Money Market Fund Reform; Amendments to Form PF
The Securities and Exchange Commission (Commission) today proposed reforms to money market fund regulation. The proposal includes two alternative reforms that could be adopted alone or in combination. The proposed new rules and rule amendments are designed to mitigate money market funds' susceptibility to heavy redemptions during times of stress, improve money market funds' ability to manage and mitigate potential contagion from high levels of redemptions, and improve the transparency of risk in money market funds. The first proposed alternative would require all institutional prime money market funds to operate with a floating net asset value instead of a stable share price. The second proposed alternative would require non-government money market funds generally to impose a 2% liquidity fee if the fund's level of weekly liquid assets falls below 15% of its total assets, unless the fund's board determined that not imposing the fee or imposing a lesser fee was in the best interest of the fund. Under these circumstances, the fund's board would also be able to temporarily suspend redemptions in the fund for up to 30 days in a 90 day period. Among other things, the proposed amendments would also tighten diversification requirements, enhance disclosure requirements, strengthen fund stress testing, and improve money market fund portfolio reporting. Finally, it would require similar portfolio holdings reporting by advisers of unregistered private liquidity funds that could serve as alternatives to money market funds.
The Commission is seeking public comment on the proposal. Comments must be submitted within 90 days of publication in the Federal Register. The full text of the release proposing the rule amendments is available on the SEC website. (Rel. 33-9408; IA-3616; IC-30551; File No. S7-03-13) (Press Rel. 2013-101)
Commission Charges Penny Stock Company and CEO for Illegal Stock Offering and Insider Trading
The Commission today charged a microcap company that was ensnared in an SEC trading suspension proactively targeting questionable penny stocks, and also charged the CEO who illicitly profited from selling his shares while investors were unaware of the company's financial struggles.
According to the SEC's complaint, Laidlaw Energy Group and its CEO Michael B. Bartoszek sold more than two billion shares of Laidlaw's common stock in 35 issuances to three commonly controlled purchasers at deep discounts from the market price. Laidlaw did not register this stock offering with the SEC, and no exemptions from registration were applicable. Bartoszek knew that the purchasers were dumping the shares into the market usually within days or weeks of the purchases to make hundreds of thousands of dollars in profits. Laidlaw's $1.2 million in proceeds from these transactions was essentially the sole source of funds for the company's operations during most of its existence. Laidlaw, which is based in New York City, purports to be a developer of facilities that generate electricity from wood biomass.
The SEC alleges that these transactions diluted the value of shares previously purchased by common investors in the market, who were not told about the huge blocks of cheap stock Laidlaw was selling. Investors also were not aware that Laidlaw relied on these transactions to fund its operations entirely. The SEC suspended trading in Laidlaw stock in June 2011.
According to the SEC's complaint, Bartoszek also violated insider trading laws when he personally sold more than 100 million shares of Laidlaw common stock from December 2009 to June 2011, and he made more than $318,000 in profits. Bartoszek was in possession of material, non-public information while making these trades on the basis of his insider knowledge about Laidlaw's poor financial condition, the illegal fire sale of more 80 percent of Laidlaw's stock, and adverse developments about Laidlaw's business prospects. As a result of the volume of Bartoszek's sales and the lack of current, publicly available information about the company, these sales also violated the registration requirements of the federal securities laws.
The SEC further alleges that Laidlaw and Bartoszek made subsequent false statements about the ownership of Laidlaw shares in SEC filings to register certain common stock following the trading suspension. Laidlaw and Bartoszek misled investors to believe that the purchasers of the two billion unregistered shares had acquired them to hold as an investment in the company. The filings falsely represented that these purchasers were the current “beneficial owner” of more than 80 percent of Laidlaw's common stock, an assertion that only could have been true if the purchasers had not sold any of their Laidlaw stock. In fact, as Laidlaw and Bartoszek knew, the purchasers had long ago dumped all of the stock.
The SEC's action was filed in the U.S. District Court for the Southern District of New York, alleging violations by Laidlaw and Bartoszek of Sections 5(a) and 5(c) of the Securities Act of 1933 and Section 10(b) of the Securities Exchange Act of 1934. The SEC action also charges Bartoszek with violations of Section 17(a) of the Securities Act and secondary liability under Sections 20(a) and 20(e) of the Exchange Act for Laidlaw's violation of Section 10(b) of the Exchange Act and Rule 10b-5. The complaint seeks, among other things, disgorgement of ill-gotten gains, with interest, financial penalties, and injunctive relief, as to both defendants. The SEC also seeks to bar Bartoszek from participating in future penny stock offerings and from serving as public company officers or directors.
The SEC's investigation has been conducted by Michael Paley, Haimavathi Marlier, and Todd Brody of the New York Regional Office with assistance from the Microcap Fraud Working Group. Mr. Brody and Ms. Marlier will lead the SEC's litigation. [SEC v. Laidlaw Energy Group, Inc. and Michael Bartoszek, Civil Action No. 13 Civ. 3837 (ALC) (S.D.N.Y.)] (LR-22714) (Press Rel. 2013-100)
Commission Revokes Registration of Securities of Griffin Mining, Ltd. for Failure to Make Required Periodic Filings
On June 5, 2013, the Commission revoked the registration of each class of registered securities of Griffin Mining, Ltd. (Griffin Mining) (stock symbol “GFMIF”) 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, Griffin Mining 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 Griffin Mining, Ltd. finding that it had failed to comply with Section 13(a) of the Securities Exchange Act of 1934 (Exchange Act) and Rule 13a-1 thereunder and revoking the registration of each class of Griffin Mining's securities pursuant to Section 12(j) of the Exchange Act. This Order settled the proceedings brought against Griffin Mining in In the Matter of Griffin Mining, Ltd., et al., Administrative Proceeding File No. 3-15326.
