SEC NEWS DIGEST Issue 2007-103 May 30, 2007 COMMISSION ANNOUNCEMENTS COMMISSION MEETINGS CLOSED MEETING - THURSDAY, JUNE 7, 2007 - 2:00 P.M. The subject matter of the closed meeting scheduled for Thursday, June 7, will be: Formal orders of investigations; Institution and settlement of injunctive actions; Institution and settlement of administrative proceedings of an enforcement nature; Resolution of litigation claims; and Other matters related to enforcement proceedings. At times, changes in Commission priorities require alterations in the scheduling of meeting items. For further information and to ascertain what, if any, matters have been added, deleted or postponed, please contact: The Office of the Secretary at (202) 551-5400. ENFORCEMENT PROCEEDINGS IN THE MATTER OF KENNETH KO An Administrative Law Judge has issued an Order Making Findings and Imposing Sanction by Default (Default Order) in the matter of Kenneth Ko. The Order Instituting Proceedings alleged that previously Respondent Kenneth Ko pleaded guilty to obstruction of justice under 18 U.S.C. § 1505 before the U.S. District Court for the Northern District of Illinois and was sentenced to one month in prison and two years of supervised release. The Default Order finds these allegations to be true and, pursuant to Section 15(b) of the Securities Exchange Act of 1934, bars the Respondent from associating with any broker or dealer. (Rel. 34-55827; File No. 3-12606) SEC DISMISSES APPLICATION OF SKY CAPITAL LLC AS NOT REVIEWABLE UNDER THE EXCHANGE ACT The Commission dismissed Sky Capital LLC's application for review of certain actions by NASD staff against the firm. The Commission determined that the allegations contained in the application failed to invoke any of the four jurisdictional categories set forth in Section 19(d) of the Securities Exchange Act of 1934. (Rel. 34-55828; File No. 3-12498) SEC SETTLES WITH CHRISTIAN BLACKWELL FOR ILLEGAL INSIDER TRADING IN WORTHINGTON FOODS, INC. STOCK; DISMISSES DALE BLACKWELL On May 24, the U.S. District Court for the Southern District of Ohio entered Final Judgment against Defendant Christian Blackwell, a resident of Columbus, Ohio, for illegal insider trading in the stock of Worthington Foods, Inc. The Court entered a permanent injunction from future violations of Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder against Christian Blackwell, and ordered him to pay disgorgement of $4,317.01, prejudgment interest of $1,996.87 and a civil penalty of $4,317.01. Christian Blackwell settled the Commission's claim without admitting or denying the allegations in the Complaint. In its complaint, the Commission alleged Christian Blackwell purchased 388 shares of Worthington common stock after being tipped by his father, Roger D. Blackwell, about Kellogg Company's proposed acquisition of Worthington Foods, Inc. As a result, the Commission alleged that Christian Blackwell made $4,317.01 in ill-gotten profits by illegally trading on the inside information. (See Litigation Release No. 17944, Jan. 21, 2003). The Commission also separately dismissed its claim against Defendant Dale Blackwell, the father of Roger D. Blackwell. The Commission is continuing the litigation against the remaining defendants in this case. [SEC v. Roger D. Blackwell et al, 03-CV-63] (LR-20130) BARCLAYS BANK PAYS $10.9 MILLION TO SETTLE CHARGES OF INSIDER TRADING ON BANKRUPTCY CREDITOR COMMITTEE INFORMATION Barclays' Former Head Trader of Distressed Debt Also Pays $750,000 On May 30, the Commission filed a civil action against Barclays Bank PLC (Barclays) and Steven J. Landzberg (Landzberg), a former proprietary trader for Barclays' U.S. Distressed Debt Desk. The complaint, filed in the U.S. District Court for the Southern District of New York, alleges that Barclays and Landzberg engaged in securities fraud through a pattern of illegal insider trading. According