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COMMISSION ANNOUNCEMENTSSEC Announces August 4 Roundtable on Performance of IFRS and U.S. GAAP during Subprime CrisisOn July 28, the Securities and Exchange Commission announced that it will host a roundtable on Monday, August 4 to analyze the performance of International Financial Reporting Standards (IFRS) and U.S. Generally Accepted Accounting Principles (U.S. GAAP) during the recent period of market turmoil. "This roundtable will provide the Commission with valuable insights from investors, issuers, auditors, and others about the way that both IFRS and U.S. GAAP performed in the context of the current pressures on the marketplace," said SEC Chairman Christopher Cox. "We are particularly interested in how the two sets of standards dealt with the key accounting issues in the subprime crisis, including off-balance sheet entities and fair value." The SEC's roundtable will take place from 1 p.m. to 5 p.m. and consist of two panels that will include investors, issuers, auditors, and various other parties with experience in financial reporting. Additionally, representatives from the Financial Accounting Standards Board and the International Accounting Standards Board will be present as observers. The roundtable will be held in the auditorium at the SEC's headquarters at 100 F Street, N.E., Washington, D.C. The agenda, including a list of participants and moderators, will be issued shortly. The roundtable will be open to the public with seating on a first-come, first-served basis, and also will be webcast on the SEC Web site. The Commission welcomes feedback regarding any of the topics to be addressed at the roundtable. The information that is submitted will become part of the public record of the roundtable. Submissions to the Commission may be provided by any of the following methods: Electronic submission options:
Paper submissions: Send paper submissions in triplicate to Florence E. Harmon, Acting Secretary of the Securities and Exchange Commission, 100 F Street, N.E., Washington, D.C. 20549-1090. All submissions should refer to File Number 4-564. This file number should be included on the subject line if e-mail is used. To help process and review submissions more efficiently, please use only one method. The Commission will post all submissions on its Web site at www.sec.gov. Please note that all submissions received will be posted without change. The SEC does not edit personal identifying information from submissions. Only information desired to be shared publicly should be submitted. (Press Rel. 2008-150) Jonathan Burks, Director of Legislative and Intergovernmental Affairs, to Complete SEC Service and Pursue Graduate StudiesThe Securities and Exchange Commission announced today that Jonathan W. Burks, Director of the Office of Legislative and Intergovernmental Affairs, will leave the SEC on Aug. 1, 2008, to pursue graduate studies. Mr. Burks, who holds a bachelor's degree from the Georgetown University School of Foreign Service, has enrolled in the Paul H. Nitze School of Advanced International Studies at Johns Hopkins University. "The members and staff of the Commission will greatly miss Jon's expertise, sound advice, and careful judgment," said SEC Chairman Christopher Cox. "He leaves behind many friends and colleagues at the SEC and on the Hill, and throughout the federal and state governments with whom he has worked. We are all indebted to Jon for his professionalism and commitment to America's investors." Mr. Burks said, "It has been a privilege to play a role in the important work of this agency. And it has been an honor to work with a staff that is so talented and so dedicated to our critical mission - protecting investors and sustaining confidence in the markets." Mr. Burks's responsibilities at the SEC included maintaining a vibrant dialogue with Congress and other governmental agencies, including the Department of the Treasury, the Federal Reserve, and the Commodity Futures Trading Commission. Prior to joining the SEC staff in early 2007, Mr. Burks served in a number of top positions in the White House, the Department of the Treasury, and on Capitol Hill. He served as chief of staff for the 185-person Office of International Affairs at the Department of the Treasury and as Senior Advisor to the Under Secretary for International Affairs. He also served as a Policy Advisor during the creation of the Office of the Director of National Intelligence. From 2001 to 2005, he held various senior staff positions in the White House, including Special Assistant to the President for Policy. During the 1990s, Mr. Burks served as a Policy Analyst in the U.S. House of Representatives. (Press Rel. 2008-152) William Schulz Named Director of Legislative and Intergovernmental AffairsSecurities and Exchange Commission Chairman Christopher Cox today announced the appointment of William M. Schulz as Director of the agency's Office of Legislative and Intergovernmental Affairs. Mr. Schulz