Brokers and dealers should be alert to the fact that Exchange Act Section 12(j) provides, in pertinent part, as follows:
No member of a national securities exchange, broker, or dealer shall make use of the mails or any means or instrumentality of interstate commerce to effect any transaction in, or to induce the purchase or sale of, any security the registration of which has been and is suspended or revoked . . . . (Rel. 34-69698; File No. 3-15326)
In the Matter of Actavision Ventures, Inc., et al.
An Administrative Law Judge has issued an Order Making Findings and Revoking Registration by Default as to Five Respondents (Default Order) in Actavision Ventures, Inc., Admin. Proc. File No. 3-15302. The Order Instituting Proceedings (OIP) alleged that Respondents Actavision Ventures, Inc., American Resources Group, Inc., Audioscience, Inc., Cybertex Enterprises, Inc. (n/k/a Synvion Corp.), and Duct Utility Construction & Technologies, Inc., repeatedly failed to file timely periodic reports while their securities were registered with the Securities and Exchange Commission. The Default Order finds these allegations to be true and revokes the registration of each class of their registered securities, pursuant to Section 12(j) of the Securities Exchange Act of 1934. Respondent Basset Enterprises, Inc. has not yet been served with the OIP and remains in the proceeding. (Rel. 34-69697; File No. 3-15302)
INVESTMENT COMPANY ORDERS
CPG Carlyle Private Equity Fund, LLC, et al.
An order has been issued on an application filed by CPG Carlyle Private Equity Fund, LLC, et al. under section 6(c) of the Investment Company Act of 1940 (Act) granting an exemption from sections 18(c) and 18(i), and section 17(d) of the Act and rule 17d-1 under the Act. The order permits registered closed-end management investment companies to issue multiple classes of shares and to impose asset-based service and/or distribution fees and contingent deferred sales loads. (Rel. IC-30547 - June 4, 2013)
FS Investment Corporation, et al
An order has been issued on an application filed by FS Investment Corporation, et al., under Sections 17(d), 57(a)(4) and 57(i) of the Investment Company Act of 1940 (Act) and Rule 17d-1 under the Act. The order permits certain business development companies to co-invest with certain affiliated investment funds in portfolio companies. (Rel. IC-30548 - June 4, 2013)
Forum Investment Advisors, LLC, et al.
An order has been issued on an application filed by Forum Investment Advisors, LLC, et al., that permits: (a) series of certain actively managed open-end management investment companies to issue shares (Shares) redeemable in large aggregations only (Creation Units); (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 Units; 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-30549 - June 4, 2013)
Immediate Effectiveness of a Proposed Rule Change
A proposed rule change (SR-NYSEMKT-2013-45) filed by NYSE MKT LLC extending its program that allows transactions to take place at a price that is below $1 per option contract until January 5, 2014 has become effective under Section 19(b)(3)(A) of the Securities Exchange Act of 1934. Publication of the proposal is expected to be made in the Federal Register during the week of June 3rd. (Rel. 34-69692).
A proposed rule change (SR-CBOE-2013-053) filed by the Chicago Board Options Exchange, Incorporated to update a reference in Rule 8.51 has become effective under Section 19(b)(3)(A) of the Securities Exchange Act of 1934. Publication of the proposal is expected to be made in the Federal Register during the week of June 3rd. (Rel. 34-69693).
A proposed rule change (SR-NYSEArca-2013-57) filed by NYSE Arca, Inc. extending its program that allows transactions to take place at a price that is below $1 per option contract until January 5, 2014 has become effective under Section 19(b)(3)(A) of the Securities Exchange Act of 1934. Publication of the proposal is expected to be made in the Federal Register during the week of June 3rd. (Rel. 34-69691).
