SEC Adopts Dodd-Frank Act Amendments to Investment Advisers Act
The Securities and Exchange Commission today adopted rules that require advisers to hedge funds and other private funds to register with the SEC, establish new exemptions from SEC registration and reporting requirements for certain advisers, and reallocate regulatory responsibility for advisers between the SEC and states.
The rules adopted by the Commission implement core provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act regarding investment advisers, including those that advise hedge funds.
“These rules will fill a key gap in the regulatory landscape,” said SEC Chairman Mary L. Schapiro. “In particular, our proposal will give the Commission, and the public, insight into hedge fund and other private fund managers who previously conducted their work under the radar and outside the vision of regulators.”
In addition, the Commission amended rules to expand disclosure by investment advisers, particularly about the private funds they manage, and revised the Commission’s pay-to-play rule.
The rules implement a transitional exemption period so that private advisers, including hedge fund and private equity fund advisers, newly required to register do not have to do so until March 30, 2012. The rules regarding exemptions for venture capital fund and certain private fund advisers are effective July 21, 2011. (Press Rel. 2011-133)
SEC Adopts Rule Under Dodd-Frank Act Defining “Family Offices”
The Securities and Exchange Commission today approved a new rule to define “family offices” that are to be excluded from the Investment Advisers Act of 1940.
The rulemaking stems from the Dodd-Frank Wall Street Reform and Consumer Protection Act.
“Family offices” are entities established by wealthy families to manage their wealth and provide other services to family members, such as tax and estate planning services. Historically, family offices have not been required to register with the SEC under the Advisers Act because of an exemption provided to investment advisers with fewer than 15 clients.
The Dodd-Frank Act removed that exemption so the SEC can regulate hedge fund and other private fund advisers. However, Dodd-Frank also included a new provision requiring the SEC to define family offices in order to exempt them from regulation under the Advisers Act.
The new rule adopted by the SEC enables those managing their own family’s financial portfolios to determine whether their “family offices” can continue to be excluded from the Investment Advisers Act.
The rule is effective 60 days after its publication in the Federal Register. (Press Rel. 2011-134)
In the Matter of Alvin C. Ramsey
On June 21, 2011, the Commission issued an Order Instituting Administrative Proceedings Pursuant to Section 15(b) of the Securities Exchange Act of 1934 and Notice of Hearing (Order) against Alvin C. Ramsey (Ramsey). The proceedings are based on Ramsey’s conviction in United States District Court for the Southern District of Georgia, in United States v. Alvin Charles Ramsey, No. 1:10-cr-00132-JRH.
In this Order, the Commission alleges that, from 2005 to 2008, Ramsey knowingly and willfully devised and intended to devise a scheme and artifice to defraud and misappropriate more than $400,000 from a customer by means of false and fraudulent pretenses, representations, promises, and omissions, by use of a commercial interstate carrier.
A hearing will be scheduled before an Administrative Law Judge to determine whether the allegations contained in the Order are true, to provide Ramsey an opportunity to respond to these allegations, and to determine what, if any, remedial sanctions are appropriate and in the public interest. An Administrative Law Judge will issue an initial decision no later than 210 days from the date of service of the Commission’s Order. (Rel. 34-64716; File No. 3-14434)
In the Matter of Columbia Lease Income Fund B LP
On June 22, 2011, an Administrative Law Judge issued an Order Making Findings and Revoking Registrations by Default as to Six Respondents (Default Order) in Columbia Lease Income Fund B LP, Admin. Proc. No. 3-14402. The Default Order revoked the registration of each class of registered securities of Columbia Lease Income Fund B LP, Commercial Consolidators Corp., Computer Devices, Inc., Consolidated Health Care Associates, Inc., Consolidated Professor Mines, Ltd., and Cornwall Tin & Mining Corp., pursuant to Section 12(j) of the Securities Exchange Act of 1934. The proceeding remains open as to Coniagas Resources Limited (n/k/a Lithium One Inc.). (Rel. 34-64718; File No. 3-14402)
In the Matter of Morgan Asset Management, Inc.; Morgan Keegan & Company, Inc.; James C. Kelsoe, Jr.; and Joseph Thompson Weller, CPA
On June 22, 2011, the Commission issued an Order Making Findings and Imposing Remedial Sanctions and a Cease-And-Desist Order Pursuant to Section 15(b) of the Securities Exchange Act of 1934, Sections 203(e), 203(f) and 203(k) of the Investment Advisers Act of 1940, and Sections 9(b) and 9(f) of the Investment Company Act of 1940, and Imposing Suspension Pursuant to Section 4C of the Securities Exchange Act of 1934 and Rule 102(e)(1)(iii) of the Commission’s Rules of Practice as to Respondents Morgan Asset Management, Inc., Morgan Keegan & Company, Inc., James C. Kelsoe, Jr., and Joseph Thompson Weller, CPA (Order). The Respondents consented to the issuance of the Order without admitting or denying any of the findings in the Order. The Order has been issued in connection with a global resolution of related claims involving Morgan Keegan, including this case, cases brought by a task force of state regulators, and a case brought by FINRA.