replaces Jonathan Burks, who is leaving the SEC on Aug. 1, 2008 to pursue graduate studies at the Paul H. Nitze School of Advanced International Studies at Johns Hopkins University. For the past three years, Mr. Schulz has served as a Counsel and Senior Advisor to the Chairman. Prior to joining the SEC, he served as Chief Counsel of the House Policy Committee and in a variety of senior legislative positions in the U.S. House of Representatives. From 1998 to 2002, Mr. Schulz served as Special Master at the Court of Federal Claims, where he oversaw the management and resolution of multi-billion dollar banking litigation spawned by the collapse of the savings and loan industry and the passage of FIRREA. "The SEC is extraordinarily fortunate to have Bill Schulz play this key role at such an important time for our nation's investors and markets," Chairman Cox said. "Bill's extensive experience at the SEC and in the halls of Congress, as well as his unique background as a Special Master handling complex financial issues, will serve him well in this role. Bill will be an outstanding diplomat for the SEC in ensuring that the Commission continues to enjoy the outstanding relationship it does with the Congress and other government agencies." Mr. Schulz said, "I am honored that Chairman Cox has asked me to serve in this new role. Since arriving at the Commission, I have never ceased to be impressed by the quality of the staff and their dedication to the agency's core mission to protect investors. It will be a pleasure to represent the Commission in its dealings with the Congress and other federal and state agencies." Mr. Schulz graduated from Duke University in 1988 and received his J.D. from William and Mary's Marshall-Wythe School of Law in 1995. (Press Rel. 2008-153) SEC, Labor Department Enhance Efforts to Protect Retirement Savings and InvestmentsSecurities and Exchange Commission Chairman Christopher Cox and U.S. Secretary of Labor Elaine L. Chao today agreed to make permanent their agencies' longstanding relationship of sharing information on retirement and investments to protect the $5.8 trillion in retirement assets of American workers, retirees and their families held in employee benefit plans by signing a Memorandum of Understanding (MOU) during a public ceremony in Washington. The increasing intersection of regulatory responsibilities in today's financial world presents new challenges in protecting the retirement assets of investors nationwide. The MOU between the two agencies will formalize and strengthen cooperation to share information relating to retirement and investments, and provide investors, benefit plan participants, and plan administrators with better access to more understandable information that they can use to make informed investment decisions. "This Memorandum of Understanding with the Securities and Exchange Commission will better protect the 117 million Americans who depend on private sector retirement plans," said Secretary Chao. "This further boosts the department's record-setting enforcement program that has won $11 billion in monetary results and more than 800 criminal indictments since 2001 on behalf of protecting workers' retirement savings." Chairman Cox said, "With a growing number of seniors focused on managing their own 401(k) plans, it's important to improve disclosure to give them the information they need and in a form they can use. To accomplish this, the Department of Labor and the SEC are committed to coordinating closely on their behalf. This enhanced coordination of the SEC's investor protection efforts and the Department of Labor's regulatory responsibility for pensions and 401(k)s will greatly benefit the millions of hardworking Americans who are saving and investing for their retirement as well as those who have already retired." The MOU establishes a process for the department's Employee Benefits Security Administration and SEC staffs to share information and meet regularly to discuss matters of mutual interest. These include examination findings and trends, enforcement cases and regulatory requirements that impact the missions of both agencies. The department has oversight over 401(k) and other retirement plans as well as plan participants, while the SEC oversees, among other areas, brokerages, investment advisers and mutual funds. Both agencies will designate points of contact in their regional offices to facilitate communications among staff on enforcement and examination matters. The agreement also will expedite the sharing of non-public information regarding investment advisers and other subjects of mutual interest between the two agencies. Additionally, the Labor Department and SEC will cross-train staff under the agreement with the goal of enhancing each agency's understanding of the other's mission and investigative jurisdiction. (Press Rel. 2008-154) ENFORCEMENT PROCEEDINGSIn the Matter of Stephen H. RoebuckOn July 29, the Commission issued an Order Instituting Administrative Proceedings