to the complaint, Barclays and Landzberg illegally traded millions of dollars of bond securities over eighteen months, while aware of material nonpublic information received through six creditors committees. Landzberg simultaneously served as Barclays' representative on the creditors committees and as its proprietary trader. Landzberg signed confidentiality agreements and committee bylaws on Barclays' behalf, and received material nonpublic information concerning the financial condition and prospects of the issuers, their most recent business plans, detailed management projections, contemplated financing alternatives, proprietary advisor analyses, and the timing and terms of proposed plans of reorganization. Between March 2002 and September 2003, the repeated illegal insider trading by Barclays and Landzberg breached fiduciary and other duties of trust or confidence. The complaint alleges that Barclays and Landzberg misappropriated material nonpublic information by failing to disclose any of their trades to the creditors committees, issuers, or other sources of such information. In a few instances, Landzberg used purported "big boy letters" to advise his bond trading counterparties that Barclays may have possessed material nonpublic information. However, in no instance did Barclays or Landzberg disclose the material nonpublic information received from creditors committees to their bond trading counterparties. Three of the six committees were official unsecured creditors committees appointed by the Office of the United States Trustee under the auspices of the federal bankruptcy courts. Barclays served as "Chair" of two of these bankruptcy committees at the time of its illegal insider trading. The complaint further alleges that Barclays' senior management authorized Landzberg to buy and sell securities for Barclays' account while he served on bankruptcy creditors committees. Barclays' Compliance personnel failed to prevent the illegal insider trading, despite receiving notice that the proprietary desk had nonpublic information and should have been restricted from trading. Barclays and Landzberg each consented, without admitting or denying the allegations in the Commission's complaint, to entry of final judgments permanently enjoining them from violations of Section 17(a) of the Securities Act of 1933, Section 10(b) of the Securities Exchange Act of 1934, and Rule 10b-5 thereunder. To settle the Commission's insider trading charges, Barclays also consented to entry of a court order requiring it to pay over $10.94 million: disgorgement of $3,971,736, prejudgment interest of $971,825, and a civil money penalty of $6,000,000. To settle the Commission's charges against him, Landzberg further consented to be permanently enjoined from participation in any creditors committee in any federal bankruptcy proceeding involving an issuer of securities, and to pay a civil money penalty of $750,000. [SEC v. Barclays Bank PLC and Steven J. Landzberg, 07-CV-04427 (S.D.N.Y.)] (LR-20132) JURY FINDS WILLIAM DIBELLA, FORMER MAJORITY LEADER OF THE CONNECTICUT STATE SENATE, LIABLE FOR AIDING AND ABETTING SECURITIES FRAUD The Commission announced today that on May 18 a federal jury found William A. DiBella, the former Majority Leader of the Connecticut State Senate, and his consulting firm, North Cove Ventures, L.L.C., liable for aiding and abetting then Treasurer of the State of Connecticut, Paul J. Silvester in a fraudulent investment scheme. Pursuant to the scheme, Silvester invested $75 million in state pension funds with Thayer Capital Partners, a Washington, DC-based private equity firm, and arranged for Thayer to pay DiBella a percentage of the investment, though he did not do work to justify the payment.. The jury's verdicts were returned after a seven-day trial in New Haven, Connecticut before the Honorable Ellen Bree Burns, United