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U.S. Securities and Exchange Commission

SEC News Digest

Issue 2011-144
July 27, 2011

Commission Announcements

SEC Staff Issues Summary Report of Sweep Examination of Structured Products Sold to Retail Investors

The Securities and Exchange Commission staff today issued a report identifying common weaknesses seen in sales of structured securities products and describing measures by broker-dealers to better protect retail investors from fraud and abusive sales practices.

The report summarizes the results of a sweep examination of the retail structured securities products business of 11 broker-dealers, covering a cross-section of the industry. Structured securities products generally do not represent ownership of a particular asset (such as stock in a manufacturing company); instead, the products promise returns to investors based on the performance of one or more underlying assets.

Among other things, the staff observed that broker-dealers might have:

  • recommended unsuitable structured securities products to retail investors;
  • traded at prices disadvantageous to retail investors;
  • omitted material facts about structured securities products offered to retail investors;
  • engaged in questionable sales practices with customers.

Potential supervisory deficiencies were observed as well. In particular, there appears to have been a lack of training requirements for supervisors and registered representatives that market structured products to their customers. The report contains recommendations for improved surveillance of sales practices and enhanced training for sales and supervisory personnel.

“Sales of structured products to retail investors have increased over recent years and may continue to increase as they are marketed as a higher return investment alternative,” said Carlo di Florio, Director of the SEC’s Office of Compliance Inspections and Examinations. “This report could help companies strengthen their compliance programs to better address the issues we observed during our sweep and in subsequent exams.”

Mr. di Florio added, “Beyond this report, we are monitoring the way in which these products evolve, and are considering additional steps in the near future relating to structured securities products that may further bolster investor protection.”

The staff report states that larger broker-dealers should focus on issues such as:

  • having adequate procedures and controls to prevent and detect possible abuses in the secondary market for structured securities products;
  • disclosing material facts regarding the structured securities products being offered;
  • requiring registered representatives and their supervisors to complete specialized training in structured securities products before selling these products to customers;
  • accurately listing structured securities products on customer statements;
  • having controls to independently review their desk prices of structured securities products in the secondary market;
  • having controls to adequately review the suitability of these products for customers; and
  • having controls to review customer concentrations in the structured securities products it sold.

The staff report states that smaller retail broker-dealers should focus on:

  • the suitability of structured securities products recommended to retail customers;
  • establishing, maintaining and enforcing proper supervisory procedures relating to suitability determination for purchasers of structured securities products; and
  • having adequate training for registered representatives who sell structured securities products and for their supervisors.

The examinations underlying the report, which concluded in 2009, were conducted by the following staff from the Office of Compliance Inspections and Examinations:

New York Regional Office: John M. Nee, Rosanne R. Smith, Linda Lettieri, Sonam Varghese, Lourdes Caballes, Ethan J. Allfree, Ellen N. Hersh, Jennifer Fournier, Susan Castillo, Kathleen Kuzmen, Dee-Ann DiSalvo, Christy Wolanski, Tamara R. Heller, Sarah J. Curran and Savitri Singh.

Chicago Regional Office: Thomas F. Murphy, Daniel R. Gregus, James J. Malo, Marianne E. Neidhart, Joshua M. Herbst, Stephen G. Vilim, John G. Haworth, Edward W. Holland, Ambar Freyre, David W. Kinsella, Christopher Caprio, Anna M. Mieszaniec, Thomas P. Conroy and John T. Brodersen. (Press Rel. 2011-157)

Enforcement Proceedings

Commission Declares Decision as to Erez Bahar, CA Final

The Commission has declared final an initial decision denying temporarily Erez Bahar, CA, the privilege of appearing or practicing before the Commission as an accountant for a period of two years.

The initial decision found that Erez Bahar, a licensed Chartered Accountant (CA) in Canada since 2004, supervised the field work for the audit of the 2007 financial statements of International Commercial Television, Inc. (ICTV). ICTV had been a public company since 2002. It sold products through infomercials.

The initial decision found that Bahar engaged in improper professional conduct within the meaning of Section 4 of the Securities Exchange Act of 1934 and Rule 102(e)(1)(ii) of the Commission's Rules of Practice. The initial decision concluded that Bahar had failed to properly plan the audit and to exercise professional skepticism in the face of several red flags. Further, Bahar's course of conduct failed to detect improper revenue recognition by ICTV that materially overstated revenue and net income.

The initial decision also found that in 2010, ICTV settled charges stemming from the events at issue in this proceeding in a civil action brought by the Commission; the court enjoined ICTV from violating the reporting and record-keeping provisions of the Exchange Act. SEC v. Int'l Commercial Television, Inc., No. 3:10-cv-05555-BHS (W.D. Wash. Sept. 8, 2010). (Rel. 34-64970; AAE Rel. 3306; File No. 3-13997)

Securities and Exchange Commission Orders Hearing on Registration Suspension or Revocation Against Seven Public Companies for Failure to Make Required Periodic Filings

Today the Commission instituted public administrative proceedings to determine whether to revoke or suspend for a period not exceeding twelve months the registrations of each class of the securities of seven companies for failure to make required periodic filings with the Commission:

  • Derand Real Estate Investment Trust
  • DeRose Industries, Inc.
  • Direct Connect International, Inc.
  • Directcom, Inc. (n/k/a Directcom Marketing, Inc.)
  • Diversified Historic Investors II
  • Diversified Historic Investors III
  • Domestic Fundings, Inc.

In this Order, the Division of Enforcement (Division) alleges that the seven issuers are delinquent in their required periodic filings with the Commission.

In this proceeding, instituted pursuant to Exchange Act Section 12(j), a hearing will be scheduled before an Administrative Law Judge. At the hearing, the Administrative Law Judge will hear evidence from the Division and the Respondents to determine whether the allegations of the Division contained in the Order, which the Division alleges constitute failures to comply with Exchange Act Section 13(a) and Rules 13a-1 and 13a-13 thereunder, are true. The Administrative Law Judge in the proceeding will then determine whether the registrations pursuant to Exchange Act Section 12 of each class of the securities of these Respondents should be revoked or suspended for a period not exceeding twelve months. The Commission ordered that the Administrative Law Judge in this proceeding issue an initial decision not later than 120 days from the date of service of the order instituting proceedings. (Rel. 34-64971; File No. 3-14489)

Commission Revokes Registration of Securities of Medicor Ltd. for Failure to Make Required Periodic Filings

On July 27, 2011, the Commission revoked the registration of each class of registered securities of Medicor Ltd. 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, Medicor Ltd. 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 Medicor Ltd. 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 Medicor Ltd.’s securities pursuant to Section 12(j) of the Exchange Act. This Order settled the proceedings brought against Medicor Ltd. in In the Matter of M.B.A. Holdings, Inc., et al., Administrative Proceeding File No. 3-14466.

