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U.S. Securities and Exchange Commission

SEC News Digest

Issue 2012-143
July 25, 2012

Enforcement proceedings

In the Matter of Advanced BioPhotonics, Inc., et al.

An Administrative Law Judge issued an Initial Decision as to 2-Track Global, Inc. (Initial Decision), in Advanced BioPhotonics, Inc., Admin. Proc. 3-14815. The Initial Decision finds that the allegations in the Order Instituting Proceedings are true; 2-Track Global, Inc., has securities registered with the Securities and Exchange Commission (Commission) and has failed to comply with Section 13(a) of the Securities Exchange Act of 1934 (Exchange Act) and Exchange Act Rules 13a-1 and 13a-13 by not filing required periodic reports with the Commission for several years. As a result, the Administrative Law Judge ordered the revocation of the registration of each class of the company’s registered securities.

This proceeding began with six Respondents. On April 24, 2012, I issued an Order Making Findings and Revoking Registrations by Default as to Advanced BioPhotonics, Inc., Advanced Viral Research Corp., and Brantley Capital Corp. See Advanced BioPhotonics, Inc., Exchange Act Release No. 66849. On July 20, 2012, the Commission issued a similar order as to Brilliant Technologies Corporation. See Advanced BioPhotonics, Inc., Exchange Act Release No. 67473. The Division of Enforcement and 4C Controls, Inc., have reached a verbal agreement on settlement terms. (Initial Decision No. 465; File No. 3-14815)

Defendant Matthew Brown Settles Penny Stock Manipulation Charges

The Securities and Exchange Commission announced today that Chief Judge Gregory M. Sleet of the United States District Court for the District of Delaware entered a final judgment against Defendant Matthew W. Brown on July 2, 2012 in SEC v. Dynkowski, et al., Civil Action No. 1:09-361, a stock manipulation case the SEC filed on May 20, 2009, and amended on March 25, 2010 and December 22, 2011, to charge additional individuals. The SEC’s complaint alleges that Brown participated in market manipulation schemes involving the stock of GH3 International, Inc. and Asia Global Holdings, Inc.

As alleged in the complaint, the schemes generally followed the same pattern: Defendant Pawel P. Dynkowski and his accomplices agreed to sell large blocks of shares for penny stock companies in exchange for a portion of the proceeds. The shares were put in nominee accounts that Dynkowski and his accomplices controlled. The defendants artificially inflated the market price of the stocks through wash sales, matched orders and other manipulative trading, often timed to coincide with false or misleading press releases, and then sold shares obtained from the issuers and divided the illicit proceeds.

As alleged in the complaint, Dynkowski orchestrated the manipulation scheme involving GH3 International, Inc. stock in 2006 with Brown, who operated a penny stock website called InvestorsHub.com. The complaint alleges that in this scheme Dynkowski and Brown engaged in manipulative trading and that Brown helped coordinate this manipulative trading with issuance of false press releases. The complaint alleges that this scheme generated approximately $747,609 in illicit profits.

The complaint further alleges that in 2006, Brown planned the manipulation scheme involving the stock of Asia Global Holdings, Inc., with two defendants who were registered representatives at a small broker-dealer in California. As alleged in the complaint, Dynkowski and another defendant manipulated the price of Asia Global stock using wash sales, matched orders, and other manipulative trading, coordinated with false press releases. After manipulating the price of the stock, the complaint alleges, Dynkowski, Brown, and others in this scheme sold 54 million shares that had been improperly registered on SEC Form S-8 and held in nominee accounts, generating over $4 million in illicit profits.

To settle the SEC’s charges, Brown consented to a final judgment that permanently enjoins him from violating Sections 5(a), 5(c), and 17(a) of the Securities Act of 1933, Sections 10(b) and 13(d) of the Securities Exchange Act of 1934, and Rules 10b-5, 13d-1 and 13d-2 thereunder; orders disgorgement of $86,745 and prejudgment interest of $24,081; and bars Brown from participating in any offering of a penny stock. [SEC v. Dynkowski, et al., Civil Action No. 1:09-361 (D. Del.)] (LR-22421). In a related criminal case, Brown previously pled guilty to conspiracy to commit securities fraud and conspiracy to engage in money laundering. He was sentenced to four years in prison and ordered to pay criminal forfeiture of $4,798,138. U.S. v. Brown, Criminal Action No. 09-46-SLR (D. Del.). [SEC v. Dynkowski, et al., Civil Action No. 1:09-361 (D. Del.)] (LR-22421)

SEC v. Renee Marie Brown, et al.

The Securities and Exchange Commission announced that on July 5, 2012, the Honorable Susan Richard Nelson of the U.S. District Court for the District of Minnesota sentenced Renee Marie Brown (Brown), a Minnesota-based investment adviser, to 51 months in federal prison followed by three years of probation, and restitution in the amount of $618,408. This sentence follows an 11-count indictment filed May 11, 2011 by the U.S. Attorney's Office in Minnesota alleging securities fraud, wire fraud and transactional money laundering in connection with Brown’s misappropriation of $1.1 million from her advisory clients through material misrepresentations or omissions. Brown pled guilty on February 15, 2012.

On April 8, 2010, the SEC obtained a temporary restraining order and asset freeze against Brown. The SEC’s action against Brown, which was filed in the United States District Court for the District of Minnesota, arose out of the same facts that are the subject of the criminal case. In its complaint, the SEC alleged that Brown defrauded her advisory clients into transferring more than $1.1 million from July 2009 through March 2010 to Investors Income Fund X, LLC (Fund X), a sham fund formed and controlled by Brown, and falsely representing that Fund X is a bond fund with fixed annual returns of 8% or 9%. The SEC alleged that Brown distributed false "returns" to investors, furthering the fiction that Fund X was a legitimate and successful investment opportunity. Instead, however, the SEC alleged that Brown misappropriated most of the $1.1 million she raised from investors to, among other things, purchase a condominium for herself and build-out office space for her new business.

