SEC Adopts Large Trader Reporting Regime
The Securities and Exchange Commission today voted unanimously to adopt a new rule establishing large trader reporting requirements to enhance the agency’s ability to identify large market participants, collect information on their trading, and analyze their trading activity.
The new rule requires large traders to identify themselves to the SEC, which will then assign each trader a unique identification number. Large traders will provide this number to their broker-dealers, who will be required to maintain transaction records for each large trader and report that information to the SEC upon request.
“May 6 dramatically demonstrated the need to enhance the SEC’s ability to quickly and accurately analyze market events. The large trader reporting rule will significantly bolster our ability to oversee the U.S. securities markets in a time when trades can be transacted in milliseconds or faster,” said SEC Chairman Mary L. Schapiro. “This new rule will enable us to promptly and efficiently identify significant market participants and collect data on their trading activity so that we can reconstruct market events, conduct investigations, and bring enforcement actions as appropriate.”
The new rule has two primary components:
The new rule will be effective 60 days after its publication in the Federal Register. (Press Rel. 2011-154)
SEC Adopts New Short Form Criteria to Replace Credit Ratings
The Securities and Exchange Commission today voted unanimously to adopt new rules in light of the Dodd-Frank Wall Street Reform and Consumer Protection Act to remove credit ratings as eligibility criteria for companies seeking to use “short form” registration when registering securities for public sale.
Forms S-3 and F-3 are the “short forms” used by eligible issuers to register securities offerings under the Securities Act. Companies that qualify for these short forms can offer securities “off the shelf” or on an expedited basis.
Companies can currently qualify to use these forms if they are registering an offering of non-convertible securities, such as debt securities, that have received an investment grade rating by at least one nationally recognized statistical rating organization (NRSRO).
The new rules eliminate the credit ratings criteria and replace it with four new tests, one of which must be satisfied for an issuer to use Form S-3 or Form F-3. In order to ease transition for companies, the rules include a temporary, three-year grandfather provision.
“This action is part of our effort to reduce reliance on credit ratings, as the Dodd-Frank Act requires all financial regulators to do,” said SEC Chairman Mary L. Schapiro. “The new rules provide an appropriate and workable alternative to credit ratings for determining whether an issuer should be able to use short form registration and have access to the shelf offering process.” (Press Rel. 2011-155)
SEC Re-Proposes New Shelf Eligibility Requirements for Asset-Backed Securities
The Securities and Exchange Commission today voted unanimously to re-propose for public comment some rules requiring greater accountability and enhanced quality around asset-backed securities (ABS) when issuers seek to use an expedited registration process known as shelf registration.
The SEC initially proposed rules in April 2010 to significantly revise the regulatory regime for ABS. Subsequent to that proposal, the Dodd-Frank Wall Street Reform and Consumer Protection Act was signed into law and addressed some of the same ABS concerns. In light of those Dodd-Frank Act provisions and comments received from the public, the SEC re-evaluated its initial proposals.
“It is very important that we move forward with our new registration and reporting rules for the asset-backed securities market, but we also want to make sure we get it right,” said SEC Chairman Mary L. Schapiro. “This re-proposal will help us solicit the input and constructive comments we need to finalize this critically important project to protect investors in asset-backed securities.”
Public comments are due 60 days after publication of the re-proposed rules in the Federal Register. (Press Rel. 2011-156)
Securities and Exchange Commission Orders Hearing on Registration Suspension or Revocation Against Ten Public Companies for Failure to Make Required Periodic Filings
On July 25, 2011, the Commission instituted public administrative proceedings to determine whether to revoke or suspend for a period not exceeding twelve months the registrations of each class of the securities of ten companies for failure to make required periodic filings with the Commission:
In this Order, the Division of Enforcement (Division) alleges that the ten issuers are delinquent in their required periodic filings with the Commission.
In this proceeding, instituted pursuant to Exchange Act Section 12(j), a hearing will be scheduled before an Administrative Law Judge. At the hearing, the Administrative Law 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 Administrative Law Judge in the proceeding 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 this proceeding issue an initial decision not later than 120 days from the date of service of the order instituting proceedings. (Rel. 34-64959; File No. 3-14487)
Commission Revokes Registration of Securities of I2corp.Com (f/k/a PCG Media, Inc.) for Failure to Make Required Periodic Filings
On July 26, 2011, the Commission revoked the registration of each class of registered securities of i2corp.com (f/k/a PCG Media, Inc.) (i2corp.com) for failure to make required periodic filings with the Commission.
