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U.S. Securities and Exchange Commission

                           SEC NEWS DIGEST

Issue 2007-142 						 July 25, 2007



The Commission today voted unanimously in  favor  of  a  new  auditing
standard and other measures to  increase  the  accuracy  of  financial
reports while  reducing  unnecessary  costs,  especially  for  smaller
public companies.

The Commission expects the new auditing standard, in combination  with
the Commission's new management guidance, will make Section 404 audits
and management evaluations more risk-based  and  scalable  to  company
size and complexity.

"In approving Auditing Standard No. 5, the Commission has strengthened
investor protection by refocusing resources on what truly  matters  to
the integrity  of  financial  statements.  This  is  an  exceptionally
positive step for both investors and for America's  capital  markets,"
said SEC Chairman Christopher Cox. "This standard and the Commission's
interpretive guidance for management represent the culmination of  two
years' work by the Commission and the PCAOB and our respective  staffs
to  make  the  implementation  of  Section  404  more  effective   and
efficient. I want to thank everyone involved for their  hard  work  in
responding to and  addressing  the  concerns  created  by  the  unduly
expensive and inefficient Auditing Standard No. 2."

The Commission unanimously  approved  the  Public  Company  Accounting
Oversight Board's (PCAOB) proposed Auditing Standard No. 5,  An  Audit
of Internal Control Over Financial Reporting That is  Integrated  With
An Audit of Financial Statements (Auditing Standard No. 5), a  related
independence rule, and conforming amendments (File No. PCAOB-2007-02).
The Commission also adopted a  definition  of  the  term  "significant

Auditing Standard No. 5 will replace PCAOB Auditing Standard No. 2, An
Audit of  Internal  Control  Over  Financial  Reporting  Performed  in
Conjunction with an Audit of Financial Statements  (Auditing  Standard
No. 2).  It  provides  the  new  professional  standards  and  related
performance guidance for independent auditors to attest to, and report
on, management's assessment of the effectiveness of  internal  control
over financial reporting under Section 404(b)  of  the  Sarbanes-Oxley
Act of 2002.

Examples of some of the  improvements  that  have  been  made  by  the
PCAOB's new auditing standard that will replace Auditing Standard  No.
2 include:

1. Auditing Standard No. 5 is less prescriptive.

The  mandatory  requirements  (i.e.,  the  "shoulds")  that  exist  in
Auditing Standard No. 2 have been significantly  reduced  in  Auditing
Standard No. 5. That means the auditor can focus on  performing  tests
in those  areas  where,  in  the  auditor's  judgment,  it's  actually

Management and audit committees now can engage in  a  more  meaningful
dialogue with their auditors to ensure that auditors  are  focused  on
what matters - risk and materiality - and not on rote compliance  with
a rulebook.

Auditing Standard No. 5 is less  than  half  the  length  of  Auditing
Standard No. 2 and is easier to read.

2. Auditing Standard No. 5 makes the audit scalable - so it can change
to fit the size and complexity of any company.

There are notes throughout the new standard explaining  how  to  apply
the principles to smaller or less complex  companies.  Under  the  new
standard, companies' control systems won't have to be designed to  fit
the audit standard, but rather to achieve the  intended  objective  of
improving the quality of financial statements.

For example, the standard explains that for audits of smaller and less
complex companies, the auditor can appropriately reduce the amount  of
internal  control  testing.  The  auditor  can  consider   alternative
controls - for example, if management's ability to segregate duties is
limited; and the auditor can also use  inquiry,  combined  with  other
procedures such as observation or reperformance -  for  example,  when
the operation of controls by  management  results  in  limited  or  no
documentation trail.

3. Auditing Standard No. 5 directs auditors to focus on  what  matters
most - and eliminates unnecessary procedures from the audit.

It directs auditors to those areas that present the highest risk, such
as the financial statement close  process  and  controls  designed  to
prevent fraud by management. It emphasizes that  the  auditor  is  not
required to scope the audit to find deficiencies that don't constitute
material  weaknesses.  It  also  allows  auditors  to  use   knowledge
accumulated in previous years' audits to reduce testing.

Auditing Standard No. 2 included detailed requirements for the auditor
to  evaluate  management's  evaluation  process.  The   new   standard
clarifies that management's process is not the  focus  of  the  audit.
Rather, the audit is focused  on  the  effectiveness  of  a  company's
internal control over  financial  reporting.  As  a  result,  it  will
eliminate  auditors  requiring  companies  to  do  work   that   isn't

4. Finally,  Auditing  Standard  No.  5  includes  a  principles-based
approach to determining when and to what extent the  auditor  can  use
the work of others.

A principles-based approach  allows  auditors  to  apply  professional
judgment in determining the extent to which they'll use  the  work  of
others. The new standard itself expressly permits auditors to use,  in
the internal control audit, testing and other  internal  control  work
performed by persons other than internal  auditors.  This  principles-
based approach is in fact based on the auditor's consideration of  the
objectivity and competence of those performing  the  work.  These  two
factors  are  the  most  important  considerations  in  the  auditor's
determination of when and to what extent the auditor can use the  work
of others.

"By providing interpretive guidance to companies and by  working  with
the  PCAOB  on  the  development  of  Auditing  Standard  No.  5,  the
Commission  has  replaced  the  current  inefficient  system  of   404
implementation with an approach that allows for tailoring and  scaling
of  evaluations  and  audits  according  to  the  relevant  facts  and
circumstances. Still, Auditing Standard No. 5 provides  for  effective
and meaningful internal control  evaluations  and  audits  to  protect
investors," said SEC Chief Accountant, Conrad Hewitt. "We  expect  the
implementation  to  remove  unnecessary,  expensive  and   inefficient
procedures that don't make good use of investors' money  and  distract
attention from what's important. Auditing Standard No. 5  should  help
to bring cost in line with benefits for investors."

"The Commission's approval of Auditing Standard No. 5  represents  the
last major step in the roadmap the Commission laid  out  just  over  a
year ago for improving the rules and guidance implementing Section 404
for public companies of all sizes," said John White, Director  of  the
SEC's Division of Corporation Finance. "The  cooperative  efforts  and
hard work of the Commission, the PCAOB, and their staffs have provided
investors  and  our  capital   markets   the   improvements   to   the
implementation of Section 404 that they deserve. We can now  turn  our
attention to ensuring a successful  implementation  and  the  excepted
reductions in costs."

The Commission also approved PCAOB Rule 3525, which further implements
Section 202  of  the  Act's  pre-approval  requirements  by  requiring
auditors to take certain steps as part of seeking audit committee pre-
approval of internal control related non-audit services. Finally,  the
conforming amendments approved by the Commission, update  the  PCAOB's
other auditing standards.

Auditing  Standard  No.  5,  PCAOB  Rule  3525,  and  the   Conforming
Amendments will  be  effective  and  required  for  integrated  audits
conducted for fiscal years ending on or after Nov. 15, 2007.  However,
earlier adoption is permitted and encouraged. The Commission's  recent
amendments to Regulation S-X become effective on Aug. 27, 2007 and the
Commission will  begin  accepting  the  single  auditor's  attestation
report  on  the  effectiveness  of  internal  control  over  financial
reporting prescribed in Auditing Standard  No.  5  in  timely  filings
received starting on that date.

The Commission also adopted a definition of significant deficiency  to
define this term as a deficiency, or a combination of deficiencies, in
internal control over financial reporting that is less severe  than  a
material weakness, yet important enough to merit  attention  by  those
responsible for oversight of  the  registrant's  financial  reporting.
This definition is used in the  context  of  evaluating  the  required
communications under both Sections 302 and 404 of SOX  and  the  SEC's
implementing rules.

The Commission is also taking this opportunity to  express  again  its
appreciation to its Advisory Committee on  Smaller  Public  Companies,
the Public Company Accounting Oversight Board,  and  the  hundreds  of
investors, companies,  auditors,  and  others  who  responded  to  the
Commission's and  PCAOB's  various  requests  for  comments  regarding
audits of internal control over financial reporting.  Our  efforts  in
improving Section 404 implementation were considerably  aided  by  the
helpful insights and suggestions provided. (Press Rel. 2007-144)


The Commission today voted unanimously to publish  a  Concept  Release
for public comment on  allowing  U.S.  issuers,  including  investment
companies, to prepare their financial statements  using  International
Financial Reporting Standards (IFRS) as published by the International
Accounting Standards Board.

Under the SEC's current rules, U.S. issuers are  required  to  prepare
financial statements in accordance with accounting principles that are
generally accepted in the  United  States  (U.S.  GAAP).  The  Concept
Release is an information-seeking document that describes  the  policy
issues and, in the form of questions, seeks public input regarding the
possibility of allowing U.S. issuers to report under IFRS.

"Having a set of globally accepted accounting standards is critical to
the rapidly accelerating global integration  of  the  world's  capital
markets,"  said  SEC  Chairman  Christopher  Cox.  "Today  nearly  100
countries  require  or  allow  the  use  of  International   Financial
Reporting  Standards.  Through  this  Concept  Release,  we  will   be
soliciting public comment  on  the  role  of  International  Financial
Accounting Standards in the U.S. capital markets and on  whether  U.S.
companies, like many of their competitors around the world, should  be
permitted to use International Financial Accounting Standards."