States District Judge for the District of Connecticut. The Commission's complaint alleged that, beginning in November 1998, Silvester requested that Thayer, through its chairman, Frederic V. Malek, hire DiBella. Thayer agreed to retain DiBella and to pay him a percentage of the state pension fund's total investment with Thayer, even though DiBella had no prior involvement with the transaction. The Complaint also alleged that Silvester increased the amount of the pension fund's investment with Thayer by at least $25 million (to a total of $75 million) solely to secure a larger fee for DiBella. DiBella was ultimately paid a total of $374,500. The jury found DiBella liable for aiding and abetting Silvester's intentional violations of Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder, and the negligent violations by Malek, Thayer and its affiliates of Section 206(2) of the Investment Advisers Act of 1940. Previously, the Commission brought and settled charges against Silvester, Thayer, Malek, and two Thayer affiliates. (SEC v. DiBella, et al. LR-18829; Thayer Capital Partners, Rel. No. 33-8457, IA-2276, File No. 3-11585; SEC v. Silvester et al., LR-16759, LR-16834, LR-18436, LR-18460, LR-18461, LR-19241, LR-19566, LR-19583, LR-20027, 34-49277, 34-50300, and 34-54774) [SEC v. William A. DiBella, et al, Civil Action No. 3:04 CV 1342 (EBB) (D. Conn.)] (LR- 20133) INVESTMENT COMPANY ACT RELEASES POWERSHARES EXCHANGE-TRADED FUND TRUST, ET AL. An order has been issued on an application filed by PowerShares Exchange-Traded Fund Trust, et al. The order permits: (a) series of open end management investment companies, whose portfolios will consist of the component securities of certain foreign equity securities indexes or fixed income securities indexes, to issue shares (Fund Shares) that can be purchased from the investment companies and redeemed only in large aggregations (Creation Units); (b) secondary market transactions in Fund Shares to occur at negotiated prices on a national securities exchange; (c) dealers to sell Fund Shares to purchasers in the secondary market unaccompanied by a prospectus, when prospectus delivery is not required by the Securities Act of 1933; (d) certain affiliated persons of the series to deposit securities into, and receive securities from, the series in connection with the purchase and redemption of Creation Units; and (e) the series to pay redemption proceeds, under certain circumstances, more than seven days after the tender of a Creation Unit for redemption. In addition, the order deletes a condition related to future relief and expands the scope of future relief in a prior order. (Rel. IC-27841 - May 25) SELF-REGULATORY ORGANIZATIONS IMMEDIATE EFFECTIVENESS OF PROPOSED RULE CHANGES A proposed rule change (SR-ISE-2007-33) submitted by the International Securities Exchange to an Amendment of the International Securities Exchange Holdings, Inc. Certificate of Incorporation and Bylaws has become effective pursuant to Section 19b(b)(3)(A) of the Securities Exchange Act of 1934. Publication is expected in the Federal Register during the week of May 28. (Rel. 34-55808) A proposed rule change (SR-Phlx-2007-38) submitted by the Philadelphia Stock Exchange relating to the automated sending of Linkage Principal Acting as Agent Orders has become effective pursuant to Section 19(b)(3)(A) of the Securities Exchange Act of 1934. Publication is expected in the Federal Register during the week of June 4. (Rel. 34- 55825) PROPOSED RULE CHANGES The International Securities Exchange submitted a proposed rule change (SR-ISE-2007-34) relating to an Amendment to the International Securities Exchange, LLC constitution and amended and restated LLC Agreement. Publication is expected in the Federal Register during the week of June 4. (Rel. 34-55809) The New York Stock Exchange submitted a proposed rule change (SR-NYSE- 