SEC Announces July 29 Field Hearing on the State of the Municipal Securities Market
The Securities and Exchange Commission today announced that it will hold a municipal securities market field hearing in Jefferson County, Ala., on July 29. Topics will include distressed communities, small issuers, disclosure, derivatives and pre-trade price transparency.
“Hearing directly from those who are affected by our policies helps to shape better rules,” said Chairman Mary L. Schapiro. “That’s especially the case with municipal securities.”
The event is the third in a series of hearings examining issues that affect investors in the municipal securities market. The first was held in San Francisco in September, 2010, followed by a hearing in December at the SEC’s headquarters in Washington, D.C.
“Our hearing in Jefferson County will allow us to gather real-world insights that are critical to our examination of these timely and important issues,” said SEC Commissioner Elisse Walter, who is chairing the field hearings.
Following the hearings, Commission staff will prepare a report addressing information learned, including their recommendations for further action that the Commission should pursue, which may include Commission rulemaking, changes in industry “best practices,” or legislation by Congress.
The hearing will take place from 8:30 a.m. to 4:00 p.m. on Fri., July 29, at Rosewood Hall, 2850 19th Street South, Homewood, Ala., 35209. The public is welcome to attend. Admission is free. The hearing will be accessible online at www.sec.gov the day of the event, and archived for access afterward.
The Commission has taken several actions regarding municipal securities. In December, it voted to propose a rule creating a new process by which municipal advisors must register with the SEC. In May 2010, the Commission voted to approve rule changes improving the quality and timeliness of municipal securities disclosure. The measures were intended to strengthen existing requirements for the scope of securities covered, the nature of the events that issuers must disclose, and the time period in which disclosure must be made.
The SEC continues to encourage members of the public and other interested parties to submit comments related to the municipal securities market by using the comment form on the SEC website, sending an e-mail to firstname.lastname@example.org, or by telephone at (202) 551-5717.
For more about the Commission's oversight of the municipal securities market, see: http://www.sec.gov/spotlight/municipalsecurities.shtml (Press Rel. 2011-148)
Commission Revokes Registration of Securities of SI Restructuring, Inc. (f/k/a Schlotzsky’s, Inc.) for Failure to Make Required Periodic Filings
On July 15, 2011, the Commission revoked the registration of each class of registered securities of SI Restructuring, Inc. (f/k/a Schlotzsky’s, Inc.) (SI Restructuring) 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, SI Restructuring 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 SI Restructuring, Inc. (f/k/a Schlotzsky’s, 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 SI Restructuring’s securities pursuant to Section 12(j) of the Exchange Act. This Order settled the proceedings brought against SI Restructuring in In the Matter of SHC Corp. (f/k/a Victormaxx Technologies, Inc.), et al., Administrative Proceeding File No. 3-14426.
Brokers and dealers should be alert to the fact that Exchange Act Section 12(j) provides, in pertinent part, as follows:
See Order Making Findings and Revoking Registration of Securities Pursuant to Section 12(j) of the Securities Exchange Act of 1934 as to SI Restructuring, Inc. (f/k/a Schlotzsky’s, Inc.), In the Matter of SHC Corp. (f/k/a Victormaxx Technologies, Inc.), et al., Administrative Proceeding File No. 3-14426, Exchange Act Release No. 34-64894 (July 15, 2011).
Judgment of Permanent Injunction and Other Relief Entered Against Defendants Robert C. Brown, Jr. and Trebor Company and Orders Instituting Administrative Proceedings, Making Findings and Imposing Sanctions Against Robert C. Brown, Jr.
The United States Securities and Exchange Commission (Commission) announced that on July 1, 2011, the Honorable Edward M. Chen, United States District Court Judge for the Northern District of California, entered judgments of permanent injunction against Defendants Robert C. Brown, Jr. and Trebor Company.
The final judgment against Brown and Trebor Company enjoins them from violating Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder and Sections 206(1) and 206(2) of the Investment Advisers of 1940 (Advisers Act).
