U.S. Securities & Exchange Commission
SEC Seal
Home | Previous Page
U.S. Securities and Exchange Commission

SEC News Digest

Issue 2012-104
May 30, 2012

Enforcement Proceedings

In the Matter of Prime Star Group, Inc.

On May 29, 2012, the Commission issued an Order Making Findings and Revoking Registration of Securities Pursuant to Section 12(j) of the Securities Exchange Act of 1934 (Order) against Prime Star Group, Inc. (Prime Star). The Order finds that Prime Star is a Nevada corporation headquartered in Las Vegas, Nevada, with a class of equity securities registered with the Commission pursuant to Section 12(g) of the Exchange Act. Prime Star’s stock was quoted on the OTC Link operated by OTC Markets Group, Inc. The stock currently trades on the over-the-counter market (grey market). The Order also finds that Prime Star failed to comply with Section 13(a) of the Exchange Act and Rules 13a-1 and 13a-13 thereunder, by not filing an Annual Report on Form 10-K since May 14, 2010 for the fiscal year ended December 31, 2009, or quarterly reports on Form 10-Q for any fiscal period subsequent to its fiscal quarter ended September 30, 2010.

Based on the above, Prime Star consented to the issuance of the Order revoking the registration of each class of Prime Star’s securities registered with the Commission pursuant to Section 12 of the Exchange Act. (Rel. 34-67067; File No. 3-14787)

In the Matter of Elijah Bang

On May 29, 2012, the Commission issued an Order Instituting Administrative Proceedings Pursuant to Section 203(f) of the Investment Advisers Act of 1940, Making Findings and Imposing Remedial Sanctions (Order) against Elijah Bang (Respondent). The Order finds that on December 27, 2011, a judgment was entered by consent against Respondent in SEC v. IU Group, Inc., et al. (Civil Action No. CV-11-00556 MMM (AJWx) (C.D. Cal.)), permanently enjoining him from future violations of Sections 5(c) and 17(a) of the Securities Act of 1933 and Sections 206(1), 206(2), and 206(4) of the Investment Advisers Act of 1940 and Rule 206(4)-8 thereunder.

The Order further finds that the Commission’s complaint in SEC v. IU Group, Inc., et al. alleged that Bang attempted to solicit investors on behalf of IU Wealth, Inc., of which Bang was its principal, and which purported to operate as a hedge fund. The complaint alleged that Bang made material representations to prospective investors in IU Wealth, including falsely representing that the purported hedge fund had generated an average monthly return of 8.29%, and that the fund handled the wealth of high-net worth individuals such as athletes, actors, and producers.

Based on the above, the Order bars Elijah Bang from association with any broker, dealer, investment adviser, municipal securities dealer, municipal advisor, transfer agent, or nationally recognized statistical rating organization. Respondent consented to the issuance of the Order without admitting or denying any of the findings except as to the entry of the order of permanent injunction. (Rel. IA-3410; File No. 3-14895)

Delinquent Filer’s Stock Registration Revoked

The registration of the registered securities of SinoTech Energy Limited has been revoked. It had failed to file required reports with the Securities and Exchange Commission. Thus, it violated a crucial provision of the federal securities laws that requires public corporations to publicly disclose current, accurate financial information so that investors may make informed decisions. The revocation was ordered in an administrative proceeding before an administrative law judge. (Rel. 34-67073; File No. 3-14867)

In the Matter of Oxford Investment Partners, LLC and Walter J. Clarke

On May 30, 2012, the Commission issued an Order Instituting Administrative and Cease-and-Desist Proceedings Pursuant to Sections 203(e), 203(f), and 203(k) of the Investment Advisers Act of 1940 and Section 9(b) of the Investment Company Act of 1940 and Notice of Hearing (Order) against Oxford Investment Partners, LLC (Oxford) and Walter J. Clarke (Clarke).

In the Order, the Division of Enforcement alleges that Clarke – Oxford’s owner and president – employed several devices to fraudulently inflate the value of Oxford by at least $1.5 million when selling an ownership stake to a client. This caused the client to overpay by at least $112,000. Oxford and Clarke also advised clients to invest with two businesses without disclosing that Clarke owned one of them and had financial ties to the owners of the other. Both investments later failed.

According to the Division’s allegations, in March 2008 Clarke sold an Oxford client 7.5% of his ownership interest in the firm. The client paid $750,000 based on Clarke’s valuation of Oxford at $10 million. However, Clarke used several devices to fraudulently inflate Oxford’s value. First, Clarke applied an excessive and baseless multiple to Oxford’s 2007 annual revenue. Second, Clarke calculated Oxford’s 2007 revenue by quadrupling Oxford’s Q4 2007 revenue – the highest of 2007 – and ignoring Oxford’s lower revenue in the previous three quarters. Third, Clarke added a baseless $1 million “premium” to Oxford’s valuation. With these ploys, Clarke overvalued Oxford by at least $1.5 million, causing the client to overpay by at least $112,000.