2007-48) to amend Rule 600 to provide guidance regarding new and pending arbitration claims in light of the consolidation of NYSE Regulation into NASD DR. Publication is expected in the Federal Register during the week of June 4. (Rel. 34-55818) APPROVAL OF PROPOSED RULE CHANGES The Commission approved a proposed rule change and Amendment No. 1 thereto submitted by the Chicago Board Options Exchange (SR-CBOE-2007- 27) relating to Class Quoting Limits. Publication is expected in the Federal Register during the week of June 4. (Rel. 34-55814) The Commission approved a proposed rule change as modified by Amendment No. 1 thereto submitted by the New York Stock Exchange (SR- NYSE-2007-10) regarding co-designation of principal executive officers. Publication is expected in the Federal Register during the week of June 4. (Rel. 34-55823) ACCELERATED APPROVAL OF PROPOSED RULE CHANGE The Commission granted accelerated approval to a proposed rule change (SR-Phlx-2007-07), as amended, submitted by the Philadelphia Stock Exchange relating to Index Linked Securities. Publication is expected in the Federal Register during the week of June 4. (Rel. 34-55817) 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 obtained in person or by writing to the Commission's Public Reference Branch at 100 F Street, N.E., Washington, D.C. 20549-1090 or at the following e-mail box address: . In most cases, this information is also available on the Commission's website: . S-8 DESIGN WITHIN REACH INC, 225 BUSH STREET, 20TH FLOOR, SAN FRANCISCO, CA, 94104, 4156766500 - 0 ($7,134,000.00) Equity, (File 333-143313 - May. 29) (BR. 02A) SB-2 Golden Tan, Inc, 3195 UPPER LEVEL RD. #182, ROBSON, A1, VOG 1XO, 604-720-4393 - 0 ($19,600.00) Equity, (File 333-143314 - May. 29) (BR. 11) S-3ASR CENTURY ALUMINUM CO, 2511 GARDEN ROAD, BUILDING A SUITE 200, MONTEREY, CA, 93940, 3042736000 - 0 ($0.00) Equity, (File 333-143315 - May. 29) (BR. 04C) S-3 FORD CREDIT AUTO RECEIVABLES TWO LLC, ONE AMERICAN ROAD, DEARBORN, MI, 48126, 3135947765 - 0 ($1,000,000.00) Asset-Backed Securities, (File 333-143316 - May. 29) (BR. 05D) S-8 ADVANCED ID CORP, 6143 -- 4TH STREET SE, SUITE 14, CALGARY, A0, T2H 2H9, 403-264-6300 - 5,000,000 ($2,400,000.00) Equity, (File 333-143317 - May. 29) (BR. 10A) S-8 ALIGN TECHNOLOGY INC, 851 MARTIN AVENUE, SANTA CLARA, CA, 95050, 4087381500 - 0 ($28,860,000.00) Equity, (File 333-143319 - May. 29) (BR. 10A) S-8 HANSEN MEDICAL INC, 380 NORTH BERNARDO AVENUE, MOUNTAIN VIEW, CA, 94043, 650 404 5800 - 0 ($25,432,463.43) Equity, (File 333-143320 - May. 29) (BR. 10) S-8 Bank of Commerce Holdings, 1951 CHURN CREEK ROAD, REDDING, CA, 96002, 5302243333 - 0 ($6,857,200.00) Equity, (File 333-143321 - May. 29) (BR. 07B) S-8 MIDSOUTH BANCORP INC, 102 VERSAILLES BLVD, VERSAILLES CENTRE, LAFAYETTE, LA, 70501, 3182378343 - 500,000 ($12,750,000.00) Equity, (File 333-143322 - May. 29) (BR. 07B) S-3 WORLDGATE COMMUNICATIONS INC, 3190 TREMONT AVENUE, TREVOSE, PA, 19053, 2153545437 - 0 ($10,571,639.04) Equity, (File 333-143323 - May. 29) (BR. 11A) S-3 NEUROGEN CORP, 35 NORTHEAST INDUSTRIAL RD, BRANFORD, CT, 06405, 2034888201 - 100,000,000 ($100,000,000.00) Unallocated (Universal) Shelf, (File 333-143324 - May. 29) (BR. 01B) S-8 OMNICOMM SYSTEMS INC, 2555 DAVIE ROAD, SUITE 110-B, FORT LAUDERDALE, FL, 33317, 954-473-1254 - 0 ($3,000,000.00) Equity, (File 333-143325 - May. 29) (BR. 08C) S-8 ERF Wireless, Inc., 2911 SOUTH SHORE BLVD, SUITE 100, LEAGUE CITY, TX, 77573, 281-538-2101 - 5,000,000 ($490,000.00) Equity, (File 333-143326 - May. 29) (BR. 11A) S-3 SULPHCO INC, 850 SPICE ISLANDS DRIVE, SPARKS, NV, 89431, 775-829-1310 - 9,087,859 ($37,805,493.44) Equity, (File 333-143327 - May. 29) (BR. 06B) S-8 ERF Wireless, Inc., 2911 SOUTH SHORE BLVD, SUITE 100, LEAGUE CITY, TX, 77573, 281-538-2101 - 5,000,000 ($490,000.00) Equity, (File 333-143328 - May. 29) (BR. 11A) S-3 Cougar