SEC Proposes Business Conduct Standards for Security-Based Swap Dealers and Major Security-Based Swap Participants
The Securities and Exchange Commission today voted to propose rules that would impose certain business conduct standards upon security-based swap dealers and major security-based swap participants when those parties engage in security-based swap transactions.
The SEC’s proposed rules stem from Title VII of the Dodd-Frank Wall Street Reform and Consumer Protection Act, which authorizes the Commission to implement a comprehensive framework for regulating the over-the-counter swaps markets.
“The rules we are proposing would level the playing field in the security-based swap market by bringing needed transparency to this market and by seeking to ensure that customers in these transactions are treated fairly,” said SEC Chairman Mary L. Schapiro. “The standards we propose are intended to establish a framework that protects investors and also promotes efficiency, competition, and capital formation.”
The proposed rules would require security-based swap dealers and major security-based swap participants to communicate in a fair and balanced manner and make certain disclosures, including conflicts of interest and material incentives to potential counterparties. Additional requirements would be imposed for dealings with special entities, which include municipalities, pension plans, endowments and similar entities.
Public comments on the SEC’s proposal should be received by Aug. 29, 2011. (Press Rel. 2011-137)
Commission Revokes Registration of Securities of SBD International, Inc. (n/k/a Solargy Systems, Inc.) for Failure to Make Required Periodic Filings
On June 29, 2011, the Commission revoked the registration of each class of registered securities of SBD International, Inc. (n/k/a Solargy Systems, Inc.) (Solargy Systems) for failure to make required periodic filings with the Commission.
Without admitting or denying the findings in the Order, except as to jurisdiction, which it admitted, Solargy Systems consented to the entry of an Order Making Findings and Revoking Registration of Securities Pursuant to Section 12(j) of the Securities Exchange Act of 1934 as to SBD International, Inc. (n/k/a Solargy Systems, Inc.) finding that it had failed to comply with Section 13(a) of the Securities Exchange Act of 1934 (Exchange Act) and Rules 13a-1 and 13a-13 thereunder and revoking the registration of each class of Solargy Systems’ securities pursuant to Section 12(j) of the Exchange Act. This Order settled the proceedings brought against Solargy Systems in In the Matter of Sabratek Corp., et al., Administrative Proceeding File No. 3-14318.
Brokers and dealers should be alert to the fact that Exchange Act Section 12(j) provides, in pertinent part, as follows:
For further information see Order Instituting Administrative Proceedings and Notice of Hearing Pursuant to Section 12(j) of the Securities Exchange Act of 1934, In the Matter of Sabratek Corp., et al., Administrative Proceeding File No. 3-14318, Exchange Act Release No. 64177, April 5, 2011. (Rel. 34-64765; File No. 3-14318)
In the Matter of Raymond James & Associates, Inc. and Raymond James Financial Services, Inc.
On June 29, 2011, the Commission issued an Order Instituting Administrative and Cease-and-Desist Proceedings Pursuant to Section 8A of the Securities Act of 1933, Section 15(b) of the Securities Exchange Act of 1934, and Section 203(e) of the Investment Advisers Act of 1940, Making Findings, and Imposing Remedial Sanctions and a Cease-and-Desist Order (Order) against Raymond James & Associates, Inc. and Raymond James Financial Services, Inc. The Order finds that the Respondents offered and sold to some of their customers, financial instruments known as auction rate securities (ARS) while not accurately characterizing or while failing to adequately disclose the true nature and risks associated with these investments. ARS are bonds or preferred stock whose liquidity depends upon sufficient demand at periodic securities auctions. The Order specifically finds that some of Respondents’ registered representatives and financial advisers improperly described ARS as safe, liquid alternatives to money market funds and other cash-like investments, without adequately disclosing the auction process or the risk of illiquidity if these auctions failed. On February 13, 2008, a significant number of ARS auctions failed, resulting in an overall market collapse that left thousands of investors, including Respondents’ customers, holding ARS that they have not been able to liquidate. The Order finds that Respondents willfully violated Section 17(a)(2) of the Securities Act of 1933 (Securities Act).
Based on the above, the Order censures Respondents, orders them to cease and desist from committing or causing any violations and any future violations of Section 17(a)(2) of the Securities Act, and reserves the right to seek a financial penalty against them.
Without admitting or denying any of the findings, Respondents consented to the issuance of the Order and agreed to undertake to purchase eligible ARS held by their eligible current and former customers, and other measures, as specified under the terms of the Order. (Rels. 33-9228; 34-64767; IA-3227; File No. 3-14445)
Court Enters Final Judgment Against Georgia Resident William K. Boston, Jr., Texas Resident Warren T. Chambers and Their Business, Century Estate Planning, Inc.