The SEC's complaint charged Brown and Fund X with violating Sections 17(a) of the Securities Act of 1933 (Securities Act) and Section 10(b) of the Securities Exchange Act of 1934 (Exchange Act) and Rule 10b-5 thereunder. The complaint also charged Brown with violating Sections 206(1), 206(2) and 206(4) of the Investment Advisers Act of 1940 (Advisers Act) and Rule 206(4)-8 thereunder. On August 17, 2011, the SEC obtained a final judgment by consent against Brown: 1) permanently enjoining her from future violations of Section 17(a)(1)(2) and (3) of the Securities Act, Section 10(b) of the Exchange Act and Rule 10b-5 thereunder, and Sections 206(1), 206(2) and 206(4) of the Advisers Act and Rule 206(4)-8 thereunder; and 2) ordering disgorgement of $310,587.33 plus prejudgment interest of $34,347.17, but waiving payment of all but $14,000 in disgorgement, and not imposing a civil penalty, based upon her sworn statement of financial condition and other documents submitted to the Commission. Based on the final judgment, on August 26, 2011, the Commission issued an Order Instituting Administrative Proceedings Pursuant to Section 15(b) of the Securities Exchange Act of 1934, and Section 203(f) of the Investment Advisers Act of 1940, Making Findings, and Imposing Remedial Sanctions (Order) against Brown barring her from association with any broker, dealer, investment adviser, municipal securities dealer, municipal advisor, transfer agent, or nationally recognized statistical rating organization. The Order also bars Brown from participating in any offering of a penny stock. Brown consented to the issuance of the Order without admitting or denying the findings in the Commission’s Order, except that she admitted the entry of the injunction.

For additional information, see Litigation Release No. 21483 (April 9, 2010). [SEC v. Renee Marie Brown, et al., Case No. 10-CV-1207 (D. Minn.)] (LR-22422)

SEC Charges Close Friend of Staffing Company CEO with Insider Trading Around Acquisition

The Securities and Exchange Commission has charged the close friend of a CEO with insider trading in the stock of a Houston-based employment services company by exploiting confidential information he learned while they were spending time together.

The SEC alleges that Ladislav “Larry” Schvacho, who lived in Georgia at the time of his illegal trading, made approximately $511,000 in illicit profits by using inside information to trade around the acquisition of Comsys IT Partners Inc. by another staffing company. Schvacho gleaned nonpublic information while the Comsys CEO called other Comsys executives to discuss the acquisition and through confidential, merger-related documents to which Schvacho had access.

According to the SEC’s complaint filed late yesterday in U.S. District Court for the Northern District of Georgia, Schvacho first met Larry L. Enterline when they worked for the same company in the 1970s. Enterline went on to become the Comsys CEO in 2006. The two maintained their close friendship even after Enterline moved to Houston to run Comsys, speaking frequently on the phone and maintaining a longstanding tradition of Friday evening dinner and drinks when Enterline visited Atlanta, where he still had a home. The two often shared confidential information with one another.

The SEC alleges that Schvacho purchased approximately 72,000 shares of Comsys stock in the weeks leading up to a public announcement on Feb. 2, 2010, that Comsys was to be acquired by Manpower Inc. Given their close relationship and long history of sharing confidences, Enterline made no significant effort to shield information about the impending acquisition from Schvacho. Rather, Enterline reasonably expected that Schvacho would refrain from disclosing or otherwise misusing the confidential information. For example, during one of their Friday evening dinners at a restaurant in Atlanta on Nov. 6, 2009, Enterline discussed the potential acquisition in Schvacho’s presence during phone conversations with one or more Comsys senior executives. On the very next business day (November 9), Schvacho began purchasing Comsys stock relying on the material, nonpublic information he learned.

The SEC further alleges that Schvacho learned nonpublic information between December 11 and December 14 while he and Enterline vacationed together in Florida. Enterline again discussed the possible acquisition in Schvacho’s presence during a phone conversation with another Comsys senior executive. During that vacation, Schvacho also had access to Enterline’s merger-related documents. Just days later, Schvacho bought additional Comsys stock. On December 19, Enterline again discussed the impending acquisition in Schvacho’s presence during a phone conversation after Schvacho picked him up from the airport. On the next business day, Schvacho purchased additional Comsys shares.

According to the SEC’s complaint, on or about January 20, Schvacho converted his 401(k) account to create a self-directed account so that he could buy even more Comsys shares based on material, nonpublic information about the deal. In order to purchase his large position in Comsys stock, Schvacho undertook other various unusual steps including using all available cash in his brokerage accounts to purchase Comsys shares. The Comsys stock price increased approximately 31 percent following the public announcement on February 2. Schvacho immediately sold half of his Comsys shares after the announcement was made.

The SEC’s investigation was conducted by Debbie T. Hampton and Matthew F. McNamara in the Atlanta Regional Office, and Paul Kim will lead the litigation.

The Commission appreciates the assistance of the Financial Industry Regulatory Authority (FINRA) in this matter. [SEC v. Ladislav “Larry” Schvacho, Civil Action No. 1:12-cv-2557-WFD (N.D. Ga.)] (LR-22423; Press Rel. 2012-143)

Commission Charges Aider and Abettor of Penny Stock Company’s Disclosure of Fake Investment

The Commission today announced that it filed a complaint in the United States District Court for the Southern District of New York alleging that Ronald Feldstein aided and abetted the filing of a false press release that announced a fictitious $6 million investment in a penny stock company, Interlink-US-Network, Ltd.

The Commission’s complaint alleges that Interlink’s management paid Feldstein to play the role of a prospective investor in Interlink. Feldstein, pretending to be the President of LED Capital Corp., entered into an investment agreement with Interlink. Feldstein, however, had no position at, or affiliation with, LED. In this investment agreement, Feldstein purported to commit LED to pay $6 million for a minority block of Interlink shares that, at the time, had a market value of under $1.2 million. According to the Commission’s complaint, Feldstein also offered crucial assistance to Interlink’s management by reviewing and contributing to a draft Form 8-K disclosing the purported agreement.