Without admitting or denying the findings in the Order, except as to jurisdiction, which it admitted, i2corp.com consented to the entry of an Order Making Findings and Revoking Registration of Securities Pursuant to Section 12(j) of the Securities Exchange Act of 1934 as to i2corp.com (f/k/a PCG Media, Inc.) finding that it had failed to comply with Section 13(a) of the Securities Exchange Act of 1934 (Exchange Act) and Rules 13a-1 and 13a-13 thereunder and revoking the registration of each class of i2corp.com’s securities pursuant to Section 12(j) of the Exchange Act. This Order settled the proceedings brought against i2corp.com in In the Matter of Interactive Telesis, Inc., et al., Administrative Proceeding File No. 3-14452.
Brokers and dealers should be alert to the fact that Exchange Act Section 12(j) provides, in pertinent part, as follows:
For further information see Order Instituting Administrative Proceedings and Notice of Hearing Pursuant to Section 12(j) of the Securities Exchange Act of 1934, In the Matter of Interactive Telesis, Inc., et al., Administrative Proceeding File No. 3-14452, Exchange Act Release No. 64810, July 5, 2011. (Rel. 34-64960; File No. 3-14452)
In the Matter of William K. Harrison
On July 26, 2011, the Commission issued an Order Instituting Administrative Proceedings Pursuant to Section 15(b) of the Securities Exchange Act of 1934 and Section 203(f) of the Investment Advisers Act of 1940, Making Findings, and Imposing Remedial Sanctions (Order) against William K. Harrison (Harrison). The Order finds that Harrison was associated with Wachovia Securities, Inc. (Wachovia) as a registered representative from 2003 until his resignation on October 13, 2008. While at Wachovia, Harrison held Series 7 and 63 licenses. On April 15, 2011, a judgment was entered by consent against Harrison, permanently enjoining him from future violations of Section 17(a) of the Securities Act of 1933 (“Securities Act”) [15 U.S.C. § 77 q(a)], Section 10(b) of the Exchange Act [15 U.S.C. § 78j(b)] and Rule 10b-5 thereunder [17 C.F.R. § 240.10b-5], and Sections 206(1), 206(2), and 206(4) of the Advisers Act [15 U.S.C. §§ 80b-6(1), (2), & (4)] and Rule 206(4)-8, thereunder [17 C.F.R. § 275.206(4)-8], in the civil action entitled Securities and Exchange Commission v. William K. Harrison, et al., Civil Action Number 3:10-cv-00634, in the United States District Court for the Western District of North Carolina.
The Order finds that the Commission’s complaint alleged the following facts: Between approximately December 2007 and October 2008, Harrison used misrepresentations and omissions of material fact to defraud at least forty-two Wachovia brokerage customers of at least $8 million in customer funds. On or around December 2007, Harrison began offering his Wachovia customers an investment opportunity outside of Wachovia through an advisory firm he owned. Harrison misrepresented to customers who became advisory clients that the investment opportunity was guaranteed to make a 35% return, with no risk of loss of principal. In those instances when investors were informed that their monies would be used for trading options, Harrison misrepresented to the riskiness of his trading strategy by telling investors that he had a foolproof approach to trading options and that their principal investment was secure and would make handsome returns regardless of market volatility. Harrison pooled his customers’ funds in an account opened with optionsXpress, Inc. (optionsXpress) in Harrison’s wife’s name or in a joint account with optionsXpress in the name of Harrison and his wife. Clients of the advisory firm Harrison worked through also placed assets in the pooled vehicle based on misrepresentations. So as to not draw attention to his conduct, Harrison placed “limited trading authorizations” and other related documentation associated with his scheme in the name of Harrison’s wife. Although the trading strategy that Harrison employed was initially successful, it soon resulted in substantial investor losses. By October 2008, he had depleted the vast majority of the money he had raised from investors. On October 13, 2008, Harrison submitted to Wachovia a resignation letter in which he confessed to “misdirecting” $6.6 million from 17 of his Wachovia customers in order to trade online. He also admitted that he had conducted this online trading without first securing the authorization of these 17 individuals.
