Securities and Exchange Commission Charges Three Firms and Four Individuals In Los Angeles-Based Boiler Room Operation
On March 21, 2011 the Securities and Exchange Commission charged three firms and four individuals involved in a boiler room scheme operating out of Los Angeles that defrauded investors who they persuaded to buy purported automated trading systems.
The Commission alleges that representatives of Spyglass Equity Systems Inc. cold-called investors and made false and misleading statements to help raise more than $2.15 million from nearly 200 investors nationwide for two related investment companies – Flatiron Capital Partners LLC (FCP) and Flatiron Systems LLC (FS). The managing member of the two firms, David E. Howard II, Spyglass and its owners, Richard L. Carter, Preston L. Sjoblom and Tyson D. Elliott are also charged with fraud in connection with the unregistered securities offerings. The complaint alleges that Spyglass representatives falsely touted the successful performance history and level of automation of the trading systems, and misled investors to believe that FCP and FS had positive reputations and solid affiliations in the brokerage industry. Spyglass earned an estimated $1 million in the deal. The automated trading systems pitched to investors by Spyglass representatives could only be used if the investor also funded a brokerage account at FCP. However, FCP was not a broker-dealer and thus could not offer brokerage services to customers.
The complaint further alleges that only a little more than half of the money raised from investors was actually used for the advertised trading purposes, and much of the trading that did occur failed to use the purported trading systems. FCP and FS wound up losing about $1 million in investor funds. Howard misused almost $500,000 of investor money for unauthorized business expenses as well as personal expenses including travel, entertainment, and gifts for his girlfriend.
The SEC's complaint charges Spyglass, Sjoblom, Carter, Elliott, FS, FCP and Howard with violating Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder; FS, FCP and Howard with violations of Sections 5(a), 5(c) and 17(a) of the Securities Act of 1933; Spyglass, Sjoblom, Carter and Elliott with violation of Section 15(a) of the Exchange Act; FS and FCP of violations of Section 7(a) of the Investment Company Act of 1940; Howard with violations of Section 206(1), (2) and (4) of the Investment Advisers Act of 1940 and Rule 206(4)-8 thereunder; and Spyglass, Carter, Sjoblom and Elliott with aiding abetting Howard’s violations of Section 206(4) of the Advisers Act and Rule 206(4)-8 thereunder. The SEC seeks permanent injunctions, disgorgement plus prejudgment and post-judgment interest, and financial penalties. (Press Rel. 2011-70; LR-21892).
Closed Meeting on Thursday, March 24, 2011 at 2:00 p.m.
The subject matter of the Closed Meeting scheduled for Thursday, March 24, 2011 will be: institution and settlement of injunctive actions; institution and settlement of administrative proceedings; a regulatory matter regarding a financial institution; consideration of amicus participation, and other matters relating to enforcement proceedings.
At times, changes in Commission priorities require alterations in the scheduling of meeting items. For further information and to ascertain what, if any, matters have been added, deleted or postponed, please contact: The Office of the Secretary at (202) 551-5400.
Closed Meeting on Tuesday, March 29, 2011 at 2:00 p.m.
The subject matter of the Closed Meeting scheduled for Tuesday, March 29, 2011 will be: institution and settlement of injunctive actions; institution and settlement of administrative proceedings; an adjudicatory matter; and other matters relating to enforcement proceedings.
At times, changes in Commission priorities require alterations in the scheduling of meeting items. For further information and to ascertain what, if any, matters have been added, deleted or postponed, please contact: The Office of the Secretary at (202) 551-5400.
Securities and Exchange Commission Brings Fraud Charges in Silicon Valley Real Estate Investment Scheme
The Securities and Exchange Commission today charged Mountain View, Calif.-based JSW Financial Inc. and five officers for defrauding investors in two real estate funds, alleging that the firm used investor funds to prop up the officers’ own failing real estate development projects while concealing the loss of $17 million of investors’ money.
The SEC alleges that from 2002 to 2008, JSW and its predecessor, Jim Ward & Associates (JWA), created two real estate investment funds – Blue Chip Realty Fund and Shoreline Investment Fund – and told investors that their money would be used to make loans secured by residential real estate. In reality, according to the SEC, the firms’ officers used most of the money to make unsecured and undocumented loans to entities that the officers themselves controlled, which were suffering mounting losses and protracted delays on Silicon Valley real estate development projects. Meanwhile, as the enterprise collapsed, investors continued receiving monthly statements showing steady growth in the value of their portfolios.
The SEC’s complaint, filed today in federal district court in San Francisco, names as defendants founder James S. Ward and Edward G. Locker (both of Ohio) and David S. Lee, Richard F. Tipton and David C. Lin (all Silicon Valley residents). The complaint alleges that JSW and JWA, through these individual officers, breached their fiduciary duties by misusing investors’ money to benefit the officers rather than the funds. The SEC also alleges that the officers concealed millions of dollars in losses from Blue Chip and Shoreline investors by sending fraudulent account statements claiming that the Funds were earning more than 10% in annual profits, until the scheme collapsed in November 2008 and the officers finally revealed to investors that nearly all of the Blue Chip and Shoreline loans were unsecured. The SEC also alleges that Ward and Locker together took $900,000 of investor money to purchase homes for themselves.