The National Securities Clearing Corporation (NSCC) filed a proposed rule change (File No. SR-NSCC-2013-07) under Section 19(b)(1) of the Securities Exchange Act of 1934 that consists of technical corrections to reflect the availability of certain functionality in the Obligation Warehouse service. Publication is expected in the Federal Register during the week of June 3rd. (Rel. 34-69694)
A proposed rule change filed by Chicago Board Options Exchange, Incorporated to amend the Fees Schedule (SR-CBOE-2013-056) 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 June 3rd. (Rel. 34-69681)
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-3ASR ETFS Platinum Trust, ETF SECURITIES USA LLC, 48 WALL STREET, 11TH FLOOR, NEW YORK, NY, 10005, 212-918-4954 - 5,500,000 ($787,902,500.00) Equity, (File 333-189061 - Jun. 4) (BR. 08B) S-8 VERINT SYSTEMS INC, 330 SOUTH SERVICE ROAD, MELVILLE, NY, 11747, 6319629600 - 2,695,504 ($91,000,215.04) Equity, (File 333-189062 - Jun. 4) (BR. 03A) S-4 TEMPUR PEDIC INTERNATIONAL INC, 1713 JAGGIE FOX WAY, LEXINGTON, KY, 40511, 800-878-8889 - 0 ($375,000,000.00) Non-Convertible Debt, (File 333-189063 - Jun. 4) (BR. 06C) S-4 FOREST OIL CORP, 707 SEVENTEENTH STREET, SUITE 3600, DENVER, CO, 80202, 3038121400 - 0 ($500,000,000.00) Debt, (File 333-189064 - Jun. 4) (BR. 04B) S-3 Accelerate Diagnostics, Inc, 303 E 17TH AVE, SUITE 108, DENVER, CO, 80203, 303-863-8088 - 0 ($20,000,000.00) Equity, (File 333-189065 - Jun. 4) (BR. 10A) S-3 Spectra Energy Partners, LP, 5400 WESTHEIMER COURT, HOUSTON, TX, 77056, 713-627-5400 - 0 ($500,000,000.00) Unallocated (Universal) Shelf, (File 333-189066 - Jun. 4) (BR. 02A) F-1 Grana & Montero S.A.A., AV. PASEO DE LA REPUBLICA 4667, LIMA, R5, LIMA 34, 5112136565 - 0 ($460,000,000.00) Equity, (File 333-189067 - Jun. 4) (BR. 06C) S-8 EASTGROUP PROPERTIES INC, P O BOX 22728, JACKSON, MS, 39202, 6013543555 - 2,000,000 ($118,390,000.00) Equity, (File 333-189069 - Jun. 4) (BR. 08B) S-8 LUMENIS LTD, PO BOX 240, YOKNEAM ISRAEL 20692, L5, 00000, 9729599000 - 4,000,000 ($5,080,000.00) Other, (File 333-189077 - Jun. 4) (BR. 10B) S-8 VALMONT INDUSTRIES INC, PO BOX 358, HWY 275, VALLEY, NE, 68064, 4023592201 - 1,700,000 ($256,241,000.00) Equity, (File 333-189086 - Jun. 4) (BR. 06B) S-4 STEEL DYNAMICS INC, 7575 W JEFFERSON BLVD, FORT WAYNE, IN, 46804, 260 459 3553 - 0 ($750,000,000.00) Debt, (File 333-189087 - Jun. 4) (BR. 06B) S-8 FORRESTER RESEARCH, INC., 60 ACORN PARK DRIVE, CAMBRIDGE, MA, 02140, 6176136000 - 0 ($27,971,610.56) Equity, (File 333-189089 - Jun. 4) (BR. 06A) S-4 CAESARS ENTERTAINMENT Corp, ONE CAESARS PALACE DRIVE, LAS VEGAS, NV, 89109, 7024076000 - 0 ($3,000,000,000.00) Debt, (File 333-189090 - Jun. 4) (BR. 08C) S-8 1st Century Bancshares, Inc., 1875 CENTURY PARK EAST, SUITE 1400, LOS ANGELES, CA, 90067, 310-270-9500 - 750,000 ($4,447,500.00) Equity, (File 333-189091 - Jun. 4) (BR. 07B) S-4 Clearwater Paper Corp, 601 WEST RIVERSIDE AVENUE, SUITE 1100, SPOKANE, WA, 99201, 509.344.5900 - 0 ($275,000,000.00) Debt, (File 333-189092 - Jun. 4) (BR. 04B) S-8 EXPEDITORS INTERNATIONAL OF WASHINGTON INC, 1015 THIRD AVENUE 12TH FLOOR, SEATTLE, WA, 98104, 2066743400 - 3,000,000 ($117,300,000.00) Equity, (File 333-189093 - Jun. 