On July 23, 2008, the Commission filed its complaint against the Defendants alleging that they violated the anti-fraud provisions of the federal securities laws by, among other things, offering a variety of investment programs that falsely promised astronomical returns. One program promised, for example, to double investor money in eight months. The complaint also alleged that Brown raised more than $20 million. Instead of investing that money, however, Brown transferred millions of dollars to himself and spent the money on lavish personal expenses.
On April 6, 2010, Brown pleaded guilty to one count of wire fraud in a parallel criminal action brought by the United States Attorney’s Office for the Eastern District of California. Later this year, Brown will be sentenced to prison and ordered to pay restitution to the victims of his fraud. See Securities and Exchange Commission v. Robert C. Brown, Jr., Et Al., Civil Action No. 3:08-Cv-03517 EMC (N.D. Ca.)(LR-22038).
In addition to the relief described above, Brown consented to the entry of an order, without admitting or denying any of the findings in the Order, except he admitted entry of the injunction and conviction, in a separate Commission administrative proceeding barring him permanently, pursuant to Section 203(f) of the Advisers Act, from associating with any broker, dealer, investment adviser, municipal securities dealer, municipal advisor, transfer agent, or nationally recognized statistical ratings organization. (Rel. IA-3240; File No. 3-14468).
SEC Charges Operator of $21 Million Forex Ponzi Scheme
The Securities and Exchange Commission on July 14, 2011 filed fraud charges against the CEO of a purported foreign currency trading firm, alleging he scammed hundreds of investors with false promises of high, fixed-rate returns while secretly using their money to fund his start-up alternative newspaper.
First Capital Savings & Loan Ltd. Chief Executive Jeffery A. Lowrance, who had fled to Peru and was arrested there earlier this year, was arraigned today on criminal fraud charges in a 2010 indictment filed by the United States Attorney’s Office for the Northern District of Illinois. In addition, the Commodity Futures Trading Commission filed fraud charges Thursday against Lowrance and First Capital.
The SEC alleges that Lowrance raised approximately $21 million from investors in at least 26 states, including California, Oregon, Illinois, and Utah by promising huge profits from a specialized foreign currency trading program. In reality, First Capital conducted little foreign currency trading, lost money on the little trading that it conducted, and never engaged in any profitable business operations. Lowrance targeted investors by purporting to share their Christian values and limited-government political views. He solicited investors through, among other things, ads in his start-up newspaper USA Tomorrow, which he distributed at a September 2, 2008 political rally in Minneapolis, Minnesota.
According to the SEC’s complaint, filed in federal district court in San Jose, California, Lowrance and First Capital promised investors a “predictable monthly income,” with monthly returns up to 7.15 percent through foreign currency trading. Some investors were told their investment was guaranteed, and were given bogus letters of credit. First Capital also published a spreadsheet purporting to show its multi-year history of profitable trades. In fact, the trades were fictitious. Instead of engaging in foreign currency trading as claimed, Lowrance and First Capital secretly diverted investor funds to pay fake returns to other, earlier investors, to pay Lowrance (despite his failure to earn a profit for the investors), and to fund his newspaper.
Lowrance’s scheme began to unravel in June 2008 and Lowrance and First Capital had lost all of the investors’ money by September 2008. Nevertheless, Lowrance solicited at least an additional $1 million from at least 36 investors between June 2008 and February 2009 by continuing to tout First Capital’s fictitious high returns, the SEC alleges.
The Commission’s complaint alleges Lowrance and First Capital violated Sections Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder and Sections 5 and 17(a) of the Securities Act of 1933, and seeks disgorgement, penalties, and other relief. (LR-22040; Press Rel. 2011-147).