Based on the above, the Order bars Harrison from association with any broker, dealer, investment adviser, municipal securities dealer, municipal advisor, transfer agent, or nationally recognized statistical rating organization and from participating in any offering of a penny stock, including: acting as a promoter, finder, consultant, agent or other person who engages in activities with a broker, dealer or issuer for purposes of the issuance or trading in any penny stock, or inducing or attempting to induce the purchase or sale of any penny stock. Harrison consented to the issuance of the Order without admitting or denying any of the findings in the Order, except he admitted the entry of the injunction. (Rel. 34-64965; IA-3252; File No. 3-14488)
A proposed rule change filed by Chicago Stock Exchange (SR-CHX-2011-19) to clarify the application of the Fee Schedule to certain transactions of, and services to, CHX Participants and make certain rate changes has become effective under Section 19(b)(3)(A) of the Securities Exchange Act of 1934. Publication is expected in the Federal Register during the week of July 25. (Rel. 34-64953)
A proposed rule change filed by The NASDAQ Stock Market relating to the Proprietary Trader examination (SR-NASDAQ-2011-095) has become effective pursuant to Section 19(b)(3)(A) of the Securities Exchange Act of 1934. Publication is expected in the Federal Register during the week of July 25. (Rel. 34-64958)
Proposed Rule Changes
The Financial Industry Regulatory Authority filed a proposed rule change (SR-FINRA-2010-036) pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934 to amend Rule 12104 of the Code of Arbitration Procedure for Customer Disputes (Customer Code) and Rule 13104 of the Code of Arbitration Procedure for Industry Disputes (Industry Code) to broaden arbitrators’ authority to make referrals during an arbitration proceeding. Publication is expected in the Federal Register during the week of July 25. (Rel. 34-64954)
The Fixed Income Clearing Corporation filed a proposed rule change (SR-FICC-2011-05) under Section 19(b)(1) of the Securities Exchange Act of 1934 to amend the rules regarding the GCF Repo Service to adopt changes recommended by the Tri-Party Repo Infrastructure Reform Task Force. Publication is expected in the Federal Register during the week of July 25. (Rel. 34-64955)
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 Proto Labs Inc, 5540 Pioneer Creek, Maple Plain, MN, 55359, 763-479-7474 - 0 ($100,000,000.00) Equity, (File 333-175745 - Jul. 25) (BR. ) N-2 John Hancock Flexible Income Opportunities Fund, 601 CONGRESS STREET, BOSTON, MA, 02210, 1-800-225-6020 - 50,000 ($1,000,000.00) Equity, (File 333-175746 - Jul. 25) (BR. ) S-8 BLUEPHOENIX SOLUTIONS LTD, 8 MASKIT STREET, HERZLIA, L3, 46120, 972-9-952-6110 - 1,400,000 ($1,624,000.00) Equity, (File 333-175760 - Jul. 25) (BR. 