4) (BR. 05B) F-3ASR Giant Interactive Group Inc., 2/F NO. 29 BUILDING, 396 GUILIN ROAD, SHANGHAI, F4, 200233, 8621 6451-5001 - 0 ($0.00) ADRs/ADSs, (File 333-189094 - Jun. 4) (BR. 03A) S-8 T-Mobile US, Inc., 12920 SE 38TH STREET, BELLEVUE, WA, 98006, 800-318-9270 - 0 ($1,369,271,000.00) Equity, (File 333-189095 - Jun. 4) (BR. 11A) S-8 AMC Networks Inc., 11 PENN PLAZA, NEW YORK, NY, 10001, (212) 324-8500 - 0 ($6,490,000.00) Equity, (File 333-189096 - Jun. 4) (BR. 11C) S-8 M&T BANK CORP, C/O CORPORATE REPORTING, ONE M&T PLAZA 5TH FLOOR, BUFFALO, NY, 14203, 7168425390 - 0 ($315,240,000.00) Equity, (File 333-189097 - Jun. 4) (BR. 12A) S-4 PROVIDENT NEW YORK BANCORP, 400 RELLA BLVD, MONTEBELLO, NY, 10901, 8453698040 - 0 ($369,860,724.00) Equity, (File 333-189098 - Jun. 4) (BR. 07C) S-8 M&T BANK CORP, C/O CORPORATE REPORTING, ONE M&T PLAZA 5TH FLOOR, BUFFALO, NY, 14203, 7168425390 - 0 ($262,700,000.00) Equity, (File 333-189099 - Jun. 4) (BR. 12A) S-3ASR Public Storage, 701 WESTERN AVENUE, GLENDALE, CA, 91201-2349, 818-244-8080 - 0 ($0.00) Unallocated (Universal) Shelf, (File 333-189100 - Jun. 4) (BR. 08C) S-4 Piedmont Office Realty Trust, Inc., 11695 JOHNS CREEK PARKWAY, STE 350, JOHNS CREEK, GA, 30097, 7704188800 - 0 ($350,000,000.00) Debt, (File 333-189101 - Jun. 4) (BR. 08C) S-3ASR Piedmont Office Realty Trust, Inc., 11695 JOHNS CREEK PARKWAY, STE 350, JOHNS CREEK, GA, 30097, 7704188800 - 0 ($0.00) Unallocated (Universal) Shelf, (File 333-189102 - Jun. 4) (BR. 08C) S-11 American Homes 4 Rent, 22917 PACIFIC COAST HWY, # 300, MALIBU, CA, 90265, 310-494-2200 - 0 ($1,250,000,000.00) Equity, (File 333-189103 - Jun. 4) (BR. 08) N-2 Highland Floating Rate High Income Fund, 300 CRESCENT COURT, SUITE 700, DALLAS, TX, 75201, (972) 419-2556 - 0 ($1,000,000.00) Other, (File 333-189104 - Jun. 4) (BR. ) N-2 Highland Global Credit Allocation Fund, 300 CRESCENT COURT, SUITE 700, DALLAS, TX, 75201, 972-419-2556 - 0 ($1,000,000.00) Equity, (File 333-189105 - Jun. 4) (BR. )
Recent 8K Filings
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 ABM INDUSTRIES INC /DE/ DE 2.02,8.01,9.01 06/03/13 ACCELRYS, INC. DE 5.07 05/30/13 ACORDA THERAPEUTICS INC 5.02,5.07 05/30/13 AFH ACQUISITION VII, INC. DE 5.02 05/29/13 AGILYSYS INC OH 1.01,8.01,9.01 05/31/13 AIR METHODS CORP DE 5.07 05/30/13 Alliance Bancorp, Inc. of Pennsylvania PA 5.03,9.01 06/01/13 ALLIANCE DATA SYSTEMS CORP DE 7.01,9.01 06/04/13 Allied Nevada Gold Corp. DE 5.02,9.01 05/29/13 AMBARELLA INC 2.02,9.01 06/04/13 AMEREN CORP MO 5.02,7.01,9.01 06/04/13 AMERICAN CAMPUS COMMUNITIES INC MD 7.01,9.01 06/03/13 AMERICAN ELECTRIC POWER CO INC NY 7.01 06/04/13 AMERICAN NATIONAL BANKSHARES INC VA 8.01,9.01 06/04/13 American Realty Capital Properties, I MD 8.01,9.01 06/04/13 American Realty Capital Properties, I MD 7.01,9.01 06/04/13 AMERICAN SAFETY INSURANCE HOLDINGS LT 8.01,9.01 06/03/13 AMERICAN WOODMARK CORP VA 2.02,9.01 06/04/13 AMERISOURCEBERGEN CORP DE 8.01,9.01 06/03/13 ANALOGIC CORP MA 2.02,9.01 06/04/13 ANN INC. DE 5.02,5.07,8.01,9.01 05/30/13 Annie's, Inc. DE 5.02 05/30/13 Ares Commercial Real Estate Corp MD 8.01,9.01 06/04/13 ARIAD PHARMACEUTICALS INC DE 8.01,9.01 06/01/13 ASSOCIATED ESTATES REALTY CORP OH 8.01,9.01 05/29/13 ASTEA