Additionally, and as alleged in the Order, in September 2007 and March 2008, Clarke convinced three clients to fund over $300,000 in loans originated by Cornerstone Funding Group. However, Oxford and Clarke failed to disclose that Clarke was an owner of Cornerstone and would profit if it successfully originated loans. Within months of the loans being funded, the underlying borrowers defaulted, causing the clients to lose their investments.

The Division of Enforcement further alleges that in November 2008, Clarke convinced four clients to invest approximately $40,000 in HotStix, a privately-held company, without disclosing that the owners of HotStix owned a portion of Oxford and were paid Oxford consultants. Shortly after the investments, HotStix sought bankruptcy protection, and the clients lost their investments.

As alleged in the Order, Oxford and Clarke willfully violated Sections 206(1), 206(2) and 206(4) of the Investment Advisers Act of 1940 and Rule 206(4)-8 thereunder.

A hearing will be scheduled before an Administrative Law Judge to determine whether the allegations contained in the Order are true, and to afford the Respondents an opportunity to establish defenses to the allegations, and to determine whether remedial action is appropriate and in the public interest.

The Order requires the Administrative Law Judge to issue an initial decision no later than 300 days from the date of service of the Order, pursuant to Rule 360(a)(2) of the Commission’s Rules of Practice. (Rels. IA-3412; IC-30086; File No. 3-14899)

Securities and Exchange Commission Orders Hearing on Registration Suspension or Revocation Against Eight 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 eight companies for failure to make required periodic filings with the Commission:

  • Ohio Ferro Alloys Corp.
  • Orbcomm Corp.
  • Outboard Marine Corp.
  • Oz Communications, Inc.
  • Penn-Pacific Corp.
  • Peoples Community Bancorp (PCBI)
  • Performance Health Technologies, Inc. (PFMH)
  • Petals Decorative Accents, Inc.

In this Order, the Division of Enforcement (Division) alleges that the eight 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. 34-67077; File No. 3-14900)

Court Approves Plan of Distribution in BISYS Financial Reporting Case

The Hon. Richard J. Sullivan issued an order on May 21, 2012 approving the Securities and Exchange Commission’s proposed plan of distribution in SEC v. The BISYS Group, Inc. 07 Civ. 4010 (RJS) (S.D.N.Y.) (the Distribution Plan, or Plan). Pursuant to the court’s order approving the Plan, A.B. Data, Ltd., the claims administration firm that served as the court-appointed claims administrator in a parallel class action, In re BISYS Securities Litigation, 04-Civ-3840 (JSR) (S.D.N.Y.) (the Class Action), will implement the Plan and administer the distribution.

The Distribution Plan will govern the distribution of the approximately $25 million paid by BISYS in settlement of this financial reporting case, plus additional funds added from the Fair Fund created in a related case, SEC v. Steven Wevodau, 08 Civ. 8348 (RJS) (S.D.N.Y.). Under the terms of the Distribution Plan, the available funds will be distributed to shareholders who acquired and held BISYS stock during the period beginning on October 23, 2000 and ending on April 22, 2004) (the “Recovery Period”), and suffered a loss on their investment, as calculated under the Plan. Persons eligible to receive a distribution under the proposed Plan are persons who acquired BISYS shares during the Recovery Period, and who incurred a Net Recognized Loss, as defined under the Plan, with respect to their purchase of BISYS shares and (a) submitted a claim that was not deemed deficient in the Class Action; or (b) who opted out of the class in the Class Action.

The Commission’s complaint against BISYS, filed May 23, 2007, alleged that BISYS violated the financial reporting, books-and-records, and internal control provisions of the Securities Exchange Act of 1934 by engaging in a variety of improper accounting practices that resulted in material overstatements of BISYS’s reported financial results by roughly $180 million in fiscal years 2001, 2002, and 2003. As a result, the Commission alleged that BISYS filed annual and quarterly reports, and other documents, that materially misstated its results for the fiscal years ended June 30, 2001, 2002, and 2003, interim quarters during those fiscal years, and the quarters ended September 30, and December 31, 2003. On July 27, 2007, the Court entered a final judgment against BISYS, to which BISYS consented without admitting or denying the allegations in the complaint. BISYS is now known as Citi Investor Services, Inc. [SEC v. The BISYS Group, Inc. 07 Civ. 4010 (RJS) (S.D.N.Y.); SEC v. Wevodau, 08 Civ. 8348 (RJS) (S.D.N.Y.)] (LR-22379)

SEC v. Richard DeMaria

The Securities and Exchange Commission charged Chicago-area resident Richard DeMaria yesterday with fraud, alleging that he operated a prime bank scheme that defrauded at least thirteen investors out of approximately $4.3 million.

The SEC’s complaint, filed on May 29, 2012 in the U.S. District Court for the Northern District of Illinois, alleges that DeMaria enticed his investor victims to invest money with him to purchase interests in a financial instrument for the purpose of generating a profit. Instead of purchasing any financial instruments, DeMaria misappropriated virtually all of the victims’ money for his own personal use.

The SEC alleges that DeMaria never acquired any financial instruments, which is typical in prime bank schemes. When investors sought the return of their investments, DeMaria lulled investors with promises that a deal to acquire a financial instrument was imminent. These promises were false.