The Commission’s complaint charges Feldstein with aiding and abetting violations by Interlink and its President of Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder as well as violations by Interlink of Section 13(a) of the Exchange Act and Rules 12b-20 and 13a-11 thereunder. The Commission seeks permanent injunctions, disgorgement of ill-gotten gains, and a civil monetary penalty. [SEC v. Ronald Feldstein, Civil Action No. 12 Civ. 5751 (S.D.N.Y.)] (LR-22424)


Saratoga Investment Corp., et al.

A notice has been issued giving interested persons until August 17, 2012, to request a hearing on an application filed by Saratoga Investment Corp., (Company), et al. for an order under Section 6(c) of the Investment Company Act of 1940 (Act) for an exemption from Sections 18 and 61(a) of the Act. The order would permit the Company to adhere to a modified asset coverage requirement. (Rel. IC-30145 – July 23)


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-NYSEArca-2012-48) filed by NYSE Arca, Inc. amending NYSE Arca Equities Rule 7.31(h) to add a PL Select Order type. Publication in the Federal Register is expected during the week of July 23. (Rel. 34-67475)

Immediate Effectiveness of Proposed Rule Change

A proposed rule change filed by Financial Industry Regulatory Authority, Inc. (SR-FINRA-2012-036) regarding the implementation date for amendments to NASD Rules 1012 and 1017 in SR-FINRA-2012-018 has become effective pursuant to Section 19(b)(3)(A) of the Securities Exchange Act of 1934. Publication in the Federal Register is expected during the week of July 23. (Rel. 34-67484)

Proposed Rule Change

NYSE Arca, Inc. has filed a proposed rule change (SR-NYSEArca-2012-75) pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934 and Rule 19b-4 thereunder amending NYSE Arca Equities Rule 7.37(c) to provide that the tracking order process is available only for orders that are eligible to route to an away market. Publication in the Federal Register is expected during the week of July 23. (Rel. 34-67490)


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.

        2539242345 - 29,000 ($675,120.00) Equity, (File 333-182810 - Jul. 24) 
        (BR. 08C)

        V6B 2S2, 604-339-7401 - 22,000,000 ($1,320,000.00) Equity, 
        (File 333-182811 - Jul. 24) (BR. 11C)

S-1     Inova Technology Inc., 2300 W. SAHARA AVE., SUITE 800, LAS VEGAS, NV, 
        89102, 310-857-6666 - 0 ($3,750,000.00) Equity, (File 333-182813 - 
        Jul. 24) (BR. 02A)

        18109, 877 633 2239 - 437,500 ($35,000.00) Equity, (File 333-182814 - 
        Jul. 24) (BR. 11)

        DEERFIELD BEACH, FL, 33441, (954) 363-7333 - 
        5,000,000 ($1,500,000.00) Equity, (File 333-182815 - Jul. 24) (BR. 09B)

S-8     Empowered Products, Inc., 3367 WEST OQUENDO ROAD, LAS VEGAS, NV, 89118, 
        800-929-0407 - 5,000,000 ($5,050,000.00) Equity, (File 333-182816 - 
        Jul. 24) (BR. 06A)

        19103, 215 546 7909 - 0 ($184,433,513.00) Equity, (File 333-182817 - 
        Jul. 24) (BR. 02)

        BURLINGTON, MA, 01803, 7819944800 - 750,000 ($6,416,250.00) Equity, 
        (File 333-182818 - Jul. 24) (BR. 07C)

        2012618797 - 0 ($2,500,000.00) Equity, (File 333-182819 - Jul. 24) 
        (BR. 10B)

        6174983300 - 0 ($6,188,000.00) Equity, (File 333-182821 - Jul. 24) 
        (BR. 01A)

        77046, 281-406-2000 - 0 ($125,000,000.00) Non-Convertible Debt, 
        (File 333-182822 - Jul. 24) (BR. 04A)

S-3     Vringo Inc, 18 EAST 16TH STREET, NEW YORK, NY, 10003, 646-861-5575 - 
        0 ($100,000,000.00) Equity, (File 333-182823 - Jul. 24) (BR. 11A)

        562-733-5100 - 0 ($0.00) Unallocated (Universal) Shelf, 
        (File 333-182824 - Jul. 24) (BR. 08B)

S-8     J C PENNEY CO INC, 6501 LEGACY DRIVE, PLANO, TX, 75024-3698, 
        9722431100 - 7,000,000 ($143,570,000.00) Equity, (File 333-182825 - 
        Jul. 24) (BR. 02B)

N-2     Prudential Global Short Duration High Yield Fund, Inc., 
        100 MULBERRY ST, GATEWAY CENTER 3, NEWARK, NJ, 07102, 973-802-5032 - 
        50,000 ($1,000,000.00) Equity, (File 333-182826 - Jul. 24) (BR. 16)