A proposed rule change filed by the NASDAQ Stock Market LLC to modify Rule 7027 of the NASDAQ Pricing Schedule (SR-NASDAQ-2011-093) 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 July 18th. (Rel. 34-64885)
A proposed rule change filed by NASDAQ OMX BX, Inc. to modify Rule 7027 of the NASDAQ OMX BX pricing schedule (SR-BX-2011-042) 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 July 18th. (Rel. 34-64886)
A proposed rule change filed by NYSE Amex LLC (SR-NYSEAMEX-2011-51) has become effective pursuant to Section 19(b)(3)(A) of the Securities Exchange Act of 1934 to conform certain of its financial responsibility and related operational Rules to a recently-approved rule change by the Financial Industry Regulatory Authority. Publication is expected in the Federal Register during the week of July 18th. (Rel. 34-64887)
A proposed rule change filed by New York Stock Exchange, LLC (SR-NYSE-2011-33) has become effective pursuant to Section 19(b)(3)(A) of the Securities Exchange Act of 1934 to conform certain of its financial responsibility and related operational Rules to a recently-approved rule change by the Financial Industry Regulatory Authority. Publication is expected in the Federal Register during the week of July 18th. (Rel. 34-64888)
A proposed rule change filed by Chicago Board Options Exchange, Incorporated (SR-CBOE-2011-068) has become effective pursuant to Section 19(b)(3)(A) of the Securities Exchange Act of 1934 to extend the credit option margin pilot program to January 17, 2012. Publication is expected in the Federal Register during the week of July 18th. (Rel. 34-64893)
Approval of Proposed Rule Changes
The Commission granted accelerated approval to a proposed rule change (SR-FINRA-2011-034) filed by the Financial Industry Regulatory Authority, Inc pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934 to amend FINRA Rule 4240 (Margin Requirements for Credit Default Swaps). Publication is expected in the Federal Register during the week of July 18th. (Rel. 34-64892)
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 ADCARE HEALTH SYSTEMS INC, 5057 TROY RD, SPRINGFEILD, OH, 45502, 937-964-8974 - 0 ($8,069,828.00) Equity, (File 333-175541 - Jul. 14) (BR. 11A) S-8 GOLDEN STAR RESOURCES LTD, 10901 WEST TOLLER DRIVE, SUITE 300, LITTLETON, CO, 80127, 3038309000 - 0 ($18,675,000.00) Equity, (File 333-175542 - Jul. 14) (BR. 04A) S-8 INTERVEST BANCSHARES CORP, 1 ROCKEFELLER PLAZA, SUITE 400, NEW YORK, NY, 10020-2002, 2122182800 - 750,000 ($2,407,500.00) Equity, (File 333-175544 - Jul. 14) (BR. 07B) S-8 BCB BANCORP INC, 860 BROADWAY, BAYONNE, NJ, 07002, 