Biotechnology, Inc., 10990 WILSHIRE BLVD., SUITE 1200, LOS ANGELES, CA, 90024, 310 943 8040 - 0 ($58,750,000.00) Equity, (File 333-143329 - May. 29) (BR. 01A) S-8 FLEXTRONICS INTERNATIONAL LTD., ONE MARINA BOULEVARD, #28-00, SINGAPORE, U0, 018989, (65) 6890 7188 - 0 ($56,100,000.00) Other, (File 333-143330 - May. 29) (BR. 10B) S-8 FLEXTRONICS INTERNATIONAL LTD., ONE MARINA BOULEVARD, #28-00, SINGAPORE, U0, 018989, (65) 6890 7188 - 0 ($28,050,000.00) Equity, (File 333-143331 - May. 29) (BR. 10B) S-8 US HOME SYSTEMS INC, 405 STATE HIGHWAY 121 BYPASS, BUILDING A, SUITE 250, LEWISVILLE, TX, 75067, 2144886300 - 0 ($6,780,000.00) Equity, (File 333-143332 - May. 29) (BR. 06B) SB-2 MARKETING WORLDWIDE CORP, 2212 GRAND COMMERCE DRIVE, HOWELL, MI, 48855, 517-540-0045 - 31,400,000 ($26,142,000.00) Equity, (File 333-143333 - May. 29) (BR. 05A) S-8 AGRIUM INC, 13131 LAKE FRASER DRIVE S.E., CALGARY, A0, T2J7E8, 403 225-7000 - 1,000,000 ($38,645,000.00) Equity, (File 333-143334 - May. 29) (BR. 05B) S-4 NEWS AMERICA INC, 1211 AVENUE OF THE AMERICAS, NEW YORK, NY, 10036, 0 ($1,000,000,000.00) Non-Convertible Debt, (File 333-143335 - May. 29) (BR. 05B) S-4 COOPER COMPANIES INC, 6140 STONERIDGE MALL RD, STE 590, PLEASANTON, CA, 94588, 9254603600 - 0 ($350,000,000.00) Debt Convertible into Equity, (File 333-143336 - May. 29) (BR. 10A) S-8 TRIQUINT SEMICONDUCTOR INC, 2300 NE BROOKWOOD PARKWAY, HILLSBORO, OR, 97124, 5036159000 - 0 ($36,225,000.00) Equity, (File 333-143337 - May. 29) (BR. 10C) S-8 COOPER COMPANIES INC, 6140 STONERIDGE MALL RD, STE 590, PLEASANTON, CA, 94588, 9254603600 - 0 ($147,973,500.00) Equity, (File 333-143338 - May. 29) (BR. 10A) F-3ASR STATOIL ASA, FORUSBEEN 50, 011 47 51 99 00 00, STAVANGER NORWAY, Q8, N 4035, 2128948940 - 0 ($0.00) Other, (File 333-143339 - May. 29) (BR. 04A) S-8 VIRAGEN INC, 865 SW 78TH AVENUE, SUITE 100, PLANTATION, FL, 33324, 9542338746 - 0 ($632,080.00) Equity, (File 333-143340 - May. 29) (BR. 01C) F-10 PHOTOCHANNEL NETWORKS INC, 800 900 WEST HASTINGS ST, V6C 1E5, VANCOUVER BC CANADA, A1, 6048938955 - 9,287,735 ($36,779,430.60) Equity, (File 333-143341 - May. 29) (BR. 03C) S-8 EAGLE BROADBAND INC, 101 COURAGEOUS DRIVE, LEAGUE CITY, TX, 77573, 2815386000 - 10,000,000 ($1,800,000.00) Equity, (File 333-143342 - May. 29) (BR. 11C) S-8 OneBeacon Insurance Group, Ltd., 1 BEACON LANE, CANTON, MA, 02021, 7813327000 - 0 ($366,375,000.00) Equity, (File 333-143343 - May. 29) (BR. 01C) S-8 DGSE COMPANIES INC, 2817 FOREST LANE, STE 202, DALLAS, TX, 75234, 9724843662 - 0 ($2,925,340.00) Equity, (File 333-143344 - May. 29) (BR. 02B) RECENT 8K FILINGS Form 8-K is used by companies to file current reports on the following events: 1.01 Entry into a Material Definitive Agreement 1.02 Termination of a Material Definitive Agreement 1.03 Bankruptcy or Receivership 2.01 Completion of Acquisition or Disposition of Assets 2.02 Results of Operations and Financial Condition 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant 2.04 Triggering Events That Accelerate or Increase a Direct Financial Obligation under an Off-Balance Sheet Arrangement 2.05 Cost Associated with Exit or Disposal Activities 2.06 Material Impairments 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing 3.02 Unregistered Sales of Equity Securities 3.03 Material Modifications to Rights of Security Holders 4.01 Changes in Registrant's Certifying Accountant 4.02 Non-Reliance on Previously Issued Financial Statements or a Related Audit Report or Completed Interim Review 5.01 Changes in Control of Registrant 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year 5.04 Temporary Suspension of Trading Under Registrant's Employee Benefit Plans 5.05 Amendments to the Registrant's Code of Ethics, or Waiver of a Provision of the Code of Ethics 6.01. ABS Informational and Computational Material. 6.02. Change of Servicer or Trustee. 