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

3DICON CORP                                      8.01,9.01            07/24/12

AARON'S INC                             GA       2.02,9.01            07/24/12

Accelerated Acquisition XVI, Inc.       DE       1.01,5.01,5.02,9.01  07/23/12

AccelPath, Inc.                         DE       1.01,2.03,3.02,9.01  07/18/12

ACCESS NATIONAL CORP                    VA       2.02,7.01,9.01       07/23/12

ACCURIDE CORP                           DE       1.01,9.01            07/20/12

ACE Ltd                                 V8       2.02,9.01            07/24/12

ACORN ENERGY, INC.                      DE       8.01,9.01            07/24/12

ADDVANTAGE TECHNOLOGIES GROUP INC       OK       2.02,7.01,9.01       07/24/12

AEROSONIC CORP /DE/                     DE       5.07                 07/19/12

AFLAC INC                               GA       2.02,9.01            07/23/12

AIR PRODUCTS & CHEMICALS INC /DE/       DE       2.02,9.01            07/24/12

Air Transport Services Group, Inc.      DE       1.01,2.03,7.01,9.01  07/20/12

AK STEEL HOLDING CORP                   DE       2.02,9.01            07/24/12

ALEXANDERS J CORP                       TN       8.01,9.01            07/23/12

Allegiant Travel CO                     NV       8.01                 07/23/12

ALLIANCE DATA SYSTEMS CORP              DE       7.01,9.01            07/24/12

ALLIANCE FIBER OPTIC PRODUCTS INC       CA       2.02,9.01            07/24/12

ALTERA CORP                             DE       2.02,8.01,9.01       07/24/12

ALTRIA GROUP, INC.                      VA       2.02,9.01            07/24/12

Alveron Energy Corp.                    DE       5.03                 07/11/12

AMERICAN CAPITAL, LTD                            7.01,9.01            07/24/12

AMERICAN RESTAURANT CONCEPTS INC                 4.02                 07/18/12

AMERICAN SAFETY INSURANCE HOLDINGS LT            5.07                 07/23/12

Ameris Bancorp                          GA       2.02,9.01            07/24/12

AMSURG CORP                             TN       2.02,7.01,9.01       06/30/12

ANDAIN, INC.                            NV       4.01,9.01            07/24/12

ANIXTER INTERNATIONAL INC               DE       2.02,9.01            07/24/12

Annie's, Inc.                           DE       2.02,9.01            06/30/12

APPLE INC                               CA       2.02,9.01            07/24/12

ASBURY AUTOMOTIVE GROUP INC             DE       2.02,9.01            07/24/12

ASTEC INDUSTRIES INC                    TN       2.02,9.01            07/24/12

AT&T INC.                               DE       2.02,9.01            07/24/12

AT&T INC.                               DE       8.01,9.01            07/24/12

ATLAS AIR WORLDWIDE HOLDINGS INC        DE       5.02                 07/23/12

Avery Dennison Corp                     DE       2.02,9.01            07/24/12

AVX Corp                                DE       5.07                 07/23/12

BAKERS FOOTWEAR GROUP INC               MO       5.07                 07/18/12

Bancorp, Inc.                                    2.02,9.01            07/24/12

BANCORPSOUTH INC                        MS       2.02,7.01,9.01       07/23/12

BAR HARBOR BANKSHARES                   ME       8.01                 07/24/12

BBCN BANCORP INC                        DE       2.02,9.01            07/23/12

BE AEROSPACE INC                        DE       2.02,9.01            07/24/12

BEAM INC                                DE       5.02                 07/23/12

BECTON DICKINSON & CO                   NJ       5.02,9.01            07/23/12

BERKLEY W R CORP                        DE       2.02,9.01            07/24/12

BIOCRYST PHARMACEUTICALS INC            DE       7.01,9.01            07/24/12

Bioflamex Corp                          NV       1.01,1.02,2.01,3.02, 07/16/12

BIOGEN IDEC INC.                        DE       2.02,9.01            07/24/12

BIOGEN IDEC INC.                        DE       2.02,9.01            07/24/12    AMEND

BIOSHAFT WATER TECHNOLOGY, INC.         NV       5.02                 07/16/12

Blueknight Energy Partners, L.P.        DE       7.01,9.01            07/24/12

BOISE INC.                              DE       5.02,9.01            07/24/12

BOYD GAMING CORP                        NV       2.02,9.01            07/24/12

BRANDYWINE REALTY TRUST                 MD       2.01,9.01            07/18/12

BROADCOM CORP                           CA       2.02,9.01            07/24/12

BRUKER CORP                             DE       2.02,9.01            07/24/12

BUFFALO WILD WINGS INC                  MN       2.02,9.01            07/24/12

Business Development Corp of America    MD       1.02,2.03,9.01       07/24/12

C H ROBINSON WORLDWIDE INC              DE       2.02,9.01            07/24/12

CADENCE PHARMACEUTICALS INC                      7.01,8.01            07/24/12

CAPELLA EDUCATION CO                             2.02,9.01            07/24/12

CAPITAL CITY BANK GROUP INC             FL       2.02,9.01            06/30/12

CAPITAL SOUTHWEST CORP                  TX       2.02,9.01            07/24/12

CARDICA INC                             DE       8.01,9.01            07/24/12

CARLISLE COMPANIES INC                  DE       2.02,9.01            07/24/12

Carter Validus Mission Critical REIT,   MD       1.01,2.03,9.01       07/19/12

CATERPILLAR INC                         DE       7.01                 07/24/12

Celanese Corp                           DE       2.02,7.01,9.01       07/23/12

CENTENE CORP                                     2.02,9.01            07/24/12

CENTURY ALUMINUM CO                     DE       2.02,9.01            07/24/12

CERADYNE INC                            DE       2.02,9.01            07/24/12

CHICAGO BRIDGE & IRON CO N V                     2.02,9.01            07/24/12

CHICOPEE BANCORP, INC.                           2.02,9.01            07/24/12

China Biologic Products, Inc.                    5.07                 07/24/12

CHINA HGS REAL ESTATE INC.              F4       1.01,9.01            07/19/12

Ciralight Global, Inc.                  NV       5.07                 06/25/12

COLUMBUS MCKINNON CORP                  NY       5.07                 07/23/12

COMMERCE GROUP CORP /WI/                         8.01                 07/20/12

CommonWealth REIT                       MD       8.01,9.01            07/20/12

COMMUNITY BANK SYSTEM INC               DE       2.01,9.01            07/20/12

COMMUNITY BANK SYSTEM INC               DE       2.02,9.01            07/24/12

COMPETITIVE COMPANIES INC               NV       4.01                 07/20/12

CORELOGIC, INC.                         DE       1.01,2.05,2.06,7.01, 07/19/12
CORRECTIONS CORP OF AMERICA             MD       8.01                 07/23/12