INTERNATIONAL INC DE 1.01,2.03,9.01 05/29/13 AUTONATION, INC. DE 7.01,9.01 06/04/13 AVEO PHARMACEUTICALS INC DE 2.05,5.02, 05/29/13 5.07,8.01,9.01 B&G Foods, Inc. DE 1.01,2.03,8.01,9.01 06/04/13 BANCORPSOUTH INC MS 7.01,9.01 06/03/13 BANNER CORP WA 5.02,9.01 05/30/13 BANNER CORP WA 5.02,9.01 05/30/13 Bazaarvoice Inc DE 2.02,9.01 06/04/13 BEAM INC DE 1.01,2.03,8.01,9.01 06/03/13 BEAR STEARNS DEPOSITOR INC TRUST CERT 8.01 06/04/13 BIG LOTS INC OH 1.01,2.02, 05/30/13 2.03,5.02,5.07,9.01 BIOCRYST PHARMACEUTICALS INC DE 5.07 05/31/13 BLUE WATER VENTURES INTERNATIONAL INC NV 7.01,9.01 06/04/13 BMC SOFTWARE INC DE 7.01,8.01 06/03/13 Boardwalk Pipeline Partners, LP DE 1.01,9.01 05/30/13 BOSTON PRIVATE FINANCIAL HOLDINGS INC MA 8.01,9.01 06/04/13 BRIDGE BANCORP INC NY 8.01 06/04/13 BROWN SHOE CO INC NY 5.07,8.01 06/04/13 BUCKEYE PARTNERS, L.P. DE 7.01,9.01 06/04/13 Cal Dive International, Inc. DE 1.01,2.03,9.01 05/31/13 Campus Crest Communities, Inc. MD 8.01,9.01 06/03/13 CAPITAL PROPERTIES INC /RI/ RI 1.02 06/03/13 Carbonite Inc DE 5.07 06/03/13 Cardiovascular Systems Inc DE 8.01 05/30/13 Carey Watermark Investors Inc 1.01,2.01,9.01 05/29/13 CC Media Holdings Inc 1.01,2.03,8.01,9.01 05/31/13 CEMPRA, INC. DE 7.01,9.01 06/04/13 CHAMBERS STREET PROPERTIES MD 1.01,5.07, 05/31/13 7.01,8.01,9.01 CHAMPIONS ONCOLOGY, INC. DE 5.02,9.01 06/03/13 Chaparral Energy, Inc. DE 7.01 06/03/13 CHART INDUSTRIES INC DE 8.01 05/30/13 CHEMBIO DIAGNOSTICS, INC. NV 7.01 06/03/13 CHEVRON CORP DE 5.02,5.07 05/29/13 CHOICE HOTELS INTERNATIONAL INC /DE DE 7.01,9.01 06/04/13 Chrysler Group LLC DE 8.01,9.01 06/04/13 CIGNA CORP DE 7.01 06/04/13 CITIZENS HOLDING CO /MS/ MS 7.01,9.01 06/03/13 Clear Channel Capital I, LLC DE 1.01,2.03,8.01,9.01 05/31/13 CLEAR CHANNEL COMMUNICATIONS INC TX 1.01,2.03,8.01,9.01 05/31/13 COMMERCIAL METALS CO DE 8.01 06/04/13 Compressco Partners, L.P. DE 5.02,9.01 05/30/13 CONCUR TECHNOLOGIES INC DE 1.01,2.03, 05/29/13 3.02,8.01,9.01 CONNECTICUT WATER SERVICE INC / CT CT 1.01,2.03,9.01 06/04/13 CONSOLIDATED WATER CO LTD E6 5.07 05/29/13 Converted Organics Inc. DE 8.01,9.01 06/04/13 CORONADO BIOSCIENCES INC DE 8.01,9.01 06/04/13 CST Brands, Inc. DE 5.02,8.01,9.01 06/03/13 CUMULUS MEDIA INC DE 1.01 05/31/13 CYS Investments, Inc. MD 7.01,9.01 06/04/13 CYTOKINETICS INC 8.01 06/04/13 DEFENSE INDUSTRIES INTERNATIONAL INC 1.01,9.01 06/03/13 DELTA AIR LINES INC /DE/ DE 7.01,9.01 06/04/13 DEXCOM INC DE 5.07 05/30/13 DIAMOND HILL INVESTMENT GROUP INC OH 8.01 06/04/13 DIGITAL ALLY INC 5.07 05/30/13 Discovery Energy Corp. NY 1.01 05/29/13 DOLLAR GENERAL CORP TN 2.02,5.07,7.01,9.01 05/29/13 DreamWorks Animation SKG, Inc. 5.02,5.07 05/29/13 DSP GROUP INC /DE/ DE 8.01,9.01 06/04/13 DYNEX CAPITAL INC VA 7.01,9.01 06/04/13 Education Realty Trust, Inc. MD 7.01,9.01 06/04/13 EINSTEIN NOAH RESTAURANT GROUP INC DE 8.01,9.01 06/03/13 EMC CORP MA 8.01,9.01 06/03/13 Emerald Oil, Inc. MT 1.01,3.02,7.01,9.01 06/04/13 Emerge Energy Services LP DE 1.01,5.02,9.01 05/29/13 ENDO HEALTH SOLUTIONS INC. DE 5.02,9.01 05/29/13 ENDO HEALTH SOLUTIONS INC. DE 5.02,9.01 05/29/13 ENTERGY ARKANSAS INC AR 8.01,9.01 06/04/13 EQUITY LIFESTYLE PROPERTIES INC MD 8.01,9.01 06/03/13 EXA CORP MA 2.02,9.01 06/04/13 ExactTarget, Inc. DE 