Brokers and dealers should be alert to the fact that Exchange Act Section 12(j) provides, in pertinent part, as follows:

No member of a national securities exchange, broker, or dealer shall make use of the mails or any means or instrumentality of interstate commerce to effect any transaction in, or to induce the purchase or sale of, any security the registration of which has been and is suspended or revoked . . . .

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 M.B.A. Holdings, Inc., et al., Administrative Proceeding File No. 3-14466, Exchange Act Release No. 64881, July 14, 2011. (Rel. 34-64972; File No. 3-14466)

SEC Charges Liquor Giant Diageo with FCPA Violations

The Securities and Exchange Commission today charged one of the world’s largest producers of premium alcoholic beverages with widespread violations of the Foreign Corrupt Practices Act (FCPA) stemming from more than six years of improper payments to government officials in India, Thailand, and South Korea.

The Commission found that London-based Diageo plc paid more than $2.7 million through its subsidiaries to obtain lucrative sales and tax benefits relating to its Johnnie Walker and Windsor Scotch whiskeys, among other brands. Diageo agreed to pay more than $16 million to settle the Commission’s charges. The company also agreed to cease and desist from further violations of the FCPA’s books and records and internal controls provisions.

According to the Commission’s order instituting settled administrative proceedings against Diageo, the company made more than $1.7 million in illicit payments to hundreds of government officials in India from 2003 to mid-2009. The officials were responsible for purchasing or authorizing the sale of its beverages in India, and increased sales from these payments yielded more than $11 million in profit for the company.

The Commission also found that from 2004 to mid-2008, Diageo paid approximately $12,000 per month – totaling nearly $600,000 – to retain the consulting services of a Thai government and political party official. This official lobbied other high-ranking Thai government officials extensively on Diageo’s behalf in connection with pending multi-million dollar tax and customs disputes, contributing to Diageo’s receipt of certain favorable decisions by the Thai government.

According to the Commission’s order, Diageo also paid 100 million in Korean currency (more than $86,000 in U.S. dollars) to a customs official in South Korea as a reward for his role in the government’s decision to grant Diageo significant tax rebates. Diageo also improperly paid travel and entertainment expenses for South Korean customs and other government officials involved in these tax negotiations. Separately, Diageo routinely made hundreds of gift payments to South Korean military officials in order to obtain and retain liquor business.

The Commission’s order found that Diageo and its subsidiaries failed properly to account for these illicit payments in their books and records. Instead, they concealed the payments to government officials by recording them as legitimate expenses for third-party vendors or private customers, or categorizing them in false or overly vague terms or, in some instances, failing to record them at all. Diageo lacked sufficient internal controls to detect and prevent the wrongful payments and improper accounting.

The Commission’s order found that Diageo violated Sections 13(b)(2)(A) and 13(b)(2)(B) of the Securities Exchange Act of 1934. Without admitting or denying the findings, Diageo agreed to cease and desist from further violations and pay $11,306,081 in disgorgement, prejudgment interest of $2,067,739, and a financial penalty of $3 million. Diageo cooperated with the SEC’s investigation and implemented certain remedial measures, including the termination of employees involved in the misconduct and significant enhancements to its FCPA compliance program. (Rel. 34-64978; AAE Rel. 3307; File No. 3-14490)\

In the Matter of Gordon Brent Pierce

On July 27, 2011, an Administrative Law Judge issued an Initial Decision as to Respondent Gordon Brent Pierce (Pierce) in Gordon Brent Pierce, Admin. Proc. No. 3-13927. The Securities and Exchange Commission issued its Order Instituting Proceedings (OIP) on June 8, 2010, alleging that Pierce violated Sections 5(a) and 5(c) of the Securities Act of 1933 (Securities Act). The OIP alleged that Pierce controlled two offshore companies, Newport Capital Corp. (Newport) and Jenirob Company Ltd. (Jenirob) and caused them to offer and sell 1.6 million shares of Lexington Resources, Inc. (Lexington), a now defunct oil and gas company, without a valid registration statement or exemption from registration.

The Initial Decision finds that Pierce committed the alleged violations. To protect the public interest, it orders that Pierce cease and desist from committing or causing any violations or future violations of Sections 5(a) and 5(c) of the Securities Act and any rules or regulations thereunder. The Initial Decision further orders that Pierce disgorge ill-gotten gains of $7,247,635.75, plus prejudgment interest. The Administrative Law Judge previously found Newport and Jenirob in default. See Gordon Brent Pierce, Securities Act Release No. 9205 (May 11, 2011). (Initial Decision No. 425; File No. 3-13927)

Investment Company Act Releases

Harris & Harris Group, Inc.

A certification has been issued pursuant to Section 851(e) of the Internal Revenue Code of 1986, as amended, that Harris & Harris Group, Inc. was, for the fiscal year ended December 31, 2010, principally engaged in the furnishing of capital to other corporations which are principally engaged in the development or exploitation of inventions, technological improvements, new processes or products not previously generally available. (Rel. IC-29736 - July 22)

Self-Regulatory Organizations

Designation of Longer Period for Commission Action on Proposed Rule Change

The Commission has designated a longer period for Commission action under Section 19(b)(2) of the Securities Exchange Act of 1934 on a proposed rule change (SR-NASDAQ-2011-073) filed by The NASDAQ Stock Market to adopt additional listing requirements for reverse mergers. Publication is expected in the Federal Register during the week of July 25. (Rel. 34-64956)

Immediate Effectiveness of Proposed Rule Changes

A proposed rule change filed by BATS Exchange (SR-BATS-2011-023) to Amend BATS Rules in Connection with the Elimination of a Directed Order Program for BATS Options 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 July 25. (Rel. 34-64957)

A proposed rule change filed by Financial Industry Regulatory Authority under Rule 19b-4 regarding cancellation or rescheduling fees for qualification examinations and continuing education sessions (SR-FINRA-2011-026) 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 25. (Rel. 34-64961)

A proposed rule change filed by EDGA Exchange to amend EDGA Rule 11.5(c)(8) regarding the description of the Non-Displayed order type (SR-EDGA-2011-21) 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 25. (Rel. 34-64962)

A proposed rule change filed by NYSE Amex (SR-NYSEAmex-2011-50) amending Commentary .07 to NYSE Amex Rule 904 to increase position limits for options on the SPDR® S&P 500® Exchange-Traded Fund, which list and trade under the option symbol SPY, and to update the names and one trading symbol for the options reflected therein, including SPY, 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 July 25. (Rel. 34-64966)

Proposed Rule Change

NYSE Arca filed a proposed rule change (SR-NYSEArca-2011-48) pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934 and Rule 19b-4 thereunder to list and trade shares of the Teucrium Wheat Fund, the Teucrium Soybean Fund and the Teucrium Sugar Fund under NYSE Arca Equities Rule 8.200, Commentary .02. Publication is expected in the Federal Register during the week of July 25. (Rel. 34-64967)

Securities Act Registrations

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.