6.03. Change in Credit Enhancement or Other External Support. 6.04. Failure to Make a Required Distribution. 6.05. Securities Act Updating Disclosure. 7.01 Regulation FD Disclosure 8.01 Other Events 9.01 Financial Statements and Exhibits 8-K reports may be obtained in person or by writing to the Commission's Public Reference Branch at 100 F Street, N.E., Washington, D.C. 20549-1090 or at the following e-mail box address: . In most cases, this information is also available on the Commission's website: . STATE NAME OF ISSUER CODE 8K ITEM NO. DATE COMMENT ------------------------------------------------------------------------------------------------------- 4 KIDS ENTERTAINMENT INC NY 8.01,9.01 05/25/07 ACR GROUP INC TX 9.01 05/29/07 AMEND ADVANCED MEDICAL OPTICS INC DE 5.02,9.01 05/22/07 ADVENT SOFTWARE INC /DE/ DE 8.01 05/24/07 AEP TEXAS NORTH CO TX 8.01 05/29/07 AEROFLEX INC DE 1.01,1.02,5.02,9.01 05/25/07 AIRTRAN HOLDINGS INC NV 8.01,9.01 05/23/07 ALKERMES INC PA 2.02,9.01 05/29/07 ALLIANCE RECOVERY CORP DE 1.01,3.02,9.01 05/24/07 Allmarine Consultants CORP NV 1.01,9.01 05/25/07 Alpha Natural Resources, Inc. DE 1.02,9.01 05/23/07 ALPHA PRO TECH LTD DE 8.01,9.01 05/24/07 AMBASSADORS INTERNATIONAL INC DE 5.02,9.01 05/25/07 AMERICA FIRST APARTMENT INVESTORS INC MD 8.01,9.01 05/29/07 AMERICAN EXPRESS CO NY 8.01,9.01 05/29/07 AMERICAN PHYSICIANS SERVICE GROUP INC TX 7.01 05/24/07 AMERISOURCEBERGEN CORP DE 8.01,9.01 05/24/07 Amish Naturals, Inc. 4.01,5.03,9.01 10/27/06 AMPEX CORP /DE/ DE 3.01 05/29/07 AMYLIN PHARMACEUTICALS INC DE 1.01,9.01 05/23/07 ANALYSTS INTERNATIONAL CORP 8.01,9.01 05/24/07 ANTICUS INTERNATIONAL CORP NV 3.02 05/24/07 APPALACHIAN BANCSHARES INC GA 5.02,9.01 05/22/07 ARCHSTONE SMITH OPERATING TRUST 8.01,9.01 05/29/07 ARCHSTONE SMITH TRUST MD 8.01,9.01 05/29/07 ARQULE INC DE 8.01,9.01 05/18/07 ASSET ACCEPTANCE CAPITAL CORP 5.02,9.01 05/22/07 Atlin Mineral Exploration Corp. NV 1.01,7.01,9.01 05/28/07 AURIGA LABORATORIES, INC. DE 1.01,2.03,9.01 05/23/07 AVALON PHARMACEUTICALS INC 1.01,3.02,8.01,9.01 05/24/07 Avanade Inc. WA 5.03 05/23/07 AXIAL VECTOR ENGINE CORP NV 4.01,5.02,8.01,9.01 05/15/07 AMEND B&G Foods, Inc. DE 8.01,9.01 05/29/07 BALLY TOTAL FITNESS HOLDING CORP DE 1.01,9.01 05/22/07 BANCTRUST FINANCIAL GROUP INC AL 5.02 05/17/07 BARRINGTON SCIENCES CORP NV 8.01 05/14/07 BAUSCH & LOMB INC NY 1.01,9.01 05/25/07 BEA SYSTEMS INC DE 5.02,9.01 05/22/07 Bear Stearns Asset Backed Securities DE 9.01 04/30/07 BEAR STEARNS DEPOSITOR INC TRUST CERT 8.01,9.01 05/15/07 BELDEN INC. DE 5.03,7.01,9.01 05/24/07 BIOENVISION INC DE 1.01,9.01 05/29/07 BIOENVISION INC DE 1.01,9.01 05/29/07 BIONOVO INC DE 8.01,9.01 05/29/07 BLACK BOX CORP DE 1.01 05/28/07 BLUE COAT SYSTEMS INC DE 2.02,9.01 05/29/07 BMC SOFTWARE INC DE 2.02,9.01 05/29/07 BOOKS A MILLION INC DE 2.02 05/05/07 BRADLEY PHARMACEUTICALS INC DE 8.01,9.01 05/29/07 BreitBurn Energy Partners L.P. DE 1.01,2.01,3.02,7.01,9.01 05/25/07 CAMERON INTERNATIONAL CORP DE 7.01,9.01 05/24/07 CAPITAL LEASE FUNDING INC 1.01,9.01 05/29/07 CardioVascular BioTherapeutics, Inc. DE 1.02,9.01 05/23/07 CASTLE A M & CO MD 8.01,9.01 05/23/07 CATUITY INC DE 5.02 05/22/07 CENTER FINANCIAL CORP CA 8.01,9.01 05/23/07 CENTRO SATURN MERGERSUB LLC. MD 2.04 05/29/07 Chemtura CORP DE 1.01,9.01 05/25/07 China Yingxia International, Inc. FL 5.02,9.01 05/22/07 CINCINNATI FINANCIAL CORP OH 7.01,9.01 05/23/07 Citicorp Mortgage Securities Trust, S DE 9.01 05/29/07 CITIGROUP INC DE 9.01 05/29/07 CITY CAPITAL CORP NV 4.01,9.01 02/07/07 AMEND CMGI INC DE 5.02,9.01 05/22/07 CMS ENERGY CORP MI 1.01,9.01 05/24/07 COFFEE PACIFICA INC NV 8.01 05/28/07 COLDWATER CREEK INC DE 5.02 05/24/07 COLDWATER CREEK INC DE 2.02,9.01 05/29/07 COLLEGIATE PACIFIC INC DE 5.02,9.01 05/25/07 COLONIAL BANCGROUP INC DE 8.01,9.01 05/29/07 COLUMBUS ACQUISITION CORP 8.01,9.01 05/23/07 COLUMBUS MCKINNON CORP NY 2.02,9.01 05/29/07 Compass Diversified Trust DE 