0 ($1.00) Other, (File 333-175545 - Jul. 14) (BR. 07A) F-3 TOP IMAGE SYSTEMS LTD, 2 HABARZEL ST, TEL AVIV 69710 ISRA, L3, 00000, 01197236487722 - 1,866,750 ($4,330,860.00) Equity, (File 333-175546 - Jul. 14) (BR. 03B) S-3 Kennedy-Wilson Holdings, Inc., 9701 WILSHIRE BLVD., SUITE 700, BEVERLY HILLS, CA, 90210, 310-887-6400 - 0 ($58,800,000.00) Equity, (File 333-175559 - Jul. 14) (BR. 08B) F-10 TANZANIAN ROYALTY EXPLORATION CORP, SUITE 404 ? 1688 152ND STREET, SOUTH SURREY, A1, V4A 4N2, (604) 536-7873 - 8,771,188 ($56,411,027.10) Equity, (File 333-175560 - Jul. 14) (BR. 04B) S-8 HOMEFED CORP, 1903 WRIGHT PLACE, STE 220, CARLSBAD, CA, 92008, 7609188200 - 400,000 ($8,552,000.00) Equity, (File 333-175563 - Jul. 14) (BR. 08B) S-8 BioDrain Medical, Inc., 2060 CENTRE POINTE BOULEVARD, SUITE 7, MENDOTA HEIGHTS, MN, 55120, (612) 850-9460 - 4,000,000 ($1,080,000.00) Equity, (File 333-175565 - Jul. 14) (BR. 10A) S-3 Dialogic Inc., 926 ROCK AVENUE, SUITE 20, SAN JOSE, CA, 95131, 4087509575 - 3,000,000 ($12,840,000.00) Equity, 0 ($100,000,000.00) Unallocated (Universal) Shelf, (File 333-175566 - Jul. 14) (BR. 03C) S-4 ENERGY PARTNERS LTD, 201 ST CHARLES AVENUE, NEW ORLEANS, LA, 70170, 5045691875 - 210,000,000 ($210,000,000.00) Non-Convertible Debt, (File 333-175567 - Jul. 14) (BR. 04A) S-8 SCIENTIFIC LEARNING CORP, 300 FRANK H. OGAWA PLAZA, STE 600, OAKLAND, CA, 94612-2040, 5104443500 - 500,000 ($1,525,000.00) Equity, (File 333-175568 - Jul. 14) (BR. 11C) S-8 ENERGY PARTNERS LTD, 201 ST CHARLES AVENUE, NEW ORLEANS, LA, 70170, 5045691875 - 1,237,000 ($18,833,325.00) Equity, (File 333-175569 - Jul. 14) (BR. 04A) S-4 ISLE OF CAPRI CASINOS INC, 600 EMERSON ROAD, SUITE 300, SAINT LOUIS, MO, 63141, 3148139200 - 0 ($300,000,000.00) Debt, (File 333-175570 - Jul. 14) (BR. 08B) S-4 NORCRAFT COMPANIES LP, C/O MID CONTINENT CABINETRY, 3020 DENMARK AVE #100, EAGAN, MN, 55121, 6512343300 - 0 ($60,000,000.00) Non-Convertible Debt, (File 333-175571 - Jul. 14) (BR. 06B) S-1 XFONE INC., 5307 W LOOP 289, LUBBOCK, TX, 79414, 8067715212 - 21,119,488 ($6,335,846.40) Equity, (File 333-175572 - Jul. 14) (BR. 11A) S-1 ENDOCYTE INC, 3000 KENT AVE STE A1-100, WEST LAFAYETTE, IN, 47906, 7654637175 - 0 ($78,005,593.00) Equity, (File 333-175573 - Jul. 14) (BR. 01A) S-4 BROWN SHOE CO INC, 8300 MARYLAND AVE, P O BOX 29, ST LOUIS, MO, 63105, 3148544000 - 0 ($200,000,000.00) Non-Convertible Debt, (File 333-175574 - Jul. 14) (BR. 09B) S-8 FEEL GOLF CO INC, 107 COMMERCE WAY, SANFORD, FL, 32771, 321-397-2072 - 86,260,000 ($25,878.00) Equity, (File 333-175576 - Jul. 14) (BR. 05C)