According to the SEC’s complaint, DeMaria misappropriated at least $3.8 million of the investor funds. He used investor funds for, among other things, his personal use and to fund his other business ventures. For example, DeMaria used over $2 million to fund his real estate business. He also spent over $90,000 of investors’ money at a Chicago-area dealership specializing in the sale of sports cars. DeMaria also used investor funds for travel and expensive meals.

The SEC complaint alleges violations of Section 17(a) of the Securities Act of 1933 (“Securities Act”), Section 10(b) Securities Exchange Act of 1934 (“Exchange Act”), and Rule 10b-5 thereunder by DeMaria. As part of this action, the SEC seeks an order of permanent injunction against DeMaria as well as the payment of disgorgement of ill-gotten gains, prejudgment interest and civil penalties.

The staff’s investigation is continuing. [SEC v. Richard DeMaria, Civil Action No. 1:12-cv-04145 (N.D. Ill.) (Judge Kennelly)] (LR-22380)

Self-Regulatory Organizations

Immediate Effectiveness of Proposed Rule Changes

A proposed rule change filed by NYSE Arca, Inc. regarding the extension of unlisted trading privileges to new derivative securities products that are listed on another exchange and to make other conforming and technical amendments (SR-NYSEArca-2012-46) 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 May 28. (Rel. 34-67066)

The Commission issued notice of filing and immediate effectiveness of a proposed rule change (SR-Phlx-2012-67) filed by NASDAQ OMX PHLX LLC under Rule 19b-4 of the Securities Exchange Act of 1934 relating to the MSCI EAFE Index. Publication is expected in the Federal Register during the week of May 28. (Rel. 34-67071)

Notice of Designation of a Longer Period For Commission Action

ICE Clear Credit LLC filed a proposed rule change (SR-ICC-2012-04) under Section 19(b)(1) of the Securities Exchange Act of 1934 to Add Rules Related to the Clearing of Emerging Markets Sovereign Index Credit Default Swaps. Publication is expected in the Federal Register during the week of May 28. (Rel. 34-67070)

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.

S-1     Koffee Korner Inc., 6560 FANNIN STREET, SUITE 245, HOUSTON, TX, 77030, 
        713-525-2268 - 1,380,000 ($138,000.00) Equity, (File 333-181719 - 
        May. 29) (BR. 05B)

        77056, 7133328475 - 2,650,000 ($19,212,500.00) Equity, 
        (File 333-181724 - May. 29) (BR. 11C)

S-8     Lone Pine Resources Inc., 640-5 AVENUE SW, SUITE 1100, CALGARY, A0, 
        T2P 3G4, 403-292-8000 - 0 ($2,512,500.00) Equity, (File 333-181725 - 
        May. 29) (BR. 04A)

S-8     CAMDEN NATIONAL CORP, TWO ELM ST, CAMDEN, ME, 04843, 2072368821 - 
        800,000 ($25,452,000.00) Equity, (File 333-181726 - May. 29) (BR. 07B)

        T2P 0M5, 403-766-2000 - 0 ($500,000,000.00) Debt, (File 333-181728 - 
        May. 29) (BR. 04B)

S-8     iBio, Inc., 9 INNOVATION WAY, SUITE 100, NEWARK, DE, 19711, 
        302 355-0650 - 0 ($14,152,534.00) Equity, (File 333-181729 - May. 29) 
        (BR. 01A)

S-1     Energizer Resources, Inc., 520 ? 141 ADELAIDE ST. W., TORONTO, A6, 
        M5H 3L5, 416-364-4986 - 45,677,334 ($45,677.33) Equity, 
        (File 333-181730 - May. 29) (BR. 09A)

S-8     INTUIT INC, 2700 COAST AVENUE, MOUNTAIN VIEW, CA, 94043, 650-944-6000 - 
        858,287 ($32,196,739.84) Equity, (File 333-181732 - May. 29) (BR. 03C)

        SAN DIEGO, CA, 92121, 8589090736 - 0 ($170,583,665.00) Equity, 
        (File 333-181733 - May. 29) (BR. 01B)

        22042, 7038761000 - 0 ($292,270,000.00) Equity, (File 333-181734 - 
        May. 29) (BR. 03B)

        22042, 7038761000 - 0 ($159,420,000.00) Equity, (File 333-181735 - 
        May. 29) (BR. 03B)

        VA, 22102, 7037201000 - 0 ($497,400,000.00) Equity, (File 333-181736 - 
        May. 29) (BR. 12A)

S-8     SP Bancorp, Inc., 5224 WEST PLANO PARKWAY, PLANO, TX, 35093, 
        (972) 931-5311 - 241,500 ($2,942,677.00) Equity, (File 333-181737 - 
        May. 29) (BR. 07B)

        1118 BH SCHIPHOL, P7, XXXXX, 31 20 6535916 - 
        75,000,000 ($75,000,000.00) Equity, (File 333-181738 - May. 29) 
        (BR. 11C)

        303-652-3113 - 0 ($1,187,500.00) Equity, (File 333-181739 - May. 29) 
        (BR. 04A)