        650-527-2900 - 0 ($3,625,844.00) Equity, (File 333-175783 - Jul. 26) 
        (BR. 03C)

        07417, 2012693400 - 0 ($960,828,000.00) Equity, (File 333-175784 - 
        Jul. 26) (BR. 01B)

S-8     Vuance Ltd, PO BOX 5039, QADIMA, L3, 60920, 972-9-889-0800 - 
        4,000,000 ($486,500.00) Equity, (File 333-175785 - Jul. 26) (BR. 10C)

        2155385600 - 30,000 ($694,800.00) Equity, (File 333-175788 - Jul. 26) 
        (BR. 07C)

        BEIJING, F4, 100070, 86-10-5170-9287 - 
        1,150,000 ($1,012,000.00) Equity, (File 333-175789 - Jul. 26) (BR. 06C)

S-1     CG Automotive Group, Inc., 940 NW 144TH ST., MIAMI, FL, 33168, 
        (626) 335-7750 - 3,600,000 ($360,000.00) Equity, (File 333-175790 - 
        Jul. 26) (BR. )

S-3ASR  HCA Holdings, Inc., ONE PARK PLZ, NASHVILLE, TN, 37203, 6153449551 - 
        0 ($0.00) Debt, (File 333-175791 - Jul. 26) (BR. 01A)

S-1     Auto Home Lock, Inc., 112 NORTH CURRY STREET, CARSON CITY, NV, 89703, 
        775.321.8215 - 2,000,000 ($60,000.00) Equity, (File 333-175792 - 
        Jul. 26) (BR. )

S-8     Marina Biotech, Inc., 3830 MONTE VILLA PARKWAY, BOTHELL, WA, 98021, 
        4259083600 - 6,500,000 ($1,300,000.00) Equity, (File 333-175793 - 
        Jul. 26) (BR. 01B)

        CEDAR KNOLLS, NJ, 07927, 973-532-8000 - 
        7,310,744 ($7,383,851.44) Equity, (File 333-175794 - Jul. 26) (BR. 01A)

S-8     ANDAIN, INC., 350 S. CENTER STREET, SUITE 500, RENO, NV, 89501, 
        775-333-5997 - 2,000,000 ($10,600.00) Equity, (File 333-175795 - 
        Jul. 26) (BR. 01C)

F-10    BAYTEX ENERGY CORP., 2800, 520 3RD AVE SW, CALGARY, A0, T2P 0R3, 
        587-952-3000 - 529,150,000 ($529,150,000.00) Equity, (File 333-175796 - 
        Jul. 26) (BR. 04A)

        10112-6300, 212 632 1584 - 0 ($1,000,000.00) Equity, (File 333-175797 - 
        Jul. 26) (BR. )

        C/O NORTHROP GRUMMAN CORP, LOS ANGELES, CA, 90067, 310-201-1630 - 
        46,211,556 ($2,975,562,091.00) Equity, (File 333-175798 - Jul. 26) 
        (BR. 05B)

S-1     Momentive Performance Materials Inc., 22 CORPORATE WOODS BLVD, 
        2ND FLOOR, ALBANY, NY, 12211, 518-533-4703 - 
        0 ($525,687,000.00) Non-Convertible Debt, (File 333-175800 - Jul. 26) 
        (BR. 06C)

F-3     Baytex Energy USA Ltd., 600 17TH STREET, SUITE 1600 S., DENVER, CO, 
        80202, 303-825-2777 - 529,150,000 ($529,150,000.00) Equity, 
        (File 333-175801 - Jul. 26) (BR. )

Recent 8K Filings

Form 8-K is used by companies to file current reports on the following events:


Entry into a Material Definitive Agreement


Termination of a Material Definitive Agreement


Bankruptcy or Receivership


Completion of Acquisition or Disposition of Assets


Results of Operations and Financial Condition


Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant


Triggering Events That Accelerate or Increase a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement


Cost Associated with Exit or Disposal Activities


Material Impairments


Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing


Unregistered Sales of Equity Securities


Material Modifications to Rights of Security Holders


Changes in Registrant's Certifying Accountant


Non-Reliance on Previously Issued Financial Statements or a Related Audit Report or Completed Interim Review


Changes in Control of Registrant


Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officer


Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year


Temporary Suspension of Trading Under Registrant's Employee Benefit Plans


Amendments to the Registrant's Code of Ethics, or Waiver of a Provision of the Code of Ethics


Change in Shell Company Status


ABS Informational and Computational Material.


Change of Servicer or Trustee.


Change in Credit Enhancement or Other External Support.


Failure to Make a Required Distribution.


Securities Act Updating Disclosure.


Regulation FD Disclosure


Other Events


Financial Statements and Exhibits

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.