The Securities and Exchange Commission announced today that on June 22, 2011, Judge Elaine Bucklo of the United States District Court for the Northern District of Illinois entered a final judgment against William K. Boston, Jr., of Canton, Georgia, Warren T. Chambers, of Leander, Texas, and Century Estate Planning, Inc. (Century Estate), their business. The final judgment: (1) enjoined Boston, Chambers and Century Estate from violating Sections 5(a), 5(c) and 17(a) of the Securities Act of 1933, Sections 10(b) and 15(a) of the Securities Exchange Act of 1934 and Rules 10b-5 and 10b-10 promulgated thereunder, and enjoined Boston and Chambers from aiding and abetting violations of Rule 10b-10 of the Exchange Act; (2) ordered Boston, Chambers and Century Estate to pay disgorgement in the amount of $1,347,601.44 plus prejudgment interest of $617,269.01, for a total of $1,964,870.45; and (3) ordered Boston and Chambers to each pay a civil penalty of $120,000,and Century Estate to pay a civil penalty in the amount of $600,000.
The SEC’s complaint in this matter charges that Michael E. Kelly and 25 other defendants, including Boston, Chambers and Century Estate, participated in a massive fraud on U.S. investors that involved the offer and sale of securities in the form of Universal Leases. Universal Lease investments were structured as timeshares in several hotels in Cancun, Mexico, coupled with a pre-arranged rental agreement that promised investors a high, fixed rate of return. The SEC’s complaint alleges that from 1999 until 2005, Kelly and others, including Boston, Chambers and Century Estate, raised at least $428 million through the Universal Lease scheme from investors throughout the United States, with more than $136 million of the funds invested coming from IRA accounts. The SEC further alleges that a nationwide network of unregistered salespeople who sold the Universal Leases, including Boston, Chambers and Century Estate, collected undisclosed commissions totaling more than $72 million. The SEC also alleges that Kelly and others ran the scheme from Cancun, Mexico, through a number of foreign entities in Mexico and Panama. According to the SEC's complaint, Kelly and others told investors that Universal Leases would generate guaranteed income through the leasing of investor timeshares by a large, independent leasing agent. In fact, the complaint alleges, the leasing agent was a small Panamanian travel agency controlled by Kelly, and for most of the scheme, its payments to investors came from accounts funded by money raised from new investors. Further, the complaint alleges that Kelly and the other defendants, including Boston, Chambers and Century Estate, failed to disclose key facts about the Universal Lease investment, including the risks of the investment and that Kelly was paying commissions as high as 27% to the selling brokers. The SEC’s action against the remaining defendants is pending. [SEC v. Michael E. Kelly, et al., Case No. 1:07-CV-4979 in the United States District Court for the Northern District of Illinois] (LR-22016)
SEC Obtains Settlement with Recidivist Edward Meyer, Jr. for His Role in a Fraudulent Share Issuance Scheme and Insider Trading
The Securities and Exchange Commission announced today that on June 27, 2011, the United States District Court for the Southern District of New York entered a Final Judgment that enjoins Edward Meyer, Jr. from violating the registration and antifraud provisions of the federal securities laws, orders him to disgorge $62,050 in ill-gotten gains, and requires him to pay civil penalties of $62,000. In addition, the Court barred Meyer from participating in any penny stock offering and from serving as an officer or director of any reporting company. Meyer consented to the entry of the Final Judgment without admitting or denying any of the allegations of the Commission’s Complaint.
In its Complaint, the SEC charged that Meyer violated the registration provisions of the federal securities laws when he sold shares of RECOV Energy Corporation between April and November 2005. According to the Complaint, RECOV issued these shares to Meyer after he and defendant Victoria Chen entered into a contract to buy a controlling interest in RECOV from RECOV’s principal, defendant Richard Verdiramo, and his father, defendant Vincent L. Verdiramo. The Complaint alleges that shortly after receiving the RECOV shares, Meyer began selling them on the open market. The SEC charged that Meyer violated Section 5(a) of the Securities Act of 1933 because his sales of RECOV shares were not registered with the SEC or subject to any exemptions from the registration provisions. The Final Judgment orders Meyer to disgorge his ill-gotten gains from these violations, which totaled approximately $48,000, and to pay a $48,000 penalty for these claims.
The SEC also charged Meyer with insider trading based on his sales of RECOV stock in August 2005. According to the Complaint, in October 2004, Meyer began working as a consultant for a private company that subsequently engaged in merger negotiations with RECOV. Meyer signed a confidentiality agreement in connection with his engagement as the private company’s consultant. The Complaint alleges that in July 2005, the private company’s principal told Meyer that he intended to terminate merger negotiations with RECOV. The Complaint alleges that Meyer sold RECOV shares after he learned of the principal’s intention to terminate merger negotiations and before the August 2005 public announcement that the parties had terminated merger negotiations. As a consequence of these trades, the Complaint alleges that Meyer avoided losses of $14,000. The SEC charged that the private company’s intention to terminate merger negotiations was material, non-public information, and that Meyer violated Section 10(b) of the Securities Exchange Act of 1934 and Exchange Act Rule 10b-5 when he sold RECOV stock while in possession of that information without disclosing his intention to trade. The Final Judgment orders Meyer to disgorge the $14,000 of ill-gotten gains from these violations and to pay a $14,000 penalty for these claims.