        600 OFFICE CENTER DRIVE, FORT WASHINGTON, PA, 19034, 2157065332 - 
        0 ($906,471.00) Equity, (File 333-181740 - May. 29) (BR. 02A)

        MN, 55391-1693, 952-745-2760 - 0 ($0.00) Other, (File 333-181741 - 
        May. 29) (BR. 07C)

S-1     Sector 5, Inc., 2186 DARBY STREET, ESCONDIDO, CA, 92025, 702-406-6848 - 
        5,000,000 ($50,000.00) Equity, (File 333-181742 - May. 29) (BR. )

S-8     Iridium Communications Inc., 1750 TYSONS BOULEVARD, SUITE 1400, MCLEAN, 
        VA, 22102, 301-571-6200 - 0 ($112,090,839.00) Equity, 
        (File 333-181744 - May. 29) (BR. 11A)

        LAKE OSWEGO, OR, 97035, 5036840884 - 400,000 ($7,512,000.00) Equity, 
        (File 333-181745 - May. 29) (BR. 07C) 

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


ABIOMED INC                             DE       5.02                 05/22/12

ACCELERIZE NEW MEDIA INC                DE       5.02,9.01            05/24/12

ACCESS PHARMACEUTICALS INC              DE       5.07                 05/24/12

ACCESS PHARMACEUTICALS INC              DE       5.02                 05/24/12

Access Plans Inc                                 8.01,9.01            05/29/12

Affinia Group Intermediate Holdings I   DE       1.01,2.03,9.01       05/22/12

ALEXION PHARMACEUTICALS INC             DE       8.01,9.01            05/24/12

ALIGN TECHNOLOGY INC                    DE       5.07                 05/23/12

ALLIANCE FINANCIAL CORP /NY/            NY       8.01,9.01            05/29/12

Allied Nevada Gold Corp.                DE       1.01,2.03,8.01,9.01  05/22/12

ALLSCRIPTS HEALTHCARE SOLUTIONS, INC.   DE       8.01                 05/29/12

Alpha Natural Resources, Inc.           DE       1.04                 05/22/12

American Capital Mortgage Investment    MD       1.01,9.01            05/24/12

AMERICAN GREETINGS CORP                 OH       5.02                 05/24/12

American Midstream Partners, LP         DE       5.02,8.01            05/22/12

AMERICAN REALTY CAPITAL HEALTHCARE TR   MD       2.03                 05/25/12

AMERICAN REALTY CAPITAL NEW YORK RECO   MD       2.01,9.01            03/21/12    AMEND

American Realty Capital Properties, I   MD       7.01,9.01            04/27/12

American Realty Capital Properties, I   MD       8.01,9.01            05/29/12

American Realty Capital Trust, Inc.     DE       7.01,9.01            05/29/12

AMP Holding Inc.                        NV       1.01,3.02,9.01       01/06/12    AMEND

AMPHENOL CORP /DE/                      DE       5.07                 05/23/12

AMSURG CORP                             TN       7.01,9.01            05/29/12

Amtrust Financial Services, Inc.        DE       5.02,5.07,9.01       05/23/12

APACHE CORP                             DE       5.07                 05/24/12

APEX 3, INC.                            DE       5.03,5.07            05/04/12

Apollo Commercial Real Estate Finance   MD       2.03                 05/22/12

ARADIGM CORP                            CA       5.07                 05/25/12

ARENA PHARMACEUTICALS INC               DE       1.02                 05/25/12

ARQULE INC                              DE       5.07,9.01            05/24/12

ARTHROCARE CORP                         DE       5.07,7.01            05/24/12

Aspect FuturesAccess LLC                DE       5.02                 05/22/12

ASPEN GROUP, INC.                       DE       2.01,4.01,5.01,5.02, 03/13/12    AMEND

AT&T INC.                               DE       8.01,9.01            05/29/12

AT&T INC.                               DE       8.01                 05/29/12

AtheroNova Inc.                         DE       1.01,2.03,3.02,9.01  05/22/12

ATMOS ENERGY CORP                       TX       5.02,9.01            05/29/12

Augme Technologies, Inc.                DE       1.01,3.02,8.01,9.01  05/24/12

AXCELIS TECHNOLOGIES INC                DE       7.01,9.01            05/29/12

Axiom Gold & Silver Corp                         5.02,9.01            05/19/12

BALCHEM CORP                            MD       7.01                 05/29/12

Bancorp of New Jersey, Inc.             NJ       5.07                 05/23/12

BANCTRUST FINANCIAL GROUP INC           AL       8.01,9.01            05/28/12

BANK JOS A CLOTHIERS INC /DE/           DE       8.01,9.01            05/29/12

Beacon Federal Bancorp, Inc.            MD       8.01,9.01            05/25/12

BIG LOTS INC                            OH       2.02,5.02,5.07,8.01, 05/23/12 
BIONOVO INC                             DE       8.01                 05/25/12    AMEND

