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Adminstrative Actions & Decisions — K

Respondents OAH File No. Decision's Effective Date Law Description
Keegan, Kenneth W. N2006010920 07/20/06 Corporate Securities Law of 1968 Order to desist and refrain from offering and selling unqualified securities pursuant to Corporations Code Section 25532 of the Corporate Securities Law of 1968.
Kim, Kwang Tae

L2004040768
L2004040770
L2004040772

[Note all files are combined into one.]

 07/16/04 California Finance Lenders Law

Order to (1) revoke Finance Lenders license, (2) to deny application for licensure, and (3) to desist and refrain from (i) charging excessive administrative fees, (ii) requiring borrowers to make their first loan payment less than 15 days from the date of the loan, and (iii) failing to comply with a demand of the Commissioner to make refunds of excessive administrative fees pursuant to California Financial Code sections 22714, 22109, and 22712 of the California Finance Lenders Law.

See also other orders issued.
Kobay Financial Corporation L2005040040 11/04/05 CaliforniaFinance Lenders Law Order to revoke finance lenders license for providing a false brokers license, brokering loans to nonlicensed lenders, failing to disclose broker fees, failing to disclose license number and other information, preparing false borrower-lender agreements and good faith estimates, and paying commissions to non-exempt persons, in violation of Financial Code Sections 22059 (c), 22156 (c), 22161 (b), 22338 (d) and (f), and Title 10, California Code of Regulations, Sections 1451 (c) and 1454 (a) (5) and (g).