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 Affinion Group, Inc. DE 7.01 07/14/11 ALCOA INC PA 2.02,9.01 07/11/11 All American Gold Corp. WY 1.01,5.02,9.01 07/01/11 ALLIANCE DATA SYSTEMS CORP DE 7.01,9.01 07/14/11 ALLIANCE FINANCIAL CORP /NY/ NY 2.02,9.01 07/14/11 ALLIANT TECHSYSTEMS INC DE 5.02,9.01 07/11/11 American Energy Development Corp. NV 5.03,9.01 07/12/11 AMERICAN PUBLIC EDUCATION INC DE 7.01 07/14/11 ANGIODYNAMICS INC DE 2.02,9.01 07/14/11 Anoteros, Inc. NV 4.01,9.01 07/14/11 Apollo Medical Holdings, Inc. DE 1.01 07/08/11 APPLIED DNA SCIENCES INC DE 1.01,9.01 07/08/11 AQUA AMERICA INC PA 1.01 07/08/11 ARGAN INC DE 5.02,9.01 07/08/11 Bacterin International Holdings, Inc. DE 1.01,2.01,5.03,5.07, 07/08/11 9.01 BANK OF THE OZARKS INC AR 2.02,7.01,9.01 07/13/11 Baron Energy Inc. NV 3.02,5.02 07/11/11 BASSETT FURNITURE INDUSTRIES INC VA 2.01,9.01 07/14/11 BILL BARRETT CORP 7.01,9.01 07/14/11 BIOLASE TECHNOLOGY INC DE 2.02,9.01 07/13/11 Bitzio, Inc. NV 1.01 07/13/11 Black Elk Energy Offshore Operations, TX 9.01 07/14/11 AMEND BLUEGREEN CORP MA 8.01 07/12/11 BlueLinx Holdings Inc. DE 1.01,9.01 07/14/11 CADENCE PHARMACEUTICALS INC 8.01 07/13/11 Cardium Therapeutics, Inc. DE 8.01,9.01 07/12/11 CASEYS GENERAL STORES INC IA 7.01 07/14/11 CATALYST HEALTH SOLUTIONS, INC. DE 5.02,9.01 07/13/11 CENTER BANCORP INC NJ 5.02,9.01 07/08/11 CEPHALON INC DE 5.07,8.01,9.01 07/14/11 CHEMUNG FINANCIAL CORP NY 1.01 07/13/11 CHESAPEAKE ENERGY CORP OK 7.01,9.01 07/11/11 CHEVIOT FINANCIAL CORP 8.01,9.01 07/12/11 CHICOPEE BANCORP, INC. 5.07 05/25/11 AMEND China Armco Metals, Inc. NV 5.07,9.01 07/09/11 China Armco Metals, Inc. NV 5.02,9.01 07/09/11 China Direct Industries, Inc. FL 7.01,9.01 07/13/11 China Lithium Technologies Inc. 5.02 07/14/11 China Modern Agricultural Information NV 1.01,9.01 07/10/11 CIBER INC DE 5.02,9.01 07/14/11 COMERICA INC /NEW/ 8.01,9.01 07/13/11 COMMERCE BANCSHARES INC /MO/ MO 2.02,9.01 07/14/11 COMMERCE GROUP CORP /WI/ WI 4.02,8.01 07/12/11 COMPETITIVE TECHNOLOGIES INC DE 3.02 07/14/11 Computer Vision Systems Laboratories DE 1.01,9.01 05/13/11 COMVERSE TECHNOLOGY INC/NY/ NY 8.01 07/13/11 CONOCOPHILLIPS DE 5.02,7.01,9.01 07/14/11 Copano Energy, L.L.C. 8.01,9.01 07/13/11 CROWN MEDIA HOLDINGS INC DE 1.01,1.02,2.03,9.01 07/14/11 CUBIST PHARMACEUTICALS INC DE 2.02,9.01 07/14/11 CUMMINS INC IN 5.02,9.01 07/14/11 DELCATH SYSTEMS INC DE 8.01,9.01 07/14/11 DELTATHREE INC DE 2.03 07/13/11 DGSE COMPANIES INC NV 1.01,9.01 07/14/11 Digital Realty Trust, Inc. 8.01,9.01 07/14/11 DOLE FOOD CO INC DE 1.01,9.01 07/08/11 DORCHESTER MINERALS, L.P. DE 2.02,7.01,9.01 07/14/11 EL PASO CORP/DE DE 8.01,9.01 07/13/11 