SEC Charges Executives at Clean Coal Technology Company For Misstatements to Investors
The Securities and Exchange Commission today charged the former CEO and CFO at a Minnesota-based clean coal technology company for making false and misleading statements to investors, and separately charged a network of brokers who sold the company’s securities without being registered with the SEC to do so.
According to the SEC’s complaints filed in U.S. District Court for the District of Minnesota, Bixby Energy Systems raised at least $43 million from more than 1,800 investors during a nine-year period through a series of purported private placement offerings of stocks, warrants, and promissory notes. The company used this capital raising activity to help fund operations, pay salaries, and pay commissions to brokers that sold Bixby securities.
The SEC alleges that Bixby’s former CEO Robert Walker and former CFO Dennis DeSender made repeated misstatements both verbally and in writing to investors about the company’s core product – a machine that supposedly produced synthetic natural gas through a proprietary clean coal technology. They told investors that Bixby’s coal gasification machine was proven and operating when in fact it had substantial technological defects, did not function properly, and was at risk of self-destruction. Walker and DeSender never disclosed these problems to investors.
“Investors were falsely informed that Bixby’s coal gasification technology was proven, fully functional, and ready for market,” said Merri Jo Gillette, Director of the SEC’s Chicago Regional Office. “Investors who purchased Bixby shares through the unregistered brokers were deprived of the protections afforded under the federal securities laws requiring the registration of broker-dealers and securities offerings like these.”
According to the SEC’s complaint, among the other false and misleading statements or omissions to investors in offering materials or solicitations:
The SEC further alleges that DeSender and his corporation DLD Financial Ltd. acted as unregistered brokers and that Walker aided and abetted the violations. Walker and DeSender are charged with violations of the securities offering provisions of the Securities Act of 1933.
According to the SEC’s separate complaint against the unregistered brokers, they and DeSender sold more than $21.7 million in Bixby securities to at least 560 investors. As compensation for their sale of Bixby securities, the unregistered brokers and DeSender were paid a total of at least $4.9 million in transaction-based cash commissions. They also received warrants to purchase more than 900,000 shares of Bixby common stock. The SEC alleges that these brokers induced the purchase or sale of securities when they were not registered with the SEC as a broker or dealer or associated with an entity registered with the SEC as a broker or dealer.
The brokers or firms charged in the SEC’s complaint are:
The unregistered brokers are charged with violations of Section 15(a) of the Securities Exchange Act of 1934.
The SEC’s investigation was conducted by Thu Ta, Luz Aguilar and C.J. Kerstetter of the SEC’s Chicago Regional Office. The litigation will be led by Gregory von Schaumburg. The SEC thanks the U.S. Attorney’s Office for the District of Minnesota for its coordination and assistance. The SEC’s investigation is continuing. (Press Rel. 2011-272)
SEC Adopts Dodd-Frank Mine Safety Disclosure Requirements
The Securities and Exchange Commission has adopted new rules outlining how mining companies must disclose the mine safety information required by the Dodd-Frank Wall Street Reform and Consumer Protection Act.
Under Section 1503 of the Dodd-Frank Act, mining companies are required to include information about mine safety and health in the quarterly and annual reports they file with the SEC. The Dodd-Frank Act disclosure requirements are based on the safety and health requirements that apply to mines under the Federal Mine Safety and Health Act of 1977, which is administered by the Mine Safety and Health Administration (MSHA).
The new SEC rules, which take effect 30 days after publication in the Federal Register, specifically require those companies to provide mine-by-mine totals for the following:
The accompanying instructions specify that a mining company must report the total penalties assessed in the reporting period, even if the company is contesting an assessment. For legal actions, mining companies are instructed to report the number instituted and resolved during the reporting period, report the number pending on the last day of the reporting period, and categorize the actions based on the type of proceeding.
In addition, the Dodd-Frank Act added a requirement for U.S. companies to file a Form 8-K when they receive notice from MSHA of an imminent danger order under section 107(a) of the Mine Act; notice of a pattern of violations under section 104(e) of the Mine Act, or notice of the potential to have a pattern of such violations. The new SEC rules specify that the Form 8-K must be filed within four business days and include the type of notice received, the date it was received, and the name and location of the mine involved. The new rules specify that a late filing of the Form 8-K will not affect a company's eligibility to use Form S-3 short-form registration. (Press Rel. 2011-273)
SEC Extends Temporary Municipal Advisor Registration Rule
On December 21, 2011, the Commission extended an interim final temporary rule -- Rule 15Ba2-6T -- that provides a method for municipal advisors to temporarily satisfy the registration requirement under the Securities Exchange Act of 1934 by completing Form MA-T through the Commission’s public website. Without the nine-month extension, the rule would expire on December 31, 2011. The extension will allow municipal advisors to continue to temporarily satisfy the statutory registration requirement until the Commission promulgates a final rule establishing another manner of registration of municipal advisors, prescribing a form for such purpose, and developing an electronic registration system. Publication of the extension is expected in the Federal Register on December 26. (Rel. 34-66020)
Commission Revokes Registration of Securities of Biometric Security Corp. (a/k/a Pender Financial Group Corp.) For Failure to Make Required Periodic Filings
On December 21, 2011, the Commission revoked the registration of each class of registered securities of Biometric Security Corp. (a/k/a Pender Financial Group Corp.) (Biometric) 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, Biometric 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 Biometric Security Corp. (a/k/a Pender Financial Group Corp.) 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 or 13a-16 thereunder and revoking the registration of each class of Biometric’s securities pursuant to Section 12(j) of the Exchange Act. This Order settled the proceedings brought against Biometric in In the Matter of AEC, I, Inc., et al., Administrative Proceeding File No. 3-14646.