Conrad Hewitt,  SEC  Chief  Accountant,  said,  "I  think  it  is  the
appropriate  time  for  the  Commission  to  ask  investors,  issuers,
auditors and other market participants to provide their views  on  the
concept of U.S.  issuers  using  IFRS  in  preparing  their  financial
statements. We have gotten to this point by virtue of the work of both
the Commission and  many  other  parties  over  the  years  to  reduce
disparity within the accounting and disclosure practices of  the  U.S.
and other countries, work that will continue."

John W. White, Director of the Commission's  Division  of  Corporation
Finance, said, "Last month, the Commission proposed to  eliminate  the
requirement that foreign private issuers using  IFRS  reconcile  their
financial statements to U.S. GAAP. Today, the Commission  addressed  a
more far-reaching prospect - the possible choice by  U.S.  issuers  to
use IFRS instead of U.S. GAAP in their financial reporting. As  nearly
100 countries require or  allow  the  use  of  IFRS,  investors,  U.S.
issuers, and other market participants must all carefully consider the
ramifications of this prospect and we welcome their comments."

The comment period extends for 90 days after the  Concept  Release  is
published in the Federal Register. (Press Rel. 2007-145)



ConAgra Agrees to Pay $45 Million Penalty to Settle Charges

The Commission has filed civil charges against ConAgra Foods, Inc.,  a
diversified  international  food  company  headquartered   in   Omaha,
Nebraska, alleging  that  it  engaged  in  improper,  and  in  certain
instances fraudulent, accounting practices  during  its  fiscal  years
1999 through 2001.  The  fraudulent  practices  alleged  involved  the
misuse of corporate reserves to manipulate reported earnings in fiscal
year 1999 and a scheme at its former subsidiary, United  Agri-Products
(UAP), in  2000  that  involved,  among  other  things,  improper  and
premature revenue recognition.  Additionally,  the  complaint  alleges
that between fiscal years  2002  and  2005,  ConAgra's  corporate  tax
department made numerous tax errors, causing the company to improperly
account for tax  benefits  and  understate  its  income  tax  expense.
Between the first quarter of fiscal year 1999 and the third quarter of
fiscal year 2001 ConAgra misstated its reported income  before  income
taxes by nearly $218.5 million. As a result of the income tax  errors,
ConAgra misstated its reported income tax expense by $105 million.

The complaint alleges varied misconduct that includes the following:

Misuse of Reserves

     During the first and second quarters of fiscal year 1999, ConAgra
     improperly used tens of millions of  dollars  of  certain  excess
     reserves to offset, dollar-for-dollar,  unrelated,  unplanned-for
     and unreserved-for losses. Separately, but at the  same  time  as
     the  second  quarter  of  fiscal  year  1999  reduction,  ConAgra
     improperly transferred  over  $93  million  of  remaining  excess
     reserves into two newly created "general" reserve accounts, using
     approximately $60 million of these transferred reserves to  cover
     unrelated, unplanned-for and unreserved-for exposures related  to
     legal and environmental matters. Additionally, from at  least  as
     early  as  the  first  quarter  of  fiscal  year  1999,   ConAgra
     fraudulently used an Estimated Liabilities reserve account  as  a
     "cookie jar" reserve, using it  to  offset  millions  in  current
     period operating expenses. These reductions of excess reserves in
     1999 caused ConAgra to overstate its annual  reported  income  by
     15% and its earnings per share by over 10 cents per share.

     ConAgra maintained excess reserves on its books  in  fiscal  year
     2000.  On  several  occasions  in  that  year,   ConAgra   offset
     unplanned-for and unreserved-for losses with a  dollar-for-dollar
     reduction to excess reserves in certain  of  its  excess  reserve

     In fiscal year 2001, ConAgra made a reduction of $35  million  to
     its excess legal  and  environmental  reserves.  At  least  $23.8
     million of the $35 million was improperly taken to income for the
     third quarter of 2001; rather it should have been reported  as  a
     prior period adjustment as the $23.8  million  should  have  been
     reduced by no later than the end of fiscal year 2000.

Fraudulent Scheme at UAP

     In fiscal year 2000, former senior executives at UAP participated
     in a scheme to overstate UAP's operating results through the  use
     of  improper  accounting   practices   including   the   improper
     recognition  of  revenue  from  deferred   delivery   sales   and
     associated rebates from its suppliers, the failure to record  bad
     debt expenses when realized  and  the  premature  recognition  of
     revenue from advance vendor rebates.

     Forensic accountants retained by special  counsel  to  the  Audit
     Committee of ConAgra tested a sample valued at over $247  million
     of UAP's deferred delivery sales originally recorded from  fiscal
     year 1998 through the second quarter  of  fiscal  year  2001  and
     determined that approximately 40% of the transactions tested were

     The UAP misconduct caused ConAgra to overstate  its  agricultural
     products segment's operating  profit  by  approximately  35%  and
     ConAgra's reported income before income taxes by 7.85% in  fiscal
     year 2000.

Misleading Disclosure

     ConAgra's disclosure in its Form 10-Q for the  third  quarter  of
     fiscal year 2001 was misleading as it failed to disclose that  at
     least $23.8 million  of  the  $35  million  reduction  of  excess
     reserves was in excess in prior periods.

     Income Tax Errors

     At the end of  fiscal  year  1999  ConAgra  took  an  unsupported
     reduction of $4,658,064 to its income tax expense.  Without  this
     reduction, ConAgra would have missed the  Wall  Street  analysts'
     consensus estimate.

     ConAgra improperly understated its income tax expense for  fiscal
     year 2004 by a  total  of  $84.9  million  after  it  incorrectly
     calculated the  stock  basis  following  its  sale  of  beef/pork
     subsidiaries and determined that it resulted in  a  capital  loss
     for tax purposes.

     ConAgra also used  an  incorrect  methodology  to  calculate  its
     overall  foreign  loss  in  fiscal  year  2003  and  before,  and
     accordingly, ConAgra's tax liability was incorrectly  calculated.
     ConAgra failed to consider appropriate tax strategies  in  fiscal
     year 2003 when ConAgra was able to utilize foreign  tax  credits.
     As a result, ConAgra failed to  record  sufficient  tax  benefits
     related  it  its  foreign  tax  credits  and  therefore,   either
     understated or overstated its net income after  income  taxes  in
     fiscal years 2003, 2004, and 2005.

The complaint alleges that, without engaging in the  improper  and  at
times fraudulent accounting practices, ConAgra would have  missed  the
Wall Street analysts' consensus estimates of  the  company's  earnings
per share for at least six of eleven fiscal quarters in  fiscal  years
1999, 2000 and 2001. As a  result  of  the  conduct  described  above,
ConAgra materially misstated its  financial  performance  in  earnings
releases and in periodic reports  filed  with  the  Commission.  Other
financial  misstatements  of  ConAgra  during  this  time  include   a
registration statement filed with the Commission. ConAgra has restated
its financial results for the years 1999 through 2005.

To settle the charges,  ConAgra  has  agreed  to  pay  a  $45  million
penalty, which the SEC will  seek  to  place  into  a  Fair  Fund  for
distribution to harmed investors. Without  admitting  or  denying  the
allegations  in  the  complaint,  ConAgra  agreed  to  be  permanently
enjoined from violating the antifraud, reporting,  books  and  records
and internal  controls  provisions  of  the  federal  securities  laws
(Sections 10(b), 13(a), 13(b(2)(A) and 13(b)(2)(B) of the Exchange Act
and  Rules  10-b-5,  12b-20,  13a-1  and  13a-13).  ConAgra  also  has
consented to a review by an independent consultant of its policies and
procedures and financial  and  accounting  compliance  functions  with
respect to certain reserve accounts.  The  settlement  is  subject  to
court approval.

Earlier this year, the Commission  brought  settled  civil  injunctive
actions and settled  administrative  proceedings  against  six  former
ConAgra executives, including two former  corporate  controllers,  its
former chief financial offer, its former vice president of  operations
and control, and against two senior executives at UAP.  Litigation  is
currently pending against a third UAP senior executive. See Litigation
Release Nos. 19969 (Jan. 17, 2007) and 20176 (June 29, 2007). [SEC  v.
ConAgra Foods, Inc., 07cv01557-MSK-MEH] (LR-20206;  Press  Rel.  2007-


Commission Also Settles Claims Against KLA-Tencor

The  Commission   today   filed   charges   against   Silicon   Valley
semiconductor company KLA-Tencor  Corporation  (KLA)  and  its  former
Chief Executive Officer, Kenneth  L.  Schroeder,  alleging  that  they
engaged in an illicit scheme to backdate stock option grants.

The Commission alleges that, since 1997, KLA concealed more than  $200
million in  stock  option  compensation  by  providing  employees  and
executives with potentially  lucrative  "in-the-money"  options  while
secretly backdating the grants to  avoid  reporting  the  expenses  to
investors. The Commission further alleges that Schroeder, of Los Altos
Hills, Calif., repeatedly backdated options between 1999 and 2002, and
once in 2005 - even after he received advice from company counsel that
retroactively selecting grant dates without  adequate  disclosure  was

The Commission's complaint against  KLA,  filed  in  federal  district
court in San Jose, Calif.,  alleges  that  former  company  executives
routinely used hindsight to issue options to employees  priced  at  or
near KLA's lowest stock price of the preceding weeks. Although pricing
the options below current prices required  the  company  to  report  a
compensation charge under well-settled accounting  principles,  former
KLA officials avoided reporting the  charges  by  falsely  documenting
that the options had been granted on an earlier  date.  The  backdated
grants resulted in materially misleading disclosures, with the Company
overstating its net income in fiscal years 1998  through  2005  by  as
much as 156 percent.