COSTCO WHOLESALE CORP /NEW              WA       8.01,9.01            07/23/12

COTT CORP /CN/                                   1.01,2.03            07/19/12

COURIER Corp                            MA       2.02,8.01,9.01       07/24/12

CRANE CO /DE/                           DE       2.02,8.01,9.01       07/23/12

Crestwood Midstream Partners LP         DE       2.02,7.01,8.01,9.01  07/21/12

CROSSTEX ENERGY INC                     DE       7.01,9.01            07/19/12

CROSSTEX ENERGY LP                      DE       7.01,9.01            07/19/12

CSB BANCORP INC /OH                     OH       2.02,9.01            07/24/12

CSS INDUSTRIES INC                      DE       2.02,9.01            07/24/12

CTS CORP                                IN       2.02,9.01            07/23/12

CYBEX INTERNATIONAL INC                 NY       2.02,9.01            07/24/12

CYMER INC                               NV       2.02,9.01            07/24/12

CYNOSURE INC                                     2.02,9.01            07/24/12

DCP Midstream Partners, LP              DE       5.02                 07/19/12

DIGITALGLOBE, INC.                      DE       1.01                 07/24/12

Disability Access Corp                           5.03,8.01,9.01       07/19/12

Discovery Gold Corp                     NV       9.01                 10/14/11    AMEND

DOMINOS PIZZA INC                                2.02,9.01            07/24/12

DTS, INC.                               DE       1.01,2.01,2.03,9.01  07/18/12

Duff & Phelps Corp                      DE       2.02,9.01            07/24/12

DUPONT E I DE NEMOURS & CO              DE       2.02,9.01            07/24/12

DYNAVAX TECHNOLOGIES CORP               DE       8.01,9.01            07/24/12

Eagle Bancorp Montana, Inc.                      2.02,9.01            07/24/12

EBAY INC                                DE       8.01,9.01            07/19/12

Edwards Lifesciences Corp               DE       2.02,9.01            07/24/12

EFL OVERSEAS, INC.                      NV       2.01,3.02            07/18/12

EMC CORP                                MA       2.02,9.01            07/24/12

EMERSON ELECTRIC CO                     MO       5.02                 07/19/12

ENCORE CAPITAL GROUP INC                DE       9.01                 05/08/12

ENVIRONMENTAL SOLUTIONS WORLDWIDE INC   FL       8.01,9.01            07/24/12

EZCORP INC                              DE       2.02                 07/24/12

FASTENAL CO                             MN       5.02                 07/23/12

Federal Home Loan Bank of Atlanta       X1       2.03                 07/24/12

Federal Home Loan Bank of Boston        X1       2.03                 07/19/12

Federal Home Loan Bank of Chicago       X1       2.02,9.01            07/24/12

Federal Home Loan Bank of Chicago       X1       2.03                 07/18/12

Federal Home Loan Bank of Cincinnati    X1       2.03,9.01            07/18/12

Federal Home Loan Bank of Cincinnati    X1       5.02,9.01            07/19/12

Federal Home Loan Bank of Des Moines    X1       2.03,9.01            07/20/12

Federal Home Loan Bank of Indianapoli   X1       2.03,9.01            07/24/12

Federal Home Loan Bank of New York      X1       2.03,9.01            07/18/12

Federal Home Loan Bank of Pittsburgh    PA       2.03,9.01            07/18/12

Federal Home Loan Bank of San Francis   X1       2.03                 07/18/12

Federal Home Loan Bank of Seattle                2.03                 07/19/12

Federal Home Loan Bank of Topeka                 2.03,9.01            07/18/12

FERO INDUSTRIES, INC.                   CO       5.02,5.03            07/23/12

FIDELITY BANCORP INC                    PA       3.01,9.01            07/19/12

FINISH LINE INC /IN/                    IN       3.02,5.07,8.01,9.01  07/19/12

First Advantage Bancorp                          8.01,9.01            07/24/12

FIRST BANKS, INC                        MO       2.02,9.01            07/24/12

FIRST BUSEY CORP /NV/                   NV       2.02,9.01            07/24/12

FIRST CAPITAL INC                       IN       2.02,9.01            07/19/12

FIRST DEFIANCE FINANCIAL CORP           OH       2.02,9.01            07/23/12

FIRST FINANCIAL BANCORP /OH/            OH       2.02,9.01            07/24/12

FIRST INTERSTATE BANCSYSTEM INC         MT       2.02,9.01            07/23/12

FIRSTMERIT CORP /OH/                    OH       2.02,9.01            07/24/12

FNB CORP/FL/                            FL       2.02,7.01,8.01,9.01  07/23/12

FORWARD AIR CORP                        TN       8.01,9.01            07/24/12

FROZEN FOOD EXPRESS INDUSTRIES INC      TX       2.02,9.01            07/24/12

FX Alliance Inc.                                 8.01,9.01            07/24/12

GARDNER DENVER INC                      DE       2.02,9.01            07/19/12

GelTech Solutions, Inc.                 DE       1.01                 07/20/12

GENTEX CORP                             MI       2.02,9.01            07/24/12

GNC HOLDINGS, INC.                      DE       5.02,9.01            07/19/12

GOLFSMITH INTERNATIONAL HOLDINGS INC    DE       2.01,3.01,3.03,5.01, 07/24/12
GOLFSMITH INTERNATIONAL HOLDINGS INC    DE       1.01,1.02,2.03       07/24/12

GOOD SAM ENTERPRISES, LLC               DE       8.01,9.01            07/23/12

GREAT AMERICAN ENERGY, INC.                      1.01,9.01            06/07/12    AMEND

GREAT WALL BUILDERS LTD.                TX       4.01,4.02            06/28/12    AMEND

GREEN HYGIENICS HOLDINGS INC.           NV       8.01                 07/24/12

Guardian 8 Holdings                              3.02                 06/09/12

Guardian 8 Holdings                              3.02                 06/09/12    AMEND

