Eugene H Kim

11/06/2024: FINANCIAL INDUSTRY REGULATORY AUTHORITY OFFICE OF HEARING OFFICERS DEPARTMENT OF ENFORCEMENT, Complainant, v. EUGENE H. KIM (CRD No. 2264940), Respondent. Disciplinary Proceeding No. 2019064508802 Hearing Officer–DRS EXTENDED HEARING PANEL DECISION November 6, 2024 For engaging in unethical conduct and acting in bad faith by misusing customer funds and making misrepresentations and omissions in connection with a private placement offering, Respondent is suspended in all capacities for six months, fined $35,000, and ordered to disgorge the commissions he earned in connection with his misconduct. The Hearing Officer dissents from the imposition of a six-month suspension and, instead, would have imposed a one-year suspension. Appearances For the Complainant: Robert J. Kennedy, Esq., Roger J. Kiley, Esq., John R. Baraniak, Jr., Esq., and Savvas A. Foukas, Esq., Department of Enforcement, Financial Industry Regulatory Authority For the Respondent: Martin H. Kaplan, Esq., Timothy Feil, Esq., and Robyn D. Paster, Es

07/11/2023: FINANCIAL INDUSTRY REGULATORY AUTHORITY OFFICE OF HEARING OFFICERS Disciplinary Proceeding No. 2019064508802 Department of Enforcement, Complainant, v. Eugene H. Kim CRD No. 2264940, Respondent. COMPLAINT The Department of Enforcement alleges: SUMMARY 1. Between December 2017 and June 2019 (the “relevant period”), while associated with National Securities Corporation (NSC) (CRD No. 7569), Eugene Kim engaged in unethical conduct, acted in bad faith, and misused customer funds in connection with a private offering sold by NSC. In December 2017, Kim proposed to NSC’s commitment committee that NSC initiate a private placement offering through an NSC-affiliated fund for shares in a private company (“Company A”) at a maximum price-per-share of $9.75. At the time he submitted the offering for approval, Kim had not confirmed a source of shares for the offering at any price.

Reference 2019064508802data-portal.finra.orgfinra.orgdata-portal.finra.org