In a  separate  complaint  filed  against  Schroeder,  the  Commission
charges that he repeatedly engaged in backdating after becoming CEO in
1999, including pricing large awards of options to himself  that  were
"in the money" by millions of dollars -  a  potential  windfall  never
disclosed to KLA-Tencor's shareholders. According  to  the  complaint,
Schroeder received a legal memorandum in March  2001  cautioning  that
"the Board and its committees are limited in their  ability  to  grant
options at a retroactive price without exposing the company to risk of
an accounting charge." The memo further warned that "[a]ny attempt  to
set a price before such a grant is made raises substantial risks under
securities and tax laws [and]  accounting  rules  and  gives  rise  to
disclosure  obligations."  The  Commission  alleges   that   Schroeder
nonetheless continued to backdate options.

KLA-Tencor, without  admitting  or  denying  the  allegations  in  the
Commission's complaint, agreed to settle the matter by consenting to a
permanent  injunction  from  further  violations  of  Sections  13(a),
13(b)(2)(A) and 13(b)(2)(B) of the Securities Exchange Act of 1934 and
Rules 12b-20, 13a-1, 13a-11 and 13a-13 thereunder.

Schroeder is charged with violating Section 17(a)  of  the  Securities
Act of 1933 and Sections 10(b), 13(b)(5), and 16(a) of the  Securities
Exchange Act of 1934 and Rules 10b-5, 13a-14, 13b2-1, 13b2-2, and 16a-
3 thereunder, and  Schroeder  is  charged  with  aiding  and  abetting
violations of Sections 10(b),  13(a),  13(b)(2)(A),  13(b)(2)(B),  and
14(a) of the Securities Exchange Act of 1934 and Rules 10b-5,  12b-20,
13a-1, 13a-11, 13a-13, and 14a-9 thereunder. The Commission is seeking
injunctive relief, disgorgement  of  ill-gotten  gains,  and  monetary
penalties against Schroeder, in addition to an order barring him  from
serving as an officer or director of a public  company.  In  addition,
the complaint seeks reimbursement of bonuses and  profits  from  stock
sales pursuant to Section 304  of  the  Sarbanes-Oxley  Act.  [SEC  v.
Kenneth L. Schroeder, Case No. C07 3798 JW, N.D.  Cal.;  SEC  v.  KLA-
Tencor Corp., Case No. C07 3799 HRL, N.D. Cal.] (LR-20207)


The Commission announced today that the Honorable  Gerald  Bruce  Lee,
U.S. District Judge for the Eastern District of Virginia, has  entered
Final Judgments as to Defendants International Fiduciary  Corporation,
S.A. (IFC), and its  chairman  and  CEO,  Preston  David  Pinkett,  II
(Pinkett), restraining and enjoining them from  future  violations  of
Sections 5 and 17(a) of the Securities Act of 1933, and Section  10(b)
of the  Securities  Exchange  Act  and  Rule  10b-5  thereunder.  (The
judgment against IFC was entered on July 20, 2007,  and  the  judgment
against Pinkett  was  entered  on  July  3,  2007.)  Pinkett  and  IFC
consented to the entry of the judgments without admitting  or  denying
any of the allegations of the Commission's  First  Amended  Complaint.
The Court ordered  disgorgement  against  Pinkett  in  the  amount  of
$5,101,000, plus prejudgment interest of $153,061.  Pinkett  was  also
ordered to pay a civil penalty of $100,000. With respect to  IFC,  the
Court ordered disgorgement against it in the amount of  $24,037,362.95
plus prejudgment interest of $971,109.46. The Court, however, did  not
impose a payment obligation on IFC based  on  the  fact  that  Roy  M.
Terry, Jr., the Court-Appointed Receiver for IFC, will instead prepare
a plan (subject to the SEC's consent) to distribute all those funds  -
and all other funds paid by Defendants and Relief Defendants  in  this
case - to investor victims in the United States, Canada, and any other

The Commission filed its complaint against  Byer,  Stevenson  and  two
other defendants-Preston David Pinkett II and International  Fiduciary
Corp., S.A.-on Dec. 4, 2006, alleging that  they  defrauded  investors
through a fraudulent  "asset  growth  program"  purportedly  involving
risk-free participation in the trading of "1st tier  medium-term  bank
notes." On that same date, the Court issued an order that, among other
things, temporarily restrained IFC, Pinkett, Byer, and Stevenson  from
violating the antifraud provisions of the federal securities laws, and
freezing investor  funds  wherever  located  and  all  assets  of  the
defendants.  On  Dec.  11,  2006,  the  Court  entered  a  preliminary
injunction which extended the temporary restraining  order  and  asset
freeze. On Jan. 19,  2007,  on  the  Commission's  motion,  the  Court
appointed Roy M. Terry, Jr., Esq. as Receiver over IFC. On  April  19,
2007, the Commission filed an amended complaint  that  alleged,  among
other things, that the defendants raised at least $40 million from  at
least 140 investors, and added two  individuals  and  four  Washington
State-based companies as relief defendants.  On  June  19,  2007,  the
Court entered default judgments against Byer and Stevenson.

The Commission wishes to acknowledge the continuing assistance of  the
British Columbia Securities Commission. For further  information,  see
Litigation Release Nos. 19934 (Dec. 5, 2006); 19976 (Jan.  23,  2007);
20087  (April  24,  2007),  and  20158  (June  20,  2007).   [SEC   v.
International Fiduciary Corp., S.A., et al., U.S. District  Court  for
Eastern District of Virginia (Civil Action No. 1:06CV1354)] (LR-20208)



Orders have been issued under Section 8(f) of the  Investment  Company
Act declaring  that  each  of  the  following  has  ceased  to  be  an
investment company:

     Boyle Fund [File No. 811-8501]
     [Rel No. IC-27892]
     GAM Avalon Multi-Strategy (TEI), LLC [File No. 811-21026]
     [Rel No. IC-27893]
     GAM Institutional Multi-Strategy, LLC [File No. 811-21027]
     [Rel No. IC-27894]
     GAM Multi-Strategy Investments, LLC [File No. 811-21736]
     [Rel No. IC-27895]
     Evergreen Income & Growth Fund [File No. 811-2829]
     [Rel No. IC-27896]
     Evergreen Growth & Income Fund [File No. 811-4715]
     [Rel No. IC-27897]
     TIAA-CREF Mutual Funds [File No. 811-8055]
     [Rel No. IC-27898]
     GAM Avalon Lancelot, LLC [File No. 811-10245]
     [Rel No. IC-27899]
     The Primary Income Funds, Inc. [File No. 811-5831]
     [Rel No. IC-27900]
     BlackRock Global Value Fund, Inc. [File No. 811-7561]
     [Rel No. IC-27901]
     Curan Fund, LLC [File No. 811-21091]
     [Rel No. IC-27902]
     Morgan Stanley Total Return Trust [File No. 811-8600]
     [Rel No. IC-27903]
     The Catholic Funds, Inc. [File No. 811-9177]
     [Rel No. IC-27904]
     Morgan Stanley Institutional Fund of Hedge Funds II LP [File  No.
     [Rel No. IC-27905]
     Pioneer Emerging Growth Fund [File No. 811-21105]
     [Rel No. IC-27906]
     MBIA Capital First Trust Relative Value Municipal Fund [File  No.
     [Rel No. IC-27907]
     First Trust/Pequot Energy Income Fund [File No. 811-21688]
     [Rel No. IC-27908]



A proposed rule change filed by NYSE  Arca  to  extend  the  Quarterly
Options  Series  pilot  program   (SR-NYSEArca-2007-70)   has   become
immediately 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 23. (Rel. 34-56119)

The Commission  issued  a  notice  of  immediate  effectiveness  of  a
proposed rule change (SR-NASDAQ-2007-060) and Amendment No. 1  thereto
filed by The NASDAQ Stock Market to extend  Nasdaq's  authority  under
its cease and desist pilot program. Publication  is  expected  in  the
Federal Register during the week of July 23. (Rel. 34-56120)


The Commission approved  a  proposed  rule  change  submitted  by  the
Philadelphia  Stock   Exchange   (SR-Phlx-2007-16)   regarding   rules
pertaining to  training  requirements  and  Floor  Procedure  Advices.
Publication is expected in the Federal Register  during  the  week  of
July 23. (Rel. 34-56121)


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 obtained in person or by writing to the
Commission's  Public  Reference  Branch  at  100   F   Street,   N.E.,
Washington, D.C. 20549-1090 or at the following  e-mail  box  address:

.  In  most  cases,  this  information   is   also
available on the Commission's website: .