Pursuant to Section 15(b) of the Securities Exchange Act of 1934, Making Findings, and Imposing Remedial Sanctions (Order) against Stephen Roebuck. The Order finds that on July 14, 2008, a final judgment was entered against Stephen H. Roebuck, permanently enjoining him from future violations of Sections 5(a), 5(c), and 17(a) of the Securities Act of 1933 and Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder, in the civil action entitled Securities and Exchange Commission v. Daniel Kaiser, et al., Civil Action Number 2:08-cv-00888-JCM-LRL, in the United States District Court, District of Nevada. The Order further finds that the Commission's complaint alleged that Roebuck engaged in a "pump-and-dump" scheme in VMT Scientific, Inc. stock by purportedly merging a private company with VMT Scientific, a public company with no operations, and issuing VMT Scientific shares to accounts controlled by Roebuck. The complaint further alleged that Roebuck sold unregistered securities of VMT Scientific and also caused VMT Scientific to issue false and misleading press releases. Based on the above, the Order bars Roebuck from association with any broker or dealer. Roebuck consented to the issuance of the Order without admitting or denying any of the findings in the Order except as to the Commission's jurisdiction over him, the subject matter of these proceedings, and the entering of the judgment in the civil injunctive action. (Rel. 34-58238; File No. 3-13104) In the Matter of Choi Dow Ian Hong & Lee Accountancy Corporation and Ernest E. Dow, CPAOn July 29, the Commission issued an Order Making Findings and Imposing Remedial Sanctions Pursuant to Section 4C of the Securities Exchange Act of 1934 and Rule 102(e) of the Commission's Rules of Practice (Order) against Choi Dow Ian Hong & Lee Accountancy Corporation (Choi Dow) and Ernest E. Dow, CPA (Dow). The Order finds that the respondents conducted an audit of, and issued an audit report for, a public company in 2004, which audit report the company included in a periodic report filed with the Commission, and that Choi Dow was not registered with the Public Company Accounting Oversight Board as required by Section 102(a) of the Sarbanes-Oxley Act of 2002. Based on the above, the Order censured Dow and denied Choi Dow the privilege of appearing or practicing before the Commission as an accountant with the right to apply for reinstatement after one year, and ordered them, as long as they practice before the Commission, to comply with all requirements of the Commission and the Public Company Accounting Oversight Board, including, but not limited to, all requirements relating to registration, inspections, concurring partner reviews, and quality control standards. Respondents consented to the issuance of the Order without admitting or denying any of the findings in the Order. (Rel. 34-58239; AAE Rel. 2849; File No. 3-12790) In the Matter of Michael Deutchman, CPAOn July 29, the Commission issued an Order Making Findings and Imposing Remedial Sanctions Pursuant to Sections 4C and 21C of the Securities Exchange Act of 1934 and Rule 102(e) of the Commission's Rules of Practice (Order) against Michael Deutchman, CPA (Deutchman). The Order finds that Deutchman conducted an audit of, and issued an audit report for, a public company in 2004, which the company included in a periodic report filed with the Commission, and that Deutchman was not registered with the Public Company Accounting Oversight Board as required by Section 102(a) of the Sarbanes-Oxley Act of 2002. Based on the above, the Order censured Deutchman, ordered him to cease and desist from committing or causing any violations and any future violations of Section 102(a) of the Sarbanes-Oxley Act of 2002, and ordered him, as long as he practices before the Commission, to comply with all requirements of the Commission and the Public Company Accounting Oversight Board, including, but not limited to, all requirements relating to registration, inspections, concurring partner reviews, and quality control standards. Respondent consented to the issuance of the Order without admitting or denying any of the findings in the Order. (Rel. 34-58240; AAE Rel. 2850; File No. 3-12794) In the Matter of Banker & Co. and Jitendra S. BankerOn July 29, the Commission issued an Order Making Findings and Imposing Remedial Sanctions Pursuant to Section 4C of the Securities Exchange Act of 1934 and Rule 102(e) of the Commission's Rules of Practice (Order) against Banker & Co. and Jitendra S. Banker (Banker). The Order finds that the respondents conducted audits of, and issued audit reports for, three public companies in 2004, which audit reports the companies included in their periodic reports filed with the Commission, and that Banker & Co. was not registered with the Public Company Accounting Oversight Board as required by Section 102(a) of the Sarbanes-Oxley Act of 2002. Based on the above, the Order censured Banker and denied Banker & Co. the privilege of appearing