Meyer was the subject of a previous Commission action, which he settled in May 2002, by consenting to a permanent injunction against violations of the anti-fraud, anti-touting, and registration provisions of the federal securities laws, among other sanctions. (SEC v. Vertucci, Straughn, Petry, Baughman, Johnson, Meyer, and Hazlet Investors, Inc., Litigation Release No. 17519, May 15, 2002).
The Commission’s pending litigation against the other defendants in this matter is ongoing. For additional information, see Litigation Release No. 21447 (March 10, 2010). [SEC v. Richard Verdiramo, Vincent L. Verdiramo, Edward Meyer, Jr., and Victoria Chen, Civil Action No. 10-CIV-1888 (S.D.N.Y.)] (LR-22017)
Altegris Advisors, L.L.C. and Northern Lights Fund Trust
An order has been issued on an application filed by Altegris Advisors, L.L.C. and Northern Lights Fund Trust for an exemption from Section 15(a) of the Investment Company Act and Rule 18f-2 under the Act. The order permits the applicants to enter into and materially amend subadvisory agreements without shareholder approval. (Rel. IC-29710 – June 28)
A proposed rule change filed by the International Securities Exchange to increase the position and exercise limit for options on the Standard & Poor’s® Depository Receipts (SPDRs®) (SR-ISE-2011-34) 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 27. (Rel. 34-64760)
A proposed rule change filed by New York Stock Exchange (SR-NYSE-2011-29) extending the operation of its New Market Model pilot until the earlier of Securities and Exchange Commission approval to make such pilot permanent or January 31, 2012 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 June 27. (Rel. 34-64761)
A proposed rule change filed by New York Stock Exchange (SR-NYSE-2011-30) extending the operation of its Supplemental Liquidity Providers pilot until the earlier of the Securities and Exchange Commission’s approval to make such pilot permanent or January 31, 2012 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 June 27. (Rel. 34-64762)
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-11 J & P Realty Trust, 1373 S.ORANGE DR, LOS ANGELES, CA, 90019, 1-323-599-1804 - 2,500,000 ($7,500,000.00) Debt, (File 333-175166 - Jun. 28) (BR. ) S-3 Spectrum Brands Holdings, Inc., 601 RAYOVAC DRIVE, MADISON, WI, 53711, 608-275-3340 - 0 ($242,843,588.12) Equity, (File 333-175167 - Jun. 28) (BR. 10C) S-1 Omagine, Inc., 350 FIFTH AVENUE, SUITE 1103, NEW YORK, NY, 10118, 212-563-4141 - 3,244,216 ($7,623,908.00) Equity, (File 333-175168 - Jun. 28) (BR. 09A) S-8 Bollente Companies Inc., GAINEY CENTER II 8501 N. SCOTTSDALE RD., SUITE 165, SCOTTSDALE, AZ, 85253-2740, (480) 275-7572 - 575,000 ($460,000.00) Equity, (File 333-175169 - Jun. 28) (BR. 05) S-4 CLAIRES STORES INC, 2400 WEST CENTRAL RD, HOFFMAN ESTATES, IL, 60192, 9544333900 - 0 ($450,000,000.00) Non-Convertible Debt, (File 333-175171 - Jun. 28) (BR. 09B) S-8 DSP GROUP INC /DE/, 2580 NORTH FIRST STREET, SUITE 460, SAN JOSE, CA, 95131, 408-986-4300 - 0 ($18,547,126.65) Equity, (File 333-175172 - Jun. 28) (BR. 10A) S-8 EQUITY RESIDENTIAL, EQUITY RESIDENTIAL, TWO NORTH RIVERSIDE PLAZA, SUITE 400, CHICAGO, IL, 60606, 3129281178 - 0 ($758,269,985.50) Equity, (File 333-175173 - Jun. 28) (BR. 08A) N-2 ING SENIOR INCOME FUND, ING SENIOR