Initiated By
TEXAS
Allegations
JOHN KENNETH LINK, ON OR ABOUT NOVEMBER 24, 2003, JOHN KENNETH LINK FILED A FORM U-4 WITH THE SECURITIES COMMISSIONER AS AN INVESTMENT ADVISER REPRESENTATIVE OF LINK FINANCIAL CORPORATION ("LFC"), WHICH IS CURRENTLY PENDING. FROM ON OR ABOUT JANUARY 1, 2003 TO THE PRESENT, JOHN KENNETH LINK HAS RENDERED SERVICES AS AN INVESTMENT ADVISER REPRESENTATIVE OF LFC TO THE CUSTOMERS OF LFC. FROM ON OR ABOUT JANUARY 1, 2003 TO THE PRESENT, JOHN KENNETH LINK HAS NOT BEEN REGISTERED WITH THE SECURITIES COMMISSIONER AS AN INVESTMENT ADVISER REPRESENTATIVE AS REQUIRED BY SECTION 12.B OF THE TEXAS SECURITIES ACT, OR NOTICED FILED AS PROVIDED BY SECTION 12-1 OF THE TEXAS SECURITIES ACT. JOHN KENNETH LINK AND HIS COMPANY,LFC WERE ISSUED ORDER NO. CEN/SUS-1038 ON OR ABOUT FEBRUARY 6, 1995 FOR CONDUCTING INVESTMENT ADVISORY ACTIVITIES IN TEXAS WITHOUT BEING PROPERLY REGISTERED. DURING THE PERIOD FROM ON OR ABOUT MARCH 26, 2001 TO ON OR ABOUT DECEMBER 31, 2002, JOHN KENNETH LINK WAS REGISTERED WITH THE SECURITIES COMMISSIONER AS THE OFFICE, AGENT AND INVESTMENT ADVISER REPRESENTATIVE FOR LFC. ON OR ABOUT DECEMBER 31, 2002, THE REGISTRATION OF JOHN KENNETH LINK WAS TERMINATED DUE TO NON-RENEWAL.
Resolution
Order
Sanctions
Monetary/Fine
Amount
$35,000.00
Sanctions
Suspension
Sanctions
REPRIMAND
Sanction Details
JOHN KENNETH LINK HAS BEEN REPRIMANDED AND IS SUSPENDED FOR FORTY CALENDAR DAYS, BEGINNING THE APPROVAL DATE OF SUCH REGISTRATION FROM RENDERING INVESTMENT ADVISORY SERVICES, FOR COMPENSATION CONCURRENTLY, DEFERRED OR OTHERWISE, FOR ANY NEW CUSTOMER ACCOUNTS. JOHN KENNETH LINK IS ASSESED AN ADMINISTRATIVE FINE OF $35,000.
Broker Comment
LINK WAS REPRIMANDED AND WAS SUSPENDED FROM RENDERING INVESTMENT ADVISORY SERVICES, FOR COMPENSATION CONCURRENTLY, DEFERRED OR OTHERWISE, FOR ANY NEW CUSTOMER ACCOUNTS BEGINNING JUNE 28, 2004 FOR FORTY CALENDAR DAYS. LINK WAS ASSESSED AN ADMINISTRATIVE FINE OF $35,000. LINK COOPERATED WITH INQUIRY AND THE REGISTRATIONS WERE REINSTATED.