said Thursday that it revoked the registration of Junmo Hong of New York-based John Thomas Financial for securities fraud and other alleged violations.

The department said Hong "made unfounded representations" about a stock and falsely claimed to have spoken to the prospective client several times in the past. The agency says one supposed call in 2006 would have been when Hong was 14 years old.

Hong signed a consent order acknowledging the violations. Hong doesn't have a listed phone number and calls Thursday to John Thomas Financial did not go through.

Hong was also cited for violating Arkansas' do-not-call list.

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

  • Most Popular StoriesMost Popular StoriesMore>>

  • 20 year old Stuttgart man shot while walking his dog dies

    20 year old Stuttgart man shot while walking his dog dies

    Wednesday, July 23 2014 11:50 PM EDT2014-07-24 03:50:30 GMT
    UPDATE: 20 year old Daniel Ruffin passed away Wednesday night. STUTTGART (KATV) - Community members held a prayer vigil for Daniel Ruffin after he was shot in the chest on Tuesday night. Ruffin was walking his dog in front of his home on South Maple street just after 5 pm when he was shot. Neighbors At Wednesday's vigil Ruffin's family was warmly consoled and encouraged by neighbors.More >>
    UPDATE: 20 year old Daniel Ruffin passed away Wednesday night. STUTTGART (KATV) - Community members held a prayer vigil for Daniel Ruffin after he was shot in the chest on Tuesday night. Ruffin was walking his dog in front of his home on South Maple street just after 5 pm when he was shot. Neighbors At Wednesday's vigil Ruffin's family was warmly consoled and encouraged by neighbors. More >>
  • Lockdown lifted at Little Rock Air Force Base

    Lockdown lifted at Little Rock Air Force Base

    Wednesday, July 23 2014 5:48 PM EDT2014-07-23 21:48:11 GMT
    The lockdown at Little Rock Air Force Base has been lifted.More >>
    The lockdown at Little Rock Air Force Base has been lifted.More >>
  • FOLLOW-UP: Coroner says "pure speculation" if son would have been saved

    FOLLOW-UP: Coroner says "pure speculation" if son would have been saved

    Wednesday, July 23 2014 6:51 PM EDT2014-07-23 22:51:41 GMT
    CONWAY (KATV) – The Faulkner County Coroner said it was a lethal combination of a multitude of drugs that ultimately killed 20 year-old Joshua Ashley-Pauley – the son of the man holding a sign public shaming his son’s friends who he believes did nothing to help save his son. More >>
    CONWAY (KATV) – The Faulkner County Coroner said it was a lethal combination of a multitude of drugs that ultimately killed 20 year-old Joshua Ashley-Pauley – the son of the man holding a sign public shaming his son’s friends who he believes did nothing to help save his son. More >>