INCOME FUND, 7337 E. DOUBLETREE RANCH ROAD, SCOTTSDALE, AZ, 85258, 4804773000 - 45,000,000 ($589,050,000.00) Equity, (File 333-175174 - Jun. 28) (BR. 17) S-8 FALCONSTOR SOFTWARE INC, 125 BAYLIS ROAD, MELVILLE, NY, 11747, 631 777 5188 - 0 ($5,556,400.00) Equity, (File 333-175175 - Jun. 28) (BR. 03B) S-8 CHINA TECHNOLOGY DEVELOPMENT GROUP CORP, UNIT 10-11, 10/F, WEST TOWER, SHUN TAK CENTRE, 168-200 CONNAUGHT RD C., HONG KONG, K3, 00000, 852-3112-8461 - 0 ($2,500,000.00) Equity, (File 333-175176 - Jun. 28) (BR. 03A) S-8 Net Element, Inc., 1450 S. MIAMI AVE, MIAMI, FL, 33130, 305-507-8808 - 150,000,000 ($9,000,000.00) Equity, (File 333-175177 - Jun. 28) (BR. 03C) S-1 VISUALANT INC, 500 UNION STREET, SUITE 406, SEATTLE, WA, 98101, 206-903-1351 - 15,340,361 ($3,374,879.42) Other, (File 333-175178 - Jun. 28) (BR. 10C) S-8 ALASKA COMMUNICATIONS SYSTEMS GROUP INC, 600 TELEPHONE AVENUE, -, ANCHORAGE, AK, 99503, 9072973000 - 5,439,355 ($48,192,685.30) Equity, (File 333-175179 - Jun. 28) (BR. 11A) S-8 Google Inc., 1600 AMPHITHEATRE PARKWAY, MOUNTAIN VIEW, CA, 94043, 650 623 4000 - 0 ($342,500,000.00) Equity, (File 333-175180 - Jun. 28) (BR. 03A) S-8 VISUALANT INC, 500 UNION STREET, SUITE 406, SEATTLE, WA, 98101, 206-903-1351 - 7,000,000 ($1,540,000.00) Equity, (File 333-175181 - Jun. 28) (BR. 10C) S-3 BIOCRYST PHARMACEUTICALS INC, 2190 PARKWAY LAKE DR, BIRMINGHAM, AL, 35244, 2054444600 - 0 ($70,000,000.00) Unallocated (Universal) Shelf, (File 333-175182 - Jun. 28) (BR. 01C) S-1 Diversified Resources Inc., 37 MAYFAIR ROAD SW, CALGARY, A0, T2V 1Y8, (403) 862-5331 - 2,200,000 ($44,000.00) Equity, (File 333-175183 - Jun. 28) (BR. ) S-3 Genesis Biopharma, Inc, 1601 N. SEPULVEDA BLVD., #632, MANHATTAN BEACH, CA, 90266, 866-963-2220 - 0 ($100,000,000.00) Equity, (File 333-175184 - Jun. 28) (BR. 05A) S-8 TORCHMARK CORP, 3700 SOUTH STONEBRIDGE DRIVE, MCKINNEY, TX, 75070, 972-569-4000 - 0 ($344,127,150.00) Equity, (File 333-175185 - Jun. 28) (BR. 01C) S-8 ASURE SOFTWARE INC, 108 WILD BASIN RD, AUSTIN, TX, 78746, 5124372700 - 350,000 ($1,036,000.00) Equity, (File 333-175186 - Jun. 28) (BR. 03B) N-2 CORNERSTONE TOTAL RETURN FUND INC, C/O ULTIMUS FUND SOLUTIONS, LLC, 350 JERICHO TURNPIKE, SUITE 206, JERICHO, NY, 11753, (646) 881-4985 - 120,482 ($1,000,001.00) Equity, (File 333-175187 - Jun. 28) (BR. 16) S-4 Capella Healthcare, Inc., 501 CORPORATE CENTRE DRIVE, TWO CORPORATE CENTRE, SUITE 200, FRANKLIN, TN, 37067, 615-764-3000 - 0 ($500,000,000.00) Non-Convertible Debt, (File 333-175188 - Jun. 28) (BR. ) S-8 XCEL ENERGY INC, 800 NICOLLET MALL, MINNEAPOLIS, MN, 55402, 6123305500 - 0 ($47,730,000.00) Equity, (File 333-175189 - Jun. 28) (BR. 02C) S-8 Vertro, Inc., 5220 SUMMERLIN COMMONS BLVD, N/A, FORT MYERS, FL, 33907, (239) 561-7229 - 700,000 ($1,449,000.00) Equity, (File 333-175190 - Jun. 28) (BR. 02C)
Form 8-K is used by companies to file current reports on the following events:
8-K reports may be viewed in person in the Commission's Public Reference Branch at 100 F Street, N.E., Washington, D.C. To obtain paper copies, please refer to information on the Commission's Web site at http://www.sec.gov/answers/publicdocs.htm. In most cases, you can view and download this information by using the search function located at http://www.sec.gov/edgar/searchedgar/companysearch.html.
