SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D/A
(Rule 13d-101)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO
RULE 13d-2(a)
(Amendment No. 2)(1)
JWGenesis Financial Corp.
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(Name of Issuer)
Common Stock, $.001 Par Value Per Share
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(Title of Class of Securities)
482227105
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(CUSIP Number)
JOEL E. MARKS
c/o JWGENESIS FINANCIAL CORP.
980 NORTH FEDERAL HIGHWAY
SUITE 310
BOCA RATON, FL 33432
800-226-2600
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(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
2-24-00
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(Date of Event which Requires Filing of This Statement)
If the filing person has previously filed a statement on Schedule 13G to
report the acquisition that is the subject of this Schedule 13D, and is filing
this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the
following box [_].
Note: Schedules filed in paper format shall include a signed original
and five copies of the schedule, including all exhibits. See Rule 13d-7(b)
for other parties to whom copies are to be sent.
(Continued on following pages)
(Page 1 of 4 Pages)
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(1) The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which
would alter disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
(SC13D-07/99)
<PAGE>
CUSIP No. 482227105 13D Page 2 of 4 Pages
________________________________________________________________________________
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Joel E. Marks
________________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [_]
(b) [_]
________________________________________________________________________________
3 SEC USE ONLY
________________________________________________________________________________
4 SOURCE OF FUNDS*
N/A
________________________________________________________________________________
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) [_]
________________________________________________________________________________
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
________________________________________________________________________________
7 SOLE VOTING POWER
NUMBER OF 295,823 <F1> <F2>
SHARES _________________________________________________________________
8 SHARED VOTING POWER
BENEFICIALLY
0
OWNED BY
_________________________________________________________________
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 295,823 <F1> <F2>
PERSON _________________________________________________________________
10 SHARED DISPOSITIVE POWER
WITH
0
________________________________________________________________________________
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2952834 <F1> <F2>
________________________________________________________________________________
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
[X]
________________________________________________________________________________
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
5.3%
________________________________________________________________________________
14 TYPE OF REPORTING PERSON*
IN
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
[FN]
<F1> Includes options to acquire 2,161 shares of Common Stock which are
presently exercisable.
<F2> Excludes shares owned by Mr. Marks' wife, of which Mr. Marks disclaims
beneficial ownership.
</FN>
<PAGE>
CUSIP No. 482227105 13D Page 3 of 4 Pages
________________________________________________________________________________
Item 1. Security and Issuer.
This Schedule 13D is filed by Joel E. Marks
with respect to his ownership of shares of common stock,
$.001 par value, of JWGenesis Financial Corp.
(the "Issuer"). The Issuer's principal executive offices
are located at 980 North Federal Highway, Suite 310, Boca Raton,
Florida 33432.
________________________________________________________________________________
Item 2. Identity and Background.
Joel E. Marks
c/o JWGenesis Financial Corp.
11117 Perimeter Center West
Suite 500 E
Atlanta, Georgia 30338
Mr. Marks is a citizen of the United States and is Vice Chairman
and Chief Operating Officer of the Issuer.
During the last five years, Mr. Marks has not been convicted in
a criminal proceeding (excluding traffic violations or similar
misdemeanors), and he was not a party to a civil proceeding of
a judicial or administrative body of competent jurisdiction and
as a result of such proceeding was or is subject to a judgment,
decree, or final order enjoining future violations of (or
prohibiting or mandating activities subject to) federal or state
securities laws of finding any violation with respect to such laws.
_______________________________________________________________________________
Item 3. Source and Amount of Funds or Other Consideration.
N/A
________________________________________________________________________________
Item 4. Purpose of Transaction.
On February 24, 2000, the Issuer completed a tender offer for 1,166,667
shares of its common stock, at a price of $30.00, net per share. Pursuant to
the tender offer, the Issuer purchased 59,523 shares of its common stock
beneficially owned by Mr. Marks.
This Amendment is filed to update Mr. Marks' earlier Schedule 13D filing.
Mr. Marks has no plan or proposal that would result in any of the matters
referenced in subparts (a) through (j) or this Item 4.
________________________________________________________________________________
Item 5. Interest in Securities of the Issuer.
(a) Mr. Marks directly owns 196,047 shares of the Issuer's common
stock (including options to acquire 2,161 shares of the Issuer's
common stock which are presently exercisable), approximately
3.3% of the Issuer's outstanding common stock. In addition, Mr.
Marks, as the trustee for his minor children under the Uniform
Gifts to Minors Act of Georgia, beneficially owns 99,776 shares
of the Issuer's common stock or approximately 1.8% of the
Issuer's common stock outstanding.
(b) See Item 5(a).
(c) See Item 4.
(d) Not Applicable.
(e) Not Applicable.
________________________________________________________________________________
Item 6. Contracts, Arrangements, Understandings or Relationships with Respect
to Securities of the Issuer.
None.
________________________________________________________________________________
Item 7. Material to be Filed as Exhibits.
None.
________________________________________________________________________________
<PAGE>
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
3/17/00
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(Date)
/s/ Joel E. Marks
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(Signature)
Joel E. Marks
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(Name/Title)