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 AEC, I, Inc., et al., Administrative Proceeding File No. 3-14646, Exchange Act Release No. 65839, November 28, 2011. (Rel. 34-66017; File No. 3-14646)
SEC Charges Eight Individuals with Insider Trading in Vital Signs, Inc.
On December 16, 2011, the Securities and Exchange Commission charged eight people with insider trading in securities of Vital Signs, Inc., ahead of a July 24, 2008 announcement that it would be acquired by a subsidiary of the General Electric Company (NYSE: GE). The Commission alleges that John R. Easom, who at the time was a Vital Signs Executive Vice President and officer, tipped a family member, William Echeverri (“Echeverri”), about the pending takeover. The complaint alleges that Echeverri, who at the time was a trader at a registered broker-dealer, then purchased Vital Signs stock and tipped five people, all of whom then traded. One of Echeverri’s tippees tipped another person who traded, and one of his other tippees recommended Vital Signs to two relatives. The eight defendants made approximately $450,000 from their illegal trading in Vital Signs.
The case was filed in U.S. District Court for the District of New Jersey. According to the complaint:
Without admitting or denying the allegations in the complaint, Easom, Echeverri, V. Echeverri, Miketich, Mancuso, Qassis and Saggu have agreed to settle the Commission’s charges by consenting to the entry of final judgments permanently enjoining them from violating Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder. Easom also agreed to be barred for five years from serving as an officer or director of a publicly traded company.
In total, the seven settling defendants have also agreed to pay over $900,000, representing disgorgement and prejudgment interest of over $430,000, and civil penalties of over $475,000. Specifically, Easom will pay disgorgement of $327, prejudgment interest of $50.75, and a civil penalty of $10,000. Echeverri will pay disgorgement of $150,121.19, prejudgment interest of $22,450.59, and a civil penalty of $227,428.22. V. Echeverri consented to an order to pay disgorgement of $12,477.19 and prejudgment interest of $1,829.52, but waiving payment and not imposing a civil penalty based on his inability to pay. Miketich will pay disgorgement of $31,455, prejudgment interest of $4,252.20, and a civil penalty of $41,455. Mancuso will pay disgorgement of $61,367.01, prejudgment interest of $8,998.13, and a civil penalty of $61,367.01. Qassis will pay disgorgement of $22,167.64, prejudgment interest of $3,082.17, and a civil penalty of $80,000.00. Saggu will pay disgorgement of $111,494.29, prejudgment interest of $15,073.97, and a civil penalty of $55,747.14. The settlements are subject to approval by the court.
The SEC has entered into a cooperation agreement with Easom. The terms of his proposed settlement reflect credit given to him by the Commission for his substantial assistance in its investigation and anticipated cooperation in its pending enforcement action. The Commission also considered his sworn statements concerning his financial condition.
The Commission acknowledges the assistance of FINRA in this matter. [SEC v. John R. Easom, et al., Civil Action No. 2:11-CV-7314-WHW-MCA, United States District Court for the District of New Jersey] (LR-22205)
SEC Obtains Injunction Against Myron Weiner for Unregistered Sales of Spongetech Delivery Systems, Inc. Stock; Weiner Ordered to Pay Over $1.3 Million
The United States Securities and Exchange Commission announced that on December 19, 2011, the Honorable Dora L. Irizarry, United States District Court Judge for the Eastern District of New York, entered a judgment against Myron Weiner. The judgment permanently enjoins Weiner from violating the registration provisions of Section 5 of the Securities Act of 1933 (“Securities Act”) and imposes a one-year penny stock bar against Weiner. The judgment also ordered Weiner to pay $1,215,057 in disgorgement, $80,135 in prejudgment interest, and a $50,000 civil penalty. Weiner consented to the entry of the judgment, without admitting or denying the allegations of the Commission’s complaint. Weiner also settled a related forfeiture action brought by the Civil Division of the U.S. Attorney’s Office for the Eastern District of New York.
The Commission’s civil action against Myron Weiner, filed on November 22, 2011, relates to his unregistered sales of shares of Spongetech Delivery Systems, Inc. (“Spongetech”) in 2009. In its complaint, the Commission alleges that Weiner purchased the shares from a Spongetech affiliate at a discounted price of 5 cents, and then sold the shares into the public market less than three months later for 20 cents, for a profit of $1,215,057. The Commission alleges that Weiner’s conduct violated the registration provisions of Section 5 of the Securities Act, since his sales were not registered with the Commission, and no exemption from the registration requirements of the federal securities laws applied.
The Commission wishes to thank the U.S. Attorney’s Office, the Federal Bureau of Investigation and the Internal Revenue Service for their assistance and cooperation in connection with this matter. [SEC v. Myron Weiner, Civil Action No. 11-CV-5731 (E.D.N.Y.) (DLI)(RER)] (LR-22206)
Genesis Capital, LLC and Northern Lights Fund Trust
An order has been issued on an application filed by Genesis Capital, LLC and Northern Lights Fund Trust for an exemption from Section 15(a) of the Investment Company Act of 1940 (Act) and Rule 18f-2 under the Act. The order permits the applicants to enter into and materially amend subadvisory agreements without shareholder approval. (Rel. IC-29888 - December 19)
Rio Tinto plc and Rio Tinto Limited
A notice has been issued giving interested persons until January 13, 2012 to request a hearing on an application filed by Rio Tinto plc and Rio Tinto Limited (together, “Rio Tinto”) for an order under Section 3(b)(2) of the Investment Company Act declaring Rio Tinto to be primarily engaged in a business other than that of investing, reinvesting, owning, holding or trading in securities. (Rel. IC-29889 - December 19)
Highland Capital Management, L.P., et al.
