UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED): May 3, 2005 FIRST MONTAUK FINANCIAL CORP. ----------------------------- (Exact name of registrant as specified in its charter) COMMISSION FILE NUMBER: 0-6729 ------ NEW JERSEY 22-1737915 ---------- ---------- (State or other jurisdiction (I.R.S. Employer Identification No.) of incorporation or organization) Parkway 109 Office Center 328 Newman Springs Road Red Bank, NJ 07701 (Address and zip code of principal executive offices) (732) 842-4700 (Registrant's telephone number, including area code CHECK THE APPROPRIATE BOX BELOW IF THE FORM 8-K FILING IS INTENDED TO SIMULTANEOUSLY SATISFY THE FILING OBLIGATION OF THE REGISTRANT UNDER ANY OF THE FOLLOWING PROVISIONS: |_| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |_| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |_| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |_| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) 1 of 2 Item 7.01 REGULATION FD DISCLOSURE The Board of Directors of Registrant has sent to its shareholders a letter regarding certain recent events and in response to letters sent by a dissident group of shareholders. A copy of the letter is filed as Exhibit 99.1 to this Form 8-K. The attached exhibit is furnished pursuant to Regulation FD. Item 9.01 FINANCIAL STATEMENTS AND EXHIBITS Exhibit Letter to shareholders dated May 3, 2005. 99.1 SIGNATURE FIRST MONTAUK FINANCIAL CORP. By: /s/ Victor K. Kurylak ----------------------------- Name: Victor K. Kurylak Title: Chief Executive Officer Date: May 3, 2005 EXHIBIT INDEX Exhibit Number Description ------ ------------ 99.1 Letter to shareholders dated May 3, 2005. 2 of 2