or practicing before the Commission as an accountant with the right to apply for reinstatement after one year, and ordered them, as long as they practice before the Commission, to comply with all requirements of the Commission and the Public Company Accounting Oversight Board, including, but not limited to, all requirements relating to registration, inspections, concurring partner reviews, and quality control standards. Respondents consented to the issuance of the Order without admitting or denying any of the findings in the Order. (Rel. 34-58241; AAE Rel. 2851; File No. 3-12788) In the Matter of Jay J. Shapiro, CPA P.C. and Jay J. Shapiro, CPAOn July 29, the Commission issued an Order Making Findings and Imposing Remedial Sanctions Pursuant to Sections 4C and 21C of the Securities Exchange Act of 1934 and Rule 102(e) of the Commission's Rules of Practice (Order) against Jay J. Shapiro, CPA, P.C. (Shapiro P.C.) and Jay J. Shapiro, CPA (Shapiro). The Order finds that the respondents conducted an audit of, and issued an audit report for, a public company in 2004, which the company included in a periodic report filed with the Commission, and that Shapiro P.C. was not registered with the Public Company Accounting Oversight Board as required by Section 102(a) of the Sarbanes-Oxley Act of 2002. Based on the above, the Order censured Shapiro, ordered respondents to cease and desist from committing or causing any violations and any future violations of Section 102(a) of the Sarbanes-Oxley Act of 2002, denied Shapiro P.C. the privilege of appearing or practicing before the Commission as an accountant with the right to apply for reinstatement after one year, and ordered them, as long as they practice before the Commission, to comply with all requirements of the Commission and the Public Company Accounting Oversight Board, including, but not limited to, all requirements relating to registration, inspections, concurring partner reviews, and quality control standards. Respondents consented to the issuance of the Order without admitting or denying any of the findings in the Order. (Rel. 34-58242; AAE Rel. 2852; File No. 3-12793) Former Mining Manager Settles Charges with SEC for Trading on Inside InformationThe Commission today announced that it has filed a complaint in the United States District Court for the Southern District of New York against George J. Simchuk (Simchuk) alleging that he engaged in unlawful trading on the basis of material, nonpublic information in the securities of Western Silver Corp. (Western Silver). Without admitting or denying the allegations in the Commission's complaint, Simchuk has agreed to settle this matter by consenting to the entry of a final judgment against him which imposes injunctive and monetary relief. The complaint alleges that in late November 2005, Simchuk, former General Director of Glamis de Mexico, a wholly-owned subsidiary of Glamis Gold, Inc. ("Glamis," now Goldcorp, Inc.), learned material, nonpublic information concerning Glamis' plan to acquire publicly traded Western Silver. The complaint further alleges that Simchuk learned of the potential acquisition in connection with his official duties assisting in the due diligence process on behalf of Glamis. A few days later, on December 1, 2005, Simchuk began purchasing Western Silver stock. From December 2005 through February 2006, during which time he remained privy to material, nonpublic information concerning Glamis' potential acquisition of Western Silver, Simchuk intermittently purchased a total of 6,000 shares of Western Silver stock. According to the complaint, one of the purchases occurred while Simchuk was in attendance at a Glamis Board meeting at which he and others presented the due diligence findings with respect to Western Silver. On February 24, 2006, Glamis announced that it had signed a binding letter agreement to acquire Western Silver. By market close on February 24, news of the deal pushed the share price of Western Silver to $21.60, up 27% from its closing price the previous day. Based on the facts alleged, the Commission charged Simchuk with violating Section 10(b) of the Securities Exchange Act of 1934 (Exchange Act) and Rule 10b-5 thereunder. Without admitting or denying the allegations in the complaint, Simchuk has consented to the entry of a final judgment that: (i) permanently enjoins him from future violations of Section 10(b) of the Exchange Act and Rule 10b-5 thereunder; (ii) requires him to disgorge $58,206, plus prejudgment interest thereon in the amount of $10,270, and (iii) orders him to pay a civil penalty of $58,206. The Commission acknowledges the assistance of the Financial Industry Regulatory Authority in the investigation of this matter. [SEC v. George J. Simchuk, Civil Action No. 08-cv-6728 (DLC) (S.D.N.Y.)] (LR-20656) In the Matter of CFO-5, LLC (D-02885) and In the Matter of Prime Bank Securities (HO-2820)On July 28, the Commission filed an injunctive action in the United States District Court for the District