A notice has been issued giving interested persons until January 13, 2011, to request a hearing on an application filed by Highland Capital Management, L.P., et al., for an order to permit: (a) certain open-end management investment companies or series thereof to issue shares (Shares) redeemable in large aggregations only (Creation Unit Aggregations); (b) secondary market transactions in Shares to occur at negotiated market prices; (c) certain series to pay redemption proceeds, under certain circumstances, more than seven days from the tender of Shares for redemption; (d) certain affiliated persons of the series to deposit securities into, and receive securities from, the series in connection with the purchase and redemption of Creation Unit Aggregations; and (e) certain registered management investment companies and unit investment trusts outside of the same group of investment companies as the series to acquire Shares. (Rel. IC-29890 - December 19)
Accelerated Approval of Proposed Rule Change
The NYSE Amex LLC filed, and the Commission approved on an accelerated basis, a proposed rule change (SR-NYSEAmex-2011-97) pursuant to Section 19(b)(1) of the Exchange Act to amend NYSE Amex Rule 452 and Corresponding Section 723 of the Company Guide and Amex Rule 577 relating to discretionary proxy voting on executive compensation matters. Publication is expected in the Federal Register during the week of December 19. (Rel. 34-66006)
Immediate Effectiveness of Proposed Rule Changes
A proposed rule change filed by the National Stock Exchange, Inc. (SR-NSX-2011-15) to amend its fee and rebate schedule 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 December 19. (Rel. 34-66007)
A proposed rule change filed by C2 Options Exchange, Incorporated (SR-C2-2011-40) relating to the Penny Pilot program 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 December 19. (Rel. 34-66008)
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-8 ONEOK INC /NEW/, 100 WEST 5TH ST, TULSA, OK, 74103, 9185887000 - 1,300,000 ($105,950,000.00) Equity, (File 333-178622 - Dec. 20) (BR. 02C) S-8 REEDS INC, 13000 SOUTH SPRING STREET, LOS ANGELES, CA, 90061, 310-217-9400 - 2,000,000 ($2,900,650.00) Equity, (File 333-178623 - Dec. 20) (BR. 09B) S-1 DNA PRECIOUS METALS INC., 9125 PASCAL GAGNON, SUITE 204, ST. LEONARD, A8, H1P 1Z4, 514-852-2111 - 12,000,000 ($3,000,000.00) Equity, (File 333-178624 - Dec. 20) (BR. 09B) S-8 ASSURED GUARANTY LTD, 30 WOOD BOURNE AVE, HAMILTON BERMUDA, D0, 0000, 441-279-5700 - 0 ($19,545,000.00) Equity, (File 333-178625 - Dec. 20) (BR. 01A) S-B CANADA, CANADIAN EMBASSY, 1746 MASSACHUSETTS AVE NW, WASHINGTON, DC, 20036, 0 ($2,112,312,575.00) Other, (File 333-178626 - Dec. 20) (BR. DN) S-8 IVOICE, INC /NJ, 750 HIGHWAY 34, MATAWAN, NJ, 07747, 7324417700 - 1,609,436,507 ($160.94) Equity, (File 333-178627 - Dec. 20) (BR. 03A) S-1 ATEL Growth Capital Fund 8, LLC, ATEL FINANCIAL SERVICES, LLC, 600 CALIFORNIA STREET, 6TH FLOOR, SAN FRANCISCO, CA, 94108, 415-989-8800 - 0 ($75,000,000.00) Debt, (File 333-178629 - Dec. 20) (BR. 06) S-8 ASSOCIATED ESTATES REALTY CORP, 1 AEC PARKWAY, RICHMOND HEIGHTS, OH, 44143-1467, 2162615000 - 2,100,000 ($33,043,500.00) Equity, (File 333-178630 - Dec. 20) (BR. 08C) S-1 Comp Services, Inc., 414 S. ALMANSOR