GULFMARK OFFSHORE INC                   DE       2.02,9.01            07/23/12

HALF ROBERT INTERNATIONAL INC /DE/      DE       2.02,9.01            07/24/12

HALLIBURTON CO                          DE       2.02                 07/23/12

HAMPTON ROADS BANKSHARES INC            VA       2.02,7.01,9.01       07/24/12

HANCOCK FABRICS INC                     DE       5.07                 07/20/12

HARLAND CLARKE HOLDINGS CORP            DE       1.01,2.03,9.01       07/24/12

HARMONIC INC                            DE       2.02,5.02,5.03,9.01  07/18/12

HARMONIC INC                            DE       5.02                 03/06/12    AMEND

Hatteras Financial Corp                          2.02,9.01            07/24/12

HAWAIIAN HOLDINGS INC                   DE       2.02,9.01            07/24/12

HCP, INC.                               MD       8.01,9.01            07/24/12

HCP, INC.                               MD       8.01,9.01            07/24/12

Health Directory Inc.                   NV       1.01,5.01,5.02,8.01, 07/20/12
HEALTH MANAGEMENT ASSOCIATES INC        DE       2.02,9.01            07/23/12

HEALTHWAYS, INC                         DE       2.02,9.01            07/24/12

HELIX ENERGY SOLUTIONS GROUP INC        MN       2.02,7.01,9.01       07/23/12

HOME BANCORP, INC.                      LA       2.02,7.01,9.01       07/24/12

HOST HOTELS & RESORTS L.P.              DE       8.01,9.01            01/01/11

HUNTINGTON BANCSHARES INC/MD            MD       5.03,9.01            07/18/12

ICEWEB INC                              DE       5.02,9.01            05/25/12

IDEX CORP /DE/                          DE       2.02,9.01            07/23/12

ILLINOIS TOOL WORKS INC                 DE       2.02                 07/24/12

ILLUMINA INC                            DE       2.02,9.01            07/24/12

Imprimis Pharmaceuticals, Inc.          DE       1.01,5.02            07/18/12

INDEPENDENT BANK CORP                   MA       9.01                 05/11/12    AMEND

INDIANA COMMUNITY BANCORP               IN       5.07,8.01,9.01       07/24/12

INFINERA CORP                           DE       2.02,9.01            07/24/12

Ingredion Inc                           DE       5.03,9.01            07/18/12

INTEGRATED ENVIRONMENTAL TECHNOLOGIES   NV       8.01,9.01            07/23/12

INTELSAT S.A.                           N4       1.01                 07/18/12

INTER PARFUMS INC                       DE       2.02,5.07,7.01,9.01  07/24/12

INTERLINE BRANDS, INC./DE               DE       8.01,9.01            07/24/12

INTERNATIONAL GAME TECHNOLOGY           NV       2.02,9.01            07/24/12

InvenSense Inc                          DE       2.02,9.01            07/24/12

IROBOT CORP                             DE       2.02,9.01            07/24/12

JARDEN CORP                             DE       2.02,9.01            07/24/12

JBI, INC.                               NV       5.07                 07/23/12

JUNIPER NETWORKS INC                    DE       2.02,9.01            07/24/12

Kennedy-Wilson Holdings, Inc.           DE       8.01                 07/18/12

KFORCE INC                              FL       8.01,9.01            07/23/12

Kior Inc                                DE       7.01,9.01            07/24/12

LEAR CORP                               DE       7.01                 07/24/12

LENNOX INTERNATIONAL INC                DE       2.02,9.01            07/24/12

LEVEL 3 COMMUNICATIONS INC              DE       2.02,7.01,8.01,9.01  07/18/12

LEXMARK INTERNATIONAL INC /KY/          DE       2.02,9.01            07/24/12

LIBERTY PROPERTY TRUST                  MD       2.02,9.01            07/24/12

LIBERTY SILVER CORP                     NV       8.01,9.01            07/24/12

LNB BANCORP INC                         OH       7.01,9.01            07/24/12

LOCAL.COM                               DE       7.01,9.01            07/24/12

LOCKHEED MARTIN CORP                    MD       2.02,9.01            07/24/12

LSB FINANCIAL CORP                      IN       5.02                 07/23/12

MACE SECURITY INTERNATIONAL INC         DE       8.01,9.01            07/24/12

MAGNEGAS CORP                           DE       1.01,9.01            07/16/12

Magnolia Solar Corp                     NV       8.01,9.01            07/24/12

MANHATTAN ASSOCIATES INC                GA       2.02,5.02,7.01,9.01  07/19/12

MAP Pharmaceuticals, Inc.               DE       2.02,9.01            07/24/12

MATERIAL SCIENCES CORP                  DE       1.01                 07/23/12

MB FINANCIAL INC /MD                             5.02                 07/18/12

MDC HOLDINGS INC                        DE       5.02                 07/24/12

MEDIVATION, INC.                        DE       8.01,9.01            07/24/12

MERIDIAN INTERSTATE BANCORP INC                  2.02,9.01            07/24/12

METALICO INC                                     8.01,9.01            07/24/12

MID AMERICA APARTMENT COMMUNITIES INC   TN       7.01,9.01            07/24/12

MINDSPEED TECHNOLOGIES, INC             DE       2.05                 07/20/12

MITEK SYSTEMS INC                       DE       2.02,9.01            07/24/12

MOLSON COORS BREWING CO                 DE       5.02                 02/23/12    AMEND

MOODYS CORP /DE/                        DE       8.01,9.01            07/20/12

Motors Liquidation Co                   DE       8.01,9.01            07/24/12

MOTRICITY INC                           DE       7.01,9.01            07/24/12

MPG Office Trust, Inc.                  MD       2.02,7.01,9.01       07/23/12

MS STRUCTURED SATURNS SERIES 2001-6     DE       8.01                 07/24/12

MS STRUCTURED TILES SERIES 2005-1       DE       8.01                 07/16/12    AMEND

MUELLER INDUSTRIES INC                  DE       2.02,9.01            07/24/12

MULTIBAND CORP                          MN       8.01                 07/24/12

NANOPHASE TECHNOLOGIES CORPORATION      IL       8.01,9.01            07/24/12

NANOSPHERE INC                          DE       1.01,9.01            07/19/12

Nationstar Mortgage Holdings Inc.       DE       1.01,2.03,9.01       07/19/12

NBT BANCORP INC                         DE       2.02,9.01            07/23/12

NEAH POWER SYSTEMS, INC.                NV       8.01,9.01            07/24/12