of Colorado relating to the fraudulent and unregistered offer and sale of over $5 million of prime bank securities. The Commission charged Stanley W. Anderson of Arvada, Colorado and Edwin A. Smith of Denver, Colorado with orchestrating the fraudulent scheme through Trinity International Enterprises, Inc. (Trinity) and CFO-5, LLC, Colorado corporations controlled by Anderson and Smith. The Commission also charged Michael D. Norton of Denver, Colorado, Nicholas R. Fair of Ft. Collins, Colorado, and Charles L. Kennedy, a pastor from Tampa, Florida, with participating in the fraudulent scheme by soliciting investors. The Commission's complaint alleges that, from approximately April 2005 through July 2007, the defendants raised at least $5.1 million from investors. They solicited investors by misrepresenting that they would use the invested funds to purchase and sell foreign medium term notes (MTNs). However, because these MTNs did not exist, investor funds were not used to buy and sell these securities. According to the Complaint, Anderson and Smith instead used investor money for their personal expenses and paid unrelated civil judgments and loans, Ponzi payments to other investors, and compensation to salespeople, among other things. The Commission also alleges that Kennedy, Norton, and Fair acted as salespeople for the scheme and, with Anderson and Smith, continued to solicit and lull investors through at least July 2007. Additionally, the Complaint alleges that Kennedy did not forward any of the funds he raised from other pastors who shared his religious affiliation, rather he spent all of these funds for his personal use. The Complaint also alleges that all of the defendants participated in unregistered offers and sales of securities, and that Anderson, Smith, Kennedy, Norton, and Fair acted as unregistered broker-dealers. The Commission's complaint alleges that all of the defendants violated the antifraud provisions of the securities laws in Section 10(b) and Rule 10b-5 of the Securities Exchange Act of 1934 (Exchange Act), and Section 17(a) of the Securities Act of 1933 (Securities Act). The complaint also alleges that all of the defendants violated the registration provisions in Sections 5(a) and 5(c) of the Securities Act. Finally, the complaint alleges that Anderson, Smith, Kennedy, Norton, and Fair violated Section 15(a) of the Exchange Act by acting as unregistered broker-dealers. The Commission seeks disgorgement, plus prejudgment interest, and civil penalties against all of the defendants. For further information, please see Litigation Rel. No. 20657 (July 29, 2008) for SEC v. Trinity International Enterprises, Inc. et al, Civ. No. 08-CV-01594 LTB MEH (D. Colo.). [SEC v. Trinity International Enterprises, Inc., CFO-5, LLC, Stanley W. Anderson, Edwin A. Smith, Charles L. Kennedy, Michael D. Norton, and Nicholas R. Fair, Civil Action No. 08-CV-01594 LTB MEH (D. Colo.)] (LR-20657) SEC Charges Former Chairman and Chief Executive Officer of Enron Energy Services with Insider TradingLou Pai Agrees to Pay $31.5 Million in Disgorgement, Prejudgment Interest, and Civil Money Penalties, and is Barred From Serving as an Officer or Director of a Public Company for Five YearsThe Commission today filed a civil action against Lou L. Pai, the former Chairman and Chief Executive Officer of Enron Energy Services (EES), a division of Enron Corp. (Enron). The Commission's complaint, filed in the United States District Court for the Southern District of Texas, alleges that Pai sold Enron stock in May and June 2001 on the basis of material, nonpublic information concerning Enron. Pai simultaneously settled the action without admitting or denying the allegations in the Commission's complaint. According to the Commission's complaint, shortly before his departure from Enron, between May 18, 2001 and June 7, 2001, Pai sold 338,897 shares of Enron stock and exercised stock options that resulted in the sale of 572,818 shares to the open market - yielding millions of dollars in proceeds. Before making these sales, Pai learned from EES successor management that it had identified certain financial and operational problems and substantial contract-related losses at EES. Had Enron reported EES's contract-related losses in its Retail Energy Services segment, that segment would have shown a quarterly loss of at least $60 million, rather than a profit of $40 million as falsely reported in Enron's Form 10-Q for the first quarter of 2001. Pai knew or should have known that he could not sell Enron stock without first disclosing such material, nonpublic information. By selling Enron stock without disclosing this information, Pai breached his fiduciary duty to Enron shareholders. The Commission's complaint further alleges that Pai avoided substantial losses from these sales when the price of Enron stock collapsed in the fall of 2001. Enron's stock price averaged approximately $53.78 per share during the time of Pai's sales, but closed at $0.40 on Dec. 3, 2001 - the day after Enron filed for Chapter 11 bankruptcy protection. By selling his shares in May and June 2001 before the collapse of Enron's share price, Pai avoided millions of dollars of losses. Pai has consented to the entry of a final judgment that permanently enjoins him from violating Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder, and bars him from acting as an officer or director of a public company for five years. Pai also agreed to pay $30 million in disgorgement and prejudgment interest (subject to a $6 million offset based on his prior waiver of insurance coverage for the benefit of Enron investors), plus a $1.5 million civil money penalty. [SEC v. Lou L. Pai, Civil Action No. H-08-2338 (SDTX)] (LR-20658) Former CEO and President of Broker-Dealer Settle SEC Charges Related to their Involvement in a Fraudulent Short Selling SchemeThe Commission today announced that on July 24, 2008, the Honorable Berle M. Schiller, United States District Judge for the Eastern District of Pennsylvania, entered a final judgment against David S. Davidson, former chairman and chief executive officer of D.L. Cromwell Investments, Inc., a defunct broker-dealer, and Lloyd S. Beirne, its former president, for their involvement in a fraudulent short selling scheme involving the stock of Expedia, Inc., in SEC v. Davidson, et al., C.A. No. 05-CV-742. The Commission's complaint, filed on Feb. 17, 2005, alleged that, from late October 2002 through March 2003, Davidson and Beirne used Cromwell's online access to its clearing broker's system to fraudulently enter and then cancel fictitious Expedia buy orders. The complaint further alleged that Davidson and Beirne caused to be entered and then cancelled these fictitious buy orders almost daily for five months, concealing the size of Cromwell's short position and its margin problems from the clearing broker. When the fraud was discovered, after the announcement of a tender offer for Expedia that greatly increased its share price, the clearing broker was required to pay $18 million to cover the short position. Davidson and Beirne were criminally charged with fraudulent conduct relating to the short selling scheme described in the Commission's complaint and, on Oct. 25, 2007, after pleading guilty before the United States District Court for the Eastern District of New York in United States v. David S. Davidson and Lloyd S. Beirne, 02-CR-681 (S-1) and 04-CR-583, each was sentenced to five years of probation, and ordered to pay, among other things, $6.9 million in restitution. Without admitting or denying the allegations in the Commission's complaint, Davidson and Beirne consented to the entry of a final judgment that permanently enjoins them from violating Section 17(a) of the Securities Act of 1933, Section 10(b) of the Securities Exchange Act of 1934, and Rule 10b-5 thereunder. Based on the sanctions imposed in the criminal proceedings, the defendants were not ordered to pay disgorgement or a civil penalty. Davidson and Beirne also consented to the entry of Commission orders barring them from association with any broker or dealer. For further information, please see Litigation Rel. No. 19090 (Feb. 17, 2005). [SEC v. David S. Davidson, et al., Civil Action No. 05-CV-742 (E.D. Pa.)] (LR-20659) INVESTMENT COMPANY ACT RELEASESCohen & Steers Advantage Income Realty Fund, Inc., et al.A notice has been issued giving interested persons until Aug. 18, 2008, to request a hearing on an application filed by Cohen & Steers Advantage Income Realty Fund, Inc., et al., under Section 6(c) of the Investment Company Act for an exemption from Section 19(b) of the Act, and Rule 19b-1 under the Act. The order would permit certain registered closed-end management investment companies to make periodic distributions of long-term capital gains (i)with respect to their common stock as part of a managed distribution plan as frequently as twelve times each year, and (ii) with respect to their preferred stock as frequently as required by the terms of such preferred stock. (Rel. IC-28341 - July 24) Notices of Deregistration under the Investment Company ActFor the month of July, 2008, a notice has been issued giving interested persons until Aug. 19, 2008, to request a hearing on any of the following applications for an order under Section 8(f) of the Investment Company Act declaring that the applicant has ceased to be an investment company:
(Rel. IC-28343 - July 25) SELF-REGULATORY ORGANIZATIONSProposed Rule ChangeA proposed rule change filed by the Financial Industry Regulatory Authority to adopt FINRA Rule 4560 (Short-Interest Reporting) in the Consolidated FINRA Rulebook has been filed with the Commission pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934 and Rule 19b-4 thereunder. Publication is expected in the Federal Register during the week of July 28. (Rel. 34-58227) SECURITIES ACT REGISTRATIONSRECENT 8K FILINGS
http://www.sec.gov/news/digest/2008/dig072908.htm
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