        NV, 89103, 7022481027 - 3,510,000 ($175,500.00) Equity, 
        (File 333-144793 - Jul. 24) (BR. 09)

S-3     RCN CORP /DE/, 196 VAN BUREN STREET, HERNDON, VA, 20170, 7034348200 - 
        0 ($134,065,588.00) Equity, (File 333-144794 - Jul. 24) (BR. 11B)

        604-327-9446 - 335,510 ($134,204.00) Equity, (File 333-144795 - 
        Jul. 24) (BR. 11A)

S-3ASR  TEREX CORP, 200 NYALA FARM ROAD, WESTPORT, CT, 06880, 2032227170 - 
        0 ($0.00) Unallocated (Universal) Shelf, (File 333-144796 - Jul. 24) 
        (BR. 10C)

        9097835000 - 0 ($285,000,000.00) Non-Convertible Debt, 
        (File 333-144797 - Jul. 24) (BR. 02B)

        972-9-9526100 - 139,000 ($1,886,230.00) Equity, (File 333-144798 - 
        Jul. 24) (BR. 03C)

S-1     Global Consumer Acquisition Corp., 
        1370 AVENUE OF THE AMERICAS, 28TH FLOOR, NEW YORK, NY, 10019, 
        212.445.7800 - 0 ($635,250,100.00) Other, (File 333-144799 - Jul. 24) 
        (BR. 09A)

        K2K 3H4, 6135920200 - 0 ($82,646,607.90) Debt, (File 333-144800 - 
        Jul. 24) (BR. 10C)

S-3     Protalix BioTherapeutics, Inc., 2 SNUNIT ST, SCIENCE PARK, POB 455, 
        CARMIEL, L3, 21000, 972-4-988-9488 - 0 ($200,000,000.00) Equity, 
        (File 333-144801 - Jul. 24) (BR. 01C)

        910-509-3100 - 0 ($80,500,000.00) Equity, (File 333-144802 - Jul. 24) 
        (BR. 10)

S-8     Osteologix, Inc., 425 MARKET STREET, SUITE 2230, SAN FRANCISCO, CA, 
        94105, (415) 955-2726 - 2,400,000 ($2,328,000.00) Equity, 
        (File 333-144803 - Jul. 24) (BR. 01B)

SB-2    Osteologix, Inc., 425 MARKET STREET, SUITE 2230, SAN FRANCISCO, CA, 
        94105, (415) 955-2726 - 1,988,631 ($1,928,972.00) Equity, 
        (File 333-144804 - Jul. 24) (BR. 01B)

F-1     WuXi PharmaTech (Cayman) Inc., 288 FUTE ZHONG ROAD, 
        WAIGAOQIAO FREE TRADE ZONE, SHANGHAI, F4, 200131, 86-21-5046-1111 - 
        121,338,608 ($197,175,238.00) ADRs/ADSs, (File 333-144806 - Jul. 24) 
        (BR. 01)

S-8     Bank of Marin Bancorp, 504 REDWOOD BOULEVARD, SUITE 100, NOVATO, CA, 
        94947, 415-763-7781 - 30,782 ($1,001,030.60) Equity, (File 333-144807 - 
        Jul. 24) (BR. 07)

S-8     Bank of Marin Bancorp, 504 REDWOOD BOULEVARD, SUITE 100, NOVATO, CA, 
        94947, 415-763-7781 - 447,582 ($14,555,366.00) Equity, 
        (File 333-144808 - Jul. 24) (BR. 07)

S-8     Bank of Marin Bancorp, 504 REDWOOD BOULEVARD, SUITE 100, NOVATO, CA, 
        94947, 415-763-7781 - 500,000 ($16,260,000.00) Equity, 
        (File 333-144809 - Jul. 24) (BR. 07)

S-8     Bank of Marin Bancorp, 504 REDWOOD BOULEVARD, SUITE 100, NOVATO, CA, 
        94947, 415-763-7781 - 200,000 ($6,504,000.00) Equity, 
        (File 333-144810 - Jul. 24) (BR. 07)

        2533051900 - 0 ($2,642,091.00) Equity, (File 333-144811 - Jul. 24) 
        (BR. 07C)

S-3     EMPIRE RESORTS INC, RT 17B, P.O. BOX 5013, MONTICELLO, NY, 12701, 
        (845) 807-0001 - 3,500,000 ($19,355,000.00) Equity, (File 333-144815 - 
        Jul. 24) (BR. 05A)

S-8     SECURITY BANK CORP, 4719 FORSYTH RD, MACON, GA, 31210, 4787226200 - 
        0 ($20,258,057.00) Equity, (File 333-144816 - Jul. 24) (BR. 07A)

F-6     BP PLC, 1 ST JAMES'S SQUARE, LONDON, SW1Y 4PD, X0, 00000, 
        442074964000 - 0 ($25,000,000.00) ADRs/ADSs, (File 333-144817 - 
        Jul. 24) (BR. 04B)

        95129, 408-871-5200 - 32,348,545 ($8,588,935.64) Equity, 
        (File 333-144818 - Jul. 24) (BR. 08B)

        20007, 2022954200 - 0 ($200,000,000.00) Debt Convertible into Equity, 
        (File 333-144819 - Jul. 24) (BR. 03A)

S-8     ADA-ES INC, 600,000 ($12,132,000.00) Equity, (File 333-144820 - 
        Jul. 24) (BR. 06B)

        8306265200 - 0 ($54,788,000.00) Equity, (File 333-144821 - Jul. 24) 
        (BR. 02C)

        6308609542 - 0 ($2,355,000.00) Debt Convertible into Equity, 
        0 ($7,645,000.00) Equity, (File 333-144822 - Jul. 24) (BR. 10B)

        70151, 97239764000 - 2,500,000 ($16,025,000.00) Equity, 
        (File 333-144823 - Jul. 24) (BR. 11C)

S-8     VisualMED Clinical Solutions Corp., 1035 LAURIER STREET WEST, MONTREAL, 
        A8, H2V 2L1, (514) 274-1115 - 6,500,000 ($3,640,000.00) Equity, 
        (File 333-144824 - Jul. 24) (BR. 03C)

        70151, 97239764000 - 2,000,000 ($12,820,000.00) Equity, 
        (File 333-144825 - Jul. 24) (BR. 11C)

S-8     DICE HOLDINGS, INC., 3 PARK AVENUE, NEW YORK, NY, 10016, 212-725-6550 - 
        10,298,279 ($43,661,981.78) Equity, (File 333-144826 - Jul. 24) (BR. 08)

S-8     SunOpta Inc., 2838 BOVAIRD DRIVE WEST, BRAMPTON, A6, L7A 0H2, 
        (905) 455-1990 - 2,074,960 ($24,816,521.60) Equity, (File 333-144827 - 
        Jul. 24) (BR. 05C)

        0 ($0.00) Unallocated (Universal) Shelf, (File 333-144828 - Jul. 24) 
        (BR. 03B)

        208-424-1027 - 11,977,035 ($29,703,046.80) Equity, (File 333-144829 - 
        Jul. 24) (BR. 02C)

        ONE FINANCIAL PLZ, HARTFORD, CT, 06101, 8607287000 - 
        0 ($0.00) Unallocated (Universal) Shelf, (File 333-144830 - Jul. 24) 
        (BR. 05C)

        7015722020 - 10,820,406 ($74,336,189.22) Equity, (File 333-144831 - 
        Jul. 24) (BR. 04B)

        92708, 7145941579 - 0 ($6,000,000,000.00) Asset-Backed Securities, 
        (File 333-144832 - Jul. 24) (BR. 05D)

S-1     Claymont Steel Holdings, Inc., 4001 PHILADELPHIA PIKE, CLAYMONT, DE, 
        19703, 302-792-5400 - 0 ($125,000,000.00) Equity, (File 333-144833 - 
        Jul. 24) (BR. 06B)

S-1     Capitol Acquisition Corp, 509 7TH STREET, NW, WASHINGTON, DC, 20004, 
        202-654-7000 - 0 ($402,500,000.00) Equity, (File 333-144834 - Jul. 24) 
        (BR. )


Form 8-K is used by companies to file current reports on the following events:
1.01	Entry into a Material Definitive Agreement		
1.02	Termination of a Material Definitive Agreement		
1.03	Bankruptcy or Receivership	
2.01	Completion of Acquisition or Disposition of Assets	
2.02	Results of Operations and Financial Condition	
2.03	Creation of a Direct Financial Obligation or an Obligation under an 
	Off-Balance Sheet Arrangement of a Registrant		
2.04	Triggering Events That Accelerate or Increase a Direct Financial Obligation 
	under an Off-Balance Sheet Arrangement		
2.05	Cost Associated with Exit or Disposal Activities		
2.06	Material Impairments		
3.01	Notice of Delisting or Failure to Satisfy a Continued Listing Rule or 
	Standard; Transfer of Listing		
3.02	Unregistered Sales of Equity Securities		
3.03	Material Modifications to Rights of Security Holders		
4.01	Changes in Registrant's Certifying Accountant	
4.02	Non-Reliance on Previously Issued Financial Statements or a Related Audit
	Report or Completed Interim Review		
5.01	Changes in Control of Registrant	
5.02	Departure of Directors or Principal Officers; Election of Directors; 
	Appointment of Principal Officers	
5.03	Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
5.04	Temporary Suspension of Trading Under Registrant's Employee Benefit Plans
5.05	Amendments to the Registrant's Code of Ethics, or Waiver of a 
	Provision of the Code of Ethics	
6.01. 	ABS Informational and Computational Material.
6.02.  	Change of Servicer or Trustee.
6.03.  	Change in Credit Enhancement or Other External Support.
6.04. 	Failure to Make a Required Distribution.
6.05.  	Securities Act Updating Disclosure.
7.01	Regulation FD Disclosure	
8.01	Other Events	
9.01	Financial Statements and Exhibits	

     8-K reports may be obtained  in  person  or  by  writing  to  the
     Commission's Public Reference  Branch  at  100  F  Street,  N.E.,
     Washington, D.C.  20549-1090  or  at  the  following  e-mail  box
     address: . In most cases, this information is
     also available on the Commission's website: .