SEC’s complaint charges JSW, Ward, Lee, Locker, Tipton and Lin with 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. The complaint also charges JSW with violating Sections 206(1), 206(2) and 206(4) of the Investment Advisers Act (Advisers Act) and Rule 206(4)-8 thereunder, and charges Ward, Lee, Locker, Tipton and Lin with aiding and abetting violations of Sections 206(1), 206(2) and 206(4) of the Advisers Act and Rule 206(4)-8 thereunder. The SEC seeks injunctive relief and disgorgement of ill-gotten gains against JSW, Ward, Lee, Locker, Tipton and Lin, as well as monetary penalties against the five officers. The complaint also seeks disgorgement of ill-gotten gains and appointment of a receiver over Blue Chip and Shoreline as relief defendants.
[SEC v. JSW Financial Inc., James S. Ward, David S. Lee, Edward G. Locker, Richard F. Tipton and David C. Lin, Case No. CV-11-1356 LB, N.D. Cal.] (LR-21893)
Securities and Exchange Commission Suspends Trading in the Securities of Five Issuers for Failure to Make Required Periodic Filings
The U.S. Securities and Exchange Commission announced the temporary suspension of trading in the securities of the following issuers, commencing at 9:30 a.m. EDT on March 22, 2011 and terminating at 11:59 p.m. EDT on April 4, 2011.
The Commission temporarily suspended trading in the securities of these five issuers due to a lack of current and accurate information about the companies because they have not filed periodic reports with the Commission in over two years. This order was entered pursuant to Section 12(k) of the Securities Exchange Act of 1934 (Exchange Act).
The Commission cautions brokers, dealers, shareholders and prospective purchasers that they should carefully consider the foregoing information along with all other currently available information and any information subsequently issued by these companies.
Brokers and dealers should be alert to the fact that, pursuant to Exchange Act Rule 15c2-11, at the termination of the trading suspensions, no quotation may be entered relating to the securities of the subject companies unless and until the broker or dealer has strictly complied with all of the provisions of the rule. If any broker or dealer is uncertain as to what is required by the rule, it should refrain from entering quotations relating to the securities of these companies that have been subject to a trading suspension until such time as it has familiarized itself with the rule and is certain that all of its provisions have been met. Any broker or dealer with questions regarding the rule should contact the staff of the Securities and Exchange Commission in Washington, DC at (202) 551-5720. If any broker or dealer enters any quotation which is in violation of the rule, the Commission will consider the need for prompt enforcement action.
If any broker, dealer or other person has any information which may relate to this matter, they should immediately communicate it to the Delinquent Filings Group of the Division of Enforcement at (202) 551-5466, or by e-mail at DelinquentFilings@sec.gov. (Rel. 34-64103)
Commission Orders Hearings on Registration Suspension or Revocation Against Five Companies for Failure to Make Required Periodic Filings
In conjunction with this trading suspension, the Commission today also instituted separate public administrative proceedings to determine whether to revoke or suspend for a period not exceeding twelve months the registration of each class of the securities of five companies for failure to make required periodic filings with the Commission:
In the Matter of Circadian, Inc., et al., Administrative Proceeding File No. 3-14301
In the Order, the Division of Enforcement (Division) alleges that the respective Respondents are delinquent in their required periodic filings with the Commission.
In these proceedings, instituted pursuant to Exchange Act Section 12(j), a hearing will be scheduled before an Administrative Law Judge. At the hearing, the judge will hear evidence from the Division and the Respondents to determine whether the allegations of the Division contained in the Order, which the Division alleges constitute failures to comply with Exchange Act Section 13(a) and Rules 13a-1 and 13a-13 thereunder, are true. The judge in the proceedings will then determine whether the registrations pursuant to Exchange Act Section 12 of each class of the securities of these Respondents should be revoked or suspended for a period not exceeding twelve months. The Commission ordered that the Administrative Law Judge in the proceedings issue an initial decision not later than 120 days from the date of service of the order instituting proceedings. (Rel. 34-64104; File No. 3-14301).
In the Matter of Rebecca A. Townsend
The United States Securities and Exchange Commission (Commission) announced the issuance of an Order Instituting Administrative Proceedings Pursuant to Section 203(f) of the Investment Advisers Act of 1940, Making Findings and Imposing Remedial Sanctions (Order) against Rebecca A. Townsend (Townsend). The Order finds that Townsend was Vice President of Enterprise Trust Company (Enterprise), an unregistered investment adviser. The Order also finds that Townsend was permanently enjoined, by consent, from violating Section 10(b) of the Securities Exchange Act of 1934 based upon allegations in the Commission’s complaint that she and others defrauded advisory clients by using their assets for leveraged margin trading. The Order further finds that this trading was designed to benefit Townsend and other Enterprise employees, and other Enterprise clients.