ELECTRONIC ARTS INC. DE 7.01,9.01 07/14/11 EMERSON RADIO CORP DE 2.02,9.01 07/14/11 ENB Financial Corp PA 2.02,9.01 07/13/11 Energy Transfer Equity, L.P. DE 7.01,8.01,9.01 07/13/11 ENTECH SOLAR, INC. DE 1.01,3.02,9.01 07/13/11 Entertainment Gaming Asia Inc. NV 1.01,8.01,9.01 07/13/11 EQUITY RESIDENTIAL MD 1.01,2.03,9.01 07/13/11 ExamWorks Group, Inc. DE 7.01,8.01,9.01 07/14/11 Excel Trust, Inc. MD 2.01,7.01,9.01 07/11/11 EXELIXIS INC DE 1.02 07/08/11 Exmovere Holdings, Inc. NV 3.03 06/29/11 EXTERRAN HOLDINGS INC. DE 1.01,1.02,2.03,8.01, 07/08/11 9.01 EXTREME NETWORKS INC DE 2.02,2.05,9.01 07/11/11 FAIRCHILD SEMICONDUCTOR INTERNATIONAL DE 2.02 07/14/11 Federal Home Loan Bank of Atlanta X1 2.03 07/14/11 Federal Home Loan Bank of Boston X1 2.03 07/11/11 Federal Home Loan Bank of Chicago X1 2.03 07/11/11 Federal Home Loan Bank of Cincinnati X1 2.03,9.01 07/11/11 Federal Home Loan Bank of Des Moines X1 2.03,9.01 07/12/11 Federal Home Loan Bank of Indianapolis X1 2.03,9.01 07/14/11 Federal Home Loan Bank of New York X1 2.03,9.01 07/11/11 Federal Home Loan Bank of Pittsburgh PA 2.03,9.01 07/11/11 Federal Home Loan Bank of San Francis X1 2.03 07/11/11 Federal Home Loan Bank of Seattle 2.03 07/11/11 Federal Home Loan Bank of Topeka 2.03,9.01 07/11/11 Fifth Street Finance Corp DE 1.01,2.03,9.01 07/08/11 First Advantage Bancorp 8.01,9.01 07/14/11 FIRST CITIZENS BANCSHARES INC /DE/ DE 8.01,9.01 07/08/11 FIRST FEDERAL BANCSHARES OF ARKANSAS TX 5.02 05/03/11 AMEND FIRST SECURITY GROUP INC/TN TN 4.01,9.01 07/08/11 FIRST SOLAR, INC. DE 1.01,9.01 07/11/11 FISHER COMMUNICATIONS INC WA 7.01,9.01 07/13/11 FLIR SYSTEMS INC OR 2.02,9.01 07/14/11 FLUIDIGM CORP DE 8.01,9.01 07/14/11 FOREST CITY ENTERPRISES INC OH 8.01,9.01 07/13/11 FREQUENCY ELECTRONICS INC DE 2.02,9.01 07/13/11 FULLER H B CO MN 7.01,9.01 07/11/11 FXCM Inc. 7.01,9.01 07/14/11 GASCO ENERGY INC NV 7.01,9.01 07/13/11 General Maritime Corp / MI 1.01,9.01 07/13/11 GFI Group Inc. DE 7.01,9.01 07/14/11 GOLD STANDARD MINING CORP. NV 1.01,9.01 07/08/11 GOLDEN GRAIN ENERGY IA 1.01 07/13/11 GOLDEN PHOENIX MINERALS INC NV 3.02,7.01,9.01 07/12/11 Google Inc. DE 2.02,8.01,9.01 07/14/11 GREEN DOT CORP DE 7.01 07/14/11 GRIFFIN LAND & NURSERIES INC DE 5.07 05/10/11 AMEND GUIDED THERAPEUTICS INC DE 7.01,9.01 07/14/11 Gulf United Energy, Inc. NV 7.01,9.01 07/14/11 HAMPTON ROADS BANKSHARES INC VA 1.01,8.01,9.01 07/14/11 HAMPTON ROADS BANKSHARES INC VA 8.01,9.01 07/14/11 Home Federal Bancorp, Inc. of Louisia LA 5.02,7.01,9.01 07/13/11 HOMEFED CORP DE 8.01 07/14/11 HUMAN GENOME SCIENCES INC DE 8.01,9.01 07/14/11 Hyatt Hotels Corp DE 1.01,7.01,9.01 