NAME OF ISSUER                          CODE   	 8K ITEM NO.		    	DATE       COMMENT
1ST INDEPENDENCE FINANCIAL GROUP, INC   DE       8.01,9.01                      07/18/07

1st Pacific Bancorp                     CA       5.02,9.01                      07/19/07

ABLE ENERGY INC                         DE       4.02                           07/23/07

ACE LTD                                 D0       2.02,9.01                      07/24/07

ACG HOLDINGS INC                        DE       2.02,8.01,9.01                 07/21/07

ACUITY BRANDS INC                       DE       8.01,9.01                      07/23/07

ADOLOR CORP                                      1.02,5.02,9.01                 07/20/07

AEHR TEST SYSTEMS                       CA       2.02,9.01                      07/24/07

AFLAC INC                               GA       2.02,9.01                      07/24/07

AK STEEL HOLDING CORP                   DE       2.02,9.01                      07/24/07

AK STEEL HOLDING CORP                   DE       7.01,9.01                      07/24/07

ALABAMA NATIONAL BANCORPORATION         DE       2.02,9.01                      07/24/07

ALCAN INC                               A6       1.01,9.01                      07/24/07

ALIGN TECHNOLOGY INC                    DE       5.02                           07/23/07

ALL AMERICAN PET COMPANY, INC.          MD       7.01                           07/24/07

ALLIANCE FINANCIAL CORP /NY/            NY       2.02,9.01                      07/24/07

ALLIED DEFENSE GROUP INC                DE       2.03                           07/19/07

Allied Nevada Gold Corp                 DE       9.01                           05/10/07    AMEND

Allis Chalmers Energy Inc.              DE       5.02,9.01                      07/19/07

ALLSTATE LIFE INSURANCE CO                       2.02                           07/24/07

ALONG MOBILE TECHNOLOGIES INC           NV       1.01,9.01                      07/09/07

AMAG PHARMACEUTICALS INC.               DE       5.03,9.01                      07/24/07

AMAZON COM INC                          DE       2.02,9.01                      07/24/07

AMERICAN COMMUNITY PROPERTIES TRUST     MD       5.03                           07/24/07

American Electric Technologies Inc      FL       8.01,9.01                      07/18/07

AMERICAN EXPRESS RECEIVABLES FINANCIN   DE       8.01,9.01                      07/24/07

AMERICAN TOWER CORP /MA/                DE       7.01                           07/24/07

AMERICAN WATER STAR  INC                NV       4.01,9.01                      02/01/06    AMEND

AMIS HOLDINGS INC                                2.02,9.01                      07/24/07

AMSURG CORP                             TN       2.02,7.01,9.01                 07/24/07

AMYLIN PHARMACEUTICALS INC              DE       2.02,9.01                      07/23/07    AMEND

ANADIGICS INC                           DE       2.02,9.01                      07/24/07

ANIKA THERAPEUTICS INC                  MA       2.02,9.01                      07/24/07

ANIXTER INTERNATIONAL INC               DE       2.02,9.01                      07/24/07

APA Enterprises, Inc.                   MN       5.02                           07/24/07

APPLIED MATERIALS INC /DE               DC       5.02,7.01,9.01                 07/23/07

ARADIGM CORP                            CA       1.01,9.01                      07/18/07

Arlington Tankers Ltd.                  D0       2.02,9.01                      07/24/07

ARROW INTERNATIONAL INC                 PA       1.01,8.01,9.01                 07/20/07

ASHFORD HOSPITALITY TRUST INC           MD       5.03,8.01,9.01                 07/11/07

Asia Automotive Acquisition Corp.       DE       5.01                           03/31/07

Asia Interactive Media Inc.             NV       5.02                           07/23/07

ASSURANT INC                                     5.02                           07/18/07

AT&T INC.                               DE       2.02,9.01                      06/30/07

AT&T INC.                               DE       2.02                           06/30/07    AMEND

ATARI INC                               DE       4.01                           07/18/07

ATLANTIC COAST FEDERAL CORP             X1       2.02,9.01                      07/24/07

AVAYA INC                               DE       2.02,9.01                      07/24/07

AVERY DENNISON CORPORATION              DE       2.02,9.01                      07/24/07

BANCORPSOUTH INC                        MS       2.02,9.01                      07/23/07

BANK MUTUAL CORP                        WI       2.02                           07/19/07

BankFinancial CORP                               5.02,9.01                      07/19/07

BARD C R INC /NJ/                       NJ       2.02,9.01                      07/24/07

BAUSCH & LOMB INC                       NY       8.01,9.01                      07/24/07

Bear Stearns Asset Backed Securities    DE       9.01                           06/29/07

BECTON DICKINSON & CO                   NJ       5.02,5.03,7.01,9.01            07/24/07

BERKLEY W R CORP                        DE       2.02,9.01                      07/23/07

BIOANALYTICAL SYSTEMS INC               IN       5.02,9.01                      06/19/03

BIOCRYST PHARMACEUTICALS INC            DE       5.03,9.01                      07/18/07

BIOGEN IDEC INC.                        DE       2.02,9.01                      07/24/07

BJ SERVICES CO                          DE       2.02                           07/24/07

BMR SOLUTIONS INC                       NV       5.02,9.01                      07/20/07

BOWATER INC                             DE       2.02,8.01,9.01                 07/24/07

BROOKE CAPITAL CORP                     KS       5.02                           07/20/07

BROWN SHOE CO INC                       NY       1.01,9.01                      07/23/07

BTU INTERNATIONAL INC                   DE       2.02,9.01                      07/24/07

Buckeye GP Holdings L.P.                DE       8.01,9.01                      07/24/07

BUCKEYE PARTNERS L P                    DE       1.01,7.01,9.01                 07/24/07

BURLINGTON NORTHERN SANTA FE CORP       DE       2.02                           06/30/07

C H ROBINSON WORLDWIDE INC              DE       2.02,9.01                      07/24/07

CABOT CORP                              DE       3.02                           07/20/07

CADENCE FINANCIAL CORP                  MS       2.02,9.01                      07/24/07

CAL MAINE FOODS INC                     DE       2.02,9.01                      07/23/07

Calamos Asset Management, Inc. /DE/              2.02,9.01                      07/24/07

CANDELA CORP /DE/                       DE       5.02                           07/20/07

CAPITAL BANK CORP                       NC       2.02,9.01                      07/24/07

CAPITAL CITY BANK GROUP INC             FL       2.02,9.01                      07/24/07

CAPITAL RESOURCE FUNDING INC            NC       7.01,9.01                      07/23/07

CapitalSouth Bancorp                    DE       2.02,9.01                      07/23/07

CARACO PHARMACEUTICAL LABORATORIES LT   MI       2.02,9.01                      07/20/07

CARTERS INC                             DE       2.02,2.06,9.01                 07/19/07

CASCADE FINANCIAL CORP                  DE       2.02,9.01                      06/30/07

CASCADE MICROTECH INC                            2.02,9.01                      07/24/07

CAVALIER HOMES INC                      DE       2.02                           07/24/07

CDI CORP                                PA       5.02                           07/18/07

CDW CORP                                IL       2.02,9.01                      07/24/07

CEC ENTERTAINMENT INC                   KS       2.02,9.01                      07/01/07

CEDAR FAIR L P                          DE       5.02                           07/18/07

CENTENE CORP                                     2.02,9.01                      07/23/07

CENTEX CORP                             NV       2.02,7.01,8.01,9.01            07/24/07

CENTURY ALUMINUM CO                     DE       2.02,7.01,9.01                 07/24/07

CERADYNE INC                            DE       2.02,9.01                      07/24/07

CERNER CORP /MO/                        DE       2.02,9.01                      07/24/07

CEVA  INC                               DE       2.02,9.01                      07/24/07

Chaparral Steel CO                      DE       5.02,8.01                      07/20/07

CHAPEAU INC                             UT       8.01                           07/20/07

CHINA DIGITAL COMMUNICATION GROUP       NV       4.02,9.01                      07/17/07

China Shenghuo Pharmaceutical Holding            2.02,7.01,9.01                 07/23/07

CHUBB CORP                              NJ       2.02,9.01                      07/24/07

CIRRUS LOGIC INC                        DE       2.01,7.01,9.01                 07/24/07

CITIGROUP INC                           DE       5.02,9.01                      07/18/07

CITIZENS FINANCIAL SERVICES INC         PA       2.02,9.01                      07/24/07

CME GROUP INC.                          DE       2.02,9.01                      07/24/07

CNB BANCORP INC/VA                      VA       5.03                           07/19/07

COAST BANCORP/CA                                 2.02,9.01                      07/24/07

COGNIZANT TECHNOLOGY SOLUTIONS CORP              5.02,9.01                      07/18/07

COLONIAL PROPERTIES TRUST               AL       1.01,2.03,9.01                 06/21/07

COLUMBIA BANKING SYSTEM INC             WA       2.01,9.01                      07/23/07

COLUMBUS MCKINNON CORP                  NY       2.02,9.01                      07/24/07

COMMERCE BANCORP INC /NJ/               NJ       2.02,9.01                      07/24/07

COMMONWEALTH BANKSHARES INC             VA       2.02,9.01                      06/30/07

Community Bancorp                       NV       2.02,9.01                      07/19/07

COMMUNITY BANK SYSTEM INC               DE       5.03,9.01                      07/18/07

COMMUNITY WEST BANCSHARES /             CA       2.02,9.01                      07/24/07

COMPUCREDIT CORP                        GA       8.01                           07/24/07

COMPUTER TASK GROUP INC                 NY       2.02,9.01                      07/24/07

Consolidated Communications Holdings,   DE       7.01,9.01                      07/24/07

