Case summary
On October 27, 2025, the Washington State Department of Financial Institutions Division of Securities entered a Statement of Charges (S-22-3413-25-SC01) against Jenni Yoon Jeon Lee (a/k/a Jenni Lee or Yoon Jeong Lee) Puget Sound Financial, LLC.
Order details
Order File: S-22-3413-25-SC01
Laws & Rules: RCW 21.20.140, RCW 21.20.040, RCW 21.20.010
Penalties/Remedies:
- $50,000 fines
- $40,000 costs
Allegations
Puget Sound Financial, LLC violated the Securities Act of Washington by (1) offering and selling unregistered securities, and (2) making untrue statements of material fact or omitting to state material facts necessary to make the statements made, in light of the circumstances in which they were made, not misleading.
Jenni Yoon Jeon Lee violated the Securities Act of Washington by (1) offering and selling securities while not being registered as a securities salesperson or broker-dealer, and (2) making untrue statements of material fact or omitting to state material facts necessary to make the statements made, in light of the circumstances in which they were made, not misleading.
The Respondent has a right to request a hearing on the Statement of Charges.