NAME OF ISSUER                          CODE     8K ITEM NO.          DATE        COMMENT

3M CO                                   DE       2.02,9.01           07/26/11

AARON'S INC                             GA       2.02,9.01           07/25/11

AASTROM BIOSCIENCES INC                 MI       1.01,9.01           07/26/11

AbitibiBowater Inc.                     DE       5.02                07/20/11

ACCURAY INC                             DE       2.02,7.01,8.01,9.01 07/26/11

ACCURIDE CORP                           DE       5.02                07/26/11

ACE Ltd                                 V8       2.02,9.01           07/26/11

ACHILLION PHARMACEUTICALS INC           DE       5.02,9.01           07/22/11

ACI WORLDWIDE, INC.                     DE       2.02,7.01,9.01      07/26/11

ACI WORLDWIDE, INC.                     DE       8.01,9.01           07/26/11

ACTIVE POWER INC                        DE       2.02,9.01           07/26/11

ACTIVE POWER INC                        DE       5.07                05/12/11    AMEND

ADDVANTAGE TECHNOLOGIES GROUP INC       OK       2.02,7.01,9.01      07/26/11

ADVANCED ENERGY INDUSTRIES INC          DE       2.02,9.01           07/25/11

AECOM TECHNOLOGY CORP                   DE       1.01,2.03,9.01      07/20/11

AFFILIATED MANAGERS GROUP INC           DE       2.02,8.01,9.01      07/26/11

AGCO CORP /DE                           DE       5.02,9.01           07/26/11

AIR PRODUCTS & CHEMICALS INC /DE/       DE       5.03,9.01           07/21/11

AK STEEL HOLDING CORP                   DE       2.02,9.01           07/26/11

AK STEEL HOLDING CORP                   DE       7.01,9.01           07/26/11

Alexza Pharmaceuticals Inc.             DE       8.01,9.01           07/26/11

Allied World Assurance Co Holdings, A            8.01                07/25/11

AMAG PHARMACEUTICALS INC.               DE       2.02,8.01,9.01      07/26/11

AMAZON COM INC                          DE       2.02,9.01           07/26/11

American Capital Agency Corp                     2.02,5.02,5.03,9.01 07/26/11

AMERICAN REALTY CAPITAL HEALTHCARE TR   MD       2.01                07/22/11

AMETEK INC/                             DE       2.02,9.01           07/26/11

AMN HEALTHCARE SERVICES INC             DE       1.01,2.03           07/25/11

AMYLIN PHARMACEUTICALS INC              DE       2.02,9.01           07/26/11

ANADARKO PETROLEUM CORP                 DE       2.02,9.01           07/25/11

ANIXTER INTERNATIONAL INC               DE       2.02,9.01           07/26/11

ante5, Inc.                             DE       1.01,3.02,8.01,9.01 07/26/11

ante5, Inc.                             DE       7.01,9.01           07/26/11

APPLETON PAPERS INC/WI                           5.02                07/25/11

ARCH CAPITAL GROUP LTD.                          2.02,9.01           07/25/11

ARROW ELECTRONICS INC                   NY       8.01,9.01           07/26/11

ARROW ELECTRONICS INC                   NY       5.07                07/26/11    AMEND

ASBURY AUTOMOTIVE GROUP INC             DE       2.02,7.01,8.01,9.01 07/26/11

ASSOCIATED BANC-CORP                    WI       8.01,9.01           07/26/11

ASSOCIATED ESTATES REALTY CORP          OH       2.02,9.01           06/30/11

Augme Technologies, Inc.                DE       2.01,3.02,5.02,8.01, 07/22/11
AVENTINE RENEWABLE ENERGY HOLDINGS IN   DE       5.02,7.01           07/20/11

Avery Dennison Corp                     DE       2.02,9.01           07/26/11

AWARE INC /MA/                          MA       2.02,9.01           07/26/11

B&G Foods, Inc.                         DE       2.02,7.01,9.01      07/26/11

Bacterin International Holdings, Inc.   DE       7.01,9.01           07/26/11

Baltic Trading Ltd                      1T       2.02,9.01           07/26/11

BANCORPSOUTH INC                        MS       2.02,7.01,9.01      07/25/11

BANK MUTUAL CORP                        WI       2.02                07/22/11

BE Resources Inc.                       CO       7.01,9.01           07/25/11

BEMIS CO INC                            MO       1.01,9.01           07/21/11

BERKLEY W R CORP                        DE       2.02,9.01           07/25/11

BGC Partners, Inc.                      DE       1.01,2.03,3.02,8.01,07/25/11
BIODELIVERY SCIENCES INTERNATIONAL IN   DE       8.01,9.01           07/25/11

BIOGEN IDEC INC.                        DE       2.02,9.01           07/26/11

BIOMODA INC/NM                                   1.02,8.01,9.01      07/25/11

BION ENVIRONMENTAL TECHNOLOGIES INC     CO       5.02,7.01,8.01,9.01 07/18/11

Blue Wolf Mongolia Holdings Corp.       D8       8.01,9.01           07/20/11

BOSTON PRIVATE FINANCIAL HOLDINGS INC   MA       2.02                07/26/11

BRADY CORP                              WI       5.02,9.01           07/20/11

BROADSOFT, INC.                         DE       5.07                05/05/11    AMEND

BUFFALO WILD WINGS INC                  MN       2.02,9.01           07/26/11

C H ROBINSON WORLDWIDE INC              DE       2.02,9.01           07/26/11

CABOT CORP                              DE       2.02,9.01           07/26/11

CAI International, Inc.                          2.02,9.01           07/26/11

Calamos Asset Management, Inc. /DE/              5.07                07/21/11

CALLAWAY GOLF CO                        DE       2.02,9.01           07/26/11

CAMDEN NATIONAL CORP                    ME       2.02,9.01           07/26/11

Campus Crest Communities, Inc.          MD       5.07                04/25/11    AMEND

CAPELLA EDUCATION CO                             2.02,9.01           07/26/11

CAPITAL CITY BANK GROUP INC             FL       2.02,9.01           06/30/11

CAPITAL GROWTH SYSTEMS INC /FL/         FL       8.01,9.01           07/26/11

CAPITAL SOUTHWEST CORP                  TX       2.02,9.01           07/26/11

CAPITAL TRUST INC                       MD       5.03,9.01           07/20/11

CARDTRONICS INC                         DE       1.01,2.01,9.01      07/25/11

CARLISLE COMPANIES INC                  DE       2.02,9.01           07/26/11

Celsion CORP                            DE       1.01,3.02,3.03,7.01,07/20/11
CENTENE CORP                                     2.02,9.01           07/26/11

CENTRAL BANCORP INC /MA/                MA       5.07,8.01,9.01      07/21/11

CENTURY PROPERTIES FUND XIV             CA       2.01                07/21/11

CERADYNE INC                            DE       7.01,9.01           07/26/11

CEVA INC                                DE       2.02,9.01           07/26/11

Chelsea Therapeutics International, L   DE       2.02,9.01           07/26/11

Chelsea Therapeutics International, L   DE       8.01,9.01           07/26/11

Chelsea Therapeutics International, L   DE       1.01,9.01           07/26/11

CHEMBIO DIAGNOSTICS, INC.               NV       1.01,2.03           07/26/11

CHEMED CORP                             DE       2.02,9.01           07/26/11

Chesapeake Lodging Trust                MD       9.01                05/10/11    AMEND

China Advanced Construction Materials   DE       8.01                07/26/11

China Green Lighting Ltd                         4.01,4.02,9.01      05/13/11    AMEND