The Order finds that Respondents were responsible for mispricing of fair-valued securities in the portfolios of five registered investment companies and in that regard, finds Respondents Kelsoe, Morgan Keegan and Morgan Asset engaged in various fraudulent practices. Accordingly, the Order orders the respondents to cease and desist from committing or causing violations as follows: (i) Morgan Asset Management - Sections 206(1), 206(2) and 206(4) of the Advisers Act and Rule 206(4)-7, Section 34(b) of the Investment Company Act and Rules 22c-1 and 38a-1 thereunder; (ii) Morgan Keegan & Company - Section 34(b) of the Investment Company Act and Rules 22c-1 and 38a-1 thereunder; (iii) James C. Kelsoe, Jr. - Sections 206(1), 206(2) and 206(4) of the Advisers Act and Rule 206(4)-7 thereunder and Section 34(b) of the Investment Company Act and Rules 22c-1 and 38a-1 thereunder; and (iv) Joseph Thompson Weller- Rules 22c-1 and 38a-1 promulgated under the Investment Company Act.
With respect to Respondents Morgan Asset and Morgan Keegan, the Order also (i) requires Morgan Asset and Morgan Keegan, jointly and severally, to pay disgorgement of $20,500,000 and prejudgment interest of $4,500,000, and a civil penalty of $75,000,000; (ii) censures Morgan Asset and Morgan Keegan; (iii) requires Morgan Asset and Morgan Keegan to comply with certain undertakings including, among other things, for a period of three years from the date of the Order, to not be involved in, or responsible for, recommending to, or determining on behalf of, a registered investment company’s board of directors or trustees or such company’s valuation committee, the value of any portfolio security for which market quotations are not readily available, and if they subsequently begin to engage in such activity within six years from the date of the Order, to retain an independent compliance consultant and implement the consultant’s recommendations. The Order also acknowledges an undertaking by Respondents Morgan Asset and Morgan Keegan to make an additional payment in the amount of $100 million pursuant to orders to be entered in the related state and FINRA enforcement proceedings.
With respect to Respondent Kelsoe, the Order (i) bars Kelsoe from association with any broker, dealer, investment adviser, municipal securities dealer, municipal advisor, transfer agent, or nationally recognized statistical rating organization and prohibiting him from serving or acting as an employee, officer, director, member of an advisory board, investment adviser or depositor of, or principal underwriter for, a registered investment company or affiliated person of such investment adviser, depositor, or principal underwriter, including a penny stock bar; and (ii) requires Kelsoe to pay a civil penalty of $250,000. The Order also acknowledges an undertaking by Kelsoe to pay an additional $250,000 penalty in the state proceeding.
With respect to Respondent Weller, the Order (i) suspends Weller for twelve months from association in a supervisory capacity with any broker, dealer, investment adviser, municipal securities dealer, municipal advisor, transfer agent, or nationally recognized statistical rating organization; (ii) prohibits Weller from serving or acting as an employee, officer, director, member of an advisory board, investment adviser or depositor of, or principal underwriter for, a registered investment company or affiliated person of such investment adviser, depositor, or principal underwriter for twelve months; (iii) suspends Weller from participating in any offering of a penny stock for twelve months; (iv) denies Weller the privilege of appearing or practicing before the Commission as an accountant, provided that he may request that the Commission consider his reinstatement after two years; and (iv) requires Weller to pay a civil penalty of $50,000. (Rels. 34-64720, IA-3218, IC-29704, AAE Rel. 3296, 33-9226, 33-9227, 34-64721, IA-3219, IC-29705, File No. 3-13847)
Court Issues an Order to Show Cause Re Civil Contempt Based on Defendants’ Failure to Pay Disgorgement and Prejudgment Interest
The Securities and Exchange Commission today announced that on June 21, 2011, the United States District Court for the District of Arizona issued an Order to Show Cause re Civil Contempt against defendants Tom Hirsch, Berta Walder, Howard Walder, and Harish P. Shah for their failure to pay disgorgement and prejudgment interest thereon as required by the Final Judgment of Permanent Injunction and Monetary Relief entered by the Court against the defendants.
The Court’s Order follows from the Commission’s Motion for Order to Show Cause re Civil Contempt against the defendants, filed June 10, 2011, which alleged that the defendants violated the Court’s Final Judgment by failing to pay disgorgement (Hirsch was ordered to disgorge $1,245,220, the Walders $1,245,217, and Shah $740,160) and prejudgment interest thereon within 14 days of the entry of the Final Judgment. The Court granted the motion and issued the Order to Show Cause on June 21, 2011. The hearing on the Order to Show Cause is set for July 28, 2011.