Based on the above, the Order bars Townsend from association with any investment adviser. Townsend consented to the issuance of the Order without admitting or denying any of the findings except that she admitted the entry of the injunction. (IA-3177; File No. 3-14300)
The following registration statements have been filed with the SEC under the Securities Act of 1933. The reported information appears as follows: Form, Name, Address and Phone Number (if available) of the issuer of the security; Title and the number and/or face amount of the securities being offered; Name of the managing underwriter or depositor (if applicable); File number and date filed; Assigned Branch; and a designation if the statement is a New Issue.
Registration statements may be viewed in person in the Commission's Public Reference Branch at 100 F Street, N.E., Washington, D.C. To obtain paper copies, please refer to information on the Commission's Web site at http://www.sec.gov/answers/publicdocs.htm. In most cases, you can view and download this information by using the search function located at http://www.sec.gov/edgar/searchedgar/companysearch.html.
S-1 Cheval Resources Corp, 3211 OCEAN DRIVE, VERO, FL, 32963, 772.584.3308 - 22,500,000 ($22,500,000.00) Equity, (File 333-172954 - Mar. 21) (BR. 09) S-3 ASR UNIVERSAL DISPLAY CORP \PA\, 6096710980 - 0 ($0.00) Equity, (File 333-172955 - Mar. 21) (BR. 10C) S-3 ASR HANCOCK HOLDING CO, ONE HANCOCK PLZ, P.O. BOX 4019, GULFPORT, MS, 39501, 6018684605 - 0 ($230,000,000.00) Equity, (File 333-172956 - Mar. 21) (BR. 07B) S-8 ChinaCache International Holdings Ltd., 6/F, BLOCK A, GALAXY PLAZA, 10 JIUXIANQI, ROAD MIDDLE, CHAOYANG DISTRICT, BEIJING, F4, 100015, 86 10 6437-3399 – 0 ($13,691,738.60) Equity, (File 333-172962 - Mar. 21) (BR. 03C) S-4 Energy XXI Gulf Coast, Inc., 1021 MAIN STREET, SUITE 2626, HOUSTON, TX, 77002, 713-351-3000 - 0 ($250,000,000.00) Equity, (File 333-172963 - Mar. 21) (BR. 04) S-8 MARCHEX INC, 520 PIKE STREET, SUITE 2000, SEATTLE, WA, 98101, 206-774-5000 - 0 ($14,694,947.00) Equity, (File 333-172967 - Mar. 21) (BR. 03B) N-2 Solar Capital Ltd., 500 PARK AVENUE, 5TH FLOOR, NEW YORK, NY, 10022, (212) 993-1670 - 0 ($1,000,000,000.00) Other, (File 333-172968 - Mar. 21) (BR. 18) S-8 PVF CAPITAL CORP, 30000 AURORA ROAD, SOLON, OH, 44139, 4402487171 - 2,500,000 ($4,725,000.00) Equity, (File 333-172969 - Mar. 21) (BR. 07A) S-3 SCBT FINANCIAL CORP, 520 GERVAIS STREET, COLUMBIA, SC, 29201, 803-231-3581 - 0 ($34,717,734.00) Equity, (File 333-172970 - Mar. 21) (BR. 07B) F-1 COASTAL PACIFIC MINING CORP, 927 DRURY AVENUE NE, CALGARY, A0, T2E 0M3, (403) 475-4300 - 40,000,000 ($1,342,000.00) Equity, (File 333-172971 - Mar. 21) (BR. 04B) S-3D Armour Residential REIT, Inc., 3001 OCEAN DRIVE, SUITE 201, VERO BEACH, FL, 32963, (772) 617-4340 - 4,000,000 ($29,000,000.00) Equity, (File 333-172972 - Mar. 21) (BR. 08B) S-4 NBTY INC, 90 ORVILLE DR, BOHEMIA, NY, 11716, 5165679500 - 0 ($650,000,000.00) Debt, (File 333-172973 - Mar. 21) (BR. 01B) S-8 NORTHEAST BANCORP /ME/, 500 CANAL ST, LEWISTON, ME, 04240-6594, 2077863245 - 10,500 ($152,250.00) Equity, (File 333-172974 - Mar. 21) (BR. 07C) S-11 Colony Financial, Inc., C/O COLONY FINANCIAL, INC., 2450 BROADWAY, 6TH FLOOR, SANTA MONICA, CA, 90404, 310-282-8820 - 0 ($287,500,000.00) Equity, (File 333-172975 - Mar. 21) (BR. 08C) S-8 Todays Alternative Energy Corp, 1161 JAMES ST, ., HATTIESBURG, MS, 39403, 888-262-1600 - 25,000,000 ($87,500.00) Equity, (File 333-172976 - Mar. 21) (BR. 06C) F-1 Elster Group SE, FRANKENSTRASSE 362, ESSEN, 2M, D-45133, 0114920154580 - 0 ($302,864,000.00) Equity, (File 333-172977 - Mar. 21) (BR. 10A) S-4 HOLLY CORP, 100 CRESCENT COURT, SUITE 1600, DALLAS, TX, 75201, 2148713555 - 0 ($2,883,493,510.00) Equity, (File 333-172978 - Mar. 21) (BR. 04C) S-3 MAGNUM HUNTER RESOURCES CORP, 777 POST OAK BLVD #910, HOUSTON, TX, 77056, 832-369-6986 - 42,804,675 ($288,503,509.50) Equity, (File 333-172979 - Mar. 21) (BR. 04C) S-11 Apollo Residential Mortgage, Inc., C/O APOLLO GLOBAL MANAGEMENT, LLC, 9 WEST 57TH STREET, 43RD FLOOR, NEW YORK, NY, 10019, 2125153200 - 0 ($300,000,000.00) Equity, (File 333-172980 - Mar. 21) (BR. ) S-3 DYNEX CAPITAL INC, 4991 LAKE BROOK DRIVE, STE 100, GLEN ALLEN, VA, 23060, 8042175830 - 5,000,000 ($51,950,000.00) Equity, (File 333-172981 - Mar. 21) (BR. 08A) S-3 Resolute Energy Corp, 1675 BROADWAY, SUITE 1950, DENVER, CO, 80202, 303-573-4886 - 0 ($500,000,000.00) Unallocated (Universal) Shelf, (File 333-172982 - Mar. 21) (BR. 04A) S-8 GLU MOBILE INC, 2207 BRIDGEPOINTE PARKWAY, SUITE 250, SAN MATEO, CA, 94404, 650-532-2400 - 0 ($5,613,174.00) Equity, (File 333-172983 - Mar. 21) (BR. 03A)
Form 8-K is used by companies to file current reports on the following events:
8-K reports may be viewed in person in the Commission's Public Reference Branch at 100 F Street, N.E., Washington, D.C. To obtain paper copies, please refer to information on the Commission's Web site at http://www.sec.gov/answers/publicdocs.htm. In most cases, you can view and download this information by using the search function located at http://www.sec.gov/edgar/searchedgar/companysearch.html.
STATE NAME OF ISSUER CODE 8K ITEM NO. DATE COMMENT 3D SYSTEMS CORP DE 1.01,9.01 03/17/11 5Barz International, Inc. 1.01 02/18/11 ADAMS RESOURCES & ENERGY, INC. DE 2.02 12/31/10 ADINO ENERGY CORP MT 5.02,9.01 03/15/11 AFFIRMATIVE INSURANCE HOLDINGS INC DE 5.02,9.01 03/18/11 AGL RESOURCES INC GA 1.01,2.03,7.01,9.01 03/16/11 AIR PRODUCTS & CHEMICALS INC /DE/ DE 5.07 03/17/11 AMEND ALASKA COMMUNICATIONS SYSTEMS GROUP I DE 5.02,9.01 03/16/11 Altra Holdings, Inc. DE 3.01 03/18/11 AMBAC FINANCIAL GROUP INC DE 7.01 03/18/11 American Casino & Entertainment Prope DE 2.02,9.01 03/21/11 American Liberty Petroleum Corp. NV 1.02,9.01 03/18/11 AMERICAN ORIENTAL BIOENGINEERING INC CO 2.02,8.01,9.01 03/14/11 American Reprographics CO DE 