07/13/11 IF Bancorp, Inc. MD 5.02,5.03,9.01 07/12/11 IMPERIAL CAPITAL BANCORP, INC. DE 1.03,9.01 06/28/11 INDEPENDENT BANK CORP MA 2.02,7.01,9.01 07/14/11 Infusion Brands International, Inc. NV 1.01,3.02,5.02,9.01 07/08/11 INOLIFE TECHNOLOGIES, INC. 1.01,3.02,9.01 07/11/11 INTEGRAL SYSTEMS INC /MD/ MD 8.01 07/13/11 INTERCONTINENTALEXCHANGE INC 1.01,9.01 07/13/11 INTERNATIONAL ISOTOPES INC TX 5.07 07/12/11 J P MORGAN CHASE & CO DE 2.02,9.01 07/14/11 J P MORGAN CHASE & CO DE 7.01,9.01 07/14/11 KINETIC CONCEPTS INC TX 1.01,9.01 07/12/11 KINETIC CONCEPTS INC TX 8.01,9.01 07/14/11 KRAFT FOODS INC VA 5.02,9.01 07/13/11 KRATOS DEFENSE & SECURITY SOLUTIONS, DE 8.01,9.01 07/14/11 LABORATORY CORP OF AMERICA HOLDINGS DE 8.01 07/14/11 LAKE AREA CORN PROCESSORS LLC SD 5.07 05/24/11 AMEND LAKELAND BANCORP INC NJ 2.02,8.01,9.01 07/14/11 LAMPERD LESS LETHAL INC NV 8.01 07/14/11 LEFT BEHIND GAMES INC. WA 7.01,9.01 07/14/11 LEXARIA CORP. NV 3.02,7.01,9.01 07/14/11 LMI AEROSPACE INC MO 1.01,5.02,9.01 07/11/11 LOCAL.COM DE 1.02,2.01,3.02,9.01 07/08/11 Location Based Technologies, Inc. NV 7.01,9.01 07/11/11 LYFE Communications, Inc. UT 7.01,9.01 06/22/11 Massive Dynamics, Inc. NV 1.01,9.01 07/11/11 MEADOWBROOK INSURANCE GROUP INC MI 8.01,9.01 07/13/11 MEDTOX SCIENTIFIC INC DE 2.02,9.01 07/14/11 METRO BANCORP, INC. 5.02 07/14/11 MINDEN BANCORP, INC. LA 5.02,7.01 07/12/11 MISSION WEST PROPERTIES INC CA 2.02,9.01 07/13/11 MMRGlobal, Inc. DE 1.01 07/11/11 Motors Liquidation Co DE 5.03,9.01 07/08/11 MTR GAMING GROUP INC DE 8.01,9.01 07/14/11 NATIONAL BANKSHARES INC VA 2.02,9.01 07/14/11 NATIONAL HEALTH INVESTORS INC MD 2.01,9.01 07/13/11 NeoStem, Inc. DE 1.01,3.02,8.01,9.01 07/11/11 Neuralstem, Inc. DE 7.01,9.01 07/14/11 NewStar Financial, Inc. 2.03,9.01 07/12/11 NIVS IntelliMedia Technology Group, I DE 5.02 07/11/11 Nova Mining CORP NV 5.02,9.01 03/31/11 Ocean Power Technologies, Inc. NJ 2.02,9.01 07/14/11 OFFICE DEPOT INC DE 5.02,9.01 07/13/11 OMEGA HEALTHCARE INVESTORS INC MD 8.01,9.01 07/14/11 ONEOK INC /NEW/ OK 7.01,9.01 07/14/11 ONEOK Partners LP DE 7.01,9.01 07/14/11 ORRSTOWN FINANCIAL SERVICES INC PA 2.06 07/12/11 PACIFIC OFFICE PROPERTIES TRUST, INC. MD 7.01 07/14/11 PANTRY INC DE 5.02,9.01 07/11/11 PCS EDVENTURES COM INC ID 2.03,9.01 03/31/11 AMEND PEABODY ENERGY CORP DE 8.01 07/11/11 Pebblebrook Hotel Trust MD 3.03,5.03,7.01,8.01, 07/12/11 9.01 PEREGRINE PHARMACEUTICALS INC DE 2.02,7.01,9.01 07/14/11 POINDEXTER J B & CO INC DE 2.02,9.01 07/13/11 PROASSURANCE CORP DE 7.01,9.01 07/12/11 PROGRESSIVE CORP/OH/ OH 2.02,9.01 07/14/11 Puda Coal, Inc. 4.01,4.02,8.01,9.01 07/07/11 QAD INC DE 