STATE NAME OF ISSUER CODE 8K ITEM NO. DATE COMMENT ACORDA THERAPEUTICS INC 1.01 06/23/11 ADCARE HEALTH SYSTEMS INC OH 1.01,9.01 06/22/11 Addus HomeCare Corp DE 5.07 06/22/11 ADPT Corp DE 4.01,9.01 06/22/11 Ads In Motion, Inc. DE 1.01,2.03,3.02,9.01 06/22/11 ALR TECHNOLOGIES INC 1.01,9.01 06/26/11 AMEND Alto Group Holdings Inc. NV 1.01,3.02 06/28/11 AMC Networks Inc. DE 8.01 06/22/11 American Capital Agency Corp 1.01 06/28/11 AMERICAN INTERNATIONAL INDUSTRIES INC NV 5.02 06/28/11 American Patriot Financial Group, Inc TN 5.07 06/23/11 American Security Resources Corp. NV 4.01,9.01 05/31/11 AMEND AMERICAN VANTAGE COMPANIES NV 1.02,9.01 06/21/11 AMERIGON INC MI 5.07,9.01 06/24/11 AMES NATIONAL CORP IA 8.01,9.01 06/22/11 Andatee China Marine Fuel Services Co DE 5.02 06/25/11 AOXING PHARMACEUTICAL COMPANY, INC. FL 1.01,3.02,7.01,9.01 06/26/11 APOGEE ENTERPRISES, INC. MN 5.02,5.07,8.01,9.01 06/22/11 ARCH CAPITAL GROUP LTD. 2.02,7.01,9.01 06/28/11 ARDENT MINES LTD 3.02 04/26/11 Arno Therapeutics, Inc DE 5.02,9.01 06/22/11 Augme Technologies, Inc. DE 4.01,9.01 08/30/10 AMEND AVT, Inc. NV 1.01 06/28/11 Axiom Gold & Silver Corp 3.02,5.02 06/28/11 BAKKEN RESOURCES INC 1.01 06/24/11 BALDWIN & LYONS INC IN 8.01,9.01 06/28/11 BANK OF FLORIDA CORP FL 1.03,2.01,9.01 06/02/11 Bank of the Carolinas CORP NC 5.07,8.01,9.01 06/23/11 BED BATH & BEYOND INC NY 5.05,5.07 06/23/11 BEHRINGER HARVARD REIT I INC MD 5.02,5.07,8.01,9.01 06/24/11 BGC Partners, Inc. DE 1.01,2.03,8.01,9.01 06/23/11 BIO RAD LABORATORIES INC DE 1.01 06/22/11 BIOMIMETIC THERAPEUTICS, INC. DE 7.01 06/27/11 Bizzingo, Inc. NV 5.02,9.01 06/01/11 BOISE INC. DE 1.01,1.02,9.01 06/25/11 BONANZA GOLD CORP. DE 5.02 06/24/11 Bonds.com Group, Inc. DE 1.01,3.02,8.01,9.01 12/31/10 BPZ RESOURCES, INC. TX 5.07 06/24/11 Buckeye Oil & Gas, Inc. FL 1.01,9.01 06/23/11 CALGON CARBON CORPORATION DE 5.07 04/29/11 AMEND CALIFORNIA PIZZA KITCHEN, INC. DE 8.01 06/27/11 CAMDEN NATIONAL CORP ME 8.01,9.01 06/28/11 CAMPBELL SOUP CO NJ 2.05,2.06 06/28/11 CANTEL MEDICAL CORP DE 1.01,9.01 06/24/11 CAPITAL TRUST INC MD 5.02,5.07,9.01 06/24/11 CARDIO VASCULAR MEDICAL DEVICE CORP DE 5.02,5.03,5.07,9.01 05/13/11 CARDIO VASCULAR MEDICAL DEVICE CORP DE 5.02,5.03,5.07,9.01 05/13/11 AMEND CARPENTER TECHNOLOGY CORP DE 1.01,7.01,9.01 06/27/11 CASPIAN SERVICES INC NV 8.01 06/28/11 CDW Corp DE 4.01,9.01 06/22/11 CEDAR FAIR L P DE 1.01,5.02,9.01 06/27/11 Ceelox Inc. NV 8.01 06/27/11 AMEND CenterState Banks, Inc. FL 7.01 06/28/11 CENTRAL VERMONT PUBLIC SERVICE CORP VT 8.01,9.01 06/27/11 CHAMPIONS ONCOLOGY, INC. DE 5.02 06/27/11 CHEROKEE INC DE 5.03,5.07,9.01 06/22/11 CHICOS FAS INC FL 5.07 06/23/11 China Advanced Construction Materials DE 5.07 06/25/11 China Health Industries Holdings, Inc 4.01 06/24/11 CHINA JO-JO DRUGSTORES, INC. 8.01,9.01 06/28/11 CHINA-BIOTICS, INC DE 5.02,9.01 06/23/11 CHINACAST EDUCATION CORP DE 7.01 06/28/11 ChinaNet