NETFLIX INC                             DE       2.02,9.01            07/24/12

NEWFIELD EXPLORATION CO /DE/            DE       2.02,7.01,9.01       07/19/12

NEWS CORP                                        8.01,9.01            07/24/12

NEXSTAR BROADCASTING GROUP INC          DE       1.01,9.01            07/18/12

Noranda Aluminum Holding CORP           DE       8.01,9.01            07/24/12

NORFOLK SOUTHERN CORP                   VA       2.02,7.01,9.01       07/24/12

NORTH STATE BANCORP                     NC       5.02,9.01            07/18/12

NORTH STATE BANCORP                     NC       8.01,9.01            07/18/12

NORTHROP GRUMMAN CORP /DE/                       5.02,8.01,9.01       07/19/12

NORTHWESTERN CORP                       DE       2.02,9.01            07/24/12

Nuveen Diversified Commodity Fund       DE       8.01                 07/20/12

OLIN CORP                               VA       7.01,9.01            07/23/12

OPTIMER PHARMACEUTICALS INC                      5.02                 07/23/12

Orchids Paper Products CO /DE           DE       2.02,8.01,9.01       07/24/12

ORIENTAL FINANCIAL GROUP INC            PR       2.02,9.01            07/23/12

OWENS & MINOR INC/VA/                   VA       1.01,2.02,2.03,9.01  07/20/12

PACCAR INC                              DE       2.02,9.01            07/24/12

PANERA BREAD CO                         DE       2.02,7.01,9.01       07/24/12

PATAPSCO BANCORP INC                    MD       2.02,8.01,9.01       07/20/12

Patient Safety Technologies, Inc        DE       5.07                 07/18/12

PATRICK INDUSTRIES INC                  IN       8.01,9.01            07/23/12

Patriot Coal CORP                       DE       7.01,9.01            07/24/12

PEABODY ENERGY CORP                     DE       2.02,9.01            07/24/12

PEETS COFFEE & TEA INC                  WA       1.01,8.01,9.01       07/21/12

PENTAIR INC                             MN       2.02,8.01,9.01       07/24/12

PEOPLES BANCORP INC                     OH       2.02,9.01            07/24/12

PERVASIVE SOFTWARE INC                  DE       2.02,9.01            07/24/12

PETMED EXPRESS INC                      FL       8.01,9.01            07/23/12

PIONEER BANKSHARES INC/VA                        8.01                 07/20/12

POLARIS INDUSTRIES INC/MN               MN       2.02,7.01,9.01       07/24/12

POLYCOM INC                             DE       2.02,9.01            07/24/12

POTLATCH CORP                           DE       2.02,9.01            07/24/12

POWERSECURE INTERNATIONAL, INC.         DE       8.01,9.01            07/24/12

PREMIER FINANCIAL BANCORP INC           KY       7.01,9.01            07/24/12

PRGX GLOBAL, INC.                       GA       2.02,9.01            07/23/12

Princeton Security Technologies, Inc.   NJ       2.01,3.03,5.01,5.02, 07/24/12
PRIVATEBANCORP, INC                     DE       2.02,9.01            07/24/12

Probe Manufacturing Inc                 NV       2.02,9.01            07/24/12

Proto Labs Inc                                   2.02,9.01            07/24/12

PROVIDENT NEW YORK BANCORP              DE       2.02,9.01            07/23/12

RAMTRON INTERNATIONAL CORP              DE       2.02,9.01            07/24/12

REGIONS FINANCIAL CORP                  DE       2.02,7.01,9.01       07/24/12

RENT A CENTER INC DE                             2.02,9.01            07/23/12

REPUBLIC FIRST BANCORP INC              PA       2.02,9.01            07/24/12

REYNOLDS AMERICAN INC                            2.02,9.01            07/24/12

RF MICRO DEVICES INC                    NC       2.02,9.01            07/24/12

Riverbed Technology, Inc.               DE       2.02,9.01            07/24/12

ROBERTSON GLOBAL HEALTH SOLUTIONS COR   NV       1.01,9.01            07/19/12

ROCKWELL COLLINS INC                    DE       2.02,7.01,9.01       07/24/12

ROCKY BRANDS, INC.                      OH       2.02,9.01            07/24/12

RoomStore, Inc.                         VA       1.03,2.01,5.02       07/24/12

RYDER SYSTEM INC                        FL       2.02,9.01            07/24/12

S&T BANCORP INC                         PA       8.01,9.01            07/23/12

SANMINA-SCI CORP                        DE       1.01,2.03            07/19/12

SavWatt USA, Inc.                       DE       5.02,9.01            06/28/12

SBT Bancorp, Inc.                       CT       2.02,9.01            07/24/12

SCANSOURCE INC                          SC       5.02,9.01            07/24/12

SCHAWK INC                                       5.02,7.01,9.01       07/24/12

SeaBright Holdings, Inc.                DE       5.02,9.01            07/23/12

SEVCON, INC.                            DE       2.02,9.01            07/23/12

Seven Arts Entertainment Inc.           NV       8.01,9.01            07/23/12

SIERRA RESOURCE GROUP INC               NV       5.02,9.01            07/18/12

SIGMA ALDRICH CORP                      DE       2.02,5.02,9.01       07/18/12

SIMMONS FIRST NATIONAL CORP             AR       8.01,9.01            07/23/12

SIMON PROPERTY GROUP INC /DE/           DE       2.02,7.01,9.01       07/24/12

Six Flags Entertainment Corp                     2.02,9.01            07/24/12

SMITHFIELD FOODS INC                    VA       1.01,8.01,9.01       07/18/12

SOCKET MOBILE, INC.                     DE       3.01,9.01            07/18/12

SOLUTION TECHNOLOGY INTERNATIONAL INC            1.01                 07/23/12

Somaxon Pharmaceuticals, Inc.           DE       8.01,9.01            07/24/12

SONIC AUTOMOTIVE INC                    DE       7.01                 07/23/12    AMEND

SONIC FOUNDRY INC                       MD       5.02                 07/23/12

SOUTHERN FIRST BANCSHARES INC           SC       2.02,9.01            07/24/12

SOUTHERN USA RESOURCES INC.             DE       5.02,9.01            07/19/12

SOUTHWEST GEORGIA FINANCIAL CORP        GA       2.02,9.01            06/30/12

Spirit Airlines, Inc.                   DE       2.02,9.01            07/23/12

Spirit Airlines, Inc.                   DE       7.01,9.01            07/24/12

SRKP 16 INC                             DE       1.01,2.01,2.02,3.02, 01/11/12    AMEND
SRS LABS INC                            DE       2.01,3.01,3.03,5.01, 07/20/12