CONSOLIDATED EDISON INC                 NY       5.02,5.03,9.01                 07/19/07

CORN PRODUCTS INTERNATIONAL INC         DE       2.02,7.01                      07/24/07

COUNTRYWIDE FINANCIAL CORP              DE       2.02,9.01                      07/24/07

CROSS A T CO                            RI       2.02                           06/30/07

CROWN CASTLE INTERNATIONAL CORP         DE       7.01,9.01                      07/23/07

CSG SYSTEMS INTERNATIONAL INC           DE       2.02,9.01                      07/24/07

CYBERONICS INC                          DE       8.01                           07/23/07

CYBEROPTICS CORP                        MN       2.02,9.01                      07/24/07

DELL INC                                DE       5.02,8.01,9.01                 07/18/07

DELPHI FINANCIAL GROUP INC/DE           DE       2.02,9.01                      07/24/07

Dermisonics, Inc                        NV       3.02                           07/09/07

DIGENE CORP                             DE       8.01,9.01                      07/19/07

Discover Card Execution Note Trust      DE       1.01,9.01                      07/20/07

DOMINOS PIZZA INC                                2.02,9.01                      07/24/07

Double-Take Software, Inc.              DE       2.02,9.01                      07/24/07

DRI CORP                                NC       7.01,9.01                      07/24/07

DUN & BRADSTREET CORP/NW                DE       8.01                           06/15/07

DUPONT E I DE NEMOURS & CO              DE       2.02                           07/24/07

DYNAVAX TECHNOLOGIES CORP               DE       1.01,2.03,3.02,8.01,9.01       07/18/07

DYNEGY INC.                             DE       7.01                           07/24/07

Eagle Test Systems, Inc.                IL       2.02,9.01                      07/24/07

EAST PENN FINANCIAL CORP                         2.02,9.01                      07/23/07

EAST PENN FINANCIAL CORP                         8.01,9.01                      07/24/07

EAU TECHNOLOGIES, INC.                  DE       5.02,9.01                      05/26/06    AMEND

ECOLAB INC                              DE       2.02,9.01                      07/24/07

EDAC TECHNOLOGIES CORP                  WI       1.01,2.03,9.01                 07/18/07

ELCOM INTERNATIONAL INC                 DE       5.02,9.01                      06/20/07

ELDORADO ARTESIAN SPRINGS INC           CO       7.01,9.01                      07/24/07

Elite Artz, Inc                         NV       5.02                           07/18/07

EMC CORP                                MA       2.02,9.01                      07/24/07

ENCORE WIRE CORP /DE/                   DE       2.02,7.01,9.01                 07/24/07

ENDWAVE CORP                            DE       2.02,9.01                      07/24/07

ENERGIZER HOLDINGS INC                  MO       2.02                           07/24/07

ENSCO INTERNATIONAL INC                 DE       8.01,9.01                      07/24/07

ENTECH ENVIRONMENTAL TECHNOLOGIES INC   FL       2.01,5.02,9.01                 07/23/07

EPIQ SYSTEMS INC                        MO       2.02,9.01                      07/24/07

EQUIFAX INC                             GA       2.02,9.01                      07/23/07

ESCALADE INC                            IN       5.02,8.01,9.01                 07/23/07

EVEREST RE GROUP LTD                    D0       2.02,9.01                      06/30/07

EVERGREEN ENERGY INC                    DE       2.02,7.01,8.01,9.01            07/24/07

EXCEL TECHNOLOGY INC                    DE       2.02,9.01                      06/29/07

EXELON CORP                             PA       8.01,9.01                      07/24/07

Exousia Advanced Materials, Inc.        TX       8.01                           07/23/07

EZCORP INC                              DE       2.02,9.01                      07/24/07

FAMILY HEALTHCARE SOLUTIONS INC         NV       3.02                           07/23/07

FAUQUIER BANKSHARES INC                 VA       2.02,9.01                      07/24/07

Federal Home Loan Bank of Atlanta       X1       2.03                           07/18/07

Federal Home Loan Bank of Boston        X1       2.03                           07/18/07

Federal Home Loan Bank of Chicago       X1       2.02,9.01                      07/24/07

Federal Home Loan Bank of Chicago       X1       2.03                           07/18/07

Federal Home Loan Bank of Cincinnati    X1       2.03,9.01                      07/19/07

Federal Home Loan Bank of Des Moines    X1       2.03,9.01                      07/18/07

Federal Home Loan Bank of Indianapoli   X1       2.03,9.01                      07/18/07

Federal Home Loan Bank of New York      X1       2.03,9.01                      07/18/07

Federal Home Loan Bank of Pittsburgh    PA       2.03,9.01                      07/18/07

Federal Home Loan Bank of San Francis   X1       2.03                           07/18/07

Federal Home Loan Bank of Seattle                2.03                           07/23/07

Federal Home Loan Bank of Topeka                 2.03                           07/18/07

FIRST BANCORP /NC/                      NC       2.02,9.01                      07/24/07

FIRST CAPITAL INC                       IN       2.02,9.01                      07/24/07

FIRST CHARTER CORP /NC/                 NC       2.02,7.01,9.01                 07/23/07

FIRST COMMUNITY BANCSHARES INC /NV/     NV       2.02,9.01                      07/24/07

FIRST SECURITY GROUP INC/TN             TN       2.02                           07/24/07

FIRSTBANK CORP                          MI       5.02,8.01,9.01                 07/24/07

FIRSTCITY FINANCIAL CORP                DE       2.02,7.01,9.01                 07/24/07

FIRSTMERIT CORP /OH/                    OH       2.02,9.01                      07/24/07

FIRSTPLUS FINANCIAL GROUP INC           NV       1.01,9.01                      07/23/07

FLOW INTERNATIONAL CORP                 WA       5.02,8.01,9.01                 07/16/07

FOREFRONT HOLDINGS, INC.                FL       5.02                           07/20/07

FORWARD AIR CORP                        TN       2.02,9.01                      07/23/07

FOUR OAKS FINCORP INC                   NC       8.01,9.01                      06/24/07

Future Now Group Inc.                   NV       5.03,7.01,9.01                 07/24/07

GALLAGHER ARTHUR J & CO                 DE       2.02,9.01                      07/24/07

GAMETECH INTERNATIONAL INC              DE       5.02,9.01                      07/23/07

GateHouse Media, Inc.                   DE       1.02,8.01,9.01                 07/23/07

GATEWAY FINANCIAL HOLDINGS INC          NC       8.01,9.01                      07/24/07

GENERAL MARITIME CORP/                           8.01                           07/23/07

Global Cash Access Holdings, Inc.       DE       5.02                           07/23/07

GLOBAL PARTNERS LP                               7.01,9.01                      07/24/07

GRAN TIERRA ENERGY, INC.                NV       7.01,9.01                      07/24/07

GRANT PARK FUTURES FUND LIMITED PARTN   IL       7.01                           07/20/07

GREENHILL & CO INC                               2.02,9.01                      07/24/07

GREER BANCSHARES INC                    SC       2.02,9.01                      07/23/07

GS CARBON CORP                          DE       5.01,5.02                      06/30/07

GS Mortgage Securities Trust 2007-GG1   DE       8.01,9.01                      07/10/07

GSE SYSTEMS INC                         DE       8.01                           07/24/07

GUARDIAN TECHNOLOGIES INTERNATIONAL I   DE       7.01                           07/23/07

GULFPORT ENERGY CORP                    DE       1.01,7.01,9.01                 07/20/07

HALF ROBERT INTERNATIONAL INC /DE/      DE       2.02,9.01                      07/24/07

HALLIBURTON CO                          DE       2.02                           07/23/07

HANSEN MEDICAL INC                               1.01                           07/23/07

HARRINGTON WEST FINANCIAL GROUP INC/C            2.02,9.01                      07/24/07

HARTE HANKS INC                         DE       2.02,9.01                      07/24/07

HARTFORD FINANCIAL SERVICES GROUP INC   DE       1.01,9.01                      07/23/07

HARTFORD LIFE INSURANCE CO              CT       9.01                           07/24/07

HEALTHCARE ACQUISITION CORP             DE       8.01,9.01                      07/19/07

HEALTHSTREAM INC                        TN       1.01,2.02,2.03,7.01,9.01       07/23/07

Henry Bros. Electronics, Inc.           DE       3.01,9.01                      07/24/07

HERCULES INC                            DE       2.02,8.01,9.01                 07/24/07

HESKA CORP                              DE       2.02,9.01                      06/30/07

HILLENBRAND INDUSTRIES INC              IN       8.01                           07/24/07

HINES REAL ESTATE INVESTMENT TRUST IN            1.01                           07/11/07

HOKU SCIENTIFIC INC                     DE       2.02,9.01                      07/24/07

HOME FEDERAL BANCORP                    IN       2.02,9.01                      07/24/07

HUTTON HOLDINGS CORP                    NV       5.02                           07/20/07

ICAGEN INC                              DE       8.01,9.01                      07/24/07

IDEX CORP /DE/                          DE       2.02,9.01                      07/24/07

ILLUMINA INC                            DE       2.02,9.01                      07/24/07

IMAGIN MOLECULAR CORP                   DE       9.01                           07/24/07

INDEPENDENT BANK CORP                   MI       1.01,9.01                      07/19/07

INDEPENDENT BANK CORP /MI/              MI       2.02,7.01,9.01                 07/24/07

INNOVATIVE CARD TECHNOLOGIES INC        DE       5.02                           07/24/07

INNOVO GROUP INC                        DE       5.02,9.01                      07/23/07

InPlay Technologies, Inc.               NV       5.02,9.01                      07/24/07