BlackRock Inc.                          DE       5.07                 05/24/12

BLONDER TONGUE LABORATORIES INC         DE       5.07,9.01            05/23/12

BOB EVANS FARMS INC                     DE       2.05,9.01            05/29/12

BODY CENTRAL CORP                                5.02,5.07,9.01       05/24/12

BOOKS A MILLION INC                     DE       5.07                 05/22/12

BROWN SHOE CO INC                       NY       5.02,5.07,8.01,9.01  05/29/12

CAMBIUM LEARNING GROUP, INC.                     8.01,9.01            05/22/12

CarePayment Technologies, Inc.          OR       5.02,8.01,9.01       05/29/12

CATALYST PHARMACEUTICAL PARTNERS, INC   DE       1.01,9.01            05/24/12

CATO CORP                               DE       5.07                 05/29/12

CAVCO INDUSTRIES INC                    DE       2.02,9.01            05/29/12

CEDAR REALTY TRUST, INC.                MD       1.01,5.03,9.01       05/29/12

CENTURY CASINOS INC /CO/                DE       1.01                 05/29/12

CHEESECAKE FACTORY INC                  DE       8.01,9.01            05/29/12

CHEMBIO DIAGNOSTICS, INC.               NV       7.01,9.01            05/29/12

CHENIERE ENERGY INC                     DE       7.01,9.01            05/29/12

Cheniere Energy Partners, L.P.          DE       7.01,9.01            05/29/12

CHINA BAK BATTERY INC                   NV       3.01,9.01            05/29/12

CHINA HGS REAL ESTATE INC.              F4       5.02,9.01            05/28/12

CHYRON CORP                             NY       5.02,9.01            05/23/12

Citi Trends Inc                                  5.07                 05/23/12

CITIZENS BANCSHARES CORP /GA/           GA       5.07                 05/29/12

CLAIRES STORES INC                      DE       5.02                 05/22/12

CLOROX CO /DE/                          DE       7.01,9.01            05/25/12

CME GROUP INC.                          DE       1.01,5.03,5.07,9.01  05/23/12

COMMUNITY WEST BANCSHARES /             CA       5.02,5.07,7.01,9.01  05/24/12

Consolidated Communications Holdings,   DE       1.01,8.01,9.01       05/22/12

CONSOLIDATED WATER CO LTD               E6       5.07                 05/22/12

CORPORATE BOND BACKED CERT TR SER 199   DE       8.01,9.01            05/15/12

CROSS COUNTRY HEALTHCARE INC            DE       2.02,7.01,9.01       05/25/12

CTS CORP                                IN       5.02,5.07,9.01       05/29/12

DARA BioSciences, Inc.                  DE       5.02                 05/29/12

DEL TORO SILVER CORP.                   NV       1.01,3.02,9.01       05/26/12

DELTA OIL & GAS INC                              5.07                 05/25/12

DIVERSIFIED GLOBAL HOLDINGS GROUP INC   FL       2.04                 05/22/12

Dolby Laboratories, Inc.                DE       8.01                 05/29/12

DOLLAR TREE INC                         VA       8.01,9.01            05/29/12

Domark International Inc.               NV       5.02,9.01            05/25/12    AMEND

DREW INDUSTRIES INC                     DE       5.07                 05/24/12

EAST WEST BANCORP INC                            5.02,5.07,9.01       05/22/12

EASTGATE ACQUISITIONS CORP              NV       1.01,2.01,5.01,5.02, 05/29/12
ECHELON CORP                            DE       5.07                 05/22/12