The Commission’s complaint, which was filed on July 28, 2009, alleged that the defendants and their company, Radical Bunny LLC, raised $197 million from investors nationwide and that they made a series of misrepresentations and omissions to investors about the safety and security of the investment and the applicability of the securities laws to their offering. In particular, the complaint alleged that the defendants falsely represented that Radical Bunny held a secured interest in real estate and/or Mortgages Ltd.’s assets even after their attorneys repeatedly advised them that documentation of that security interest was either non-existent or defective.
The Commission’s motion for summary judgment against the defendants was granted on April 12, 2011. The Final Judgment against the defendants was entered by the Court on April 28, 2011. [SEC v. Radical Bunny, LLC, Tom Hirsch, Berta Walder, Howard Walder, and Harish Shah, United States District Court for the District of Arizona, Case No. 2:09-cv-01560-SRB] (LR-22012)
Proposed Rule Changes
Financial Industry Regulatory Authority filed a proposed rule change under Rule 19b-4 (SR-FINRA-2011-027) to amend FINRA trade reporting rules relating to OTC transactions in equity securities that are part of a distribution and transfers of equity securities to create or redeem instruments such as ADRs and ETFs. Publication is expected in the Federal Register during the week of June 20. (Rel. 34-64706)
International Securities Exchange filed a proposed rule change (SR-ISE-2011-33) pursuant to Rule 19b-4 under the Securities Exchange Act of 1934 relating to appointments to Competitive Market Makers. Publication is expected in the Federal Register during the week of June 20. (Rel. 34-64719)
Approval of Extension of Temporary Registration as a Clearing Agency
The Commission issued a notice and order soliciting comments and extending the Fixed Income Clearing Corporation's temporary registration as a clearing agency through June 30, 2013. Publication is expected in the Federal Register during the week of June 20. (Rel. 34-64707)
Approval of Proposed Rule Change
The Commission has approved a proposed rule change (SR-OCC-2011-03) filed by The Options Clearing Corporation under Section 19(b)(1) of the Securities Exchange Act of 1934 to allow for an expansion of OCC's internal cross-margining program to include the ability of a pair of affiliated clearing members to establish an internal non-proprietary cross-margining account. Publication is expected in the Federal Register during the week of June 20. (Rel. 34-64712)
Immediate Effectiveness of Proposed Rule Changes
A proposed rule change filed by the NASDAQ Stock Market to align certain disclosure requirements in Nasdaq’s corporate governance rules with similar disclosure requirements in the Commission’s rules (SR-NASDAQ-2011-082) 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 20. (Rel. 34-64713)
A proposed rule change filed by The NASDAQ Stock Market to modify its procedures for early termination of the short sale price test restrictions of Rule 201 of Regulation SHO for triggering transactions that are determined to be clearly erroneous executions by another exchange or a self-regulatory organization (SR-NASDAQ-2011-084) 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 20. (Rel. 34-64715)
