-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Qx3ZxaqG7NZUJhPMWLosv8o4JdWle+TXAUs6T74wc84xMbCIhClzt+a3YXl/Cf/X pj9OTUgji+WW4+azAAT2rw== 0001062993-10-003461.txt : 20101028 0001062993-10-003461.hdr.sgml : 20101028 20101028150856 ACCESSION NUMBER: 0001062993-10-003461 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20101028 DATE AS OF CHANGE: 20101028 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Standard Financial Corp. CENTRAL INDEX KEY: 0001492915 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] IRS NUMBER: 000000000 STATE OF INCORPORATION: MD FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-85705 FILM NUMBER: 101147778 BUSINESS ADDRESS: STREET 1: 2640 MONROEVILLE BOULEVARD CITY: MONROEVILLE STATE: PA ZIP: 15146 BUSINESS PHONE: 412-856-0363 MAIL ADDRESS: STREET 1: 2640 MONROEVILLE BOULEVARD CITY: MONROEVILLE STATE: PA ZIP: 15146 FORMER COMPANY: FORMER CONFORMED NAME: Standard Financial, Corp. DATE OF NAME CHANGE: 20100528 FORMER COMPANY: FORMER CONFORMED NAME: Standard Financial, Inc. DATE OF NAME CHANGE: 20100527 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: RAFFLES ASSOCIATES LP CENTRAL INDEX KEY: 0001169581 IRS NUMBER: 043272997 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 2 PENN PLAZA STREET 2: SUITE 1920A CITY: NEW YORK STATE: NY ZIP: 10121 BUSINESS PHONE: 212-760-2322 MAIL ADDRESS: STREET 1: 2 PENN PLAZA STREET 2: SUITE 1920A CITY: NEW YORK STATE: NY ZIP: 10121 SC 13G 1 sc13g.htm SCHEDULE 13G Raffles Capital Management: Form SC 13G - Filed by newsfilecorp.com

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No. ___)*

Standard Financial Corp
(Name of Issuer)

Common Stock
(Title of Class of Securities)

853393106
(CUSIP Number)

October 18, 2010
(Date of Event which Requires Filing of this Statement)

 Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

[_] Rule 13d-1(b)

[X] Rule 13d-1(c)

[_] Rule 13d-1(d)

*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 the disclosures provided in a prior cover page.

The information required in 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 (“Act”) 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).

SCHEDULE 13G

CUSIP No. 853393106

1
Names of Reporting Persons

Raffles Associates, L.P.
2

Check the appropriate box if a member of a Group (see instructions)

       (a) [ ]
       (b) [x ]
3
Sec Use Only
 
4
Citizenship or Place of Organization

Delaware


Number of
Shares
Beneficially
Owned by Each
Reporting Person
With:

5

 Sole Voting Power

239,508
6

Shared Voting Power

0
7

Sole Dispositive Power

239,508
8
Shared Dispositive Power

0
9
Aggregate Amount Beneficially Owned by Each Reporting Person

239,508
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

[ ]
11
Percent of class represented by amount in row (9)

6.9%
12
Type of Reporting Person (See Instructions)

PN

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Item 1.

(a)

Name of Issuer: Standard Financial Corp

   
(b)

Address of Issuer’s Principal Executive Offices: 2640 Monroeville Boulevard, Monroeville, Pennsylvania

Item 2.

(a)

Name of Person Filing: Raffles Associates, LP

   
(b)

Address of Principal Business Office or, if None, Residence:

   
  2 Penn Plaza, Suite 1920A, New York NY 10121
   
(c)

Citizenship: Not applicable

   
(d)

Title and Class of Securities: Common Stock

   
(e)

CUSIP No.: 853393106


Item 3.   If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:

  (a) [_] Broker or dealer registered under Section 15 of the Act;
       
  (b) [_] Bank as defined in Section 3(a)(6) of the Act;
       
  (c) [_] Insurance company as defined in Section 3(a)(19) of the Act;
       
  (d) [_] Investment company registered under Section 8 of the Investment Company Act of 1940;
       
  (e) [_] An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E);
       
  (f) [_] An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F);
       
  (g) [_] A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G);
       
  (h) [_] A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
     
  (i) [_] A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940;
       
  (j) [_] A non-U.S. institution in accordance with Rule 240.13d-1(b)(1)(ii)(J);
       
  (k) [_] Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with Rule 240.13d-1(b)(1)(ii)(J), please specify the type of institution:

Item 4.  

Ownership

(a)

Amount Beneficially Owned: 239,508

Page 3 of 5


(b)

Percent of Class: 6.9%

     
(c)

Number of shares as to which such person has: 239,508

     
(i)

Sole power to vote or to direct the vote:

     
(ii)

Shared power to vote or to direct the vote:

     
(iii)

Sole power to dispose or to direct the disposition of: 239,508

     
(iv)

Shared power to dispose or to direct the disposition of:


Item 5.   Ownership of Five Percent or Less of a Class.
   

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [    ].


Item 6. Ownership of more than Five Percent on Behalf of Another Person.
   
Item 7. Identification and classification of the subsidiary which acquired the security being reported on by the parent holding company or control person.
   
Item 8. Identification and classification of members of the group.
   
Item 9. Notice of Dissolution of Group.
   
Item 10.   Certifications.

Page 4 of 5

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.

Dated: October 28, 2010

  RAFFLES ASSOCIATES, L.P.
  By: RAFFLES CAPITAL ADVISORS, LLC,
  General Partner
   
  By: /s/ Paul H. O’Leary
  Name: Paul H. O’Leary
   
  Title: Managing Member

The original statement shall be signed by each person on whose behalf the statement is filed or his authorized representative. If the statement is signed on behalf of a person by his authorized representative (other than an executive officer or general partner of this filing person), evidence of the representative's authority to sign on behalf of such person shall be filed with the statement, provided, however, that a power of attorney for this purpose which is already on file with the Commission may be incorporated by reference. The name and any title of each person who signs the statement shall be typed or printed beneath his signature.

Attention: Intentional misstatements or omissions of fact constitute Federal criminal violations (See 18 U.S.C. 1001).

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