ECO VENTURES GROUP, INC.                NV       1.01,7.01            05/25/12

eLayaway, Inc.                          DE       5.07                 05/22/12

ELECTRONIC ARTS INC.                    DE       5.02                 05/24/12

ENDEAVOUR INTERNATIONAL CORP            NV       5.02,5.03,5.07,9.01  05/24/12

ENDO HEALTH SOLUTIONS INC.              DE       1.01,9.01            05/28/12

EnerSys                                 DE       5.03,7.01,8.01,9.01  05/24/12

ENOVA SYSTEMS INC                       CA       3.01,9.01            05/22/12

Erickson Air-Crane Inc                  DE       1.01,9.01            05/23/12

EVOLVING SYSTEMS INC                    DE       8.01                 05/25/12

Federal Home Loan Bank of Atlanta       X1       2.03                 05/29/12

Federal Home Loan Bank of Boston        X1       2.03                 05/23/12

Federal Home Loan Bank of Chicago       X1       2.03                 05/23/12

Federal Home Loan Bank of Dallas                 2.03,9.01            05/22/12

Federal Home Loan Bank of Indianapoli   X1       2.03,9.01            05/29/12

Federal Home Loan Bank of New York      X1       2.03,9.01            05/23/12

Federal Home Loan Bank of Pittsburgh    PA       2.03,9.01            05/23/12

Federal Home Loan Bank of San Francis   X1       2.03                 05/23/12

Federal Home Loan Bank of Seattle                2.03                 05/24/12

Federal Home Loan Bank of Topeka                 2.03,9.01            05/23/12

FFD FINANCIAL CORP/OH                   OH       3.01,9.01            05/29/12

FIRST BANCORP /PR/                      PR       5.07                 05/29/12

First Financial Northwest, Inc.         WA       5.07,9.01            05/24/12

FIRSTENERGY CORP                        OH       7.01                 05/29/12

FLEXTRONICS INTERNATIONAL LTD.          U0       2.02,9.01            05/29/12

FNB CORP/FL/                            FL       5.07                 05/23/12

FOREST OIL CORP                         NY       8.01                 05/25/12

Forestar Group Inc.                     DE       1.01,2.03,9.01       05/24/12

FORMFACTOR INC                          DE       2.02,9.01            05/29/12

Fortress Investment Group LLC           DE       5.07                 05/23/12

FRANKLIN CREDIT HOLDING CORP/DE/        DE       7.01,9.01            05/22/12

Fraternity Community Bancorp Inc                 8.01,9.01            05/24/12

FREDERICK'S OF HOLLYWOOD GROUP INC /N   NY       1.01,3.02,9.01       05/23/12

FreightCar America, Inc.                DE       5.07                 05/24/12

FUEL TECH, INC.                         DE       5.07                 05/24/12

GateHouse Media, Inc.                   DE       5.07                 05/24/12

GLATFELTER P H CO                       PA       8.01,9.01            05/24/12

GLIMCHER REALTY TRUST                   MD       1.01,2.03,8.01,9.01  05/23/12

GOLDEN GLOBAL CORP.                     NV       4.01,9.01            05/24/12

GRAND RIVER COMMERCE INC                MI       5.07                 05/24/12

Great Lakes Dredge & Dock CORP          DE       8.01,9.01            05/29/12

GREEN & QUALITY HOME LIFE, INC.         NV       1.01,5.01,5.02,9.01  05/23/12

GREER BANCSHARES INC                    SC       5.07                 05/24/12

GRYPHON GOLD CORP                       NV       7.01,9.01            05/29/12

GULF ISLAND FABRICATION INC             LA       8.01                 05/29/12

HARSCO CORP                             DE       5.02                 05/22/12

HARTFORD LIFE INSURANCE CO              CT       2.02,7.01,9.01       05/29/12

HEALTHCARE TRUST OF AMERICA, INC.       MD       7.01,9.01            05/29/12

HEALTHCARE TRUST OF AMERICA, INC.       MD       8.01,9.01            05/29/12

Heartland Bridge Capital, Inc.          DE       1.01,3.02,9.01       04/13/12

Heartland Bridge Capital, Inc.          DE       1.01,3.02,8.01,9.01  05/21/12

Helios & Matheson Information Technol   DE       5.07                 05/22/12

HERTZ GLOBAL HOLDINGS INC                        5.07                 05/24/12

HFF, Inc.                               DE       5.07                 05/24/12

Highbridge Commodities FuturesAccess    DE       5.02                 05/22/12

HORACE MANN EDUCATORS CORP /DE/         DE       1.01,5.07,9.01       05/23/12

HOUSTON AMERICAN ENERGY CORP            DE       5.02                 05/24/12

HUNT GLOBAL RESOURCES, INC.             CO       5.02,7.01,9.01       05/22/12

IBERIABANK CORP                         LA       8.01                 05/29/12

IDENTIVE GROUP, INC.                    DE       7.01                 05/24/12

IMOGO MOBILE TECHNOLOGIES CORP.         NV       5.02                 04/02/12

Imperial Holdings, Inc.                          7.01,9.01            05/29/12

INDEPENDENCE HOLDING CO                 DE       5.02,9.01            05/29/12

INFINITY PROPERTY & CASUALTY CORP       OH       5.07                 05/23/12

IntelGenx Technologies Corp.            DE       7.01                 05/29/12

INTELLIGENT SYSTEMS CORP                GA       1.01,5.07            05/24/12

INTERLINE BRANDS, INC./DE               DE       1.01,7.01,9.01       05/29/12

INTERLINE BRANDS, INC./DE               DE       8.01,9.01            05/29/12

INTERPUBLIC GROUP OF COMPANIES, INC.    DE       5.07                 05/24/12

IRONCLAD PERFORMANCE WEAR CORP                   5.07,8.01,9.01       05/23/12

ISABELLA BANK CORP                      MI       8.01,9.01            05/25/12

ITC Holdings Corp.                      MI       5.02,5.07,8.01       05/22/12

ITERIS, INC.                            DE       2.02,9.01            05/29/12

KBS Legacy Partners Apartment REIT, I   MD       2.01,9.01            05/03/12    AMEND