INTERCONTINENTALEXCHANGE INC                     1.02                           07/18/07

InterDigital, Inc.                      PA       7.01,9.01                      07/24/07

INTEREP NATIONAL RADIO SALES INC        NY       5.02,9.01                      07/12/07

Intermec, Inc.                          DE       8.01                           07/18/07

IXYS CORP /DE/                          DE       5.02                           07/20/07

J P MORGAN CHASE & CO                   DE       9.01                           07/20/07

JACOBS ENGINEERING GROUP INC /DE/       DE       2.02,9.01                      07/23/07

JAGGED PEAK, INC.                       NV       7.01,9.01                      07/24/07

Jayhawk Energy, Inc.                    CO       8.01                           07/23/07

JETBLUE AIRWAYS CORP                    DE       2.02,9.01                      07/24/07

JETBLUE AIRWAYS CORP                    DE       7.01,9.01                      07/24/07

JONES LANG LASALLE INC                  MD       2.02,9.01                      07/24/07

Juniper Partners Acquisition Corp.      DE       7.01,9.01                      07/23/07

KELLY SERVICES INC                      DE       2.02,2.05,9.01                 07/24/07

KENTUCKY BANCSHARES INC /KY/            KY       2.02,9.01                      07/24/07

KIMBERLY CLARK CORP                     DE       9.01                           07/24/07

KINGS ROAD ENTERTAINMENT INC            DE       5.02,5.03,9.01                 07/21/07

KOHLS CORPORATION                       WI       5.02,9.01                      07/24/07

LABORATORY CORP OF AMERICA HOLDINGS     DE       2.02                           07/24/07

LABORATORY CORP OF AMERICA HOLDINGS     DE       7.01                           07/24/07

LABRANCHE & CO INC                      DE       2.02,9.01                      07/24/07

LAM RESEARCH CORP                       DE       2.02,9.01                      07/24/07

LANDEC CORP \CA\                        CA       2.02,9.01                      07/24/07

LEADIS TECHNOLOGY INC                   DE       2.02,9.01                      07/24/07

LEGG MASON INC                          MD       2.02,9.01                      07/24/07

LEHMAN BROTHERS HOLDINGS INC            DE       9.01                           07/19/07

LEHMAN BROTHERS HOLDINGS INC            DE       9.01                           07/19/07

LENOX GROUP INC                         DE       1.01,9.01                      07/19/07

LEXMARK INTERNATIONAL INC /KY/          DE       2.02,9.01                      07/24/07

LIBERTY BANCORP INC                              2.02,9.01                      07/20/07

LIBERTY PROPERTY TRUST                  MD       2.02,9.01                      07/24/07

LIBERTY PROPERTY TRUST                  MD       1.01,7.01,9.01                 07/23/07

LIBERTY STAR URANIUM & METALS CORP.     NV       7.01                           07/13/07

LILLY ELI & CO                          IN       2.02,9.01                      07/24/07

LINCARE HOLDINGS INC                    DE       2.02,9.01                      07/23/07

LOCKHEED MARTIN CORP                    MD       2.02,9.01                      07/24/07

LOGICVISION INC                         DE       2.02,9.01                      07/24/07

LOUD TECHNOLOGIES INC                   WA       5.02                           07/22/07

LUCAS ENERGY, INC.                      NV       3.02                           07/20/07

LUMINENT MORTGAGE CAPITAL INC                    2.02,9.01                      07/23/07    AMEND

MACE SECURITY INTERNATIONAL INC         DE       2.01,9.01                      07/20/07

MACHINETALKER INC                       DE       8.01,9.01                      07/20/07

MACKINAC FINANCIAL CORP /MI/            MI       2.02,9.01                      07/24/07

MANHATTAN ASSOCIATES INC                GA       2.02,5.02,9.01                 07/19/07

Manhattan Bancorp                       CA       4.01,9.01                      05/24/07

MARTEN TRANSPORT LTD                    DE       2.02,9.01                      06/30/07

MASSBANK CORP                           DE       2.02,9.01                      07/23/07

MATERIAL TECHNOLOGIES INC /CA/          DE       5.02                           07/24/07

MATRIXX INITIATIVES INC                 DE       2.02,9.01                      07/23/07

MATTHEWS INTERNATIONAL CORP             PA       7.01,9.01                      07/23/07

MAXIM INTEGRATED PRODUCTS INC           DE       5.02                           07/18/07

MAXIMUS INC                             VA       8.01,9.01                      07/24/07

MAXWELL TECHNOLOGIES INC                DE       5.02                           07/23/07

MCDONALDS CORP                          DE       2.02,9.01                      07/24/07

MCDONALDS CORP                          DE       5.02,9.01                      07/24/07

MCGRAW-HILL COMPANIES INC               NY       2.02,7.01,9.01                 07/24/07

MCGRAW-HILL COMPANIES INC               NY       2.02,7.01,9.01                 07/24/07    AMEND

MDU RESOURCES GROUP INC                 DE       2.02,7.01,9.01                 07/24/07

MEDICINOVA INC                          DE       7.01,9.01                      07/24/07

MENTOR CORP /MN/                        MN       5.02                           07/19/07

Mercantile Bancorp, Inc.                DE       8.01,9.01                      07/24/07

MESA ROYALTY TRUST/TX                   TX       2.02,9.01                      07/24/07

MICROISLET INC                          NV       4.01,9.01                      07/18/07

MILLENNIUM QUEST INC                    DE       5.03,9.01                      07/23/07

ML MACADAMIA ORCHARDS L P               DE       1.01                           07/19/07

Morgans Hotel Group Co.                 DE       8.01,9.01                      07/19/07

MSTI Holdings, Inc.                     DE       2.01,8.01,9.01                 07/18/07

MUELLER INDUSTRIES INC                  DE       2.02,9.01                      07/24/07

NASB FINANCIAL INC                      MO       8.01                           07/24/07

NBT BANCORP INC                         DE       2.02,9.01                      07/23/07

NETLOGIC MICROSYSTEMS INC                        2.02,5.02,5.03,9.01            07/18/07

NETWORK CN INC                          DE       5.02,9.01                      07/23/07

Network Communications, Inc.            GA       2.02,9.01                      07/23/07

NEVADA CHEMICALS INC                    UT       8.01,9.01                      07/24/07

NEWMONT MINING CORP /DE/                DE       5.02                           07/18/07

NEXTPHASE WIRELESS, INC.                NV       7.01                           07/23/07

NITCHES INC                             CA       2.02,9.01                      07/24/07

NORTHROP GRUMMAN CORP /DE/              DE       2.02,9.01                      07/24/07

NORTHWEST BANCORP INC                   PA       2.02,9.01                      07/23/07

NORTHWEST BANCORPORATION INC            WA       2.02                           07/24/07

NUCO2 INC /FL                           FL       5.02                           07/23/07

NUTRI SYSTEM INC /DE/                   DE       2.02,7.01,9.01                 07/24/07

NYSE Euronext                           DE       5.02                           07/18/07

O A K FINANCIAL CORP                    MI       2.02,9.01                      07/23/07

OCCIDENTAL PETROLEUM CORP /DE/          DE       2.02,8.01,9.01                 07/24/07

OCEAN SHORE HOLDING CO                  X1       2.02,9.01                      07/24/07

OMNICOM GROUP INC                       NY       2.02,7.01,9.01                 07/24/07

ON THE GO HEALTHCARE INC                         3.02,5.03                      07/18/07

ORION ETHANOL, INC                      KS       5.02                           07/18/07

PACCAR INC                              DE       2.02,9.01                      07/24/07

PACIFIC STATE BANCORP                            2.02,9.01                      07/19/07

PAIN THERAPEUTICS INC                   DE       1.01,2.03                      07/18/07

PAINCARE HOLDINGS INC                   CT       2.01,9.01                      07/16/07

PARKE BANCORP, INC.                     NJ       2.02,9.01                      07/24/07

PARTNERRE LTD                                    2.02,9.01                      07/23/07

PEABODY ENERGY CORP                     DE       2.02,9.01                      07/24/07

PENN VIRGINIA CORP                      VA       5.02,5.03,9.01                 07/23/07

PENTAIR INC                             MN       2.02,9.01                      07/24/07

PeopleSupport, Inc.                     DE       5.02                           07/23/07

PEPSICO INC                             NC       2.02,9.01                      07/24/07

PERVASIVE SOFTWARE INC                  DE       2.02,9.01                      07/24/07

PFF BANCORP INC                         DE       2.02,9.01                      06/30/07

PHASE FORWARD INC                       DE       2.02,9.01                      07/24/07

Pinnacle Gas Resources, Inc.            DE       5.02,9.01                      07/19/07

PLANTRONICS INC /CA/                    DE       2.02,7.01,9.01                 06/30/07

PLATINUM ENERGY RESOURCES INC           DE       1.01,9.01                      07/18/07

POGO PRODUCING CO                       DE       2.02,8.01,9.01                 07/24/07

PORTFOLIO RECOVERY ASSOCIATES INC       DE       2.02,9.01                      07/24/07

PSB HOLDINGS INC /WI/                   WI       2.02,9.01                      07/24/07

PURE BIOFUELS CORP                      NV       8.01,9.01                      07/23/07

QCR HOLDINGS INC                        DE       2.02                           07/24/07

QUEST DIAGNOSTICS INC                   DE       2.02,9.01                      07/24/07

RAFAELLA APPAREL GROUP,INC.             DE       5.02                           07/18/07

RAINMAKER SYSTEMS INC                   CA       1.01,2.01,3.02,7.01,9.01       07/19/07

RAYONIER INC                            NC       2.02,9.01                      07/24/07

Real Paper Displays Inc                          5.02                           07/20/07