Chrysler Group LLC                      DE       2.02,9.01           07/26/11

CIGNA CORP                              DE       5.02                07/26/11

CIT GROUP INC                           DE       2.02,9.01           07/26/11

CITIZENS BANCORP OF VIRGINIA INC        VA       2.02,9.01           07/25/11

CITIZENS FINANCIAL SERVICES INC         PA       2.02,9.01           07/26/11

CLOROX CO /DE/                          DE       8.01,9.01           07/26/11

CNB FINANCIAL CORP/PA                   PA       2.02,9.01           07/25/11

COGNIZANT TECHNOLOGY SOLUTIONS CORP              8.01                07/26/11

COMMERCETEL CORP                        NV       5.02,9.01           07/22/11

Commercial Vehicle Group, Inc.          DE       2.02,7.01,9.01      07/26/11

COMMUNICATION INTELLIGENCE CORP         DE       5.07                07/14/11

Community Partners Bancorp              NJ       3.03,5.03,8.01,9.01 07/20/11

COMMUNITY WEST BANCSHARES /             CA       2.02,9.01           07/26/11

COMPUWARE CORP                          MI       2.02,9.01           07/21/11

Comstock Homebuilding Companies, Inc.   DE       8.01,9.01           07/21/11

CONSOL Energy Inc                       DE       8.01                07/20/11

Convenience TV Inc.                     NV       5.03,9.01           07/20/11

CORELOGIC, INC.                         DE       7.01,9.01           07/26/11

CORNING INC /NY                         NY       5.07                04/28/11    AMEND

COVENANT TRANSPORTATION GROUP INC       NV       2.02,9.01           07/26/11

Covidien plc                                     2.02,9.01           07/26/11

Coyote Resources, Inc.                  NV       7.01,9.01           07/26/11

CSB BANCORP INC /OH                     OH       2.02,9.01           07/26/11

CSS INDUSTRIES INC                      DE       2.02,9.01           07/26/11

CTS CORP                                IN       2.02,9.01           07/26/11

CUMMINS INC                             IN       2.02,7.01,9.01      07/26/11

CVR PARTNERS, LP                        DE       7.01,9.01           07/26/11

CYNOSURE INC                                     2.02,9.01           07/26/11

CYTRX CORP                              DE       8.01,9.01           07/26/11

DATA I/O CORP                           WA       5.03                07/20/11

DATAWATCH CORP                          DE       5.02,9.01           07/20/11

DAWSON GEOPHYSICAL CO                   TX       2.02,8.01,9.01      07/26/11

DELPHI FINANCIAL GROUP INC/DE           DE       2.02,9.01           07/26/11

DELTA PETROLEUM CORP/CO                 CO       7.01,9.01           07/25/11

Diamond Resorts Corp                    MD       1.01,3.02,9.01      07/21/11

DICE HOLDINGS, INC.                     DE       2.02,9.01           07/26/11

DIGITALGLOBE INC                                 1.01                07/26/11

Dolan Co.                               DE       1.01,2.01,2.03,9.01 07/25/11

DOLLAR THRIFTY AUTOMOTIVE GROUP INC     DE       1.01,2.03,8.01,9.01 07/21/11

Domark International Inc.               NV       5.02                07/26/11

DOMINOS PIZZA INC                                2.02,8.01,9.01      07/26/11

Dorman Products, Inc.                   PA       2.02,9.01           07/26/11

Double Eagle Holdings, Ltd.             NV       8.01                07/25/11

Douglas Lake Minerals Inc.              NV       7.01,9.01           07/25/11

DreamWorks Animation SKG, Inc.                   2.02,9.01           07/26/11

DRI CORP                                NC       7.01,9.01           07/26/11

DSP GROUP INC /DE/                      DE       1.01,2.02,3.03,5.03,07/25/11
Eagle Bancorp Montana, Inc.                      2.02,9.01           07/26/11