1.01,8.01 06/04/13 EXIDE TECHNOLOGIES DE 5.02 05/29/13 Federal Home Loan Bank of Atlanta X1 2.03 05/29/13 Federal Home Loan Bank of Chicago X1 2.03 05/29/13 Federal Home Loan Bank of Des Moines X1 2.03,9.01 05/31/13 Federal Home Loan Bank of Indianapoli X1 2.03,9.01 06/04/13 Federal Home Loan Bank of Indianapoli X1 5.02,9.01 06/04/13 Federal Home Loan Bank of New York X1 2.03,9.01 05/29/13 Federal Home Loan Bank of New York X1 8.01,9.01 06/04/13 Federal Home Loan Bank of Pittsburgh PA 2.03,9.01 05/29/13 Federal Home Loan Bank of San Francis X1 2.03 05/29/13 Federal Home Loan Bank of Seattle 2.03 05/29/13 Federal Home Loan Bank of Topeka 2.03,9.01 05/29/13 FEDERAL MOGUL CORP DE 5.02,9.01 05/29/13 FEEL GOLF CO INC CA 5.02 06/04/13 FERRO CORP OH 7.01,9.01 06/03/13 FIDELITY SOUTHERN CORP GA 8.01,9.01 06/04/13 FIRST COMMONWEALTH FINANCIAL CORP /PA PA 5.02,9.01 06/04/13 FIRST PACTRUST BANCORP INC MD 1.01,9.01 05/29/13 FIRST PACTRUST BANCORP INC MD 8.01,9.01 06/04/13 FIRST SOLAR, INC. DE 5.02 05/30/13 Flux Power Holdings, Inc. NV 5.02 05/27/13 FMC CORP DE 2.02,9.01 06/03/13 FOCUS GOLD Corp 3.03,5.02 05/31/13 FORCE ENERGY CORP. NV 1.01 06/04/13 FOREST CITY ENTERPRISES INC OH 2.02,9.01 06/04/13 FOREST CITY ENTERPRISES INC OH 2.02,9.01 06/04/13 FOREST CITY ENTERPRISES INC OH 7.01,9.01 06/04/13 Fortress Investment Group LLC DE 7.01 06/04/13 Full Circle Capital Corp MD 1.01,2.03,9.01 06/03/13 Fun World Media, Inc. DE 1.01,3.02, 05/28/13 5.02,5.03,5.07,8.01,9.01 FX ENERGY INC NV 7.01,9.01 06/04/13 GATEWAY ENERGY CORP/NE DE 5.02,9.01 06/04/13 GENERAC HOLDINGS INC. DE 1.01,2.03,8.01,9.01 05/31/13 GENERAL ELECTRIC CAPITAL CORP CT 8.01 06/04/13 GENESEE & WYOMING INC DE 8.01 05/30/13 GenMark Diagnostics, Inc. DE 5.02 05/31/13 GENTHERM Inc MI 5.02,9.01 06/04/13 GEO GROUP INC FL 5.02,9.01 05/29/13 GOLDFIELD CORP DE 5.02 05/30/13 GRAHAM CORP DE 5.02,9.01 05/30/13 GRAPHON CORP/DE DE 5.07 05/30/13 Gulf Coast Ultra Deep Royalty Trust 1.01,3.02,9.01 06/03/13 GULFMARK OFFSHORE INC DE 5.02,9.01 05/30/13 HANSEN MEDICAL INC DE 5.07 05/30/13 HAWAIIAN ELECTRIC INDUSTRIES INC HI 8.01 05/31/13 HD SUPPLY, INC. DE 1.01,9.01 05/30/13 HERITAGE OAKS BANCORP CA 5.02,9.01 05/31/13 HF FINANCIAL CORP DE 8.01 05/29/13 HIBBETT SPORTS INC 5.07,8.01,9.01 05/30/13 Hillenbrand, Inc. IN 7.01,9.01 06/04/13 Hillenbrand, Inc. IN 2.03,9.01 06/03/13 HINTO ENERGY, INC WY 4.01,9.01 06/03/13 HomeStreet, Inc. WA 5.07 05/30/13 HOOKER FURNITURE CORP VA 2.02,9.01 06/04/13 HORIZON PHARMA, INC. DE 1.02 06/01/13 Horsehead Holding Corp 1.01,2.03,9.01 06/03/13 HPEV, INC. NV 4.02 04/24/13 AMEND ICAD INC DE 5.07,9.01 05/31/13 IDACORP INC ID 7.01,8.01,9.01 06/04/13 IDENTIVE GROUP, INC. DE 5.02,5.07 06/04/13 IMAGE SENSING SYSTEMS INC MN 5.07,7.01 05/30/13 INFINITY PHARMACEUTICALS, INC. DE 8.01,9.01 06/02/13 INLAND REAL ESTATE CORP MD 7.01,9.01 06/03/13 InspireMD, Inc. DE 1.01,1.02 05/31/13 Integrity Applications, Inc. DE 8.01,9.01 06/04/13 INTERNATIONAL GAME TECHNOLOGY NV 7.01,9.01 06/04/13 INTL FCSTONE INC. DE 1.01,9.01 05/31/13 INVIVO THERAPEUTICS HOLDINGS CORP. NV 8.01 06/03/13 IRELAND INC. NV 8.01 05/30/13 Iron Eagle Group, Inc. DE 1.02,9.01 06/04/13 iSatori, Inc. DE 4.01,9.01 05/29/13 IZEA, Inc. NV 7.01,9.01 06/01/13 Jazz Pharmaceuticals