03C) S-1 CROSS BORDER RESOURCES, INC., 22610 US HIGHWAY 281 N., SUITE 218, SAN ANTONIO, TX, 78258, 432-789-1180 - 7,209,375 ($14,202,469.00) Equity, (File 333-175761 - Jul. 25) (BR. 04B) S-8 RXI PHARMACEUTICALS CORP, 60 PRESCOTT STREET, WORCESTER, MA, 01605, 508-767-3861 - 0 ($2,505,100.00) Equity, (File 333-175763 - Jul. 25) (BR. 01C) S-8 SUPERGEN INC, 4140 DUBLIN BLVD, SUITE 200, DUBLIN, CA, 94568, 9255600100 - 0 ($7,265,599.00) Equity, (File 333-175765 - Jul. 25) (BR. 01C) S-3ASR BASIC ENERGY SERVICES INC, 400 W. ILLINOIS, SUITE 800, MIDLAND, TX, 79701, 4326205500 - 18,059,424 ($664,045,020.48) Equity, (File 333-175767 - Jul. 25) (BR. 04A) S-3 Marina Biotech, Inc., 3830 MONTE VILLA PARKWAY, BOTHELL, WA, 98021, 4259083600 - 44,612,000 ($17,398,680.00) Equity, (File 333-175769 - Jul. 25) (BR. 01B) S-1 FOUR OAKS FINCORP INC, 6144 US 301 SOUTH, P O BOX 309, FOUR OAKS, NC, 27524, 9199632177 - 1,000,000 ($2,080,000.00) Equity, (File 333-175771 - Jul. 25) (BR. 07A) S-4 BROADCOM CORP, 5300 CALIFORNIA AVENUE, IRVINE, CA, 92617-3038, 949 926 5000 - 0 ($700,000,000.00) Non-Convertible Debt, (File 333-175772 - Jul. 25) (BR. 10A) S-1 Texas Rare Earth Resources Corp., 3 RIVERWAY, STE. 1800, HOUSTON, TX, 77056, 361-790-5831 - 13,672,000 ($41,699,600.00) Equity, (File 333-175773 - Jul. 25) (BR. 04B) S-4 VALIDUS HOLDINGS LTD, 29 RICHMOND ROAD, PEMBROKE, D0, HMO8, 441-278-9000 - 0 ($3,348,740,666.33) Equity, (File 333-175774 - Jul. 25) (BR. 01C) S-8 HUTCHINSON TECHNOLOGY INC, 40 W HIGHLAND PARK, HUTCHINSON, MN, 55350, 3205873797 - 1,200,000 ($3,852,000.00) Equity, (File 333-175775 - Jul. 25) (BR. 10B) S-1 EMCORE CORP, 10420 RESEARCH ROAD, SE, ALBUQUERQUE, NM, 87123, 505-332-5000 - 0 ($12,429,440.00) Equity, (File 333-175776 - Jul. 25) (BR. 10B) S-8 EMCORE CORP, 10420 RESEARCH ROAD, SE, ALBUQUERQUE, NM, 87123, 505-332-5000 - 28,000,000 ($15,210,000.00) Equity, (File 333-175777 - Jul. 25) (BR. 10B) S-4 PONIARD PHARMACEUTICALS, INC., 750 BATTERY STREET, SUITE 330, SAN FRANCISCO, CA, 94111, 2062862501 - 0 ($12,169.72) Equity, (File 333-175778 - Jul. 25) (BR. 01B) S-1 ONCOSEC MEDICAL Inc, 4690 EXECUTIVE DRIVE SUITE 250, SAN DIEGO, CA, 92121, (855) 662-6732 - 0 ($14,796,000.00) Equity, (File 333-175779 - Jul. 25) (BR. 02C) S-8 UNITED TECHNOLOGIES CORP /DE/, UNITED TECHNOLOGIES BLDG, ONE FINANCIAL PLZ, HARTFORD, CT, 06101, 8607287000 - 0 ($866,600,000.00) Equity, (File 333-175780 - Jul. 25) (BR. 05C) S-8 UNITED TECHNOLOGIES CORP /DE/, UNITED TECHNOLOGIES BLDG, ONE FINANCIAL PLZ, HARTFORD, CT, 06101, 8607287000 - 48,000,000 ($4,159,680,000.00) Equity, (File 333-175781 - Jul. 25) (BR. 05C) S-4 Thompson Creek Metals CO Inc., 26 WEST DRY CREEK CIRCLE, SUITE 810, LITTLETON, CO, 80120, (303) 761-8801 - 0 ($350,000,000.00) Debt, (File 333-175782 - Jul. 25) (BR. 04A)