5.02,9.01 03/21/11 American Standard Energy Corp. DE 5.02,9.01 03/16/11 AMERICAN TOWER CORP /MA/ DE 7.01,9.01 03/21/11 AMERIPRISE CERTIFICATE CO DE 4.01,9.01 03/15/11 AMERISAFE INC TX 7.01,9.01 03/21/11 AMP Holding Inc. NV 1.01,3.02,9.01 12/03/10 AMEND AMPAL-AMERICAN ISRAEL CORP NY 2.02,7.01,9.01 03/21/11 Anacor Pharmaceuticals Inc DE 1.01,1.02,2.03,3.02, 03/18/11 9.01 API Technologies Corp. DE 1.01,3.02,9.01 03/18/11 Applied Natural Gas Fuels, Inc. NV 1.01,2.03,9.01 03/18/11 ARRIS GROUP INC DE 5.02,9.01 03/15/11 Ascent Media CORP DE 5.02 03/15/11 ASSURED GUARANTY LTD D0 2.02,7.01,9.01 03/21/11 AT&T INC. DE 7.01,8.01,9.01 03/20/11 AT&T INC. DE 1.01,3.02,9.01 03/20/11 Atlas Energy, L.P. DE 5.02 03/15/11 Axcan Intermediate Holdings Inc. DE 8.01 03/15/11 BankFinancial CORP 8.01,9.01 03/18/11 BARK GROUP INC NV 5.02,9.01 03/15/11 BEL FUSE INC /NJ NJ 7.01,8.01,9.01 03/21/11 BELL INDUSTRIES INC /NEW/ CA 1.01,1.02,2.03,3.03, 03/21/11 5.03,8.01,9.01 BERKSHIRE INCOME REALTY INC 5.02 03/21/11 BIODELIVERY SCIENCES INTERNATIONAL IN DE 8.01,9.01 03/21/11 Bitstream Inc. DE 2.02,9.01 03/21/11 BLONDER TONGUE LABORATORIES INC DE 2.02,9.01 03/21/11 BLUE VALLEY BAN CORP KS 2.02,7.01,9.01 03/21/11 BOVIE MEDICAL CORP DE 5.02,5.03,9.01 03/15/11 Bridgeline Digital, Inc. DE 5.07 03/18/11 BROADCOM CORP CA 8.01,9.01 03/18/11 BRT REALTY TRUST MA 1.01,2.01 03/18/11 CAVIUM NETWORKS, INC. DE 1.01,9.01 03/17/11 CCA INDUSTRIES INC DE 1.02,5.02,8.01,9.01 03/21/11 Celera CORP DE 1.01 03/17/11 CENTERPOINT ENERGY INC 8.01,9.01 03/18/11 Chelsea Therapeutics International, L DE 5.05,8.01 03/18/11 CHEMUNG FINANCIAL CORP NY 5.02,9.01 03/16/11 CHINA AUTOMOTIVE SYSTEMS INC DE 3.01,9.01 03/21/11 China BCT Pharmacy Group, Inc. DE 5.02 03/17/10 China Century Dragon Media, Inc. DE 5.02 03/15/11 CHINA FIRE & SECURITY GROUP, INC. 2.02,7.01,9.01 03/21/11 CHINA GREEN MATERIAL TECHNOLOGIES, IN NV 4.02,7.01,9.01 03/21/11 China Wind Systems, Inc DE 7.01,9.01 03/15/11 CHURCHILL DOWNS INC KY 5.02,5.03,9.01 03/18/11 CITIGROUP INC DE 8.01,9.01 03/21/11 Clearwire Corp /DE DE 3.01 03/17/11 COAST DISTRIBUTION SYSTEM INC DE 5.02,9.01 03/15/11 CODEXIS INC 1.01,2.03 03/16/11 COLONIAL COMMERCIAL CORP NY 1.01,2.03,9.01 03/15/11 Colony Financial, Inc. MD 8.01 03/18/11 COLUMBIA SPORTSWEAR CO OR 5.03,9.01 03/16/11 CONCUR TECHNOLOGIES INC DE 5.02,5.07 03/15/11 CONSOLIDATED GRAPHICS INC /TX/ TX 7.01,9.01 03/21/11 Cooper-Standard Holdings Inc. DE 2.02,7.01,9.01 03/21/11 Cord Blood America, Inc. FL 2.03,2.04,9.01 03/21/11 CORE MOLDING TECHNOLOGIES INC DE 2.02,9.01 03/21/11 CORRECTIONS CORP OF AMERICA MD 5.02 03/16/11 CORTEX PHARMACEUTICALS INC/DE/ DE 1.01,1.02,2.01,9.01 03/15/11 CORTS TRUST FOR WEYERHAEUSER DEBENTUR DE 8.01,9.01 03/15/11 Crestwood Midstream Partners LP DE 8.01,9.01 03/21/11 Crestwood Midstream Partners LP DE 7.01,9.01 03/21/11 CreXus Investment Corp. MD 1.01,9.01 03/18/11 CRIMSON EXPLORATION INC. 2.02,9.01 03/21/11 CROSS TIMBERS ROYALTY TRUST