plc L2 8.01 06/04/13 JPMORGAN CHASE & CO DE 7.01 06/04/13 KCAP Financial, Inc. DE 8.01,9.01 06/04/13 KERYX BIOPHARMACEUTICALS INC DE 5.02,8.01,9.01 05/29/13 KEWAUNEE SCIENTIFIC CORP /DE/ DE 5.02,5.03,9.01 05/29/13 Kodiak Oil & Gas Corp B0 1.01,8.01,9.01 06/02/13 LANNETT CO INC DE 5.02,9.01 06/03/13 LEXINGTON REALTY TRUST MD 8.01,9.01 06/03/13 Liberty Global, Inc. DE 5.07 06/03/13 Liberty Global, Inc. DE 8.01 06/04/13 LIFELOCK, INC. DE 7.01,9.01 06/04/13 LIGAND PHARMACEUTICALS INC DE 5.02,9.01 06/03/13 Lightwave Logic, Inc. NV 7.01,9.01 06/03/13 LONGWEI PETROLEUM INVESTMENT HOLDING CO 4.01,9.01 05/30/13 LOOKSMART LTD DE 3.01 05/29/13 Main Street Capital CORP MD 7.01 06/04/13 MAKO Surgical Corp. DE 5.02,5.07,8.01,9.01 05/31/13 MANNATECH INC TX 1.01,9.01 06/03/13 MASTERCARD INC DE 8.01 05/31/13 Mattersight Corp DE 1.01,2.03,9.01 05/30/13 MATTRESS FIRM HOLDING CORP. DE 2.02,5.07,9.01 05/30/13 MCMORAN EXPLORATION CO /DE/ DE 1.01,1.02,2.01, 06/03/13 2.04,3.03,5.01,5.03,8.01,9.01 MCMORAN EXPLORATION CO /DE/ DE 3.01,5.02,5.07 06/03/13 MEDICINES CO /DE DE 1.01,8.01,9.01 06/04/13 Mellanox Technologies, Ltd. L3 7.01,9.01 06/04/13 METALICO INC 5.07,9.01 06/04/13 METHES ENERGIES INTERNATIONAL LTD NV 4.01,9.01 06/01/13 MILLER ENERGY RESOURCES, INC. TN 7.01,8.01 05/23/13 MISSISSIPPI POWER CO MS 7.01 06/03/13 MITCHAM INDUSTRIES INC TX 2.02,9.01 06/04/13 ML Winton FuturesAccess LLC DE 3.02 05/30/13 MOLSON COORS BREWING CO DE 5.07 05/29/13 Molycorp, Inc. DE 5.02 05/29/13 MPM TECHNOLOGIES INC WA 5.02,9.01 05/29/13 MVP REIT, Inc. MD 8.01,9.01 06/04/13 NAPCO SECURITY TECHNOLOGIES, INC DE 4.01,9.01 06/03/13 NASDAQ OMX GROUP, INC. DE 8.01,9.01 06/04/13 NATIONAL FINANCIAL PARTNERS CORP 8.01,9.01 06/04/13 NATIONAL HEALTH INVESTORS INC MD 7.01,9.01 06/04/13 NCI BUILDING SYSTEMS INC DE 2.02,9.01 06/04/13 Neiman Marcus, Inc. DE 2.02,9.01 06/04/13 NEXTERA ENERGY INC FL 7.01 06/04/13 NOVAVAX INC DE 8.01,9.01 06/04/13 Och-Ziff Capital Management Group LLC DE 7.01 06/04/13 OLD DOMINION FREIGHT LINE INC/VA VA 5.07 05/31/13 ONEOK INC /NEW/ OK 7.01,9.01 06/04/13 ONEOK Partners LP DE 7.01,9.01 06/04/13 OPTI INC CA 8.01,9.01 06/04/13 OptimumBank Holdings, Inc. FL 3.03,9.01 06/03/13 AMEND PACWEST BANCORP DE 2.01,5.02,8.01,9.01 05/31/13 PALL CORP NY 2.02,9.01 05/30/13 PAR TECHNOLOGY CORP DE 5.07 05/30/13 PARKS AMERICA, INC NV 5.02 05/31/13 PENNS WOODS BANCORP INC PA 2.01,5.02,5.07,9.01 05/29/13 PENNYMAC FINANCIAL SERVICES, INC. DE 7.01,9.01 06/04/13 PennyMac Mortgage Investment Trust MD 7.01,9.01 06/04/13 PERFORMANCE TECHNOLOGIES INC \DE\ DE 8.01 06/03/13 Piedmont Office Realty Trust, Inc. MD 8.01,9.01 06/04/13 Piedmont Office Realty Trust, Inc. MD 8.01,9.01 06/04/13 PINNACLE WEST CAPITAL CORP AZ 7.01,9.01 06/04/13 PLURISTEM THERAPEUTICS INC NV 8.01 06/04/13 Polar Petroleum Corp. 1.01,2.03,7.01,9.01 05/31/13 POLYONE CORP 2.01,9.01 05/30/13 POPULAR INC 8.01 05/31/13 PRESIDENTIAL REALTY CORP/DE/ DE 4.01,9.01 06/01/13 PRICELINE COM INC DE 1.01,2.03,3.02,9.01 05/29/13 PROGENICS PHARMACEUTICALS INC DE 8.01,9.01 06/04/13 Prologis, Inc. MD 8.01,9.01 06/03/13 PROLOR Biotech, Inc. NV 8.01,9.01 06/04/13 PRUCO LIFE INSURANCE CO AZ 8.01 06/03/13 PRUCO LIFE INSURANCE OF NEW JERSEY NJ 8.01 06/03/13 PRUDENTIAL ANNUITIES