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 ACORDA THERAPEUTICS INC 8.01,9.01 07/25/11 ADM TRONICS UNLIMITED INC/DE DE 8.01 07/19/11 ADVENT SOFTWARE INC /DE/ DE 2.02,9.01 07/25/11 AIRGAS INC DE 1.01,2.03,9.01 07/19/11 All American Gold Corp. WY 3.02 07/11/11 Alliance Bancorp, Inc. of Pennsylvani PA 2.02,9.01 07/25/11 ALLIANCE FIBER OPTIC PRODUCTS INC CA 2.02,9.01 07/25/11 Allied World Assurance Co Holdings, A 8.01,9.01 07/25/11 ALPINE AIR EXPRESS INC/DE DE 8.01,9.01 07/25/11 ALTAIR NANOTECHNOLOGIES INC 1.01,3.02,3.03,5.01, 07/21/11 5.02,7.01,9.01 Amarantus BioSciences, Inc. DE 1.01 07/22/11 AMCOL INTERNATIONAL CORP DE 2.02,9.01 07/22/11 AMERICAN AIRLINES INC DE 1.01,2.03 07/25/11 AMERICAN AIRLINES INC DE 1.01,2.03 07/25/11 AMEND AMERICAN DENTAL PARTNERS INC DE 2.02,7.01,9.01 07/25/11 AMERICAN NATIONAL INSURANCE CO /TX/ TX 2.02,9.01 07/25/11 AMR CORP DE 1.01,2.03 07/25/11 Antero Resources Finance Corp DE 2.02,9.01 07/21/11 Ascend Acquisition Corp. DE 1.01,2.03,9.01 07/19/11 ASTEC INDUSTRIES INC TN 2.02,5.02,9.01 07/25/11 ATS CORP DE 2.02,9.01 07/25/11 AVX Corp DE 2.02,9.01 07/25/11 BAKER HUGHES INC DE 2.02,7.01,9.01 07/25/11 BANK OF HAWAII CORP DE 2.02,9.01 07/25/11 Bank of Marin Bancorp CA 2.02,9.01 07/25/11 Bank of the Carolinas CORP NC 5.02 07/19/11 BANKUNITED FINANCIAL CORP FL 8.01,9.01 07/19/11 BE AEROSPACE INC DE 2.02,9.01 07/25/11 BE Resources Inc. CO 7.01,9.01 07/22/11 Beacon Federal Bancorp, Inc. MD 2.02,9.01 07/25/11 BEMIS CO INC MO 5.02 07/22/11 BERRY PETROLEUM CO DE 8.01 07/22/11 BGC Partners, Inc. DE 2.02,9.01 07/25/11 BGC Partners, Inc. DE 8.01,9.01 07/25/11 BigBand Networks, Inc. DE 2.02,9.01 07/25/11 BIOCANCELL THERAPEUTICS INC. 8.01 07/20/11 BIODELIVERY SCIENCES INTERNATIONAL IN DE 5.03,5.07,9.01 07/21/11 BIOSANTE PHARMACEUTICALS INC DE 2.02,9.01 07/25/11 BMC SOFTWARE INC DE 5.07 07/21/11 BRIDGE BANCORP INC NY 2.02,9.01 07/22/11 BROADCOM CORP CA 2.02,9.01 07/25/11 BROADLEAF CAPITAL PARTNERS INC NV 4.01,8.01,9.01 07/15/11 CAPITOL BANCORP LTD MI 1.01,3.03,5.03,9.01 07/25/11 CARDINAL BANKSHARES CORP VA 5.02,9.01 06/20/10 CARROLS RESTAURANT GROUP, INC. 5.02,9.01 07/19/11 Celsion CORP DE 1.01,2.03,9.01 07/21/11 CenterState Banks, Inc. FL 2.02,9.01 07/25/11 CENTURY ALUMINUM CO DE 2.02,9.01 07/25/11 CHEMICAL FINANCIAL CORP MI 2.02,9.01 07/25/11 CHINA AUTOMOTIVE SYSTEMS INC DE 2.02,9.01 07/23/11 China Digital Animation Development, NY 5.02 07/22/11 China Integrated Energy, Inc. DE 4.01,8.01,9.01 07/21/11 CHINA SECURITY & SURVEILLANCE TECHNOL DE 2.02,9.01 07/25/11 CHINA-BIOTICS, INC DE 8.01 07/21/11 CITIZENS SOUTH BANKING CORP DE 2.02,9.01 07/25/11 CITY NATIONAL CORP DE 5.02 07/21/11 Cleartronic, Inc. FL 7.01,9.01 07/25/11 COCONNECT INC NV 4.02,9.01 07/22/11 AMEND Colony Financial, Inc. MD 8.01 07/19/11 Community Partners Bancorp NJ 2.02,9.01 07/25/11 COMPUTER TASK GROUP INC NY 2.02,9.01 07/25/11 COMVERGE, INC. DE 2.02,9.01 07/25/11 CONSOLIDATED WATER CO LTD E6 1.01 07/19/11 CONSTELLATION BRANDS, INC. DE 