TX 2.02,9.01 03/21/11 CROWN CASTLE INTERNATIONAL CORP DE 7.01,9.01 03/21/11 CURIS INC DE 8.01,9.01 03/21/11 Cyalume Technologies Holdings, Inc. DE 1.01,3.02,8.01,9.01 03/18/11 DAWSON GEOPHYSICAL CO TX 1.01,5.02,5.03,8.01, 03/20/11 9.01 Delek US Holdings, Inc. 1.01,7.01,9.01 03/17/11 Denarii Resources Inc. NV 1.01,3.02,9.01 10/21/10 diaDexus, Inc. DE 2.02,9.01 03/21/11 DIVERSEY HOLDINGS, INC. DE 5.02,5.07 03/17/11 DUOYUAN PRINTING, INC. WY 8.01 03/21/11 Dutch Gold Resources Inc CO 4.01,9.01 03/20/11 EASTMAN KODAK CO NJ 1.01,2.03,8.01,9.01 03/15/11 EMAGIN CORP DE 5.02 03/15/11 ENSURGE INC NV 4.02,9.01 03/17/11 ENTERPRISE BANCORP INC /MA/ MA 5.02,9.01 03/15/11 EPOD Solar Inc. 1.01,3.03,9.01 03/21/11 EQM Technologies & Energy, Inc. DE 1.01,2.03,3.02,8.01, 03/15/11 9.01 EXPLORE ANYWHERE HOLDING CORP NV 2.01,3.02,5.06,9.01 02/04/01 AMEND FEDERAL MOGUL CORP DE 7.01,9.01 03/18/11 Feihe International Inc UT 2.02,9.01 03/21/11 FERRELLGAS PARTNERS L P DE 7.01,9.01 03/18/11 Fifth Street Finance Corp DE 8.01,9.01 03/21/11 First American Financial Corp DE 5.02,9.01 03/15/11 First Federal of Northern Michigan Ba 2.02,9.01 03/21/11 FIRST SOLAR, INC. DE 5.02 03/15/11 FIRSTCITY FINANCIAL CORP DE 5.02 03/15/11 Flagstone Reinsurance Holdings, S.A. 7.01,9.01 03/21/11 FORCE PROTECTION INC NV 7.01,9.01 03/09/11 FOSTER L B CO PA 5.02,9.01 03/21/11 FRONTIER OIL CORP /NEW/ WY 8.01 03/18/11 FUSION TELECOMMUNICATIONS INTERNATION DE 1.01,2.03 03/18/11 Geeknet, Inc DE 5.02 03/21/11 Geeknet, Inc DE 5.02 03/15/11 General Motors Co 5.03,9.01 03/15/11 Genpact LTD D0 5.02,9.01 03/15/11 GEORGIA GULF CORP /DE/ DE 4.01,9.01 03/15/11 GLOBAL GOLD CORP DE 1.01,9.01 03/17/11 Global Immune Technologies Inc. WY 9.01 03/21/11 GLOBAL POWER EQUIPMENT GROUP INC. DE 2.02,7.01,9.01 03/21/11 Globalstar, Inc. DE 1.01,8.01,9.01 03/16/11 GOLDMAN SACHS GROUP INC DE 9.01 03/21/11 GRAN TIERRA ENERGY, INC. NV 2.01,3.02,9.01 03/18/11 GRANITE CITY FOOD & BREWERY LTD MN 1.01,9.01 03/15/11 GREEN DOT CORP DE 5.02 03/16/11 GRUBB & ELLIS CO DE 5.02,8.01,9.01 03/15/11 Grubb & Ellis Healthcare REIT II, Inc MD 7.01,9.01 03/17/11 GSE SYSTEMS INC DE 1.01 03/21/11 GSE SYSTEMS INC DE 9.01 03/21/11 AMEND GULFMARK OFFSHORE INC DE 5.02,9.01 03/15/11 HANCOCK HOLDING CO MS 9.01 03/21/11 HANCOCK HOLDING CO MS 8.01,9.01 03/21/11 Harbin Electric, Inc 2.02,9.01 03/17/11 HASTINGS ENTERTAINMENT INC TX 2.02,9.01 03/21/11 HCP, INC. MD 5.02,7.01,9.01 03/21/11 Heelys, Inc. DE 5.02,9.01 02/17/11 AMEND Heritage-Crystal Clean, Inc. DE 1.01,2.03 03/15/11 Hillenbrand, Inc. IN 7.01,9.01 03/21/11 Hilltop Holdings Inc. MD 1.01,8.01,9.01 03/20/11 HOLLY CORP DE 8.01 03/18/11 HOT TOPIC INC /CA/ CA 5.02,9.01 03/16/11 HUGOTON ROYALTY TRUST TX 2.02,9.01 03/21/11 HUNTINGTON BANCSHARES INC/MD MD 8.01,9.01 03/21/11 Hyatt Hotels Corp DE 5.02,9.01 03/16/11 IASIS Healthcare LLC DE 7.01,9.01 03/21/11 ILLINOIS TOOL WORKS INC DE 2.02,9.01 03/21/11 INSMED INC VA 8.01,9.01 03/17/11 INTEL CORP DE 