EAGLE ROCK ENERGY PARTNERS L P          DE       7.01,8.01,9.01      07/26/11

EASTMAN KODAK CO                        NJ       2.02,9.01           07/26/11

ECB BANCORP INC                         NC       2.02,9.01           07/25/11

ECO Building Products, Inc.             CO       5.03,9.01           07/15/11

eHealth, Inc.                           DE       2.02,9.01           07/26/11

ELECTRO SCIENTIFIC INDUSTRIES INC       OR       2.02,9.01           07/26/11

ELECTRONIC ARTS INC.                    DE       2.02,9.01           07/26/11

EMULEX CORP /DE/                        DE       5.02,8.01,9.01      07/25/11

ENERGY KING, INC.                                1.01,3.02,5.02,9.01 06/30/11    AMEND

Energy Transfer Partners, L.P.          DE       7.01,8.01,9.01      07/26/11

ESSEX PROPERTY TRUST INC                MD       7.01,9.01           07/26/11

ESTERLINE TECHNOLOGIES CORP             DE       1.01,2.03,9.01      07/20/11

EXAR CORP                               DE       2.02,9.01           07/26/11

FBR & Co.                               VA       2.02,9.01           07/26/11

Federal Home Loan Bank of Boston        X1       2.03                07/20/11

Federal Home Loan Bank of Chicago       X1       2.02,9.01           07/26/11

Federal Home Loan Bank of Chicago       X1       2.03                07/20/11

Federal Home Loan Bank of Cincinnati    X1       2.03,9.01           07/20/11

Federal Home Loan Bank of Des Moines    X1       2.03,9.01           07/22/11

Federal Home Loan Bank of Indianapoli   X1       2.03,9.01           07/26/11

Federal Home Loan Bank of New York      X1       2.03,9.01           07/20/11

Federal Home Loan Bank of Pittsburgh    PA       2.03,9.01           07/20/11

Federal Home Loan Bank of San Francis   X1       2.03                07/20/11

Federal Home Loan Bank of Seattle                2.03                07/20/11

Federal Home Loan Bank of Topeka                 2.03,9.01           07/20/11

FEDERAL HOME LOAN MORTGAGE CORP                  2.02,9.01           07/26/11

FIRST BUSEY CORP /NV/                   NV       2.02,9.01           07/26/11

First California Financial Group, Inc   DE       2.02,9.01           07/26/11

FIRST CORP /CN/                         CO       8.01,9.01           07/15/11

FIRST DEFIANCE FINANCIAL CORP           OH       2.02,9.01           07/25/11

First Financial Northwest, Inc.         WA       2.02,9.01           07/25/11

First Physicians Capital Group, Inc.    DE       1.01,2.01,7.01,9.01 07/26/11

FIRST PLACE FINANCIAL CORP /DE/         DE       8.01,9.01           07/26/11

FIRSTBANK CORP                          MI       2.02,8.01,9.01      07/26/11

FIRSTBANK CORP                          MI       8.01,9.01           07/26/11

FIRSTMERIT CORP /OH/                    OH       2.02,9.01           07/26/11

FISERV INC                              WI       2.02,9.01           07/26/11

FMC TECHNOLOGIES INC                    DE       2.02,9.01           07/25/11

Ford Credit Auto Owner Trust 2011-B     DE       8.01,9.01           07/26/11

FORD MOTOR CO                           DE       2.02,9.01           07/26/11

FORD MOTOR CREDIT CO LLC                DE       2.02,9.01           07/26/11

FORMFACTOR INC                          DE       2.02,9.01           07/26/11

Furiex Pharmaceuticals, Inc.            DE       8.01,9.01           07/26/11

GALLAGHER ARTHUR J & CO                 DE       2.02,9.01           07/26/11

GATX CORP                               NY       5.02,5.03,9.01      07/22/11

GATX CORP                               NY       5.07                04/22/11    AMEND

GCI INC                                 AK       1.01,2.03           07/22/11

GENCO SHIPPING & TRADING LTD                     2.02,9.01           07/26/11

GENERAL COMMUNICATION INC               AK       1.01,2.03           07/22/11

GEOGLOBAL RESOURCES INC.                DE       8.01,9.01           07/26/11

GERBER SCIENTIFIC INC                   CT       8.01,9.01           07/26/11

GILEAD SCIENCES INC                     DE       2.02,9.01           07/26/11

GRACO INC                               MN       2.03                07/26/11

Grand Canyon Education, Inc.            DE       3.01                07/26/11

GREENE COUNTY BANCORP INC               DE       8.01                07/20/11

GROUP 1 AUTOMOTIVE INC                  DE       2.02,9.01           07/26/11

HAEMONETICS CORP                        MA       5.07                07/26/11

HALLIBURTON CO                          DE       5.07                07/26/11    AMEND

HARTE HANKS INC                         DE       5.02,9.01           07/25/11

HASTINGS ENTERTAINMENT INC              TX       1.01,9.01           07/21/11

Hatteras Financial Corp                          2.02,9.01           07/26/11

HAWAIIAN HOLDINGS  INC                  DE       2.02,9.01           07/26/11

HCA Holdings, Inc.                               8.01,9.01           07/26/11

HEALTHSOUTH CORP                        DE       1.01,7.01,9.01      07/26/11    AMEND

HEIDRICK & STRUGGLES INTERNATIONAL IN   DE       2.02,9.01           07/26/11

HELIX ENERGY SOLUTIONS GROUP INC        MN       2.02,7.01,9.01      07/25/11

HERSHEY CO                              DE       2.02,9.01           07/26/11

HF FINANCIAL CORP                       DE       2.02,9.01           07/25/11    AMEND

Hines Global REIT, Inc.                 MD       1.01                07/20/11

HOLLY ENERGY PARTNERS LP                DE       7.01,9.01           07/26/11

HOSPITALITY PROPERTIES TRUST            MD       1.01,9.01           07/25/11

HUTCHINSON TECHNOLOGY INC               MN       2.02,9.01           07/26/11

ICON CASH FLOW PARTNERS L P SEVEN       DE       5.02                07/26/11

ICON ECI FUND FIFTEEN, L.P.             DE       5.02                07/26/11

ICON Equipment & Corporate Infrastruc   DE       5.02                07/26/11

ICON INCOME FUND NINE LLC                        5.02                07/26/11

ICON INCOME FUND TEN LLC                DE       5.02                07/26/11

ICON LEASING FUND ELEVEN, LLC           DE       5.02                07/26/11

ICON LEASING FUND TWELVE, LLC           DE       5.02                07/26/11

IHS Inc.                                DE       1.01,7.01,9.01      07/26/11

ILLINOIS TOOL WORKS INC                 DE       2.02,9.01           07/26/11

ILLUMINA INC                            DE       2.02,9.01           07/26/11

IMATION CORP                            DE       2.02,9.01           07/26/11

iMetrik M2M Solutions Inc.              NV       7.01,9.01           07/25/11

INDIANA COMMUNITY BANCORP               IN       2.02,9.01           07/26/11

INDIANA COMMUNITY BANCORP               IN       2.02,9.01           07/26/11    AMEND

INPHI Corp                              DE       2.02,9.01           07/26/11

INSTITUTIONAL FINANCIAL MARKETS, INC.   MD       1.01,2.03,9.01      07/22/11

Intellicell Biosciences, Inc.           NV       2.01,5.03,9.01      06/30/11

Intellicell Biosciences, Inc.           NV       1.01,2.01,3.02,5.01,06/03/11    AMEND

INTER PARFUMS INC                       DE       2.02                07/26/11

INTERNATIONAL FLAVORS & FRAGRANCES IN   NY       8.01,9.01           07/26/11

INTERNATIONAL GAME TECHNOLOGY           NV       2.02,9.01           07/26/11

INTERNATIONAL RECTIFIER CORP /DE/       DE       5.02,8.01           07/20/11

Invesco Ltd.                            D0       2.02                07/26/11

IROBOT CORP                             DE       2.02,9.01           07/26/11

ITERIS, INC.                            DE       2.02,9.01           07/26/11

JACOBS ENGINEERING GROUP INC /DE/       DE       2.02,9.01           07/25/11

JDA SOFTWARE GROUP INC                  DE       2.02,9.01           07/26/11

JETBLUE AIRWAYS CORP                    DE       2.02,9.01           07/26/11

JETBLUE AIRWAYS CORP                    DE       7.01,9.01           07/26/11

JETBLUE AIRWAYS CORP                    DE       5.02                07/25/11

JOURNAL COMMUNICATIONS INC                       2.02,9.01           07/26/11

JUNIPER NETWORKS INC                    DE       2.02,9.01           07/26/11

KEYNOTE SYSTEMS INC                     DE       2.02,9.01           07/26/11

Keyuan Petrochemicals, Inc.             NV       8.01,9.01           07/26/11

KILROY REALTY CORP                      MD       2.02,9.01           07/25/11

KIMCO REALTY CORP                       MD       2.02                07/26/11

KINDER MORGAN ENERGY PARTNERS L P       DE       5.02                07/20/11

KINDER MORGAN MANAGEMENT LLC            DE       5.02                07/20/11

KINETIC CONCEPTS INC                    TX       9.01                06/30/11

Kohlberg Capital CORP                   DE       8.01,9.01           07/26/11

KONA GRILL INC                          DE       2.02,9.01           07/26/11

L-1 IDENTITY SOLUTIONS, INC.            DE       1.01,1.02,3.01,3.03,07/25/11
LANDEC CORP \CA\                        CA       2.02,9.01           07/26/11

LAS VEGAS SANDS CORP                    NV       2.02,9.01           07/26/11

LCA VISION INC                          DE       2.02,9.01           07/26/11

LENNOX INTERNATIONAL INC                DE       2.02,9.01           07/26/11

LEXMARK INTERNATIONAL INC /KY/          DE       2.02,9.01           07/26/11

Liberty Gold Corp.                      DE       3.03,5.03,8.01,9.01 04/21/11

LIBERTY PROPERTY TRUST                  MD       2.02,9.01           07/26/11

LifeCare Holdings, Inc.                 DE       1.01,8.01,9.01      07/21/11

LIGAND PHARMACEUTICALS INC              DE       7.01,9.01           07/26/11

LNB BANCORP INC                         OH       7.01,9.01           07/26/11

LOCKHEED MARTIN CORP                    MD       2.02,9.01           07/26/11

Lumber Liquidators Holdings, Inc.                2.02,9.01           07/26/11

MACE SECURITY INTERNATIONAL INC         DE       8.01,9.01           07/26/11

MAGELLAN HEALTH SERVICES INC            DE       5.02,9.01           07/25/11

Magyar Bancorp, Inc.                    DE       2.02,9.01           07/26/11

MAINSOURCE FINANCIAL GROUP              IN       2.02,9.01           07/26/11

MARKWEST ENERGY PARTNERS L P                     5.02,8.01,9.01      07/21/11

MARTHA STEWART LIVING OMNIMEDIA INC     DE       2.02,9.01           07/26/11

MCDONALDS CORP                          DE       5.03                07/21/11

MEADE INSTRUMENTS CORP                  DE       5.07                07/21/11

MEDALLION FINANCIAL CORP                DE       8.01,9.01           07/21/11

MEDCO HEALTH SOLUTIONS INC              DE       8.01,9.01           07/26/11

MEDIFAST INC                            DE       8.01                07/26/11

MERCHANTS BANCSHARES INC                DE       5.07                05/03/11    AMEND

MERIDIAN INTERSTATE BANCORP INC                  2.02,9.01           07/26/11

MICRON TECHNOLOGY INC                   DE       1.01,2.03,3.02,9.01 07/26/11

MILLER HERMAN INC                       MI       5.02                07/22/11

MPG Office Trust, Inc.                  MD       1.01,3.02,9.01      07/25/11    AMEND