STREET, ALHAMBRA, CA, 91801, 626-227-1453 - 739,000 ($36,950.00) Equity, (File 333-178631 - Dec. 20) (BR. 02) F-10 Brookfield Office Properties Inc, BCE PLACE, 181 BAY STREET, SUITE 330, TORONTO, A6, M5J 2T3, 416-369-2300 - 0 ($1,000,000,000.00) Equity, (File 333-178635 - Dec. 20) (BR. 08B) S-8 Jive Software, Inc., 325 LYTTON STREET, PALO ALTO, CA, 94301, 503-295-3700 - 20,367,690 ($122,633,790.60) Equity, (File 333-178636 - Dec. 20) (BR. 03A) S-8 TripAdvisor, Inc., 333 108TH AVENUE NE, BELLEVUE, WA, 98004, 425.679.7810 - 17,500,000 ($277,952,000.00) Equity, (File 333-178637 - Dec. 20) (BR. 03C) S-3ASR WHOLE FOODS MARKET INC, 550 BOWIE STREET, AUSTIN, TX, 78703, 5124774455 - 0 ($1.00) Equity, (File 333-178638 - Dec. 20) (BR. 02C) S-3ASR VISTEON CORP, ONE VILLAGE CENTER DRIVE, VAN BUREN TOWNSHIP, MI, 48111, 800-847-8366 - 0 ($0.00) Unallocated (Universal) Shelf, (File 333-178639 - Dec. 20) (BR. 05C) S-8 HAMPTON ROADS BANKSHARES INC, 999 WATERSIDE DR., STE. 200, NORFOLK, VA, 23510, 757-217-1000 - 2,750,000 ($7,562,500.00) Equity, (File 333-178640 - Dec. 20) (BR. 07C) S-3 NTN BUZZTIME INC, 2231 RUTHERFORD ROAD, CARLSBAD, CA, 92008, 7604387400 - 12,903,226 ($4,000,000.00) Equity, (File 333-178641 - Dec. 20) (BR. 11C) S-3ASR WEBSTER FINANCIAL CORP, LINDSEY KOPP, 3 FARM GLEN BOULEVARD, FARMINGTON, CT, 06034-2925, 860-409-2925 - 0 ($0.00) Unallocated (Universal) Shelf, (File 333-178642 - Dec. 20) (BR. 07B) S-1 MAGNEGAS CORP, 150 RAINVILLE ROAD, TARPON SPRINGS, FL, 34689, (727) 932-9593 - 40,458,125 ($7,687,044.00) Equity, (File 333-178643 - Dec. 20) (BR. 10B) N-2 MEDALLION FINANCIAL CORP, 437 MADISON AVE 38 TH FLOOR, NEW YORK, NY, 10022, 2123282153 - 0 ($100,000,000.00) Unallocated (Universal) Shelf, (File 333-178644 - Dec. 20) (BR. 18) S-1 FIRST BANCORP /PR/, 1519 PONCE DE LEON AVE, SANTURCE, SAN JUAN, PR, 00908-0146, 7877298200 - 0 ($618,024,022.48) Equity, (File 333-178645 - Dec. 20) (BR. 07B) N-2 CĪON Investment Corp, 100 FIFTH AVE - 4TH FL, NEW YORK, NY, 10011, 212 - 418 - 4700 - 0 ($1,000,000,000.00) Equity, (File 333-178646 - Dec. 20) (BR. ) S-4 CUMULUS MEDIA INC, 3280 PEACHTREE ROAD N.W., SUITE 2300, ATLANTA, GA, 30305, 4049490700 - 0 ($610,000,000.00) Non-Convertible Debt, (File 333-178647 - Dec. 20) (BR. 11C) S-1 Digital Cinema Destinations Corp., 250 E. BROAD STREET, WESTFIELD, NJ, 07090, 908-396-1362 - 0 ($23,000,000.00) Equity, (File 333-178648 - Dec. 20) (BR. ) S-4 Chrysler Group LLC, 1000 CHRYSLER DRIVE, AUBURN HILLS, MI, 48326, 800-247-9753 - 0 ($3,200,000,000.00) Non-Convertible Debt, (File 333-178649 - Dec. 20) (BR. 05B) S-8 Expedia, Inc., 333 108TH AVENUE NE, BELLEVUE, WA, 98004, (425) 679-7200 - 29,000,200 ($165,780,000.00) Equity, (File 333-178650 - Dec. 20) (BR. 05B)
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 Acadia Healthcare Company, Inc. DE 1.01,8.01,9.01 12/15/11 ADVANCED CELL TECHNOLOGY, INC. DE 3.02,8.01 12/15/11 Advaxis, Inc. DE 5.02,9.01 12/14/11 ADVOCAT INC DE 5.02,9.01 12/20/11 Aegerion Pharmaceuticals, Inc. DE 5.02,9.01 12/14/11 AGCO CORP /DE DE 5.03,9.01 12/19/11 Alamo Energy Corp. NV 7.01,9.01 12/20/11 Alexza Pharmaceuticals Inc. DE 5.02 12/16/11 ALION SCIENCE & TECHNOLOGY CORP DE 2.02,7.01,8.01 12/20/11 ALLIANCE DATA SYSTEMS CORP DE 7.01,9.01 12/20/11 ALLIANCEBERNSTEIN HOLDING L.P. DE 5.02,7.01,9.01 