KINDRED HEALTHCARE, INC                 DE       1.01,7.01,9.01       05/23/12

KINGOLD JEWELRY, INC.                   DE       8.01,9.01            05/29/12

LAMAR ADVERTISING CO/NEW                DE       1.01,5.07,9.01       05/24/12

LANDEC CORP \CA\                        CA       1.01,2.03,9.01       05/23/12

LANDSTAR SYSTEM INC                     DE       5.02,5.07            05/24/12

LECROY CORP                             DE       1.01,8.01,9.01       05/28/12

LEHMAN ABS CORP AT&T NOTE BACKED SERI   DE       8.01,9.01            05/15/12

LEHMAN ABS CORP BCKD TR CRTS FRD MOT    DE       8.01,9.01            05/15/12

LEHMAN ABS CORP CNA FINANCIAL DEBENTU   DE       8.01,9.01            05/15/12

LEHMAN ABS CORP SPRINT CAPITAL BACK S   DE       8.01,9.01            05/15/12

LINCOLN NATIONAL CORP                   IN       5.07                 05/24/12

LITHIA MOTORS INC                       OR       7.01,9.01            05/29/12

Lone Pine Resources Inc.                DE       8.01                 05/25/12

Man AHL FuturesAccess LLC               DE       5.02                 05/22/12

MATERION Corp                                    7.01,9.01            05/29/12

Max Cash Media Inc                      NV       8.01                 05/29/12

MCDONALDS CORP                          DE       5.02,5.07,7.01,9.01  05/23/12

MCDONALDS CORP                          DE       8.01,9.01            05/29/12

McEwen Mining Inc.                      CO       7.01,9.01            05/29/12

MEDICINES CO /DE                        DE       5.07                 05/22/12

META FINANCIAL GROUP INC                DE       8.01,9.01            05/29/12

MICREL INC                              CA       5.07                 05/24/12

ML BlueTrend FuturesAccess LLC          DE       5.02                 05/22/12

ML SELECT FUTURES I LP                  DE       5.02                 05/22/12

ML Transtrend DTP Enhanced FuturesAcc   DE       5.02                 05/22/12

ML TREND-FOLLOWING FUTURES FUND L.P.    DE       5.02                 05/22/12

ML Winton FuturesAccess LLC             DE       5.02                 05/22/12

MOCON INC                               MN       5.07                 05/24/12

MOTRICITY INC                           DE       5.02,8.01,9.01       05/29/12

NATURAL ALTERNATIVES INTERNATIONAL IN   DE       1.01                 05/25/12

Neiman Marcus, Inc.                     DE       2.02,9.01            05/29/12

NEOMAGIC CORP                           DE       5.02                 05/24/12

NEOMEDIA TECHNOLOGIES INC               DE       1.01,8.01,9.01       05/25/12

NEVADA GOLD & CASINOS INC               NV       1.01,2.01,8.01,9.01  05/25/12

NEWS CORP                                        8.01,9.01            05/28/12

NEXTERA ENERGY INC                      FL       5.07                 05/25/12

NOBLE ENERGY INC                        DE       5.03,9.01            05/25/12

NU SKIN ENTERPRISES INC                 DE       5.07                 05/21/12    AMEND

OCEANEERING INTERNATIONAL INC           DE       5.02,9.01            05/29/12

Ohr Pharmaceutical Inc                           7.01                 05/29/12

Oiltanking Partners, L.P.               DE       5.02,9.01            05/22/12

OLD REPUBLIC INTERNATIONAL CORP         DE       5.07                 05/25/12

OMNI VENTURES INC                       KS       5.02                 05/24/12

ONEOK INC /NEW/                         OK       7.01,9.01            05/29/12

ONEOK Partners LP                       DE       7.01,9.01            05/29/12

Orbitz Worldwide, Inc.                  DE       5.02                 05/23/12

ORIENTAL FINANCIAL GROUP INC            PR       5.03,9.01            05/25/12

Ortus Currency FuturesAccess LLC        DE       5.02                 05/22/12

OXIGENE INC                             DE       5.07                 05/24/12

P&F INDUSTRIES INC                      DE       5.07                 05/23/12

PAA NATURAL GAS STORAGE LP              DE       7.01                 05/29/12

PACCAR INC                              DE       5.02,9.01            05/25/12

PACIFIC MERCANTILE BANCORP              CA       7.01,9.01            05/22/12

Patriot Minefinders Inc.                NV       1.01,2.01,9.01       05/25/12

PCS EDVENTURES COM INC                  ID       7.01,9.01            05/29/12

PDF SOLUTIONS INC                       DE       8.01                 05/29/12

PENSON WORLDWIDE INC                    DE       1.01,2.05,9.01       05/28/12

PG&E CORP                               CA       8.01                 05/25/12

PINNACLE WEST CAPITAL CORP              AZ       7.01,9.01            05/29/12

PLAINS ALL AMERICAN PIPELINE LP         DE       7.01                 05/29/12

PLAINS ALL AMERICAN PIPELINE LP         DE       9.01                 04/01/12    AMEND

Power REIT                              MD       5.07,8.01            05/29/12

POWERSECURE INTERNATIONAL, INC.         DE       7.01,9.01            05/29/12

PRINCETON NATIONAL BANCORP INC          DE       5.02                 05/23/12

PRIVATE MEDIA GROUP INC                 NV       8.01                 05/22/12