A proposed rule change filed by Financial Industry Regulatory Authority (FINRA-2011-029) relating to exemptions from the Order Audit Trail System’s recording and reporting requirements has become effective under Section 19(b)(3)(A) of the Securities Exchange Act of 1934. Publication is expected in the Federal Register during the week of June 20. (Rel. 34-64717)
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-3 BGC Partners, Inc., 499 PARK AVENUE, NEW YORK, NY, 10022, 212-610-2200 - 0 ($74,672,908.00) Equity, (File 333-175034 - Jun. 21) (BR. 08C) S-1 PetroLogistics LP, 909 FANNIN STREET, SUITE 2630, HOUSTON, TX, 77010, 713-255-5990 - 0 ($600,000,000.00) Equity, (File 333-175035 - Jun. 21) (BR. 06) F-3ASR RIO TINTO FINANCE USA LTD, 120 COLLINS STREET, MELBOURNE, VICTORIA 3000, C3, 00000, 44 20 7781 1623 - 0 ($0.00) Non-Convertible Debt, (File 333-175037 - Jun. 21) (BR. 04) S-3 EL CAPITAN PRECIOUS METALS INC, 15225 N. 49TH STREET, SCOTTSDALE, AZ, 85254, 602-595-4997 - 0 ($5,000,000.00) Unallocated (Universal) Shelf, (File 333-175038 - Jun. 21) (BR. 04C) S-8 HIGHLAND BUSINESS SERVICES, INC., PO BOX 9892, PHOENIX, AZ, 85068-9892, 602-375-0888 - 50,000 ($75,000.00) Equity, (File 333-175039 - Jun. 21) (BR. 03A) S-3ASR USG CORP, 550 WEST ADAMS STREET, DEPARTMENT 188, CHICAGO, IL, 60661, 312-606-4000 - 0 ($28,342,597.70) Equity, (File 333-175042 - Jun. 21) (BR. 06A) S-1 Pinacle Enterprise, Inc., CTUNNERSDORFER STR. 28, LEIPZIG, 2M, 04318, 443-620-0081 - 1,800,000 ($90,000.00) Equity, (File 333-175044 - Jun. 21) (BR. ) S-3ASR NUVASIVE INC, 7475 LUSK BLVD., SAN DIEGO, CA, 92121, (858) 909-1800 - 0 ($0.00) Unallocated (Universal) Shelf, (File 333-175045 - Jun. 21) (BR. 10B) S-3 WAVE SYSTEMS CORP, 480 PLEASANT ST, LEE, MA, 01238, 4132431600 - 0 ($20,508,191.09) Equity, (File 333-175046 - Jun. 21) (BR. 03A) S-3 DCP Midstream Partners, LP, 370 17TH STREET, SUITE 2775, DENVER, CO, 80202, 720.944.9400 - 0 ($150,000,000.00) Equity, (File 333-175047 - Jun. 21) (BR. 02C) S-8 ALANCO TECHNOLOGIES INC, 15575 N 83RD WAY, SUITE 3, SCOTTSDALE, AZ, 85260, 4806071010 - 750,000 ($750,000.00) Equity, (File 333-175048 - Jun. 21) (BR. 03B) S-3ASR Six Flags Entertainment Corp, 924 AVENUE J EAST, GRAND PRAIRIE, TX, 75050, 972 595-5000 - 0 ($0.00) Equity, (File 333-175049 - Jun. 21) (BR. 05C) S-1 Trius Therapeutics Inc, 6310 NANCY RIDGE DR SUITE 105, SAN DIEGO, CA, 92121, 858-452-0370 - 0 ($47,805,187.50) Equity, (File 333-175050 - Jun. 21) (BR. 01B) S-1 SENECA GLOBAL FUND, L.P., C/O STEBEN & COMPANY, INC., 2099 GAITHER ROAD, SUITE 200, ROCKVILLE, MD, 20850, 240-631-7600 - 0 ($175,000,000.00) Limited Partnership Interests, (File 333-175052 - Jun. 21) (BR. 08B) S-8 ALLSCRIPTS HEALTHCARE SOLUTIONS, INC., 222 MERCHANDISE MART PLAZA, SUITE 2024, CHICAGO, IL, 60654, 3125061200 - 0 ($258,580,000.00) Equity, (File 333-175053 - Jun. 21) (BR. 03C)