12/19/11 ALLIANCEBERNSTEIN L.P. DE 5.02,7.01,9.01 12/19/11 Alliqua, Inc. FL 5.02,5.07,9.01 12/19/11 ALPHA & OMEGA SEMICONDUCTOR Ltd 1.01 12/14/11 ALPHA WASTEWATER, INC. NV 5.03,9.01 12/20/11 AMCON DISTRIBUTING CO DE 5.07 12/20/11 American Eagle Energy Inc. NV 1.01,3.03,5.01,9.01 12/20/11 American Energy Development Corp. NV 5.02,7.01,9.01 12/19/11 AMERICAN NATIONAL BANKSHARES INC VA 5.02,9.01 12/20/11 American Standard Energy Corp. DE 8.01,9.01 12/16/11 AMERIGON INC MI 8.01 12/14/11 ANSYS INC DE 5.03,8.01,9.01 12/14/11 AON CORP DE 8.01,9.01 12/20/11 APOLLO GROUP INC AZ 5.02,7.01,9.01 12/16/11 APPLIED ENERGETICS, INC. DE 8.01 12/15/11 ARBOR REALTY TRUST INC MD 5.02,8.01 12/15/11 ARBOR REALTY TRUST INC MD 8.01 12/20/11 ARRAY BIOPHARMA INC DE 8.01,9.01 12/16/11 ARROWHEAD RESEARCH CORP DE 2.02,9.01 12/20/11 ASBURY AUTOMOTIVE GROUP INC DE 8.01 12/20/11 ASIARIM CORP NV 8.01 12/20/11 AT&T INC. DE 1.02 12/19/11 ATLANTIC POWER CORP A1 2.01,9.01 11/05/11 AMEND Atrinsic, Inc. DE 2.01,8.01 12/15/11 AUTOLIV INC DE 5.02,5.03,8.01,9.01 12/20/11 BAKER HUGHES INC DE 2.06,5.02,9.01 12/19/11 BankGuam Holding Co 1.01,9.01 12/15/11 BeesFree, Inc. NV 4.01,9.01 12/16/11 BELK INC 2.03,9.01 12/14/11 BENIHANA INC DE 8.01,9.01 12/20/11 BGC Partners, Inc. DE 5.02,5.07,7.01,9.01 12/14/11 BIOANALYTICAL SYSTEMS INC IN 2.02,9.01 12/20/11 BIOTECH HOLDRS TRUST DE 8.01,9.01 12/20/11 BISON INSTRUMENTS INC MN 5.02 12/19/11 BJs RESTAURANTS INC CA 8.01,9.01 12/14/11 BLUE RIDGE REAL ESTATE CO PA 8.01 12/15/11 Boardwalk Pipeline Partners, LP DE 5.02,9.01 12/14/11 BORDERS GROUP INC MI 7.01,9.01 12/20/11 BRE PROPERTIES INC /MD/ MD 5.02,9.01 12/14/11 BROOKLINE BANCORP INC DE 8.01,9.01 12/20/11 BSD MEDICAL CORP DE 5.02 12/15/11 AMEND CAGLES INC GA 7.01,9.01 11/30/11 CAMDEN NATIONAL CORP ME 8.01,9.01 12/20/11 CAMERON INTERNATIONAL CORP DE 8.01 12/13/11 Cardinal Ethanol LLC IN 7.01,9.01 12/20/11 CARNIVAL CORP DE 2.02,9.01 12/20/11 CARPENTER TECHNOLOGY CORP DE 8.01 12/20/11 CEMTREX INC DE 5.02,9.01 12/19/11 CHARTER COMMUNICATIONS, INC. /MO/ DE 1.01,2.03,8.01,9.01 12/14/11 CHIMERA INVESTMENT CORP DE 5.03,9.01 12/14/11 China Industrial Steel Inc. MD 7.01,9.01 12/20/11 CINTAS CORP WA 2.02,9.01 12/20/11 CMS ENERGY CORP MI 1.01,9.01 12/15/11 CNL Properties Trust, Inc. MD 1.01,9.01 12/15/11 Cobalt International Energy, Inc. 1.01,2.01 12/20/11 COLDWATER CREEK INC DE 5.02 12/19/11 Colony Financial, Inc. MD 8.01 12/19/11 COMMERCE GROUP CORP /WI/ WI 8.01 12/15/11 CONAGRA FOODS INC /DE/ DE 2.02,9.01 12/20/11 CONSUMER PORTFOLIO SERVICES INC CA 1.01,2.03,9.01 12/14/11 COOPER COMPANIES INC DE 1.01,9.01 12/14/11 CUMULUS MEDIA INC DE 8.01,9.01 12/20/11 CVS CAREMARK CORP DE 2.02,9.01 12/20/11 CYTODYN INC CO 5.02,7.01,9.01 12/15/11 DARA BioSciences, Inc. DE 5.02 12/19/11 DELTA NATURAL GAS CO INC KY 2.03 12/20/11 DENBURY RESOURCES INC DE 5.02 12/14/11 DEPOMED INC CA 1.01,1.02,5.02 12/15/11 DGT Holdings Corp. NY 5.02,5.07,8.01 09/22/11 DGT Holdings Corp. NY 5.02 09/21/11 AMEND Digital Domain Media Group, Inc. FL 2.02,8.01,9.01 12/20/11 DIRECT INSITE CORP DE 8.01,9.01 12/13/11 DIVERSIFIED GLOBAL HOLDINGS GROUP INC FL 1.01,3.02,5.03,9.01 11/09/11 Dixie Foods International, Inc FL 5.02 12/16/11 DONALDSON CO INC DE 5.02,7.01,9.01 12/20/11 DRINKS AMERICAS HOLDINGS, LTD DE 1.01,2.04,3.02,9.01 12/13/11 