1.01,1.02,2.03,9.01 07/08/11 QUAINT OAK BANCORP INC 7.01,9.01 07/13/11 QUANTRX BIOMEDICAL CORP NV 8.01,9.01 07/14/11 RAMTRON INTERNATIONAL CORP DE 5.02 07/11/11 Rand Logistics, Inc. DE 1.01,9.01 07/08/11 REAL ESTATE ASSOCIATES LTD V CA 2.01,9.01 07/11/11 Renewable Energy Group, Inc. 8.01,9.01 07/12/11 RESOURCES CONNECTION INC DE 2.02,9.01 07/14/11 Rockville Financial, Inc. /CT/ CT 8.01,9.01 07/08/11 ROLLINS INC DE 8.01,9.01 07/13/11 rue21, inc. DE 1.01,1.02,2.03,9.01 07/08/11 RXI PHARMACEUTICALS CORP 1.01,8.01,9.01 07/11/11 S1 CORP /DE/ DE 8.01 07/08/11 SECTOR 10 INC DE 4.01,8.01 07/14/11 SIGMA DESIGNS INC CA 5.02,5.07,9.01 07/08/11 SILLENGER EXPLORATION CORP. NV 1.01,9.01 07/14/11 SkyPeople Fruit Juice, Inc FL 1.01,5.03 07/11/11 SL GREEN REALTY CORP MD 2.01,9.01 07/14/11 SOLIGENIX, INC. DE 5.02,9.01 07/12/11 SONO TEK CORP NY 7.01,9.01 07/11/11 SOUNDBITE COMMUNICATIONS INC 5.02,9.01 07/08/11 SOUTHERN UNION CO DE 7.01,8.01,9.01 07/14/11 SOUTHWESTERN ENERGY CO DE 5.02,9.01 07/08/11 SPHERIX INC DE 7.01,9.01 07/14/11 STAR GAS PARTNERS LP DE 2.02,7.01,9.01 07/14/11 STRATS (SM) TRUST FOR JPMORGAN CHASE 8.01,9.01 07/01/11 STRATS SM TRUST FOR IBM CORP SEC SERI 8.01,9.01 06/29/11 Strats(SM) Trust for JPMorgan Chase C 8.01,9.01 07/01/11 STRATS(SM) Trust For Morgan Stanley S 8.01,9.01 06/01/11 SUNRISE SENIOR LIVING INC DE 9.01 06/02/11 AMEND SUNWIN INTERNATIONAL NEUTRACEUTICALS, 7.01,9.01 07/13/11 SYNOPSYS INC DE 5.02,9.01 07/11/11 TECUMSEH PRODUCTS CO MI 5.02,9.01 07/10/11 Telanetix,Inc DE 1.02,5.02,9.01 07/08/11 Texas Rare Earth Resources Corp. NV 8.01,9.01 07/14/11 THERMO FISHER SCIENTIFIC INC. DE 5.02,5.03,9.01 07/12/11 Tongji Healthcare Group, Inc. NV 4.01 07/11/11 TREX CO INC DE 2.02,9.01 07/12/11 Tri-Tech Holding, Inc. E9 8.01,9.01 07/14/11 TRIMBLE NAVIGATION LTD /CA/ CA 2.01,9.01 07/13/11 TRIUMPH GROUP INC DE 8.01 07/14/11 UNITED BANKSHARES INC/WV WV 2.01,5.02 07/08/11 United Continental Holdings, Inc. DE 2.02,2.04,9.01 07/08/11 Valeant Pharmaceuticals International A6 1.01,8.01,9.01 07/08/11 VENTRUS BIOSCIENCES INC DE 1.01,8.01,9.01 07/13/11 VERINT SYSTEMS INC DE 5.02,8.01,9.01 07/10/11 VERISIGN INC/CA DE 7.01,9.01 07/14/11 VICAL INC DE 1.01,9.01 07/14/11 VIEWCAST COM INC DE 5.02,9.01 07/12/11 WACCAMAW BANKSHARES INC NC 3.02,8.01,9.01 03/31/11 WARWICK VALLEY TELEPHONE CO NY 1.01,9.01 07/14/11 WELLS REAL ESTATE FUND XIV LP GA 1.01 07/13/11 WELLS REAL ESTATE INVESTMENT TRUST II MD 1.01,2.03 07/08/11 WILLIAMS COMPANIES INC DE 8.01,9.01 07/14/11 WILLIAMS SONOMA INC CA 5.02 07/08/11 Yasheng Group CA 1.01 07/13/11 YRC Worldwide Inc. DE 7.01 07/14/11 YUM BRANDS INC NC 2.02,9.01 07/13/11