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 A123 SYSTEMS, INC. DE 5.02 06/16/11 ACCURIDE CORP DE 1.01,9.01 06/20/11 ACORDA THERAPEUTICS INC 5.02,5.07 06/16/11 ACORDA THERAPEUTICS INC 5.02 04/19/11 AMEND ADOBE SYSTEMS INC DE 2.02,9.01 06/21/11 ADVANCED ANALOGIC TECHNOLOGIES INC DE 8.01,9.01 06/21/11 AEP INDUSTRIES INC DE 8.01 06/17/11 AeroVironment Inc DE 2.02,9.01 06/21/11 Alliance Bancorp, Inc. of Pennsylvani PA 8.01,9.01 06/21/11 ALLIANCE DATA SYSTEMS CORP DE 7.01,9.01 06/21/11 ALTAIR NANOTECHNOLOGIES INC 1.01,7.01,9.01 06/20/11 American BioCare, Inc. NV 2.01,2.03,9.01 04/11/11 AMEND AMERICAN SCIENTIFIC RESOURCES INC NV 1.01,5.02,9.01 06/10/11 AMERICAN SOFTWARE INC GA 2.02,9.01 06/21/11 AMERICAN SUPERCONDUCTOR CORP /DE/ DE 3.01,7.01,9.01 06/17/11 Ampio Pharmaceuticals, Inc. DE 7.01,8.01,9.01 06/20/11 Applied Minerals, Inc. DE 5.01 06/21/11 ASTA FUNDING INC DE 8.01,9.01 06/15/11 ATLAS AIR WORLDWIDE HOLDINGS INC DE 5.07 06/16/11 ATP OIL & GAS CORP TX 1.01,3.03,5.03,8.01, 06/15/11 9.01 AURORA GOLD CORP DE 1.01,5.02,7.01,9.01 06/14/11 AUTODESK INC DE 5.07 06/16/11 Bacterin International Holdings, Inc. DE 7.01,9.01 06/21/11 BARNES & NOBLE INC DE 2.02,9.01 06/21/11 BEHRINGER HARVARD REIT I INC MD 7.01,9.01 06/21/11 BERRY PETROLEUM CO DE 7.01 06/16/11 BEST BUY CO INC MN 7.01,9.01 06/21/11 BIOHEART, INC. FL 1.01,2.03,3.02,9.01 06/15/11 BJs RESTAURANTS INC CA 8.01,9.01 06/21/11 Bonanza Goldfield Corp. NV 1.01,9.01 06/17/11 Boomerang Systems, Inc. DE 5.03,9.01 06/20/11 BOYD GAMING CORP NV 1.01,9.01 06/15/11 BROADSOFT, INC. DE 1.01,2.03,3.02,8.01, 06/20/11 9.01 BROADVIEW NETWORKS HOLDINGS INC DE 8.01,9.01 06/21/11 BROWN SHOE CO INC NY 7.01,9.01 06/21/11 BUCKEYE PARTNERS, L.P. DE 7.01,9.01 06/21/11 CAGLES INC GA 8.01,9.01 06/21/11 CALIFORNIA GOLD CORP. NH 7.01,9.01 06/20/11 Cape Bancorp, Inc. MD 5.07,9.01 06/20/11 AMEND CARDTRONICS INC DE 1.01,8.01,9.01 06/21/11 CARNIVAL CORP DE 2.02,9.01 06/21/11 CARPENTER TECHNOLOGY CORP DE 1.01,7.01,9.01 06/20/11 CARPENTER TECHNOLOGY CORP DE 1.01,1.02,2.03,7.01, 06/21/11 9.01 CAS MEDICAL SYSTEMS INC DE 8.01 06/21/11 Casablanca Mining Ltd. NV 4.01 06/15/11 CF Industries Holdings, Inc. DE 7.01,9.01 06/21/11 CFS BANCORP INC IN 7.01,9.01 06/21/11 CHARMING SHOPPES INC PA 5.07,8.01 06/16/11 Chatham Lodging Trust MD 7.01,8.01,9.01 06/17/11 CHINA EDUCATION ALLIANCE INC. NC 5.02 06/15/11 CHINA FUND INC MD 7.01,9.01 05/31/11 China Transportation Acquisition Corp DE 8.01 06/21/11 CHUGACH ELECTRIC ASSOCIATION INC AK 5.02,9.01 06/15/11 CHURCHILL DOWNS INC KY 5.07 06/16/11 CLEANTECH TRANSIT, INC. NV 7.01,9.01 06/20/11 CLEVELAND BIOLABS INC DE 1.01,8.01,9.01 06/16/11 COLLECTIVE BRANDS, INC. DE 5.02 06/17/11 COLONIAL COMMERCIAL CORP NY 5.07 06/20/11 COMMERCIAL METALS CO DE 2.02,9.01 06/21/11 CONOLOG CORP DE 2.02,9.01 06/21/11 Constellation Energy Partners LLC DE 7.01 06/21/11 CONSUMER PORTFOLIO SERVICES INC CA 5.07 06/15/11 CORE MOLDING TECHNOLOGIES INC DE 1.01,2.03,9.01 06/17/11 CorMedix Inc. DE 8.01,9.01 06/21/11 Coronus Solar Inc. A1 1.01,1.02,4.01,7.01, 06/20/11 9.01 CORPORATE PROPERTY ASSOCIATES 15 INC MD 5.02,5.07 06/15/11 CORPORATE PROPERTY ASSOCIATES 16 GLOB MD 5.07 06/15/11 Corporate Property Associates 17 - Gl MD 5.07 06/15/11 CROWN MEDIA HOLDINGS INC DE 1.01,7.01,9.01 06/20/11 CRYO CELL INTERNATIONAL INC DE 8.01,9.01 06/21/11 