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<CONFORMED-NAME>BKF CAPITAL GROUP INC
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<STREET1>ONE ROCKEFELLER PLAZA
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<FORMER-CONFORMED-NAME>BAKER FENTRESS & CO
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<FORMER-CONFORMED-NAME>BAKER FENTRESS & CO ET AL
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<DESCRIPTION>FORM 8-K
<TEXT>
                                  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): June 1, 2011


                         Commission file number: 1-10024

                             BKF CAPITAL GROUP INC.
             ------------------------------------------------------
             (Exact Name of Registrant as Specified in its Charter)


           Delaware                                   36-0767530
 ------------------------------                   ------------------
State or other jurisdiction of                     (I.R.S. Employer
incorporation or organization                     Identification No.)


              225 N.E. Mizner, Suite 400 Boca Raton, Florida 33432
             ------------------------------------------------------
               (Address of Principal Executive Office) (Zip Code)


                                 (561) 362-4199
               --------------------------------------------------
               (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 (see General Instruction A.2. below):

[ ] 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))

<PAGE>

Section 8 - Other Events.

Item 8.01 Other Events.

       On June 1, 2011, BKF Capital Group, Inc. (the "Company") issued a press
release announcing that the Company is pursuing an updated corporate strategy,
whereby the Company's is actively seeking to acquire business targets that show
growth characteristics at a reasonable valuation or to purchase controlling
equity positions in such business targets. A copy of the Company's press release
is attached to this report as Exhibit 99.1.


Section 9 - Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits.

         (d) Exhibits.

         The following Exhibits are hereby filed as part of this Current Report
on Form 8-K:

Exhibit
-------
99.1     Press Release, dated June 1, 2011.


                                   SIGNATURES


     Pursuant to the requirements of the Securities Exchange Act of 1934, BKF
Capital Group, Inc. has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.

Dated: June 2, 2011

                                           BKF CAPITAL GROUP, INC.
                                                 (Registrant)


                                       By: /s/ STEVEN N. BRONSON
                                           ----------------------------
                                           Steven N. Bronson, President

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>ex99-1.txt
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
                                                                   Exhibit 99.1




Press Release
For Immediate Release
BKF Capital Group Inc.

June 1, 2011


         BKF Capital Group, Inc. Announces an Updated Corporate Strategy


     Boca Raton, Florida - (BUSINESS WIRE) - BKF Capital Group Inc. (OTCQB -
"BKFG"), a publicly traded company, announced an updated corporate strategy
today. BKF Capital's new plan of operations is to actively seek acquisition
targets that show growth characteristics at a reasonable valuation. "We are
seeking to deploy our capital with a focus on purchasing majority ownership
stakes in both public and private companies," said Steven N. Bronson, the firm's
Chairman and CEO. "Our goal is to achieve a high rate of return on invested
capital and build long term value for our shareholders," said Mr. Bronson.

BKF Capital is currently seeking businesses in both growth and defensible
industries. "We focus on targets with revenues greater than $2 million with a
positive profitability trend," said Maria N. Fregosi, the firm's Senior Vice
President and CFO. "We recognize that a growing company may be refining their
products or services, systems, controls and management teams and we can be a
partner in this process with capital and expertise," added Ms. Fregosi, "we
encourage all interested companies to go to our website www.bkfcapital.com and
submit their information to us."


About BKF Capital Group Inc.
----------------------------

BKF Capital Group Inc. (OTC QB - "BKFG") is a publicly traded company focused on
arranging a merger, acquisition, business combination or other arrangement with
both public and private companies with unique value opportunities and/or
acquiring a controlling position in such companies through equity purchases or
debt financings. For additional information please visit: www.bkfcapital.com.


Contact:

BKF Capital Holdings Inc., Boca Raton
Maria Fregosi  561-362-4199 x 209
mfregosi@bkfcapital.com
</TEXT>
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