FORM 3
U.S. SECURITIES AND EXCHANGE COMMISSION _____________________
WASHINGTON, D.C. 20549 | OMB APPROVAL |
INITIAL STATEMENT OF |_____________________|
BENEFICIAL OWNERSHIP OF SECURITIES |OMB NUMBER: 3235-0104|
|EXPIRES: |
| SEPTEMBER 30, 1998 |
Filed pursuant to Section 16(a) of the |ESTIMATED AVERAGE |
Securities Exchange Act of 1934, |BURDEN HOURS |
Section 17(a) of the Public Utility |PER RESPONSE 0.5 |
Holding Company Act of 1935 |_____________________|
or Section 30(f) of the Investment
Company Act of 1940
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1. Name and Address of Reporting Person
Marks Joel E.
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(Last) (First) (Middle)
980 N. Federal Highway, Suite 320
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(Street)
Boca Raton Florida 33432
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(City) (State) (Zip)
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2. Date of Event Requiring Statement (Month/Day/Year)
June 12, 1998
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3. IRS OR SOCIAL SECURITY NUMBER OF REPORTING PERSON (VOLUNTARY)
-----
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4. Issuer Name and Ticker or Trading Symbol
JWGenesis Financial Corp. (JWC)
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5. RELATIONSHIP OF REPORTING PERSON(S) TO ISSUER (CHECK ALL APPLICABLE)
(XX) DIRECTOR
( ) 10% OWNER
(XX) OFFICER (GIVE TITLE BELOW)
( ) OTHER (SPECIFY TITLE BELOW)
Executive Vicre President, Chief Financial Officer
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6. IF AMENDMENT, DATE OF ORIGINAL (MONTH/DAY/YEAR)
N/A
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7. INDIVIDUAL OR JOINT/GROUP FILING (CHECK APPLICABLE LINE)
X FORM FILED BY ONE REPORTING PERSON
FORM FILED BY MORE THAN ONE REPORTING PERSON
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TABLE I - NON-DERIVATIVE SECURITIES BENEFICIALLY OWNED
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<PAGE>
|1. TITLE OF SECURITY|2. AMOUNT OF |3. OWNERSHIP |4. NATURE OF INDIRECT |
| (INSTR. 4) | SECURITIES | FORM DIRECT| BENEFICIAL OWNERSHIP|
| | BENEFICIALLY| DIRECT (D) | (INSTR. 5) |
| | OWNED | OR INDIRECT| |
| | (INSTR. 4) | (I) (INSTR.| |
| | | 5) | |
|____________________|_______________|______________|_______________________|
| | | | |
| Common Stock | 73,933 | D | N/A |
| Common Stock | 73,750 (1) | I | By Spouse |
| Common Stock | 120,000 | I | By Self- as custodian |
| | | | for minor children |
| | | | |
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TABLE II - DERIVATIVE SECURITIES BENEFICIALLY OWNED
(E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
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1. Title of Derivative Security (Instr. 4)
Option to buy common stock
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2. Date Exercisable and Expiration Date (Month/Day/Year)
12/31/97: 09/11/01
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3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)
Common Stock 15,734
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4. Conversion or Exercise Price of Derivative Security
$4.493
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5. Ownership Form of Derivative Security: Direct(D) or Indirect(I)(Instr. 5)
D
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6. Nature of Indirect Beneficial Ownership (Instr. 5)
N/A
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1. Title of Derivative Security (Instr. 4)
Option to buy common stock
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2. Date Exercisable and Expiration Date (Month/Day/Year)
12/31/97; 09/11/01
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3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)
Common Stock 10,517
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4. Conversion or Exercise Price of Derivative Security
$4.493
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5. Ownership Form of Derivative Security: Direct(D) or Indirect(I)(Instr. 5)
D
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6. Nature of Indirect Beneficial Ownership (Instr. 5)
N/A
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1. Title of Derivative Security (Instr. 4)
Option to buy common stock
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2. Date Exercisable and Expiration Date (Month/Day/Year)
09/17/98; 09/17/02
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3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)
Common Stock 11,019
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4. Conversion or Exercise Price of Derivative Security
$9.075
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5. Ownership Form of Derivative Security: Direct(D) or Indirect(I)(Instr. 5)
D
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6. Nature of Indirect Beneficial Ownership (Instr. 5)
N/A
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1. Title of Derivative Security (Instr. 4)
Option to buy common stock
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2. Date Exercisable and Expiration Date (Month/Day/Year)
09/17/98; 09/17/02
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3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)
Common Stock 15,231
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4. Conversion or Exercise Price of Derivative Security
$9.075
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5. Ownership Form of Derivative Security: Direct(D) or Indirect(I)(Instr. 5)
D
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6. Nature of Indirect Beneficial Ownership (Instr. 5)
N/A
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EXPLANATION OF RESPONSES:
(1) Mr. Marks disclaims beneficial ownership of these shares.
/s/ Joel E. Marks 6/12/98
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** SIGNATURE OF REPORTING PERSON DATE
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** INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACTS CONSTITUTE FEDERAL
CRIMINAL VIOLATIONS.
SEE 18 U.S.C. 1001 AND 15 U.S.C. 78FF(A).
POTENTIAL PERSONS WHO ARE TO RESPOND TO THE COLLECTION OF INFORMATION
CONTAINED IN THIS FORM ARE NOT REQUIRED TO RESPOND UNLESS THE FORM
DISPLAYS A CURRENTLY VALID OMB NUMBER.