LIFE ASSURANCE C CT 8.01 04/03/13 PRUDENTIAL FINANCIAL INC NJ 8.01 06/03/13 QCR HOLDINGS INC DE 8.01,9.01 06/04/13 QLOGIC CORP DE 2.05,9.01 06/03/13 QUICKSILVER RESOURCES INC DE 7.01,8.01,9.01 06/03/13 Rackwise, Inc. NV 5.02,8.01 05/29/13 RANGE RESOURCES CORP DE 1.01 05/31/13 RAYTHEON CO/ DE 5.07 05/30/13 RAYTHEON CO/ DE 5.02 03/20/13 AMEND REAL ESTATE ASSOCIATES LTD III CA 8.01 05/31/13 RED TRAIL ENERGY, LLC ND 8.01,9.01 06/03/13 Regency Energy Partners LP DE 7.01,9.01 06/04/13 Reis, Inc. MD 5.02,5.07,8.01,9.01 06/03/13 RIGEL PHARMACEUTICALS INC DE 8.01,9.01 06/04/13 ROGERS CORP MA 5.02 06/01/13 Ryman Hospitality Properties, Inc. DE 7.01,9.01 06/04/13 SABA SOFTWARE INC DE 1.01,2.03,3.01,9.01 05/31/13 SALESFORCE COM INC DE 1.01,8.01,9.01 06/03/13 Sears Hometown & Outlet Stores, Inc. DE 8.01,9.01 06/03/13 Select Notes Trust LT 2004-1 DE 8.01,9.01 06/03/13 SELECTICA INC DE 9.01 05/31/13 AMEND SHFL entertainment Inc. MN 2.02,9.01 06/04/13 Shire plc 8.01,9.01 06/04/13 SimplePons, Inc. DE 1.01,9.01 02/08/13 AMEND SIMULATIONS PLUS INC 8.01,9.01 06/03/13 SMITHFIELD FOODS INC VA 5.02,8.01,9.01 05/28/13 SMTC CORP DE 3.01 05/30/13 SPEEDWAY MOTORSPORTS INC DE 2.03,8.01 06/03/13 SQN AIF IV, L.P. 4.01,9.01 06/01/13 SQN Alternative Investment Fund III, DE 4.01,9.01 06/01/13 Stalar 1, Inc. DE 4.01,9.01 06/01/13 Stalar 2, Inc. DE 4.01,9.01 06/01/13 STAPLES INC DE 1.01,1.02,2.03,9.01 05/31/13 STARWOOD HOTEL & RESORTS WORLDWIDE, I MD 5.07 05/30/13 STEMCELLS INC DE 8.01,9.01 06/03/13 STRUCTURED PRODUCTS CORP TIERS CORP B DE 8.01,9.01 06/03/13 STRUCTURED PRODUCTS CORP TIERS R INFL DE 8.01,9.01 06/03/13 SUN COMMUNITIES INC MD 7.01,9.01 06/04/13 T-Mobile US, Inc. DE 5.02,5.07,9.01 06/04/13 T-Mobile US, Inc. DE 2.01,9.01 05/01/13 AMEND TAYLOR CAPITAL GROUP INC DE 8.01,9.01 06/04/13 TAYLOR CAPITAL GROUP INC DE 5.03,5.07,9.01 05/30/13 TEJON RANCH CO DE 1.01,9.01 05/31/13 TETRA TECHNOLOGIES INC DE 5.02,9.01 05/30/13 TherapeuticsMD, Inc. NV 7.01,9.01 06/03/13 THERAVANCE INC DE 8.01,9.01 06/04/13 THERMO FISHER SCIENTIFIC INC. DE 1.01,2.03,9.01 05/31/13 TIDEWATER INC DE 8.01 06/04/13 Titan Machinery Inc. DE 5.07 05/30/13 Transcept Pharmaceuticals Inc DE 5.07 06/04/13 Travelport LTD D0 7.01 06/04/13 TRULIA, INC. DE 5.02 05/29/13 Two Harbors Investment Corp. 7.01,9.01 05/28/13 UDR, Inc. MD 7.01,9.01 06/04/13 UMPQUA HOLDINGS CORP OR 8.01 06/03/13 Uni-Pixel DE 8.01,9.01 06/04/13 UNIVERSITY GENERAL HEALTH SYSTEM, INC NV 4.01,9.01 05/31/13 UNWIRED PLANET, INC. DE 5.02,5.03,9.01 05/31/13 VALIDUS HOLDINGS LTD 5.02,9.01 05/31/13 Vanguard Natural Resources, LLC DE 1.01,9.01 05/30/13 VIATECH CORP. NV 5.01,5.02,5.07 05/31/13 VIRGIN MEDIA INC. DE 5.07 06/04/13 VISUALANT INC NV 1.01 05/31/13 WELLS MID-HORIZON VALUE-ADDED FUND I 1.01 05/29/13 WESBANCO INC WV 7.01,9.01 06/04/13 WEST PHARMACEUTICAL SERVICES INC PA 7.01,9.01 06/04/13 Western Asset Mortgage Capital Corp DE 7.01,9.01 06/04/13 WISCONSIN ENERGY CORP WI 7.01,9.01 06/04/13 WORLD FUEL SERVICES CORP FL 5.02,5.07,9.01 05/31/13 Xumanii, Inc. NV 1.01,2.03,5.02,9.01 05/30/13 ZAIS Financial Corp. MD 1.01,2.03,9.01 05/30/13 Zalicus Inc. DE 8.01,9.01 06/04/13 ZILLOW INC WA 5.02,5.07,9.01 05/31/13 ZOGENIX, INC. DE 2.05 05/29/13 ZYNGA INC DE 2.02,2.05,9.01 06/03/13