MUELLER INDUSTRIES INC                  DE       2.02,9.01           07/26/11

MURPHY OIL CORP /DE                     DE       1.01,9.01           07/25/11

MUSTANG ALLIANCES, INC.                          5.02,9.01           07/25/11

NARA BANCORP INC                        DE       2.02,9.01           07/25/11

NATIONAL OILWELL VARCO INC              DE       2.02,9.01           07/26/11

NATIONAL SECURITY GROUP INC             DE       8.01,9.01           07/22/11

NATIONAL TECHNICAL SYSTEMS INC /CA/     CA       1.01,2.01,9.01      07/20/11

Naugatuck Valley Financial Corp         MD       2.02,9.01           07/25/11

NAUTILUS, INC.                          WA       1.01,9.01           07/20/11

NBT BANCORP INC                         DE       2.02,9.01           07/25/11

NEPHROS INC                             DE       1.01,2.02,8.01,9.01 07/25/11

Net Savings Link, Inc.                  NV       5.06,9.01           07/25/11

Niska Gas Storage Partners LLC          DE       7.01,9.01           07/26/11

NISOURCE INC/DE                         DE       5.02,9.01           07/26/11

NOBEL LEARNING COMMUNITIES INC          DE       8.01                07/25/11

NORFOLK SOUTHERN CORP                   VA       5.02,5.03           07/26/11

NORFOLK SOUTHERN CORP                   VA       2.02,7.01,9.01      07/26/11

NOVASTAR FINANCIAL INC                  MD       5.07                07/26/11

NUTRI SYSTEM INC /DE/                   DE       5.02,9.01           07/20/11

OCCIDENTAL PETROLEUM CORP /DE/          DE       2.02,8.01,9.01      07/26/11

Ocean Shore Holding Co.                          2.02,9.01           07/26/11

OFFICE DEPOT INC                        DE       2.02,9.01           07/26/11

OHIO VALLEY BANC CORP                   OH       2.02,9.01           06/30/11

OIL STATES INTERNATIONAL, INC           DE       5.07                05/17/11

OMNICARE INC                            DE       2.02,9.01           07/26/11

ONE Bio, Corp.                                   1.01,9.01           07/08/11

OPTICAL CABLE CORP                      VA       1.01,9.01           07/25/11

optionsXpress Holdings, Inc.            DE       2.02,9.01           07/26/11

Oritani Financial Corp                  DE       2.02,9.01           07/25/11

OWENS & MINOR INC/VA/                   VA       2.02,9.01           07/25/11

PACCAR INC                              DE       2.02,9.01           07/26/11

PANERA BREAD CO                         DE       2.02,7.01,9.01      07/26/11

PARAMETRIC TECHNOLOGY CORP              MA       2.02,9.01           07/26/11

Patriot Coal CORP                       DE       2.02,9.01           07/26/11

PediatRx Inc.                           NV       2.02,9.01           07/26/11

PediatRx Inc.                           NV       8.01,9.01           07/25/11

PENNSYLVANIA REAL ESTATE INVESTMENT T   PA       5.02,9.01           07/20/11

PENSKE AUTOMOTIVE GROUP, INC.           DE       8.01,9.01           07/26/11

PENTAIR INC                             MN       2.02,9.01           07/26/11

PEOPLES BANCORP INC                     OH       2.02,9.01           07/26/11

PERVASIVE SOFTWARE INC                  DE       2.02,9.01           07/26/11

PFF BANCORP INC                         DE       8.01,9.01           07/18/11

PHARMACEUTICAL PRODUCT DEVELOPMENT IN   NC       2.02,9.01           07/26/11

POWERWAVE TECHNOLOGIES INC              DE       1.01                07/20/11

PRECISION OPTICS CORPORATION INC        MA       1.01,9.01           07/20/11

PRGX GLOBAL, INC.                       GA       2.02,9.01           07/25/11

PRIVATEBANCORP, INC                     DE       2.02,9.01           07/26/11

PROFILE TECHNOLOGIES INC                DE       7.01,9.01           07/22/11

PROSPECT MEDICAL HOLDINGS INC           DE       8.01,9.01           07/22/11

PROVIDENT FINANCIAL HOLDINGS INC        DE       5.02                07/21/11

PROVIDENT NEW YORK BANCORP              DE       2.02,9.01           07/25/11

Pzena Investment Management, Inc.       DE       2.02,9.01           06/30/11

QUANTUM SOLAR POWER CORP.                        5.02                07/22/11

RADIOSHACK CORP                         DE       8.01,9.01           06/30/11

RAMCO GERSHENSON PROPERTIES TRUST       MD       2.02,7.01,9.01      07/26/11

RANGE RESOURCES CORP                    DE       2.02,9.01           07/25/11

Raptor Pharmaceutical Corp              DE       8.01,9.01           07/25/11

RCM TECHNOLOGIES INC                    NV       1.01,2.03           07/21/11

RDA Holding Co.                                  1.01,5.02           07/20/11

RECOVERY ENERGY, INC.                   NV       4.02                07/25/11

Regency Energy Partners LP              DE       7.01,8.01,9.01      07/26/11

REGIONS FINANCIAL CORP                  DE       2.02,7.01,9.01      07/26/11

RENAISSANCERE HOLDINGS LTD              D0       2.02,9.01           07/26/11

RENT A CENTER INC DE                             2.02,9.01           07/25/11

Resource Real Estate Opportunity REIT   MD       7.01                07/21/11

RF MICRO DEVICES INC                    NC       2.02,9.01           07/26/11

Rock-Tenn CO                            GA       5.02                07/26/11

ROCKY BRANDS, INC.                      OH       2.02,9.01           07/26/11

Rosetta Resources Inc.                  DE       7.01,9.01           07/26/11

ROWAN COMPANIES INC                     DE       7.01,9.01           07/26/11

RUSH ENTERPRISES INC \TX\               TX       2.02,9.01           07/26/11

S&T BANCORP INC                         PA       8.01,9.01           07/25/11

SALEM COMMUNICATIONS CORP /DE/          DE       5.02                07/20/11

SCIENTIFIC GAMES CORP                   DE       5.02,9.01           07/20/11

SCOLR Pharma, Inc.                      DE       2.02,9.01           07/26/11

Seneca Foods Corp                       NY       1.01,2.03,9.01      07/20/11

SERACARE LIFE SCIENCES INC                       2.02,5.02,9.01      07/25/11

SIGMA ALDRICH CORP                      DE       2.02,7.01,9.01      07/26/11

SIGMATRON INTERNATIONAL INC             DE       5.02                07/26/11

SILVER HORN MINING LTD.                 DE       8.01,9.01           07/26/11

SIMON PROPERTY GROUP INC /DE/           DE       2.02,7.01,9.01      07/26/11

SOCKET MOBILE, INC.                     DE       2.02,9.01           06/30/11

SOLUTIA INC                             DE       2.02,9.01           07/25/11

SONIC AUTOMOTIVE INC                    DE       2.02,7.01,9.01      07/26/11

SOUTHERN CO                             DE       2.04,8.01           07/20/11

SOUTHERN FIRST BANCSHARES INC           SC       2.02,9.01           07/26/11

SOUTHERN MISSOURI BANCORP INC           MO       1.01,3.02,3.03,5.02,07/19/11

SOUTHWEST BANCORP INC                   OK       2.02,7.01,9.01      07/25/11

SPARTAN MOTORS INC                      MI       2.02,9.01           07/26/11

SRA INTERNATIONAL INC                   DE       1.01,1.02,2.03,3.01,07/20/11
STRATS SM TRUST FOR Goldman Sachs Cap            8.01,9.01           07/15/11