CTPARTNERS EXECUTIVE SEARCH INC. DE 5.07 06/14/11 CUBIST PHARMACEUTICALS INC DE 1.01,8.01,9.01 06/16/11 CVB FINANCIAL CORP CA 5.07 05/18/11 AMEND CYBEX INTERNATIONAL INC NY 3.01 06/16/11 CYTOKINETICS INC 8.01 06/21/11 DANAHER CORP /DE/ DE 8.01,9.01 06/20/11 DecisionPoint Systems, Inc. DE 1.01,2.01,3.02,5.01, 06/15/11 5.02,5.06,9.01 DELPHI FINANCIAL GROUP INC/DE DE 5.02,9.01 06/20/11 Deltron, Inc. NV 5.02 06/15/11 DENBURY RESOURCES INC DE 5.03,9.01 06/17/11 DERMA SCIENCES, INC. PA 1.01,3.02,9.01 06/20/11 Derycz Scientific Inc NV 9.01 03/31/11 AMEND Desert Hawk Gold Corp. NV 4.01,9.01 06/20/11 Deyu Agriculture Corp. NV 1.01,9.01 06/16/11 Diamond Foods Inc DE 7.01,9.01 06/21/11 Diamond Foods Inc DE 8.01,9.01 06/20/11 DIGITAL ANGEL CORP DE 1.01 06/15/11 DIGITAL VALLEYS CORP NV 1.01,2.01,2.03,3.02, 06/15/11 5.02,5.03,9.01 Discovery Communications, Inc. DE 1.01,2.03,9.01 06/20/11 DOLLAR THRIFTY AUTOMOTIVE GROUP INC DE 1.01,9.01 06/16/11 DYNEGY INC. DE 5.02,5.07,7.01,9.01 06/15/11 Eagle Ford Oil & Gas Corp NV 8.01,9.01 06/21/11 EchoStar CORP NV 5.02 06/21/11 EdgeWave, Inc. DE 5.07 06/15/11 EMMIS COMMUNICATIONS CORP IN 1.01,7.01,9.01 06/20/11 Empeiria Acquisition Corp DE 1.01,3.02,5.03,9.01 06/15/11 ENDOCYTE INC DE 5.02,9.01 06/15/11 ENDWAVE CORP DE 2.01,3.01,3.03,5.01, 06/17/11 5.02,5.03,5.07,9.01 ENERGY FOCUS, INC/DE DE 5.07,7.01,9.01 06/15/11 ENOVA SYSTEMS INC CA 1.01,1.02,8.01,9.01 06/20/11 ESB FINANCIAL CORP PA 8.01,9.01 06/21/11 EURONET WORLDWIDE INC DE 5.02 06/21/11 EVERGREEN ENERGY INC DE 7.01,9.01 06/20/11 EXPLORE ANYWHERE HOLDING CORP NV 2.01,3.02,5.06 02/04/11 AMEND Federal Home Loan Bank of Atlanta X1 2.03 06/21/11 Federal Home Loan Bank of Boston X1 2.03 06/15/11 Federal Home Loan Bank of Chicago X1 2.03 06/15/11 Federal Home Loan Bank of Cincinnati X1 2.03,9.01 06/15/11 Federal Home Loan Bank of Des Moines X1 2.03,9.01 06/17/11 Federal Home Loan Bank of Indianapoli X1 2.03,9.01 06/21/11 Federal Home Loan Bank of New York X1 2.03,9.01 06/15/11 Federal Home Loan Bank of New York X1 5.05,9.01 06/16/11 Federal Home Loan Bank of Pittsburgh PA 5.02,7.01,9.01 06/21/11 Federal Home Loan Bank of Pittsburgh PA 2.03,9.01 06/15/11 Federal Home Loan Bank of San Francis X1 2.03 06/15/11 Federal Home Loan Bank of Seattle 2.03 06/15/11 Federal Home Loan Bank of Topeka 2.03,9.01 06/15/11 FIFTH THIRD BANCORP OH 5.02,9.01 06/21/11 FIRST COMMUNITY BANCSHARES INC /NV/ NV 7.01,9.01 06/21/11 First Surgical Partners Inc. DE 1.01,2.01,3.02,3.03, 12/31/10 AMEND 5.01,5.02,5.06,9.01 FLAGSTAR BANCORP INC MI 5.02,9.01 06/21/11 FLUSHING FINANCIAL CORP DE 7.01,9.01 06/21/11 FRONTIER OIL CORP /NEW/ WY 8.01,9.01 06/20/11 FRONTIER OIL CORP /NEW/ WY 8.01,9.01 06/20/11 FSI INTERNATIONAL INC MN 2.02,9.01 06/21/11 FUQI INTERNATIONAL, INC. DE 5.02,7.01,9.01 06/16/11 Fushi Copperweld, Inc. NV 5.07 06/16/11 GAMETECH INTERNATIONAL INC DE 1.01,2.03 06/15/11 GEOVIC MINING CORP. DE 5.07,7.01,9.01 06/17/11 GERBER SCIENTIFIC INC CT 2.02,9.01 06/21/11 GigOptix, Inc. DE 1.01,2.01,5.02,8.01, 06/17/11 9.01 Globalstar, Inc. DE 1.01,2.03,3.02,9.01 06/14/11 AMEND GNC HOLDINGS, INC. DE 5.02,9.01 06/20/11 GOLD RESERVE INC B0 3.01 06/21/11 GOLDEN GRAIN ENERGY IA 5.07 