Duke Mountain Resources, Inc NV 1.01 12/20/11 DYNAVAX TECHNOLOGIES CORP DE 8.01,9.01 12/20/11 DYNEGY INC. DE 1.01,9.01 12/16/11 EARTHSTONE ENERGY INC DE 8.01,9.01 12/19/11 ECA Marcellus Trust I DE 8.01,9.01 12/19/11 EnerJex Resources, Inc. NV 1.01,2.03,9.01 12/14/11 EPLUS INC DE 8.01 12/19/11 Eternal Energy Corp. 1.01,5.01,5.02,5.03, 12/20/11 9.01 EV Energy Partners, LP DE 1.01,5.02,9.01 12/20/11 FAUQUIER BANKSHARES, INC. VA 7.01,9.01 12/20/11 Federal Home Loan Bank of Atlanta X1 2.03 12/20/11 Federal Home Loan Bank of Boston X1 2.03 12/15/11 Federal Home Loan Bank of Chicago X1 2.03 12/14/11 Federal Home Loan Bank of Chicago X1 5.03,9.01 12/15/11 Federal Home Loan Bank of Cincinnati X1 2.03,9.01 12/14/11 Federal Home Loan Bank of Des Moines X1 7.01,9.01 12/20/11 Federal Home Loan Bank of Des Moines X1 2.03,9.01 12/16/11 Federal Home Loan Bank of Indianapoli X1 2.03,9.01 12/20/11 Federal Home Loan Bank of New York X1 2.03,9.01 12/14/11 Federal Home Loan Bank of Pittsburgh PA 2.03,9.01 12/14/11 Federal Home Loan Bank of San Francis X1 2.03 12/15/11 Federal Home Loan Bank of Topeka 2.03,9.01 12/14/11 FIRST M&F CORP/MS MS 5.03,9.01 12/14/11 FIRST OF LONG ISLAND CORP NY 5.03,9.01 12/20/11 FIRSTCITY FINANCIAL CORP DE 7.01,9.01 12/20/11 FLEXTRONICS INTERNATIONAL LTD. U0 5.02 12/16/11 FSI INTERNATIONAL INC MN 2.02,9.01 12/20/11 Fuel Systems Solutions, Inc. 5.02,5.03,9.01 12/14/11 FXCM Inc. 1.01,2.03,7.01,9.01 12/19/11 GALECTIN THERAPEUTICS INC NV 8.01,9.01 12/20/11 GE Dealer Floorplan Master Note Trust DE 1.01,9.01 12/16/11 GENERAL MILLS INC DE 2.02,9.01 12/20/11 General Moly, Inc DE 5.02,8.01,9.01 12/15/11 GLIMCHER REALTY TRUST MD 1.01,8.01,9.01 12/20/11 GLOBAL CASINOS INC UT 2.03,3.02,9.01 12/20/11 GOLDEN GRAIN ENERGY IA 1.01 12/15/11 Golden Spirit Enterprises Ltd. DE 5.03 12/20/11 GP STRATEGIES CORP DE 5.07 12/14/11 GREENHILL & CO INC DE 5.02,9.01 12/20/11 GROEN BROTHERS AVIATION INC /UT/ UT 1.01,3.03,5.03,9.01 12/19/11 HANCOCK FABRICS INC DE 5.07,8.01 12/16/11 HARDINGE INC NY 1.01,2.03,9.01 12/16/11 HARMONIC ENERGY, INC. NV 5.02,8.01 12/16/11 HEALTH ENHANCEMENT PRODUCTS INC NV 1.02,5.02 12/16/11 HEALTHWAYS, INC DE 7.01,9.01 12/20/11 HOME PROPERTIES INC MD 1.01,2.03,9.01 12/19/11 HOMELAND ENERGY SOLUTIONS LLC 1.01 12/15/11 HORNE INTERNATIONAL, INC. DE 5.02 12/19/11 HOUSTON AMERICAN ENERGY CORP DE 8.01 12/19/11 HSW International, Inc. DE 4.01,5.02,9.01 12/20/11 IDT CORP DE 7.01,9.01 12/20/11 IDT CORP DE 5.07 12/15/11 II-VI INC PA 7.01,9.01 12/19/11 IKANOS COMMUNICATIONS CA 3.01 12/16/11 IMAGE SENSING SYSTEMS INC MN 1.01,2.05,9.01 12/15/11 IMAGING3 INC CA 5.02 12/20/11 IMMUNOGEN INC MA 7.01 12/20/11 IMPERIAL SUGAR CO /NEW/ TX 8.01,9.01 12/16/11 INCYTE CORP DE 5.02 12/20/11 INERGY L P DE 1.01,9.01 12/15/11 INERGY MIDSTREAM, L.P. 1.01,9.01 12/15/11 INFINERA CORP DE 5.02 12/14/11 INFORMATICA CORP DE 5.05 12/15/11 Infusion Brands International, Inc. NV 1.01,3.02,9.01 12/14/11 INSIGNIA SYSTEMS INC/MN MN 5.02,9.01 12/16/11 INTEGRATED DEVICE TECHNOLOGY INC DE 1.01,9.01 12/14/11 INTEGRATED ELECTRICAL SERVICES INC DE 1.01,2.02,9.01 12/15/10 INTEGRYS ENERGY GROUP, INC. WI 5.03,9.01 12/15/11 INTER PARFUMS INC DE 8.01 12/20/11 INTERNATIONAL BANCSHARES CORP TX 5.02 12/16/11 INTERNATIONAL LEASE FINANCE CORP CA 7.01,9.01 12/19/11 INTERSECTIONS INC DE 