5.02,5.07,7.01,9.01 07/21/11 CORELOGIC, INC. DE 5.02,9.01 07/20/11 Cornerstone Core Properties REIT, Inc MD 1.01,9.01 07/20/11 Coyote Resources, Inc. NV 5.02,5.03,5.07,9.01 07/20/11 CRANE CO /DE/ DE 2.02,8.01,9.01 07/25/11 CYBERDEFENDER CORP CA 1.01,9.01 07/19/11 DAYSTAR TECHNOLOGIES INC DE 1.01,2.03,3.02,9.01 07/19/11 Diamond Information Institute NJ 4.01,9.01 07/25/11 AMEND DiamondRock Hospitality Co 2.02,9.01 07/25/11 DIGI INTERNATIONAL INC DE 2.05 07/21/11 DOLLAR GENERAL CORP TN 5.02,9.01 07/20/11 Domark International Inc. NV 5.02 07/22/11 Dongsheng Pharmaceutical Internationa DE 5.02 07/23/11 EATON CORP OH 2.02,9.01 07/25/11 Enservco Corp DE 1.01,5.02 07/19/11 EVERGREEN ENERGY INC DE 7.01,9.01 07/25/11 Federal Home Loan Bank of Dallas 2.03,9.01 07/19/11 Fidelity National Financial, Inc. 2.02,9.01 07/25/11 FIDELITY SOUTHERN CORP GA 2.02,9.01 07/21/11 FIRST INTERSTATE BANCSYSTEM INC MT 2.02,9.01 07/25/11 FIRST OTTAWA BANCSHARES INC DE 2.02,9.01 07/25/11 First Savings Financial Group Inc IN 8.01,9.01 07/22/11 FNB CORP/FL/ FL 2.02,9.01 07/25/11 FNB CORP/FL/ FL 5.07 05/18/11 AMEND FOOTSTAR INC DE 5.07 07/21/11 FORWARD AIR CORP TN 8.01,9.01 07/21/11 FORWARD AIR CORP TN 8.01,9.01 07/25/11 FOSTER WHEELER AG V8 5.02,9.01 07/19/11 FOUR OAKS FINCORP INC NC 8.01 07/25/11 GARDNER DENVER INC DE 2.02,9.01 07/21/11 GASCO ENERGY INC NV 5.07 07/20/11 GENERAL CABLE CORP /DE/ DE 1.01,1.02,2.03,9.01 07/21/11 Genesis Electronics Group, Inc. 5.02 07/19/11 GLOBAL CASINOS INC UT 8.01 07/25/11 GLOBAL POWER EQUIPMENT GROUP INC. DE 5.02,9.01 07/21/11 GOLDMAN SACHS GROUP INC DE 9.01 07/25/11 GRANT PARK FUTURES FUND LIMITED PARTN IL 7.01,9.01 07/25/11 Guaranty Bancorp DE 2.02,7.01,9.01 07/21/11 GULFMARK OFFSHORE INC DE 7.01,9.01 07/22/11 HARBINGER GROUP INC. DE 7.01,9.01 07/21/11 HARRIS & HARRIS GROUP INC /NY/ NY 7.01,9.01 07/25/11 HAWAIIAN ELECTRIC INDUSTRIES INC HI 8.01 07/22/11 HCA Holdings, Inc. 2.02,7.01,9.01 07/25/11 HEALTHCARE TRUST OF AMERICA, INC. MD 7.01,9.01 07/25/11 HEALTHSTREAM INC TN 2.02,7.01,9.01 07/25/11 HEARTLAND FINANCIAL USA INC DE 2.02,9.01 07/25/11 Heritage Financial Group Inc MD 2.02,8.01,9.01 07/25/11 HEXCEL CORP /DE/ DE 2.02,7.01,8.01,9.01 07/25/11 HF FINANCIAL CORP DE 2.02,8.01,9.01 07/25/11 HUNTINGTON BANCSHARES INC/MD MD 5.07 04/27/11 AMEND HYPERTENSION DIAGNOSTICS INC /MN MN 8.01 07/25/11 ICON CASH FLOW PARTNERS L P SEVEN DE 8.01 07/25/11 ICON INCOME FUND NINE LLC 8.01 07/25/11 IDEX CORP /DE/ DE 7.01,9.01 07/21/11 IGATE CORP PA 8.01,9.01 07/25/11 INTEGRATED SILICON SOLUTION INC DE 5.02,5.07,9.01 07/20/11 Interactive Intelligence Group, Inc. IN 2.02,8.01,9.01 06/30/11 International Gold Corp. NV 1.01,9.01 07/15/11 Iridium Communications Inc. DE 2.03 07/21/11 IRVINE SENSORS CORP/DE/ DE 1.01,2.03,3.02,3.03, 07/19/11 9.01 J&J SNACK FOODS CORP NJ 2.02,9.01 07/25/11 JUNIPER NETWORKS INC DE 5.02 07/25/11 K12 INC DE 5.02 07/19/11 KID