02/15/11 AMEND GOLDMAN SACHS GROUP INC DE 9.01 06/21/11 GRANT PARK FUTURES FUND LIMITED PARTN IL 7.01,9.01 06/21/11 GRANT PARK FUTURES FUND LIMITED PARTN IL 7.01,9.01 06/21/11 Greektown Superholdings, Inc. DE 5.02 06/15/11 GREENMAN TECHNOLOGIES INC DE 1.01,7.01,9.01 06/13/11 AMEND GRUBB & ELLIS CO DE 5.02,8.01,9.01 06/15/11 HANDY & HARMAN LTD. DE 5.02 06/17/11 HANSEN MEDICAL INC 5.07 06/15/11 HARRIS & HARRIS GROUP INC /NY/ NY 1.01 06/21/11 HARRIS & HARRIS GROUP INC /NY/ NY 8.01,9.01 06/21/11 HARRIS INTERACTIVE INC DE 5.02,9.01 06/16/11 HEALTH NET INC DE 7.01 06/21/11 Heckmann CORP 5.05,9.01 06/16/11 HOLLY CORP DE 8.01,9.01 06/20/11 HORIZON BANCORPORATION INC FL 5.03,5.07,9.01 06/15/11 IDT CORP DE 7.01,8.01,9.01 06/21/11 INFORMATION ANALYSIS INC VA 5.07 06/16/11 INFOSPACE INC DE 5.02,9.01 06/15/11 INSITUFORM TECHNOLOGIES INC DE 2.02,9.01 06/16/11 INSTEEL INDUSTRIES INC NC 5.07 02/08/11 AMEND INTERNAP NETWORK SERVICES CORP DE 5.07 06/16/11 INTERNATIONAL AUTOMATED SYSTEMS INC UT 4.01,9.01 06/21/11 AMEND INVENTURE FOODS, INC. DE 8.01 06/20/11 IRIS INTERNATIONAL INC DE 5.02 06/15/11 ISDERA NORTH AMERICA, INC. NV 5.03,8.01,9.01 06/15/11 J P MORGAN CHASE & CO DE 8.01,9.01 06/16/11 JABIL CIRCUIT INC DE 2.02,9.01 06/21/11 JABIL CIRCUIT INC DE 8.01,9.01 06/21/11 JEFFERIES GROUP INC /DE/ DE 2.02,9.01 06/21/11 JETBLUE AIRWAYS CORP DE 1.01,7.01,9.01 06/17/11 KENDLE INTERNATIONAL INC OH 8.01,9.01 06/21/11 Kennedy-Wilson Holdings, Inc. DE 8.01,9.01 06/21/11 KeyOn Communications Holdings Inc. DE 1.01,2.03,3.02 06/14/11 KNOT INC DE 3.01 06/15/11 Kodiak Oil & Gas Corp B0 5.02,5.07,8.01,9.01 06/15/11 Kohlberg Capital CORP DE 5.07 06/16/11 LA-Z-BOY INC MI 2.02,9.01 06/21/11 LAW ENFORCEMENT ASSOCIATES CORP NV 8.01 06/17/11 Legacy Bancorp, Inc. 5.07,8.01,9.01 06/20/11 LIGHTING SCIENCE GROUP CORP DE 5.02,7.01,9.01 06/16/11 LTV CORP DE 8.01,9.01 06/16/11 Lumber Liquidators Holdings, Inc. 5.02,9.01 06/20/11 LUMINEX CORP DE 8.01,9.01 06/21/11 LYDALL INC /DE/ DE 1.01,1.02,2.03,3.03, 06/16/11 8.01,9.01 MAGNUM HUNTER RESOURCES CORP DE 1.01,9.01 06/16/11 MCINTOSH BANCSHARES INC /GA/ GA 1.01,1.03,9.01 06/16/11 Mead Johnson Nutrition Co DE 1.01,2.03 06/17/11 MEREDITH CORP IA 2.05,8.01,9.01 06/16/11 MESA ROYALTY TRUST/TX TX 2.02,9.01 06/21/11 MINES MANAGEMENT INC ID 5.07,8.01 06/16/11 Motorola Solutions, Inc. DE 8.01,9.01 06/21/11 NABORS INDUSTRIES LTD D0 8.01,9.01 06/20/11 NANOSPHERE INC DE 8.01,9.01 06/21/11 NATIONAL TAX CREDIT INVESTORS II CA 1.01,2.01,9.01 06/15/11 NATIONAL TAX CREDIT PARTNERS L P CA 1.01,2.01,9.01 06/15/11 NB&T FINANCIAL GROUP INC OH 8.01 06/21/11 NEW ENERGY TECHNOLOGIES, INC. 7.01,9.01 06/21/11 NEW YORK TIMES CO NY 5.02 06/15/11 NewStar Financial, Inc. 7.01 06/16/11 NEWTEK BUSINESS SERVICES INC NY 1.01,2.03,9.01 06/16/11 NEWTEK BUSINESS SERVICES INC NY 5.02 06/21/11 NGP Capital Resources Co MD 7.01,9.01 06/20/11 NOVAVAX INC DE 5.07 06/15/11 NTN BUZZTIME INC DE 5.07 06/17/11 Nuance Communications, Inc. DE 8.01 06/21/11 OHIO VALLEY BANC CORP OH 5.07 05/11/11 AMEND Omagine, Inc. DE 1.01,3.02,9.01 06/21/11 OPHTHALMIC IMAGING SYSTEMS CA 5.03,9.01 06/17/11 Opko Health, Inc. DE 7.01,9.01 06/21/11 Orbitz Worldwide, Inc. DE 1.01,1.02 