First Montauk Financial Corp. is a holding company whose principal subsidiary, First Montauk Securities Corp., operates a securities broker-dealer registered with the Securities and Exchange Commission (SEC), the National Association of Securities Dealers, the Municipal Securities Rule Making Board and the Securities Investor Protection Corporation. First Montauk Securities Corp. has been operating under the registered tradename of Montauk Financial Group, which provides a range of securities brokerage and investment services to retail and institutional clientele, as well as corporate finance and investment banking services to corporations and businesses. Montauk Financial Group is licensed to conduct its brokerage activities in all 50 states, the District of Columbia and the Commonwealth of Puerto Rico. First Montauk Financial also sells insurance products through its subsidiary, Montauk Insurance Services, Inc.