7.01 03/16/11 Intellect Neurosciences, Inc. DE 3.02 03/14/11 INTERLEUKIN GENETICS INC DE 2.02,9.01 03/21/11 IPAYMENT INC DE 2.02,9.01 03/21/11 IRVINE SENSORS CORP/DE/ DE 1.01,2.03,3.02,3.03, 03/16/11 9.01 James River Coal CO VA 8.01,9.01 03/21/11 JO-ANN STORES INC OH 2.01,3.01,5.01,5.02, 03/18/11 5.03,9.01 John Bean Technologies CORP DE 7.01,9.01 03/18/11 KAMAN CORP CT 7.01,9.01 03/21/11 KAMAN CORP CT 7.01,9.01 03/21/11 Kohlberg Capital CORP DE 8.01,9.01 03/21/11 Lantheus Medical Imaging, Inc. DE 1.01,2.03,3.03,9.01 03/21/11 Li3 Energy, Inc. NV 3.02,3.03,5.03,5.07, 03/15/11 9.01 Liberty Global, Inc. 7.01 03/21/11 LTC PROPERTIES INC MD 7.01,9.01 03/21/11 LUBRIZOL Corp OH 8.01,9.01 03/17/11 MACATAWA BANK CORP MI 5.05,9.01 03/17/11 MAGNUM HUNTER RESOURCES CORP DE 8.01,9.01 03/21/11 Magyar Bancorp, Inc. DE 5.07,9.01 03/16/11 MAINLAND RESOURCES INC. 7.01,9.01 03/21/11 Majestic Capital, Ltd. 1.01,8.01,9.01 03/18/11 MATCHES, INC. NV 1.01,2.01,4.01,5.01, 12/17/10 AMEND 5.02,5.06,8.01,9.01 MAXIMUS INC VA 5.07 03/18/11 MAXLINEAR INC 5.02,9.01 03/16/11 MEMSIC Inc 5.02 03/16/11 MetaMorphix Inc. MD 1.03,8.01,9.01 03/18/11 METLIFE INC DE 5.02,8.01 03/21/11 MIDAS INC DE 2.02,7.01 03/03/11 AMEND MILLER PETROLEUM INC TN 7.01,9.01 03/21/11 MIMVI, INC. NV 5.02 03/15/11 MMAX MEDIA, INC. NV 2.01,3.02,4.01,5.01, 03/16/11 5.02,5.03,9.01 MOOG INC NY 1.01,2.03,9.01 03/18/11 Mueller Water Products, Inc. DE 7.01,9.01 03/21/11 Natural Resources USA Corp 5.01,8.01,9.01 03/15/11 NETWORK CN INC DE 7.01,8.01,9.01 03/18/11 NEW ENERGY TECHNOLOGIES, INC. 5.03,7.01,9.01 03/16/11 NORFOLK SOUTHERN CORP VA 7.01,8.01 03/21/11 Northfield Bancorp, Inc. X1 5.02,9.01 03/18/11 NOVASTAR FINANCIAL INC MD 1.01,5.02,9.01 03/15/11 OGLETHORPE POWER CORP GA 7.01,9.01 03/21/11 OLD SECOND BANCORP INC DE 5.02 03/15/11 OPNEXT INC 7.01,9.01 03/19/11 optionsXpress Holdings, Inc. DE 1.01,9.01 03/18/11 Orion Marine Group Inc 5.02 03/18/11 OXIGENE INC DE 8.01,9.01 03/21/11 PACIFIC GAS & ELECTRIC Co CA 8.01 03/15/11 PC TEL INC DE 5.02 03/15/11 PDI INC 2.02,9.01 03/21/11 PG&E CORP CA 8.01 03/15/11 PivX Solutions, Inc. NV 5.02 03/21/11 PLUMAS BANCORP CA 1.01,9.01 03/18/11 PLY GEM HOLDINGS INC DE 2.02,9.01 03/21/11 POWERWAVE TECHNOLOGIES INC DE 5.02,5.03,7.01,9.01 03/18/11 PROGRESS ENERGY INC NC 5.02,9.01 03/15/11 PVF CAPITAL CORP OH 8.01 03/21/11 RAIT Financial Trust MD 1.01,9.01 03/15/11 RANCHER ENERGY CORP. NV 2.01,9.01 03/16/11 RCLC, INC. NJ 7.01,9.01 03/16/11 RED METAL RESOURCES, LTD. 8.01,9.01 03/21/11 Resource Real Estate Opportunity REIT MD 8.01 03/15/11 ROYAL BANCSHARES OF PENNSYLVANIA INC PA 5.02 03/16/11 SABA SOFTWARE INC DE 5.02,5.07,9.01 03/18/11 SAN JUAN BASIN ROYALTY TRUST TX 2.02,9.01 03/21/11 SANDERS MORRIS HARRIS GROUP INC TX 2.02,7.01,9.01 03/15/11 SBA COMMUNICATIONS CORP FL 7.01 03/21/11 SBT Bancorp, Inc. CT 5.02 03/16/11 SCHWAB CHARLES CORP DE 8.01,9.01 03/18/11 SCHWAB CHARLES CORP DE 1.01,9.01 03/18/11 SeaCube Container Leasing Ltd. 