1.01,3.03,9.01 05/23/07 COMVERSE TECHNOLOGY INC/NY/ NY 1.01,3.01,5.02,9.01 05/22/07 CONTINENTAL RESOURCES INC OK 2.02,7.01 05/24/07 COOPER COMPANIES INC DE 8.01,9.01 05/29/07 CORAUTUS GENETICS INC DE 3.01,8.01,9.01 05/22/07 CORNERSTONE BANCSHARES INC TN 8.01,9.01 05/29/07 CORTS TRUST FOR WEYERHAEUSER DEBENTUR DE 8.01 05/16/07 COUNTRYWIDE FINANCIAL CORP DE 1.01,3.02,8.01,9.01 05/22/07 COVENANT TRANSPORTATION GROUP INC NV 5.02,8.01,9.01 05/22/07 CRESCENT REAL ESTATE EQUITIES CO TX 5.02,8.01 05/22/07 CRESCENT REAL ESTATE EQUITIES LTD PAR DE 5.02,8.01 05/22/07 CrossPoint Energy CO NV 5.02,9.01 05/24/07 CT COMMUNICATIONS INC /NC NC 8.01,9.01 05/29/07 CURAGEN CORP DE 2.01,5.02,9.01 05/25/07 CYTEC INDUSTRIES INC/DE/ DE 5.02,9.01 05/26/07 dELiAs, Inc. DE 5.02 05/22/07 DELPHI FINANCIAL GROUP INC/DE DE 8.01,9.01 05/23/07 DELTA & PINE LAND CO DE 5.04,9.01 05/29/07 Diamond Foods Inc DE 7.01,9.01 05/29/07 DIAMOND OFFSHORE DRILLING INC DE 7.01,9.01 05/29/07 Digital Realty Trust, Inc. MD 7.01,9.01 05/29/07 AMEND DOLLAR THRIFTY AUTOMOTIVE GROUP INC DE 1.01,2.03,9.01 05/23/07 DOR BIOPHARMA INC DE 5.02,9.01 05/28/07 DORAL FINANCIAL CORP PR 5.02,5.03,8.01,9.01 05/22/07 DOUBLE EAGLE PETROLEUM CO MD 5.02,8.01,9.01 05/22/07 DSA FINANCIAL CORP 8.01,9.01 05/24/07 EARTH BIOFUELS INC DE 5.02 05/16/07 EL PASO CORP/DE DE 7.01,9.01 05/29/07 EL PASO EXPLORATION & PRODUCTION CO DE 7.01,9.01 05/29/07 EMC INSURANCE GROUP INC IA 7.01 05/25/07 EMC INSURANCE GROUP INC IA 5.02 05/24/07 ENCORE WIRE CORP /DE/ DE 7.01,9.01 05/25/07 ENDOCARE INC DE 1.01,3.02,9.01 05/24/07 ENERGYSOUTH INC AL 1.01 05/22/07 ENTERTAINMENT PROPERTIES TRUST MD 8.01,9.01 05/29/07 ENVIRONMENTAL CONTROL CORP. 7.01,9.01 05/29/07 EPICOR SOFTWARE CORP DE 1.01,9.01 05/22/07 ESCALA GROUP INC NY 4.01,8.01 05/16/07 ESTERLINE TECHNOLOGIES CORP DE 2.01,9.01 03/14/07 AMEND EXELON CORP PA 7.01,9.01 05/29/07 FAMILYMEDS GROUP, INC. NV 1.01,5.02 05/22/07 Federal Home Loan Bank of Atlanta X1 2.03 05/23/07 Federal Home Loan Bank of Boston X1 2.03 05/23/07 Federal Home Loan Bank of Chicago X1 2.03 05/24/07 Federal Home Loan Bank of Cincinnati X1 2.03,9.01 05/24/07 Federal Home Loan Bank of Dallas 2.03 05/23/07 Federal Home Loan Bank of Des Moines X1 2.03,9.01 05/23/07 Federal Home Loan Bank of Indianapoli X1 2.03,9.01 05/23/07 Federal Home Loan Bank of New York X1 2.03,9.01 05/23/07 Federal Home Loan Bank of Pittsburgh PA 2.03,9.01 05/23/07 Federal Home Loan Bank of San Francis X1 2.03 05/23/07 Federal Home Loan Bank of Seattle 2.03 05/29/07 Federal Home Loan Bank of Topeka 2.03 05/23/07 FIRST DATA CORP DE 5.02 05/22/07 FIRST FARMERS & MERCHANTS CORP TN 9.01 05/25/07 First Franklin Mortgage Loan Trust, S 8.01,9.01 05/29/07 First Franklin Mortgage Loan Trust, S 8.01,9.01 05/29/07 FIRST PACTRUST BANCORP INC MD 8.01 05/29/07 Fitness Xpress Software Inc. NV 1.01,2.01,3.02,5.01,5.02, 05/18/07 5.03,5.06,9.01 FOREST OIL CORP NY 7.01,9.01 05/29/07 FRANKFORT TOWER INDUSTRIES INC DE 8.01,9.01 11/30/04 FROZEN FOOD EXPRESS INDUSTRIES INC TX 1.01,5.03,9.01 05/25/07 GASTAR EXPLORATION LTD 3.02,7.01 05/23/07 GATEWAY ENERGY CORP/NE DE 5.05 05/23/07 GE Capital Credit Card Master Note Tr DE 8.01,9.01 05/15/07 GENTA INC DE/ DE 8.01,9.01 05/25/07 GENZYME CORP MA 8.01,9.01 05/29/07 GENZYME CORP MA 1.01,8.01,9.01 05/29/07 GIANT INDUSTRIES INC DE 8.01,9.01 05/29/07 GLADSTONE CAPITAL CORP MD 1.01,9.01 05/25/07 Google Inc. DE 8.01 05/25/07 Granite Master Issuer plc X0 9.01 05/23/07 GRANT PARK FUTURES FUND LIMITED PARTN IL 7.01 05/25/07 GRAYMARK PRODUCTIONS INC 7.01,9.01 05/24/07 GREER BANCSHARES INC SC 5.05,9.01 05/24/07 GRILL CONCEPTS INC DE 2.03 05/29/07 GSR Mortgage Loan Trust 2007-AR2 DE 8.01,9.01 05/24/07 AMEND GSR Mortgage Loan Trust 2007-OA1 DE 8.01,9.01 05/08/07 GULFMARK OFFSHORE INC DE 7.01,9.01 05/29/07 HANDLEMAN CO /MI/ MI 1.01 05/22/07 HarborView 2007-3 DE 8.01,9.01 05/25/07 HARRINGTON WEST FINANCIAL GROUP INC/C 8.01,9.01 