Online Holdings, Inc. NV 8.01,9.01 06/28/11 CIBER INC DE 8.01 06/23/11 CIFC Deerfield Corp. DE 9.01 04/13/11 AMEND CLIFFS NATURAL RESOURCES INC. OH 7.01,9.01 06/28/11 COLE CORPORATE INCOME TRUST, INC. MD 8.01 06/28/11 Cole Credit Property Trust II Inc MD 7.01,8.01,9.01 06/28/11 Cole Credit Property Trust III, Inc. MD 1.01,1.02,2.03,5.07 06/27/11 COLONY RESORTS LVH ACQUISITIONS LLC NV 1.02 06/28/11 COMMUNITY FIRST INC TN 5.02 06/22/11 Converted Organics Inc. DE 8.01,9.01 06/28/11 COST PLUS INC/CA/ CA 5.02,5.03,5.07 06/23/11 Cryoport, Inc. NV 5.02,9.01 06/23/11 CYBEX INTERNATIONAL INC NY 1.01 06/24/11 DAILY JOURNAL CORP SC 5.07 02/02/11 AMEND DECKERS OUTDOOR CORP DE 5.02,9.01 06/28/11 DESTINY MEDIA TECHNOLOGIES INC CO 1.01,9.01 06/17/11 Dolby Laboratories, Inc. DE 5.07 02/02/11 AMEND Domark International Inc. NV 5.02 06/28/11 Domark International Inc. NV 5.02 06/28/11 AMEND DRINKS AMERICAS HOLDINGS, LTD DE 1.01,3.02,5.02,9.01 06/27/11 DTE ENERGY CO MI 7.01,9.01 06/28/11 DUKE REALTY CORP IN 7.01,9.01 06/28/11 DUKE REALTY LIMITED PARTNERSHIP/ IN 7.01,9.01 06/28/11 DURECT CORP DE 8.01 06/27/11 DYNEGY INC. DE 5.02,7.01,9.01 06/22/11 E-Waste Systems, Inc. NV 1.01,5.02,9.01 06/28/11 EBAY INC DE 5.03 06/22/11 ECOTALITY, INC. NV 1.01,8.01,9.01 06/22/11 Education Realty Trust, Inc. MD 7.01,9.01 06/27/11 EnergyConnect Group Inc OR 5.07 06/23/11 Enertopia Corp. NV 1.01,7.01,9.01 06/27/11 ENTREMED INC DE 1.01,9.01 06/28/11 ERHC Energy Inc CO 8.01,9.01 06/27/11 F5 NETWORKS INC WA 5.02 06/27/11 Federal Home Loan Bank of Atlanta X1 2.03 06/28/11 Federal Home Loan Bank of Chicago X1 2.03 06/22/11 Federal Home Loan Bank of Cincinnati X1 2.03,9.01 06/24/11 Federal Home Loan Bank of Des Moines X1 2.03,9.01 06/24/11 Federal Home Loan Bank of Indianapoli X1 2.03,9.01 06/28/11 Federal Home Loan Bank of New York X1 2.03,9.01 06/22/11 Federal Home Loan Bank of Pittsburgh PA 2.03,9.01 06/22/11 Federal Home Loan Bank of San Francis X1 2.03 06/22/11 Federal Home Loan Bank of San Francis X1 5.02,7.01 06/28/11 Federal Home Loan Bank of Seattle 2.03 06/22/11 Federal Home Loan Bank of Topeka 2.03,9.01 06/22/11 FEDERAL HOME LOAN MORTGAGE CORP 5.02,9.01 06/23/11 First Business Financial Services, In 7.01,9.01 06/28/11 FIRST COMMUNITY BANCSHARES INC /NV/ NV 8.01,9.01 06/28/11 FIRST PACTRUST BANCORP INC MD 8.01,9.01 06/28/11 GENESCO INC TN 1.01,2.02,2.03,7.01, 06/23/11 9.01 GEO GROUP INC FL 8.01 06/22/11 GLOBAL GOLD CORP DE 1.01,3.02 06/23/11 Golden Spirit Enterprises Ltd. DE 5.02,9.01 08/27/10 GOLDMAN SACHS GROUP INC DE 9.01 06/28/11 GRAFTECH INTERNATIONAL LTD DE 1.01,5.02,9.01 06/28/11 GULF ISLAND FABRICATION INC LA 8.01,9.01 06/28/11 GULF ISLAND FABRICATION INC LA 8.01,9.01 06/28/11 Gulfmark Energy, Inc. NV 3.02,5.03,8.01,9.01 06/27/11 HARBINGER GROUP INC. DE 1.01,2.03 06/28/11 HARMONIC INC DE 5.07 06/22/11 HAWAIIAN HOLDINGS INC DE 7.01,9.01 06/28/11 HENRY SCHEIN INC DE 1.01,9.01 