1.01,2.03,9.01 03/15/11 SHILOH INDUSTRIES INC DE 5.07 03/16/11 Shire plc 8.01,9.01 03/21/11 SHUTTERFLY INC DE 1.01,3.02,7.01,9.01 03/21/11 SINOHUB, INC. DE 1.01,9.01 03/16/11 SOLAR ENERTECH CORP DE 2.04 03/15/11 Solar Power, Inc. CA 5.02,9.01 03/18/11 SOLERA HOLDINGS, INC DE 5.02,9.01 03/15/11 Soltera Mining Corp. NV 3.02,7.01,9.01 03/16/11 SOUTHWEST GAS CORP CA 5.02 03/21/11 SPARTECH CORP DE 5.07 03/17/11 SPECTRUM GROUP INTERNATIONAL, INC. NY 9.01 03/21/11 AMEND SPEEDWAY MOTORSPORTS INC DE 1.02,2.03,8.01 03/16/11 SPHERIX INC DE 1.01,9.01 03/16/11 STANDARD CAPITAL CORP DE 1.01 03/15/11 STERIS CORP OH 8.01 03/18/11 STRATEGIC AMERICAN OIL CORP NV 4.02 03/16/11 STRUCTURED PROD CORTS TR II FOR PROVI DE 8.01,9.01 03/15/11 STRUCTURED PRODUCTS CORP CORTS FOR PR DE 8.01,9.01 03/15/11 STRUCTURED PRODUCTS CORP CORTS TR III DE 8.01,9.01 03/15/11 STRUCTURED PRODUCTS CORP CORTS TRUST DE 8.01,9.01 03/15/11 Summit Growth CORP E9 1.01,2.01,3.02,4.01, 5.01,5.02,5.06,9.01 03/15/11 SUNRISE REAL ESTATE GROUP INC TX 1.01,3.02 03/16/11 SUNRISE REAL ESTATE GROUP INC TX 1.01,3.02 03/18/11 SUNRISE REAL ESTATE GROUP INC TX 5.02,9.01 03/17/11 SUPERIOR BANCORP DE 5.02,7.01,9.01 03/15/11 SupportSave Solutions Inc 7.01,9.01 03/16/11 SWS GROUP INC DE 1.01,2.03,3.02,7.01, 03/20/11 9.01 SWS GROUP INC DE 5.03,9.01 03/17/11 TC Power Management Corp. 1.01,2.01,3.02,5.01, 03/21/11 AMEND 5.02,5.06,9.01 TechMedia Advertising, Inc. NV 4.01,9.01 07/07/10 AMEND TELEPHONE & DATA SYSTEMS INC /DE/ DE 8.01,9.01 03/21/11 TFS Financial CORP DE 5.02 03/17/11 TGC INDUSTRIES INC TX 1.01,8.01,9.01 03/20/11 TIANYIN PHARMACEUTICAL CO., INC. DE 5.07 03/21/11 TIFFANY & CO DE 2.02,9.01 03/21/11 TIFFANY & CO DE 1.01,8.01,9.01 03/21/11 TRANSUNION CORP. 7.01,9.01 03/21/11 Tree.com, Inc. DE 1.01,9.01 03/15/11 Two Harbors Investment Corp. 7.01 03/21/11 TYCO INTERNATIONAL LTD V8 8.01,9.01 03/21/11 UNISOURCE ENERGY CORP AZ 5.02 03/16/11 United Continental Holdings, Inc. DE 7.01,9.01 03/21/11 United States Oil Fund, LP DE 8.01 03/21/11 UNITED STATIONERS INC DE 5.02,9.01 03/21/11 UNIVERSAL DISPLAY CORP \PA\ PA 5.02,8.01,9.01 01/06/11 US NATURAL GAS CORP FL 8.01,9.01 03/16/11 USD ENERGY CORP. NV 1.01,9.01 02/02/11 Velvet Rope Special Events, Inc. DE 8.01 03/21/11 VENTRUS BIOSCIENCES INC DE 9.01 03/18/11 AMEND Verigy Ltd. U0 8.01,9.01 03/21/11 Vestin Realty Mortgage I, Inc. 4.02 03/18/11 Vestin Realty Mortgage II, Inc MD 4.02 03/18/11 Vishay Precision Group, Inc. DE 5.02 03/15/11 Warner Chilcott plc 1.01,2.03,7.01,9.01 03/17/11 WATSCO INC FL 7.01,9.01 03/21/11 WILLIAM LYON HOMES DE 1.01,9.01 03/18/11 WILLIS GROUP HOLDINGS PLC L2 7.01,9.01 03/21/11 WILSHIRE BANCORP INC 2.02,9.01 03/16/11 WINN DIXIE STORES INC FL 1.01,2.03,9.01 03/18/11 XENOPORT INC DE 8.01 03/21/11 XERIUM TECHNOLOGIES INC DE 5.02 03/15/11 Xzeres Wind Corp. NV 3.02,7.01 03/21/11 Z TRIM HOLDINGS, INC IL 1.01,3.02 03/17/11 ZHONGPIN INC. DE 1.01,7.01,9.01 03/16/11 ZIPREALTY INC 5.02 03/05/11