BRANDS, INC NJ 5.07 07/19/11 KIMBERLY CLARK CORP DE 2.02,9.01 06/30/11 Kirin International Holding, Inc. NV 1.01,2.01,9.01 03/01/11 AMEND LABORATORY CORP OF AMERICA HOLDINGS DE 7.01 07/25/11 LAKELAND FINANCIAL CORP IN 2.02,9.01 07/25/11 Lantis Laser Inc. NV 2.01,3.02,9.01 07/21/11 LEAP TECHNOLOGY INC / DE DE 5.07 06/24/11 Lender Processing Services, Inc. DE 2.02,9.01 07/25/11 LENNOX INTERNATIONAL INC DE 5.02,9.01 07/19/11 Liberty Global, Inc. 7.01 07/25/11 LIFE PARTNERS HOLDINGS INC TX 8.01,9.01 07/18/11 Life Technologies Corp DE 5.07 04/28/11 AMEND LORILLARD, INC. DE 2.02,9.01 07/25/11 MAGELLAN MIDSTREAM PARTNERS LP DE 5.02 07/20/11 Marathon Petroleum Corp DE 5.02 07/01/11 AMEND MASCO CORP /DE/ DE 2.02,9.01 07/25/11 MBT FINANCIAL CORP MI 2.02,9.01 07/25/11 MCJUNKIN RED MAN HOLDING CORP DE 8.01,9.01 07/22/11 MEDICIS PHARMACEUTICAL CORP DE 1.01,8.01 07/21/11 MERCHANTS BANCSHARES INC DE 2.02,9.01 07/21/11 METALICO INC 8.01,9.01 07/25/11 METALS USA HOLDINGS CORP. DE 2.02,9.01 07/25/11 METRO BANCORP, INC. 2.02 07/25/11 MINDSPEED TECHNOLOGIES, INC DE 2.02,9.01 07/25/11 MOSAIC CO 2.02,9.01 07/19/11 MPG Office Trust, Inc. MD 1.01,3.02,9.01 07/25/11 Nano Mask, Inc. NV 7.01 07/25/11 National American University Holdings DE 5.03,9.01 07/20/11 NATIONAL RURAL UTILITIES COOPERATIVE DC 5.02 07/21/11 NEOMEDIA TECHNOLOGIES INC DE 5.02,9.01 07/19/11 Net Element, Inc. DE 1.01,9.01 07/19/11 NETFLIX INC DE 2.02,9.01 07/25/11 Neuralstem, Inc. DE 7.01,9.01 07/21/11 Nevada Property 1 LLC DE 5.02 07/19/11 NOBLE ROMANS INC IN 1.01,2.03 07/19/11 NORTHERN CALIFORNIA BANCORP INC 1.01 07/15/11 NORTHROP GRUMMAN CORP /DE/ DE 5.02,9.01 07/19/11 Northwest Bancshares, Inc. MD 8.01,9.01 07/20/11 Northwest Bancshares, Inc. MD 2.02,9.01 07/25/11 NORWOOD FINANCIAL CORP PA 2.02,9.01 07/25/11 NUVASIVE INC DE 2.02,9.01 07/25/11 NUVILEX, INC. NV 3.01,9.01 05/27/11 OFFICE DEPOT INC DE 5.02,9.01 07/20/11 OGE ENERGY CORP. OK 5.07 05/19/11 AMEND OM GROUP INC DE 2.02,9.01 07/25/11 OMNICOM GROUP INC NY 5.02 07/25/11 OptimumBank Holdings, Inc. FL 3.01 07/19/11 ORASURE TECHNOLOGIES INC DE 1.01,7.01,9.01 07/25/11 PARK NATIONAL CORP /OH/ OH 2.02,7.01,8.01,9.01 07/25/11 PARKE BANCORP, INC. NJ 2.02,9.01 07/25/11 PARKERVISION INC FL 8.01,9.01 07/21/11 PENN NATIONAL GAMING INC PA 2.02,9.01 07/21/11 PEOPLES BANCORP OF NORTH CAROLINA INC NC 2.02,9.01 07/25/11 PLUM CREEK TIMBER CO INC DE 2.02,9.01 07/25/11 PLX TECHNOLOGY INC DE 2.02,9.01 07/25/11 PMI GROUP INC DE 5.02,9.01 07/19/11 Polypore International, Inc. 8.01,9.01 07/25/11 PONIARD PHARMACEUTICALS, INC. WA 3.01,5.07 07/22/11 POSITIVEID Corp DE 1.01,2.01,7.01,9.01 07/22/11 POTLATCH CORP DE 2.02,9.01 07/25/11 Probe Manufacturing Inc NV 7.01,9.01 07/22/11 PROVECTUS PHARMACEUTICALS INC NV 4.02 07/19/11 QCR HOLDINGS INC DE 2.02,9.01 07/25/11 RADIENT PHARMACEUTICALS Corp DE 2.04,9.01 07/25/11 Raptor Pharmaceutical Corp DE 8.01,9.01 07/25/11 RARUS