06/24/11 HERITAGE COMMERCE CORP CA 8.01 06/24/11 Horizon Lines, Inc. 8.01 06/24/11 HORNBECK OFFSHORE SERVICES INC /LA DE 5.02,5.07,9.01 06/23/11 ICON Equipment & Corporate Infrastruc DE 7.01,9.01 06/28/11 ICON INCOME FUND NINE LLC 7.01,9.01 06/28/11 ICON INCOME FUND TEN LLC DE 7.01,9.01 06/28/11 ICON LEASING FUND ELEVEN, LLC DE 7.01,9.01 06/28/11 ICON LEASING FUND TWELVE, LLC DE 7.01,9.01 06/28/11 IDT CORP DE 7.01,9.01 06/28/11 ILLINOIS TOOL WORKS INC DE 2.02,9.01 06/28/11 IMAGE ENTERTAINMENT INC DE 1.01,1.02,2.03,7.01, 06/23/11 9.01 INDEPENDENCE TAX CREDIT PLUS PROGRAM DE 8.01 06/27/11 INFOSPACE INC DE 2.01,5.02,9.01 06/22/11 INSMED INC VA 8.01,9.01 06/24/11 INSULET CORP DE 1.01,8.01,9.01 06/23/11 interclick, inc. DE 5.07,9.01 06/23/11 International Gold Corp. NV 1.01,3.02,9.01 06/17/11 INX Inc DE 5.02 06/28/11 ITT EDUCATIONAL SERVICES INC DE 1.01,9.01 06/27/11 JMP Group Inc. DE 7.01 06/28/11 Kallo Inc. NV 1.01,9.01 06/27/11 KANSAS CITY SOUTHERN DE 8.01,9.01 06/24/11 KITE REALTY GROUP TRUST MD 7.01,9.01 06/28/11 KOHLS Corp WI 1.01,1.02,9.01 06/23/11 KROGER CO OH 5.07 06/23/11 LABARGE INC DE 1.02,2.01,3.01,3.03, 06/28/11 5.01,5.02,5.03,9.01 LEGACY WINE & SPIRITS INTERNATIONAL L NV 5.02,9.01 08/27/10 LEGACY WINE & SPIRITS INTERNATIONAL L NV 5.02,9.01 08/27/10 LINCOLN NATIONAL CORP IN 9.01 06/24/11 AMEND MANNKIND CORP DE 1.01,5.02 06/24/11 MARRIOTT INTERNATIONAL INC /MD/ DE 8.01,9.01 06/28/11 MASTERCARD INC DE 5.02,9.01 06/28/11 MATRIXX RESOURCE HOLDINGS, INC. DE 8.01 06/28/11 MCCORMICK & CO INC MD 7.01,9.01 06/28/11 MICROMET, INC. DE 5.03,5.07,9.01 06/22/11 MINERALS TECHNOLOGIES INC DE 8.01,9.01 06/27/11 MINN DAK FARMERS COOPERATIVE ND 8.01 06/28/11 MOKITA, INC. NV 4.01,9.01 06/22/11 Mount Knowledge Holdings, Inc. NV 8.01,9.01 06/28/11 Nalco Holding CO 7.01,9.01 06/28/11 NATIONAL PENN BANCSHARES INC PA 5.07 06/28/11 AMEND NATIONAL RETAIL PROPERTIES, INC. MD 8.01,9.01 06/28/11 NATIONAL TECHNICAL SYSTEMS INC /CA/ CA 1.01,2.03,3.02,3.03, 06/27/11 5.03,9.01 NEUSTAR INC 5.07 06/22/11 NEW ENERGY TECHNOLOGIES, INC. 7.01,9.01 06/28/11 NEW YORK MORTGAGE TRUST INC MD 7.01,9.01 06/28/11 NF Energy Saving Corp DE 5.07 06/27/11 NGL Energy Partners LP DE 5.02,7.01,9.01 06/22/11 NGP Capital Resources Co MD 5.02,9.01 06/27/11 NOBLE ROMANS INC IN 5.07 06/22/11 NOVELOS THERAPEUTICS, INC. DE 7.01,9.01 06/28/11 Oculus Innovative Sciences, Inc. CA 1.01,9.01 06/23/11 OFFICEMAX INC DE 1.01,1.02 06/25/11 OGE ENERGY CORP. OK 8.01,9.01 06/28/11 OKLAHOMA GAS & ELECTRIC CO OK 8.01,9.01 06/28/11 OMNI BIO PHARMACEUTICAL, INC. CO 1.01,3.02 06/27/11 ON-AIR IMPACT, INC. NV 8.01 06/22/11 ORGANA GARDENS INTERNATIONAL 5.02,9.01 06/28/11 PATHFINDER BANCORP INC DE 8.01,9.01 06/27/11 People's United Financial, Inc. DE 8.01,9.01 06/27/11 PEP BOYS MANNY MOE & JACK PA 5.02,9.01 06/28/11 PFF BANCORP INC DE 8.01,9.01 06/20/11 PINNACLE AIRLINES CORP DE 1.01,2.03 06/28/11 PINNACLE WEST