STRATS SM TRUST FOR GOLDMAN SACHS GRO            8.01,9.01           07/15/11

STRATS SM TRUST FOR JPMORGAN CHASE &             8.01,9.01           07/15/11

STRATS SM TRUST FOR WAL-MART STORES,             8.01,9.01           07/15/11

STRATS(SM) TRUST FOR DOMINION RESOURC            8.01,9.01           07/15/11

STRATS(SM) TRUST FOR GEN ELEC CAP COR            8.01,9.01           07/15/11

STRATS(SM) Trust For Goldman Sachs Ca            8.01,9.01           07/15/11

STRUCTURED OBLIGATIONS CORP LONG TERM   DE       8.01,9.01           07/15/11

STRUCTURED OBLIGATIONS CORP LONG TERM   DE       8.01,9.01           07/15/11

STRUCTURED OBLIGATIONS CORP LONG TERM   DE       8.01,9.01           07/15/11

STRUCTURED OBLIGATIONS CORP SELECT NO   DE       8.01,9.01           07/15/11

STRUCTURED OBLIGATIONS CORP SELECT NO   DE       8.01,9.01           07/15/11

SUN BANCORP INC /NJ/                    NJ       2.02,9.01           06/30/11

SunCoke Energy, Inc.                             8.01,9.01           07/20/11

SUPERGEN INC                            DE       2.01,3.02,5.02,5.03,07/20/11
SUPERTEX INC                            CA       2.02,9.01           07/26/11

Surge Global Energy, Inc.               DE       5.02,9.01           07/25/11    AMEND

SUSSEX BANCORP                          NJ       2.02,5.02,9.01      07/20/11

SVB FINANCIAL GROUP                              7.01,9.01           07/26/11

SYMANTEC CORP                           DE       7.01,9.01           07/26/11

SYNALLOY CORP                           DE       2.02,9.01           07/26/11

TEAM INC                                TX       1.01,2.02,9.01      07/26/11

TELLABS INC                             DE       2.02,2.05,9.01      07/25/11

TEMPUR PEDIC INTERNATIONAL INC          DE       2.02,7.01,9.01      07/26/11

TENNECO INC                             DE       5.07                05/18/11    AMEND

TII NETWORK TECHNOLOGIES, INC.          DE       4.01,9.01           07/22/11

TIMBERLAND CO                           DE       5.07,8.01           07/15/11

TMST, Inc.                              MD       7.01,9.01           07/25/11

TOTAL SYSTEM SERVICES INC               GA       2.02,7.01,9.01      07/26/11

Transfer Technology International Cor   DE       3.02,8.01           07/25/11

TRI COUNTY FINANCIAL CORP /MD/          MD       2.02,9.01           07/22/11

TRIDENT MICROSYSTEMS INC                DE       5.02,9.01           07/20/11

TRUSTMARK CORP                          MS       2.02,9.01           07/26/11

Tsingda eEDU Corp                       E9       1.01,3.02,9.01      07/12/11

Under Armour, Inc.                      MD       2.02,9.01           07/26/11

UNITED FIRE & CASUALTY CO               IA       2.02,9.01           07/26/11

UNITED STATIONERS INC                   DE       2.02,9.01           07/25/11

Urban Barns Foods Inc.                  NV       3.02,9.01           07/22/11

US CONCRETE INC                         DE       5.02,9.01           07/26/11

USA TECHNOLOGIES INC                    PA       2.02,9.01           07/26/11

USANA HEALTH SCIENCES INC               UT       2.02,9.01           07/26/11

UTAH MEDICAL PRODUCTS INC               UT       2.02                07/26/11

VALERO ENERGY CORP/TX                   DE       2.02,9.01           07/26/11

VICOR CORP                              DE       2.02,9.01           07/26/11

Vicor Technologies, Inc.                DE       1.01,9.01           07/22/11

ViewPoint Financial Group Inc.          MD       5.02,8.01,9.01      07/21/11

VIST FINANCIAL CORP                     PA       2.02,9.01           07/26/11

Vocus, Inc.                             DE       2.02,9.01           07/26/11

W R GRACE & CO                          DE       2.02,9.01           07/26/11

WADDELL & REED FINANCIAL INC            DE       2.02,9.01           07/26/11

Warner Music Group Corp.                DE       1.01,1.02,2.03,5.02,07/20/11

WATERS CORP /DE/                        DE       2.02,9.01           07/26/11

WATSCO INC                              FL       2.02,7.01,9.01      07/26/11

WATSON PHARMACEUTICALS INC              NV       2.02,9.01           07/26/11

Waxess Holdings, Inc.                   DE       5.03,5.07,9.01      07/21/11

Weatherford International Ltd./Switze   V8       2.02,7.01,9.01      07/26/11

WEBSENSE INC                            DE       2.02,9.01           07/26/11

WELLS REAL ESTATE FUND XIV LP           GA       2.01,9.01           07/21/11

WESBANCO INC                            WV       2.02,7.01,9.01      07/26/11

WEST SUBURBAN BANCORP INC               IL       1.01,1.02,5.02,9.01 07/20/11

WESTERN PLAINS ENERGY LLC               KS       8.01                07/22/11

Western Union CO                        DE       2.02,7.01,9.01      07/26/11

WESTINGHOUSE AIR BRAKE TECHNOLOGIES C   DE       2.02,8.01,9.01      07/26/11

World Surveillance Group Inc.           DE       7.01,9.01           07/26/11

WVS FINANCIAL CORP                      PA       8.01,9.01           07/26/11

YELLOW7, Inc                            TX       8.01,9.01           07/08/11

Zevotek, Inc                            DE       8.01                07/19/11

ZIX CORP                                TX       2.02,9.01           07/26/11

ZIX CORP                                TX       5.02,9.01           07/21/11

ZIX CORP                                TX       5.02                07/21/11

ZORAN CORP \DE\                         DE       2.02,9.01           07/26/11



Modified: 07/27/2011