Reliance Bancshares, Inc.               MO       8.01,9.01                      07/18/07

Republic Property Trust                 MD       1.01,8.01,9.01                 07/23/07

RESOURCE AMERICA INC                    DE       1.01,9.01                      07/18/07

RF MICRO DEVICES INC                    NC       2.02                           06/30/07

ROHM & HAAS CO                          DE       2.02,9.01                      07/24/07

ROWAN COMPANIES INC                     DE       7.01,9.01                      07/23/07

ROYAL BANCSHARES OF PENNSYLVANIA INC    PA       2.02,9.01                      07/19/07

ROYAL GOLD INC                          DE       8.01,9.01                      07/19/07

RYERSON INC.                            DE       1.01,8.01,9.01                 07/24/07

SAIA INC                                DE       2.02,9.01                      07/24/07

SANGAMO BIOSCIENCES INC                 DE       2.02,9.01                      07/24/07

Santa Lucia Bancorp                     CA       2.02,5.02,8.01,9.01            07/23/07

SCHNITZER STEEL INDUSTRIES INC          OR       1.01,9.01                      07/20/07

SCOTTISH RE GROUP LTD                   E9       5.02,9.01                      07/18/07

SCRIPPS E W CO /DE                      OH       2.02,9.01                      07/24/07

SEABRIGHT INSURANCE HOLDINGS INC                 2.02,9.01                      07/24/07

Security Capital Assurance Ltd          D0       2.02,9.01                      07/23/07

SEMITOOL INC                            MT       2.02,9.01                      07/24/07

SEMOTUS SOLUTIONS INC                   NV       3.03,9.01                      07/20/07

SHORE FINANCIAL CORP                    VA       8.01                           07/23/07

SILICON STORAGE TECHNOLOGY INC          CA       4.02,9.01                      07/23/07

Silver State Bancorp                             8.01,9.01                      07/19/07

SIMPSON MANUFACTURING CO INC /CA/       DE       1.01,9.01                      07/23/07

SIONIX CORP                             NV       1.01,3.02                      07/18/07

SKECHERS USA INC                        DE       2.02,9.01                      07/24/07

SL GREEN REALTY CORP                    MD       2.02,7.01,8.01,9.01            07/23/07

SLM Student Loan Trust 2007-5           DE       1.01,2.01,9.01                 07/19/07

SMALL BUSINESS CO                       DE       1.01,3.02,9.01                 07/13/07

SMITH INTERNATIONAL INC                 DE       2.02,9.01                      07/24/07

SOCKET COMMUNICATIONS INC               DE       2.02,9.01                      06/30/07

SOMERSET HILLS BANCORP                  NJ       2.02,5.02,9.01                 07/19/07

SONIC SOLUTIONS/CA/                     CA       8.01,9.01                      07/23/07

SONIC SOLUTIONS/CA/                     CA       5.02                           07/19/07

Southern Heritage Bancshares, Inc.      TN       2.06,7.01,9.01                 07/24/07

Southern National Bancorp of Virginia   VA       2.02,9.01                      07/19/07

SPAN AMERICA MEDICAL SYSTEMS INC        SC       2.02,9.01                      07/24/07

STANLEY WORKS                           CT       2.02,9.01                      07/24/07

STATE BANCORP INC                       NY       8.01                           07/18/07

STEEL DYNAMICS INC                      IN       2.02,9.01                      07/23/07

STERLING BANCSHARES INC                 TX       2.02,9.01                      07/24/07

STERLING FINANCIAL CORP /WA/            WA       8.01,9.01                      07/23/07

STRATUS PROPERTIES INC                  DE       1.01                           07/19/07

SUPERTEX INC                            CA       9.01                           07/24/07

SUPERVALU INC                           DE       2.02,9.01                      07/24/07

SUSQUEHANNA BANCSHARES INC              PA       2.02,9.01                      07/24/07

SVB FINANCIAL GROUP                              2.05                           07/18/07    AMEND

SYNOVUS FINANCIAL CORP                  GA       2.02,7.01,8.01,9.01            07/24/07

SYNTEC BIOFUEL INC                      WA       2.03                           07/18/07

Synthenol Inc                           FL       2.03                           07/18/07

TAUBMAN CENTERS INC                     MI       2.02,9.01                      07/24/07

TCF FINANCIAL CORP                      DE       2.02,9.01                      07/24/07

TELEFLEX INC                            DE       7.01,8.01,9.01                 07/23/07

TELKONET INC                                     3.02                           07/18/07

TERABEAM, INC.                          DE       1.01,2.02,3.02,8.01,9.01       07/19/07

TERRA ENERGY & RESOURCE TECHNOLOGIES,   DE       1.01,9.01                      07/23/07

THEATER XTREME ENTERTAINMENT GROUP, I   FL       1.01,3.02,5.01,9.01            07/19/07

THORNBURG MORTGAGE INC                  MD       5.03,9.01                      07/19/07

TIDEWATER INC                           DE       8.01,9.01                      07/24/07

Timberline Resources Corp                        1.01,2.01,2.03,3.02,8.01,9.01  07/18/07

Timberline Resources Corp                        1.01,2.01,3.02,8.01,9.01       07/19/07

TOTAL SYSTEM SERVICES INC               GA       8.01,9.01                      07/24/07

TRANSWITCH CORP /DE                     DE       2.02,9.01                      07/24/07

TRIMBLE NAVIGATION LTD /CA/             CA       8.01                           07/24/07

UAL CORP /DE/                           DE       2.02,9.01                      07/24/07

UIL HOLDINGS CORP                       CT       5.02,8.01,9.01                 07/24/07

UMB FINANCIAL CORP                      MO       2.02,5.03,9.01                 07/24/07

UNISYS CORP                             DE       2.02,9.01                      06/30/07

UNITED COMMUNITY BANKS INC              GA       2.02,9.01                      07/24/07

UNITED RENTALS INC /DE                  DE       1.01,9.01                      07/22/07

UNITED STATES STEEL CORP                DE       2.02,9.01                      07/24/07

UNIVERSAL STAINLESS & ALLOY PRODUCTS    DE       2.02,9.01                      07/24/07

UNIVERSAL TECHNICAL INSTITUTE INC       DE       2.01,9.01                      07/18/07

US DRY CLEANING CORP                    DE       5.02,9.01                      07/18/07

USA TECHNOLOGIES INC                    PA       5.03                           07/18/07

USG CORP                                DE       2.02,9.01                      07/24/07

UTAH MEDICAL PRODUCTS INC               UT       2.02                           07/24/07

UTSTARCOM INC                           DE       2.02,9.01                      07/24/07

UTSTARCOM INC                           DE       8.01                           07/24/07

uWink, Inc.                             UT       8.01,9.01                      07/24/07

VALENCE TECHNOLOGY INC                  DE       3.02,9.01                      07/19/07

VCG HOLDING CORP                        CO       5.02,7.01,9.01                 07/18/07

VERIZON COMMUNICATIONS INC              DE       8.01                           07/19/07

VERTEX PHARMACEUTICALS INC / MA         MA       2.02,9.01                      07/24/07

Vestin Realty Mortgage I, Inc.                   8.01,9.01                      07/23/07

Vestin Realty Mortgage II, Inc                   8.01,9.01                      07/23/07

VIEWSONIC CORP                          DE       5.02,9.01                      07/18/07

VISTA GOLD CORP                                  9.01                           05/10/07    AMEND

Vocus, Inc.                             DE       2.02,9.01                      07/24/07

WAKO LOGISTICS GROUP INC                         4.01,9.01                      07/19/07

WASTE CONNECTIONS INC/DE                DE       7.01                           07/24/07

WASTE SERVICES, INC.                    A6       2.02,9.01                      06/30/07

WATERS CORP /DE/                        DE       2.02,9.01                      07/24/07

WATSCO INC                              FL       2.02,9.01                      07/24/07

WAUSAU PAPER CORP.                      WI       2.02,9.01                      07/24/07

WEBSENSE INC                            DE       2.02,9.01                      07/24/07

WEBSTER FINANCIAL CORP                  DE       2.02,7.01,9.01                 07/24/07

WESTERN PLAINS ENERGY LLC               KS       8.01                           07/17/07

Western Union CO                        DE       2.02,9.01                      07/24/07

WESTMORELAND COAL CO                    DE       5.03,9.01                      07/18/07

WHITNEY HOLDING CORP                    LA       2.02,9.01                      06/30/07

WHX CORP                                DE       1.01                           07/18/07

WILSHIRE ENTERPRISES INC                DE       8.01,9.01                      07/24/07

Wright Express CORP                              1.01,2.03                      07/18/07

WSB Financial Group, Inc.               WA       2.02,7.01                      07/24/07

WWA GROUP INC                           NV       4.01,9.01                      07/12/07

XL CAPITAL LTD                                   2.02,9.01                      07/24/07

XM SATELLITE RADIO HOLDINGS INC         DE       5.02,9.01                      07/24/07

XTO ENERGY INC                          DE       2.02                           07/24/07

YADKIN VALLEY FINANCIAL CORP            NC       2.02,9.01                      07/24/07

ZENITH NATIONAL INSURANCE CORP          DE       2.02,9.01                      07/24/07

ZHONE TECHNOLOGIES INC                  DE       2.02,9.01                      07/24/07




Modified: 07/25/2007