CAPITAL CORP AZ 8.01,9.01 06/28/11 Plan A Promotions, Inc. UT 1.01,3.02,5.01,5.02 06/22/11 PROGENICS PHARMACEUTICALS INC DE 8.01,9.01 06/28/11 PROGRESS ENERGY INC NC 8.01,9.01 06/28/11 PROGRESS SOFTWARE CORP /MA MA 2.02,9.01 06/28/11 Prologis, Inc. MD 8.01,9.01 06/23/11 RANGE RESOURCES CORP DE 5.02 06/27/11 Raptor Pharmaceutical Corp DE 8.01 06/22/11 RED TRAIL ENERGY, LLC 5.07 06/23/11 RF MONOLITHICS INC /DE/ DE 2.02,9.01 06/28/11 ROWAN COMPANIES INC DE 2.01,7.01,9.01 06/22/11 S1 CORP /DE/ DE 1.01,3.02,8.01,9.01 06/26/11 SAFEGUARD SCIENTIFICS INC PA 2.01,7.01,9.01 06/28/11 SANTANDER DRIVE AUTO RECEIVABLES LLC DE 1.01,8.01,9.01 06/23/11 SCHWEITZER MAUDUIT INTERNATIONAL INC DE 5.07 06/28/11 AMEND SEALY CORP DE 2.02,9.01 06/28/11 SENTRY PETROLEUM LTD. 7.01,9.01 06/28/11 SERVIDYNE, INC. GA 1.01,5.02,8.01,9.01 06/26/11 SHAW GROUP INC LA 2.02,9.01 06/28/11 Shawcore Development Corp NV 5.02 06/17/11 SIEBERT FINANCIAL CORP NY 3.01 06/22/11 SIGA TECHNOLOGIES INC DE 1.01,8.01,9.01 06/24/11 Smart-tek Solutions Inc NV 5.03,8.01 04/15/11 AMEND SOLIGENIX, INC. DE 5.02,5.07,9.01 06/22/11 Somaxon Pharmaceuticals, Inc. DE 8.01 06/28/11 SOUTH DAKOTA SOYBEAN PROCESSORS LLC 5.07 06/21/11 SOUTHERN COMMUNITY FINANCIAL CORP 1.01,9.01 06/23/11 SOUTHERN UNION CO DE 7.01,8.01,9.01 06/27/11 SPARE BACKUP, INC. DE 1.01 06/28/11 SPARTON CORP OH 5.02,9.01 06/22/11 STANLEY BLACK & DECKER, INC. CT 7.01,9.01 06/27/11 STARWOOD HOTEL & RESORTS WORLDWIDE IN MD 5.07 05/05/11 AMEND STEINWAY MUSICAL INSTRUMENTS INC DE 5.07 06/24/11 STRYKER CORP MI 8.01,9.01 06/27/11 SYNNEX CORP DE 2.02,8.01,9.01 06/28/11 TearLab Corp DE 3.02,9.01 06/23/11 TechTarget Inc 5.07 06/24/11 TEL OFFSHORE TRUST TX 2.02,9.01 06/28/11 Texas Roadhouse, Inc. DE 5.02 06/27/11 TIRE INTERNATIONAL ENVIRONMENTAL SOLU NV 1.01,5.02 06/27/11 TRANS LUX CORP DE 5.02 06/22/11 TRANSATLANTIC PETROLEUM LTD. D0 7.01 06/27/11 ULURU INC. NV 5.03,9.01 06/27/11 United Development Funding IV MD 8.01 06/27/11 UNIVERSAL TECHNICAL INSTITUTE INC DE 5.02,9.01 06/28/11 UNIVERSAL TRAVEL GROUP NV 8.01 06/23/11 US ENERGY CORP WY 8.01,9.01 06/28/11 Vantage Drilling CO E9 8.01,9.01 06/22/11 VERISIGN INC/CA DE 1.01,9.01 06/27/11 VICOR CORP DE 5.07 06/23/11 Viking Minerals Inc. NV 1.01 06/23/11 VITRO DIAGNOSTICS INC NV 1.01,8.01,9.01 06/27/11 AMEND VIVUS INC CA 7.01,9.01 06/27/11 WABASH NATIONAL CORP /DE DE 1.01,1.02,2.03,7.01, 06/28/11 9.01 Walker & Dunlop, Inc. MD 1.01,9.01 06/24/11 Warner Music Group Corp. DE 8.01,9.01 06/27/11 WASHINGTON FEDERAL INC WA 8.01 06/27/11 WELLS CORE OFFICE INCOME REIT INC 1.01,2.01,2.03,9.01 06/27/11 WELLS FARGO & CO/MN DE 5.02,9.01 06/28/11 WESTAMERICA BANCORPORATION CA 8.01 06/28/11 WESTERN LIBERTY BANCORP DE 5.07,8.01 06/23/11 WILLIAMS COMPANIES INC DE 7.01,8.01,9.01 06/28/11 WORLD HEART CORP DE 5.07 06/23/11 XCEL ENERGY INC MN 7.01 06/28/11 XCEL ENERGY INC MN 5.07 05/18/11 AMEND XZERES Corp. NV 7.01 06/27/11