11/01/10 AMEND OXIGENE INC DE 7.01,9.01 06/21/11 PACIFIC BIOSCIENCES OF CALIFORNIA INC 4.01,9.01 06/16/11 PACIFIC GAS & ELECTRIC Co CA 8.01 06/20/11 PAR TECHNOLOGY CORP DE 5.07 06/16/11 PATRIOT NATIONAL BANCORP INC CT 8.01,9.01 06/20/11 PDC 2002 D LTD PARTNERSHIP 1.01,9.01 06/20/11 PDC 2003-A LP WV 1.01,9.01 06/20/11 PDC 2003-B LP WV 1.01,9.01 06/20/11 PDC 2003-C LP WV 1.01,9.01 06/20/11 PDC 2003-D LP WV 1.01,9.01 06/20/11 PERVASIP CORP NY 1.01,8.01,9.01 06/15/11 PG&E CORP CA 8.01 06/20/11 PPL Corp 2.05 06/16/11 PRESSURE BIOSCIENCES INC MA 1.01,3.02,5.02,9.01 06/16/11 PROVIDENT NEW YORK BANCORP DE 5.02,9.01 06/20/11 R F INDUSTRIES LTD NV 1.01,2.01,3.02,5.02, 06/15/11 9.01 REALOGY CORP DE 8.01,9.01 06/21/11 REGENERON PHARMACEUTICALS INC NY 8.01,9.01 06/20/11 Resource Real Estate Opportunity REIT MD 1.01,2.01,2.03 06/17/11 Rosetta Resources Inc. DE 5.02,7.01,9.01 06/21/11 SAN JUAN BASIN ROYALTY TRUST TX 2.02,9.01 06/21/11 Santander Holdings USA, Inc. PA 5.03,9.01 04/14/11 SANTARUS INC DE 8.01 06/20/11 SemGroup Corp DE 1.01,1.02,2.03,3.03, 06/17/11 9.01 SEVCON, INC. DE 1.01,2.03,9.01 06/15/11 SHAW GROUP INC LA 1.01,7.01,9.01 06/15/11 SHELTON GREATER CHINA FUND MA 8.01,9.01 06/16/11 Shire plc 8.01,9.01 06/21/11 SILICON SOUTH INC 1.01,2.01,5.02,9.01 06/17/11 SMART Modular Technologies (WWH), Inc E9 2.02,9.01 06/21/11 SMTC CORP DE 5.02,9.01 06/21/11 Sono Resources, Inc. NV 1.01,9.01 06/15/11 SPARE BACKUP, INC. DE 1.01,2.03,3.02,5.03, 06/17/11 7.01,9.01 SPECTRUM PHARMACEUTICALS INC DE 7.01,9.01 06/21/11 Spirit Airlines, Inc. DE 5.02,7.01,9.01 06/20/11 STRATEGIC AMERICAN OIL CORP NV 7.01,9.01 06/21/11 Strategic Storage Trust, Inc. MD 5.07,8.01,9.01 06/16/11 SULPHCO INC NV 1.01,8.01,9.01 06/20/11 SUNPOWER CORP DE 5.01,9.01 06/15/11 SUPREME INDUSTRIES INC DE 1.01 06/15/11 SUSQUEHANNA BANCSHARES INC PA 1.01,7.01,9.01 06/20/11 TEGAL CORP /DE/ DE 3.03,5.03,5.07,9.01 06/15/11 TEREX CORP DE 1.01,8.01,9.01 06/16/11 Tianli Agritech, Inc. D8 7.01,9.01 06/21/11 TIDELANDS BANCSHARES INC 3.01,8.01 06/16/11 Timberline Resources Corp DE 7.01,9.01 06/21/11 TITAN PHARMACEUTICALS INC DE 8.01,9.01 06/17/11 Tornier N.V. P7 5.07 06/16/11 TOWER BANCORP INC PA 1.01,7.01,8.01,9.01 06/20/11 TRIO TECH INTERNATIONAL CA 1.01,9.01 06/17/11 TTM TECHNOLOGIES INC WA 7.01,9.01 06/21/11 Uniontown Energy Inc. NV 7.01,9.01 06/21/11 UNITED COMMUNITY BANKS INC GA 1.01,5.03,5.07,8.01, 06/16/11 9.01 UNITEDHEALTH GROUP INC MN 7.01 06/21/11 UNIVERSAL FOREST PRODUCTS INC MI 5.02,9.01 06/20/11 URANERZ ENERGY CORP. NV 5.07 06/15/11 URANIUM ENERGY CORP NV 7.01,9.01 06/21/11 USEC INC DE 1.01,9.01 06/20/11 Verecloud, Inc. NV 7.01,9.01 06/21/11 Verigy Ltd. U0 8.01,9.01 06/17/11 VERINT SYSTEMS INC DE 5.07 06/16/11 VIASPACE Green Energy Inc. D8 4.01,9.01 06/20/11 VIASPACE Inc. 4.01,9.01 06/20/11 VITRO DIAGNOSTICS INC NV 3.02 04/27/11 Vocus, Inc. DE 5.07 06/16/11 Vringo Inc DE 5.02,5.07 06/16/11 Vyteris, Inc. NV 5.02,5.07 06/15/11 WALGREEN CO IL 2.02,7.01,8.01,9.01 06/21/11 WEBMEDIABRANDS INC. DE 5.07 06/16/11 XCEL ENERGY INC MN 8.01 06/17/11 XL GROUP PLC L2 5.02,9.01 06/16/11 XSUNX INC CO 8.01,9.01 06/20/11 Zagg INC 7.01,8.01,9.01 06/21/11 ZORAN CORP \DE\ DE 1.01,9.01 06/16/11