1.01,9.01 12/19/11 IRIS INTERNATIONAL INC DE 1.01,9.01 12/14/11 JABIL CIRCUIT INC DE 2.02,9.01 12/20/11 JACOBS ENTERTAINMENT INC DE 9.01 10/03/11 AMEND JEFFERIES GROUP INC /DE/ DE 2.02,9.01 12/20/11 KBR, INC. DE 7.01,9.01 12/20/11 KBS Real Estate Investment Trust, Inc MD 1.01,2.03 12/14/11 LADENBURG THALMANN FINANCIAL SERVICES FL 1.01,5.02 12/15/11 LADENBURG THALMANN FINANCIAL SERVICES FL 5.07 11/10/11 AMEND LEAF Equipment Finance Fund 4, L.P. DE 5.02 12/14/11 LEAF Equipment Leasing Income Fund II DE 5.02 12/14/11 LEASE EQUITY APPRECIATION FUND I LP DE 5.02 12/14/11 Lease Equity Appreciation Fund II, L. DE 5.02,8.01 12/14/11 Liberty Media Corp DE 2.02,7.01,9.01 12/16/11 LIBERTY SILVER CORP 3.02 12/19/11 LORAN CONNECTION CORP NV 5.02,5.03,8.01,9.01 12/13/11 LTS Nutraceuticals, Inc. NV 1.01,2.01,3.02,9.01 12/14/11 M&T BANK CORP NY 8.01 12/19/11 MAGELLAN MIDSTREAM PARTNERS LP DE 7.01,9.01 12/20/11 MAGELLAN PETROLEUM CORP /DE/ DE 3.02,8.01,9.01 12/14/11 MAKEMUSIC, INC. MN 1.01,9.01 12/19/11 MARTIN MARIETTA MATERIALS INC NC 8.01 12/06/11 MB FINANCIAL INC /MD 5.02 12/14/11 MEDIA SCIENCES INTERNATIONAL INC 8.01 12/19/11 MEMSIC Inc 5.02 12/15/11 Merriman Holdings, Inc DE 3.02 12/14/11 Mindesta Inc. DE 1.01,5.02,9.01 12/15/11 MMEX Mining Corp 1.01 12/15/11 MMRGlobal, Inc. DE 8.01 12/16/11 Mojo Ventures, Inc. DE 4.01,9.01 12/15/11 MOLINA HEALTHCARE INC DE 7.01,9.01 12/20/11 NASDAQ OMX GROUP, INC. DE 5.02,9.01 12/14/11 NATIONAL WESTERN LIFE INSURANCE CO CO 5.02,9.01 12/14/11 NATURAL GAS SERVICES GROUP INC 5.02 12/19/11 NAVISTAR INTERNATIONAL CORP DE 2.02,5.02,7.01,9.01 12/17/11 NB&T FINANCIAL GROUP INC OH 8.01 12/20/11 Neonode, Inc DE 3.02 12/14/11 Net Element, Inc. DE 5.02 12/14/11 NEW ENERGY SYSTEMS GROUP NV 8.01,9.01 12/19/11 NEWPORT CORP NV 2.01,9.01 10/04/11 AMEND NEWS CORP 8.01,9.01 12/20/11 NEXT FUEL, INC. NV 8.01,9.01 12/19/11 NEXTERA ENERGY INC FL 5.02 12/16/11 NIC INC CO 8.01 12/16/11 NIKE INC OR 2.02,9.01 12/19/11 NorthStar Real Estate Income Trust, I MD 8.01 12/16/11 NORTHWEST NATURAL GAS CO OR 5.02,9.01 12/14/11 NORTHWESTERN CORP DE 7.01 12/20/11 NOVELOS THERAPEUTICS, INC. DE 5.02 12/16/11 NTN BUZZTIME INC DE 1.01,9.01 12/20/11 NTS MORTGAGE INCOME FUND DE 8.01,9.01 12/19/11 Nuveen Diversified Commodity Fund DE 7.01,9.01 12/20/11 OCEANEERING INTERNATIONAL INC DE 2.01,9.01 12/20/11 Ohr Pharmaceutical Inc 3.02 12/16/11 OIL SERVICE HOLDRS TRUST NY 8.01,9.01 12/20/11 OPENTABLE INC DE 5.02,8.01,9.01 12/14/11 Options Media Group Holdings, Inc. NV 5.02 12/14/11 ORACLE CORP 2.02,8.01,9.01 12/20/11 ORCHID CELLMARK INC 3.01,3.02,3.03,5.03, 12/15/11 9.01 Otter Tail Corp MN 5.02 12/16/11 PALL CORP NY 5.02,5.07 12/14/11 PAPA JOHNS INTERNATIONAL INC DE 7.01,9.01 12/20/11 PARTNERRE LTD 8.01,9.01 12/14/11 PATRICK INDUSTRIES INC IN 7.01,9.01 12/19/11 PAYCHEX INC DE 2.02,9.01 12/20/11 PEER REVIEW MEDIATION & ARBITRATION I FL 2.01,9.01 11/01/10 PEOPLES BANCORPORATION INC /SC/ SC 1.01,8.01,9.01 12/19/11 PEOPLES LIBERATION INC DE 5.02 12/14/11 PHARMACEUTICAL HOLDRS TRUST 8.01,9.01 12/20/11 PHARMACYCLICS INC DE 8.01,9.01 12/19/11 PILGRIMS PRIDE CORP DE 9.01 12/20/11 AMEND PLAINS EXPLORATION & PRODUCTION CO DE 7.01 12/19/11 POZEN INC /NC 1.01 12/19/11 PREMIERE GLOBAL SERVICES, INC. GA 1.01,2.03,9.01 12/20/11 Prestige Brands Holdings, Inc. 7.01,9.01 12/20/11 