MINERALS INC NV 5.06,9.01 07/22/11 RAYONIER INC NC 8.01 07/25/11 REINSURANCE GROUP OF AMERICA INC MO 2.02,9.01 07/25/11 Reliance Bancshares, Inc. MO 2.02,9.01 07/22/11 REXNORD LLC DE 8.01,9.01 07/22/11 RIDGEFIELD ACQUISITION CORP CO 9.01 07/05/11 AMEND Riverbed Technology, Inc. DE 2.01,8.01,9.01 07/19/11 ROPER INDUSTRIES INC DE 2.02,9.01 07/25/11 RPM Dental, Inc. DE 1.01,9.01 07/19/11 RPM INTERNATIONAL INC/DE/ DE 2.02,9.01 07/25/11 RUDOLPH TECHNOLOGIES INC DE 1.01,2.03,3.02,9.01 07/19/11 S&T BANCORP INC PA 2.02,9.01 07/25/11 SALIX PHARMACEUTICALS LTD 8.01,9.01 07/25/11 SANMINA-SCI CORP DE 2.02,9.01 07/25/11 Sensata Technologies Holding N.V. P7 8.01 07/22/11 SERVICESOURCE INTERNATIONAL, INC. 2.02,9.01 07/25/11 SIERRA BANCORP CA 2.02,9.01 07/25/11 SILICON LABORATORIES INC DE 2.02,9.01 07/25/11 Six Flags Entertainment Corp 2.02,9.01 07/25/11 SOKO FITNESS & SPA GROUP, INC. DE 5.01,9.01 07/25/11 Solar Power, Inc. CA 5.02 07/22/11 Solera National Bancorp, Inc. DE 2.02,9.01 07/25/11 SONOSITE INC 2.02,9.01 04/25/11 SOONER HOLDINGS INC /OK/ OK 1.01,2.01,3.02,5.01, 02/14/11 AMEND 5.02,5.03,5.06,9.01 SS&C Technologies Holdings Inc DE 1.01,8.01,9.01 07/21/11 STANLEY BLACK & DECKER, INC. CT 1.01,7.01,9.01 07/22/11 STATE INVESTORS BANCORP, INC. 5.02 07/19/11 STEC, INC. CA 8.01 07/19/11 STIFEL FINANCIAL CORP DE 8.01,9.01 07/25/11 STRATEGIC HOTELS & RESORTS, INC 1.01,2.03,7.01,9.01 07/20/11 SUNPOWER CORP DE 2.02,9.01 07/25/11 Surge Global Energy, Inc. DE 5.02,9.01 07/25/11 TARA GOLD RESOURCES CORP. NV 8.01,9.01 06/08/11 Tara Minerals Corp. NV 8.01,9.01 06/08/11 Teleconnect Inc. OK 4.02 07/20/11 TEXAS INSTRUMENTS INC DE 2.02,9.01 07/25/11 THRESHOLD PHARMACEUTICALS INC DE 8.01,9.01 07/25/11 TIDEWATER INC DE 1.01,2.03,9.01 07/20/11 Tongji Healthcare Group, Inc. NV 4.01,9.01 07/11/11 AMEND TRANSATLANTIC HOLDINGS INC DE 8.01,9.01 07/25/11 U S GOLD CORP CO 1.01,9.01 07/19/11 ULTRA CLEAN HOLDINGS INC DE 2.02,9.01 07/25/11 ULTRATECH INC DE 5.02,5.07,9.01 07/19/11 UNISYS CORP DE 2.02,9.01 07/25/11 UNITED BANKSHARES INC/WV WV 2.02,9.01 07/25/11 Upstream Worldwide, Inc. DE 1.01 07/19/11 Urban Barns Foods Inc. NV 5.03,9.01 06/22/11 Urban Barns Foods Inc. NV 7.01,9.01 07/12/11 AMEND URS CORP /NEW/ DE 5.02,9.01 07/20/11 US ECOLOGY, INC. DE 7.01,9.01 07/25/11 VERIZON COMMUNICATIONS INC DE 7.01 07/22/11 Visual Network Design, Inc. NV 8.01 07/21/11 VOLTERRA SEMICONDUCTOR CORP 2.02,9.01 07/25/11 VOLTERRA SEMICONDUCTOR CORP 8.01,9.01 07/25/11 Walker & Dunlop, Inc. MD 1.01,2.03,9.01 07/21/11 Warner Chilcott plc 8.01 07/25/11 WASHINGTON TRUST BANCORP INC RI 2.02,9.01 07/25/11 WAUSAU PAPER CORP. WI 2.02,9.01 07/25/11 Wind Works Power Corp. NV 1.01,9.01 07/20/11 Woodward, Inc. DE 2.02,9.01 07/25/11 WVS FINANCIAL CORP PA 2.02,9.01 07/25/11 XL GROUP PLC L2 8.01,9.01 07/22/11 YRC Worldwide Inc. DE 5.02 07/21/11 YRC Worldwide Inc. DE 1.01,1.02,2.03,3.01, 07/22/11 5.03,9.01