Protalix BioTherapeutics, Inc.          FL       7.01,9.01            05/29/12

QCR HOLDINGS INC                        DE       8.01,9.01            05/29/12

QKL Stores Inc.                         DE       3.01,9.01            05/19/12

QLOGIC CORP                             DE       5.02                 05/24/12

REAL ESTATE ASSOCIATES LTD VII          CA       1.01,2.01,9.01       05/23/12

REALGOLD INTERNATIONAL INC              NV       5.03                 05/23/12

RED MOUNTAIN RESOURCES, INC.            FL       1.01                 05/28/12

REPROS THERAPEUTICS INC.                DE       8.01,9.01            05/29/12

Resolute Forest Products Inc.           DE       5.07,8.01,9.01       05/22/12

RESPONSE GENETICS INC                            5.02                 05/24/12

RIGEL PHARMACEUTICALS INC               DE       5.02,5.03,5.07,9.01  05/22/12

ROYAL GOLD INC                          DE       8.01,9.01            05/25/12

RYLAND GROUP INC                        MD       8.01,9.01            05/24/12

SCIQUEST INC                            DE       1.01,5.02,9.01       05/24/12

SEACOAST BANKING CORP OF FLORIDA        FL       5.07                 05/24/12

SERENA SOFTWARE INC                     DE       5.02                 05/25/12

SEVILLE VENTURES CORP                   NV       1.01,2.03,9.01       05/25/12

SHAW GROUP INC                          LA       5.02,9.01            05/23/12

Shrink Nanotechnologies, Inc.           DE       4.01,9.01            05/22/12

SIERRA RESOURCE GROUP INC               NV       5.02,9.01            05/15/12

Sky Harvest Windpower Corp.             NV       1.01,3.02,9.01       05/29/12

SLM CORP                                DE       5.07,8.01            05/24/12

SM Energy Co                            DE       5.07,7.01            05/21/12

SOLUTIA INC                             DE       8.01,9.01            05/29/12

SOUTHWESTERN ENERGY CO                  DE       5.02,5.03,5.07,9.01  05/22/12

STAG Industrial, Inc.                            1.01,9.01            05/22/12

STEVEN MADDEN, LTD.                     DE       5.07                 05/25/12

Strategic Mining Corp                            2.03,9.01            04/13/12

STURM RUGER & CO INC                    DE       8.01,9.01            05/29/12

SUNRISE SENIOR LIVING INC               DE       9.01                 03/20/12    AMEND

SUNVALLEY SOLAR, INC.                   NV       5.03,9.01            05/25/12

SUPREME INDUSTRIES INC                  DE       5.02,5.07,9.01       05/23/12

SYNERGETICS USA INC                              2.02,9.01            05/29/12

SYNTROLEUM CORP                         DE       8.01                 05/23/12

Systematic Momentum FuturesAccess LLC   DE       5.02                 05/22/12

TELEDYNE TECHNOLOGIES INC               DE       1.01,8.01,9.01       05/28/12

TERADYNE, INC                           MA       5.02,5.07            05/22/12

THORATEC CORP                           CA       5.07                 05/23/12

TRANSGENOMIC INC                        DE       5.03,5.07,9.01       05/23/12

TRC COMPANIES INC /DE/                  DE       5.02,9.01            05/23/12

TRUSTMARK CORP                          MS       8.01,9.01            05/28/12

Twin Cities Power Holdings, LLC         MN       1.01,2.03            05/21/12    AMEND

U S PRECIOUS METALS INC                 DE       1.01                 05/23/12

Under Armour, Inc.                      MD       7.01                 05/29/12

UNICO AMERICAN CORP                     NV       5.02                 05/24/12

UNITEDHEALTH GROUP INC                  MN       7.01                 05/29/12

URBAN OUTFITTERS INC                    PA       5.07                 05/22/12

USA TECHNOLOGIES INC                    PA       8.01,9.01            05/29/12

V F CORP                                PA       5.02                 05/24/12

VAALCO ENERGY INC /DE/                  DE       5.02,9.01            05/29/12

VERIFONE SYSTEMS, INC.                  DE       2.02,7.01            05/29/12

VERTEX PHARMACEUTICALS INC / MA         MA       5.02                 05/24/12

VISCOUNT SYSTEMS INC                    NV       5.07                 05/29/12

VISHAY INTERTECHNOLOGY INC              DE       7.01,9.01            05/29/12

WASHINGTON REAL ESTATE INVESTMENT TRU   MD       5.07                 05/24/12

WAVE SYSTEMS CORP                       DE       8.01                 05/29/12

WAYNE SAVINGS BANCSHARES INC /DE/       DE       7.01,9.01            05/24/12

WAYNE SAVINGS BANCSHARES INC /DE/       DE       5.07                 05/24/12

WELLS FARGO & COMPANY/MN                DE       9.01                 05/29/12

Whitestone REIT                         TX       7.01,9.01            05/29/12

Whitestone REIT Operating Partnership   DE       7.01,9.01            05/29/12

WILLIS LEASE FINANCE CORP               DE       5.07                 05/24/12

Winthrop Realty Trust                   OH       5.02,8.01,9.01       05/23/12

XIANGTIAN (USA) AIR POWER CO., LTD.              5.03,9.01            05/25/12

Your Event, Inc.                        NV       8.01                 05/25/12



Modified: 05/30/2012