PRIVATE MEDIA GROUP INC NV 5.02 12/15/11 PROELITE, INC. NJ 5.02 12/14/11 PROFESSIONAL VETERINARY PRODUCTS LTD NE 2.01,9.01 12/16/11 PROGENICS PHARMACEUTICALS INC DE 8.01,9.01 12/20/11 PROVECTUS PHARMACEUTICALS INC NV 8.01,9.01 12/20/11 PSS WORLD MEDICAL INC FL 5.02,9.01 12/15/11 PUBLIX SUPER MARKETS INC FL 1.01,9.01 12/14/11 RADIANT LOGISTICS, INC DE 5.02 12/14/11 REALNETWORKS INC WA 5.02 12/15/11 Regency Energy Partners LP DE 8.01 12/19/11 REGIONAL BANK HOLDERS SM TRUST NY 8.01,9.01 12/20/11 REINSURANCE GROUP OF AMERICA INC MO 1.01,1.02,2.03,9.01 12/19/11 REPLIGEN CORP DE 5.03,9.01 12/15/11 REPLIGEN CORP DE 2.01,7.01,9.01 12/20/11 RETAIL HOLDRS TRUST NY 8.01,9.01 12/20/11 RIMAGE CORP MN 9.01 10/10/11 AMEND Rock Energy Resources, Inc. DE 2.01,2.03,3.02,8.01, 12/14/11 9.01 Rose Rock Midstream, L.P. 1.01,2.03,3.02,5.03, 12/14/11 8.01,9.01 ROYAL BANCSHARES OF PENNSYLVANIA INC PA 5.02 12/14/11 RUBICON FINANCIAL INC NV 8.01 12/07/11 RYLAND GROUP INC MD 1.01,2.03,9.01 12/14/11 SANDY SPRING BANCORP INC MD 8.01,9.01 12/20/11 SANTARUS INC DE 8.01,9.01 12/20/11 SCBT FINANCIAL CORP SC 8.01,9.01 12/19/11 Seagate Technology plc L2 2.01,3.02,9.01 12/19/11 SEMICONDUCTOR HOLDRS TRUST NY 8.01,9.01 12/20/11 SG BLOCKS, INC. DE 2.01,9.01 11/04/11 AMEND SHERIDAN GROUP INC DE 8.01 11/23/11 SHERWIN WILLIAMS CO OH 5.02 12/14/11 SIMPSON MANUFACTURING CO INC /CA/ DE 5.02,9.01 12/16/11 SIMPSON MANUFACTURING CO INC /CA/ DE 1.01,9.01 12/16/11 Six Flags Entertainment Corp 1.01,1.02,9.01 12/20/11 SOUTHERN MICHIGAN BANCORP INC MI 7.01,8.01,9.01 12/20/11 SPX CORP DE 5.02 12/16/11 SS&C Technologies Holdings Inc DE 1.01,1.02,2.03,8.01, 12/15/11 9.01 STAR SCIENTIFIC INC DE 5.03,5.07,9.01 12/16/11 STEINER LEISURE Ltd C5 5.02,9.01 12/19/11 STONE ENERGY CORP DE 7.01,9.01 12/19/11 SUREWEST COMMUNICATIONS CA 5.02 12/14/11 SUSQUEHANNA BANCSHARES INC PA 5.02,8.01,9.01 12/19/11 SXC Health Solutions Corp. A6 1.01,1.02,2.03 12/16/11 SYPRIS SOLUTIONS INC DE 1.01,8.01,9.01 12/20/11 TAL International Group, Inc. DE 5.02,9.01 12/15/11 TALBOTS INC DE 8.01,9.01 12/20/11 TARGACEPT INC 8.01,9.01 12/20/11 TaxMasters, Inc. NV 1.01,3.02 12/14/11 TBS International plc L2 1.01 12/14/11 TEMPLE INLAND INC DE 8.01,9.01 12/18/11 Tennessee Commerce Bancorp, Inc. TN 3.01 12/14/11 TIDELANDS ROYALTY TRUST B TX 7.01,9.01 12/19/11 TMS International Corp. DE 1.01,1.02,2.03 12/15/11 TPG Specialty Lending, Inc. DE 3.02 12/16/11 TRANSDEL PHARMACEUTICALS INC DE 1.01,1.02,2.03,3.02, 10/07/11 5.01,5.02,5.03,9.01 Travelport LTD D0 1.01,5.02,9.01 12/14/11 Trius Therapeutics Inc DE 7.01,9.01 12/19/11 TRUMP ENTERTAINMENT RESORTS, INC. DE 1.01 12/20/11 U. S. Premium Beef, LLC 7.01,9.01 12/20/11 UNIFI INC NY 1.01,9.01 12/19/11 UNITED BANCSHARES INC /PA PA 5.07 12/16/11 URANIUM ENERGY CORP NV 7.01,9.01 12/20/11 Urban Barns Foods Inc. 5.02,9.01 12/20/11 URSTADT BIDDLE PROPERTIES INC MD 2.02,9.01 12/15/11 VERMILLION, INC. DE 1.01,8.01,9.01 12/19/11 VIRGINIA COMMERCE BANCORP INC 5.02,9.01 12/20/11 VistaGen Therapeutics, Inc. NV 2.01 05/11/11 AMEND VISTAPRINT N.V. P7 1.01,9.01 12/17/11 Vulcan Materials CO NJ 1.01,1.02,7.01,9.01 12/15/11 WILLIS GROUP HOLDINGS PLC L2 1.01,1.02,2.03,5.02, 12/14/11 9.01 XO GROUP INC. DE 8.01,9.01 12/19/11 YUHE INTERNATIONAL, INC. NV 3.01 12/15/11 ZYNEX INC NV 1.01,2.03,9.01 12/19/11