STANLEY BLACK & DECKER, INC.            CT       1.01,9.01            07/18/12

STANLEY BLACK & DECKER, INC.            CT       8.01                 07/24/12

State Auto Financial CORP               OH       8.01,9.01            07/18/12

STEEL DYNAMICS INC                      IN       2.02,9.01            07/23/12

SUNOCO LOGISTICS PARTNERS L.P.          DE       5.02,8.01            07/24/12

SUPER LIGHT INC.                        DE       5.03,5.07,9.01       07/19/12

SUPERNUS PHARMACEUTICALS INC            DE       8.01,9.01            07/20/12

SUPERTEX INC                            CA       2.02,9.01            07/24/12

SUSQUEHANNA BANCSHARES INC              PA       8.01,9.01            07/18/12

SYNOVUS FINANCIAL CORP                  GA       2.02,7.01,9.01       07/24/12

T.O ENTERTAINMENT, INC.                 CO       1.01,2.01,3.02,5.01, 01/03/12    AMEND
TagLikeMe Corp.                         NV       7.01,9.01            07/23/12

TALBOTS INC                             DE       8.01,9.01            07/23/12

TECHE HOLDING CO                        LA       2.02,9.01            07/24/12

TEMPUR PEDIC INTERNATIONAL INC          DE       2.02,7.01,9.01       07/24/12

Texas Rare Earth Resources Corp.        NV       1.01,1.02,5.01,5.02, 07/24/12
TNP Strategic Retail Trust, Inc.        MD       5.07                 07/18/12

TOTAL SYSTEM SERVICES INC               GA       2.02,7.01,8.01,9.01  07/24/12

Tri-Tech Holding, Inc.                  E9       5.02                 07/24/12

TripAdvisor, Inc.                       DE       2.02,9.01            07/24/12

TRUSTMARK CORP                          MS       2.02,9.01            07/24/12

Under Armour, Inc.                      MD       2.02,9.01            07/24/12

Uni-Pixel                               DE       7.01,9.01            07/24/12

UNION FIRST MARKET BANKSHARES CORP      VA       2.02,9.01            07/24/12

UNISYS CORP                             DE       2.02,9.01            07/24/12

United Continental Holdings, Inc.       DE       2.02,8.01            07/23/12

UNITED PARCEL SERVICE INC               DE       2.02,9.01            07/24/12

UNITED STATIONERS INC                   DE       2.02,9.01            07/23/12

UNIVERSAL HEALTH REALTY INCOME TRUST    MD       2.02,9.01            07/24/12

UNIVERSAL HOSPITAL SERVICES INC         MN       7.01,8.01,9.01       07/24/12

UROLOGIX INC                            MN       3.01                 07/23/12

USANA HEALTH SCIENCES INC               UT       2.02,9.01            07/24/12

VASCULAR SOLUTIONS INC                  MN       2.02,9.01            07/24/12

VERTICAL HEALTH SOLUTIONS INC           FL       9.01                 07/24/12

VERTICAL HEALTH SOLUTIONS INC           FL       8.01,9.01            07/24/12    AMEND

VIRGIN MEDIA INC.                       DE       2.02,9.01            07/24/12

VIRGIN MEDIA INC.                       DE       8.01                 07/24/12

Vocus, Inc.                             DE       2.02,9.01            07/24/12

Voice Assist, Inc.                      NV       1.01,3.02,9.01       05/22/12

W P CAREY & CO LLC                      DE       1.01,9.01            07/23/12

WASTE CONNECTIONS, INC.                 DE       7.01                 07/24/12

WATERS CORP /DE/                        DE       2.02,9.01            07/24/12

Weatherford International Ltd./Switze   V8       2.02,4.02,7.01,9.01  07/24/12

WebMD Health Corp.                      DE       2.02,9.01            07/24/12

WEBSENSE INC                            DE       2.02,9.01            07/24/12

WESBANCO INC                            WV       2.02,9.01            07/24/12

Western Union CO                        DE       2.02,7.01,9.01       07/24/12

WESTGATE ACQUISITIONS CORP              NV       1.01,3.02,9.01       07/23/12

WESTINGHOUSE AIR BRAKE TECHNOLOGIES C   DE       2.02,7.01,9.01       07/24/12

WHIRLPOOL CORP /DE/                     DE       2.02,9.01            07/24/12

Willbros Group, Inc.\NEW\                        5.02                 07/18/12

WMI HOLDINGS CORP.                      WA       8.01,9.01            07/19/12

World Surveillance Group Inc.           DE       7.01,9.01            07/24/12

WVS FINANCIAL CORP                      PA       2.02,9.01            07/24/12

Xinde Technology Co                     NV       3.03,5.03,9.01       07/18/12

Yew Bio-Pharm Group, Inc.               NV       1.01,9.01            07/18/12

Yinfu Gold Corp.                        WY       4.01,9.01            06/15/12    AMEND

YOUNG INNOVATIONS INC                   MO       2.02,9.01            07/23/12

ZIX CORP                                TX       2.02,9.01            07/24/12

Ziyang Ceramics Corp                    FL       2.02,7.01,9.01       07/24/12

ZOGENIX, INC.                           DE       8.01,9.01            07/24/12



Modified: 07/25/2012