05/25/07 HEMACARE CORP /CA/ CA 7.01,9.01 05/23/07 HOLLY CORP DE 7.01,9.01 05/29/07 HOME DEPOT INC DE 5.03,9.01 05/23/07 HUNGARIAN TELEPHONE & CABLE CORP DE 7.01,9.01 05/29/07 HUTTON HOLDINGS CORP NV 1.01,2.01,5.01,5.02,9.01 05/24/07 HYTHIAM INC DE 7.01,9.01 05/29/07 I FLOW CORP /DE/ DE 5.02,9.01 05/24/07 IDM PHARMA, INC. DE 1.01,5.02,9.01 05/25/07 IMERGENT INC DE 8.01 05/25/07 IndyMac IMSC Mortgage Loan Trust 2007 9.01 05/29/07 INDYMAC MBS INC RESIDENTIAL ASSET SEC 8.01 05/25/07 IndyMac RAST 2004-R2 8.01 05/25/07 INSIGHT HEALTH SERVICES HOLDINGS CORP 8.01,9.01 05/29/07 INTEL CORP DE 1.01 05/22/07 Intellect Neurosciences, Inc. 4.01 05/10/07 AMEND Interactive Brokers Group, Inc. DE 2.02,9.01 05/29/07 INTERACTIVE DATA CORP/MA/ DE 1.01,5.02,9.01 05/22/07 INTERNATIONAL BUSINESS MACHINES CORP NY 1.01,2.03,8.01 05/29/07 International Gold Resources, Inc. 8.01 05/10/07 INTERNATIONAL LEASE FINANCE CORP CA 9.01 05/25/07 INVERNESS MEDICAL INNOVATIONS INC DE 8.01,9.01 05/29/07 IRVINE SENSORS CORP/DE/ DE 3.02 05/23/07 Israel Technology Acquisition Corp. DE 8.01,9.01 05/29/07 J P MORGAN CHASE & CO DE 9.01 05/24/07 JACKSONVILLE BANCORP INC /FL/ FL 5.03 05/29/07 KAISER GROUP HOLDINGS INC DE 8.01 05/25/07 KANA SOFTWARE INC DE 4.02 05/29/07 AMEND KONA GRILL INC DE 7.01,9.01 05/29/07 KONIGSBERG CORP 5.03,9.01 05/16/07 LABARGE INC DE 7.01,9.01 05/29/07 LABORATORY CORP OF AMERICA HOLDINGS DE 7.01 05/29/07 Lattice INC DE 2.02,9.01 05/25/07 Lehman XS Trust 2007-6 DE 8.01,9.01 05/11/07 LEXINGTON PRECISION CORP DE 1.01,3.03 05/21/07 LEXINGTON REALTY TRUST MD 5.02,9.01 05/22/07 LEXINGTON REALTY TRUST MD 8.01,9.01 05/29/07 LIFE PARTNERS HOLDINGS INC TX 2.02,9.01 05/29/07 LIMITED BRANDS INC DE 2.02,7.01 05/23/07 Lincolnway Energy, LLC IA 8.01 05/23/07 Linens Holding Co. DE 1.01,9.01 05/24/07 LIONS GATE ENTERTAINMENT CORP /CN/ 1.01,7.01,9.01 05/25/07 LIQUIDITY SERVICES INC 1.01,9.01 05/21/07 LITHIUM TECHNOLOGY CORP DE 3.02,9.01 05/22/07 LITTLE SIOUX CORN PROCESSORS LLC 2.03 05/08/07 LORAL SPACE & COMMUNICATIONS INC. DE 5.02,8.01,9.01 05/22/07 LOUD TECHNOLOGIES INC WA 3.01,9.01 05/29/07 LUMINENT MORTGAGE CAPITAL INC 8.01,9.01 05/29/07 LYONDELL CHEMICAL CO DE 8.01,9.01 05/29/07 M&T BANK CORP NY 8.01,9.01 05/24/07 Magnum dOr Resources Inc 5.02 05/23/07 MAX CAPITAL GROUP LTD. 8.01,9.01 05/23/07 MAXCO INC MI 8.01,9.01 05/25/07 MCMORAN EXPLORATION CO /DE/ DE 8.01,9.01 05/29/07 MedAire, Inc. NV 1.01,7.01,9.01 05/28/07 MEDICIS PHARMACEUTICAL CORP DE 5.02,9.01 05/22/07 Mercantile Bancorp, Inc. DE 8.01,9.01 05/24/07 Merrill Lynch Mortgage Investors Trus DE 8.01,9.01 05/11/07 MGM MIRAGE DE 7.01,9.01 05/25/07 MICROSTRATEGY INC DE 5.02 05/22/07 MILLENNIUM CHEMICALS INC DE 8.01,9.01 05/29/07 MONROE BANCORP IN 5.02 05/23/07 MONTPELIER RE HOLDINGS LTD D0 5.02 05/23/07 MOSCOW CABLECOM CORP DE 3.01,9.01 05/22/07 MOTIENT CORP DE 7.01,9.01 05/29/07 MPHASE TECHNOLOGIES INC NJ 8.01 05/29/07 MURRAY UNITED DEVELOPMENT CORP DE 2.01,4.01,5.01,5.02,5.03,9.01 05/22/07 NASHUA CORP MA 1.01,2.03,9.01 05/23/07 NATIONAL RV HOLDINGS INC DE 1.01,2.01,2.03,9.01 05/22/07 Nayna Networks, Inc. WY 1.01,3.02,9.01 05/10/07 NEOPHARM INC DE 5.02,8.01,9.01 05/22/07 NEVADA CLASSIC THOROUGHBREDS INC NV 8.01 05/29/07 NEVADA GOLD & CASINOS INC NV 1.01,9.01 05/24/07 NEWPOWER HOLDINGS INC DE 8.01,9.01 05/23/07 NEWS CORP 1.01,1.02,2.03,9.01 05/23/07 NII HOLDINGS INC DE 8.01,9.01 05/29/07 NL INDUSTRIES INC NJ 7.01,9.01 05/25/07 NNN Healthcare/Office REIT, Inc. MD 9.01 03/20/07 AMEND NORTHSTAR REALTY 5.03,8.01,9.01 05/17/07 NORTHWEST AIRLINES CORP DE 7.01,8.01,9.01 05/29/07 NORTHWEST NATURAL GAS CO OR 5.03,9.01 05/24/07 NYMAGIC INC NY 7.01,9.01 05/23/07 OMEGA PROTEIN CORP NV 5.02,7.01,8.01,9.01 05/24/07 OMNOVA SOLUTIONS INC OH 1.01,2.03 05/22/07 OneBeacon Insurance Group, Ltd. D0 5.02,9.01 05/22/07 OPTIO SOFTWARE INC GA 8.01,9.01 05/22/07 ORIENT EXPRESS HOTELS LTD 5.02,9.01 05/25/07 OWENS & MINOR INC/VA/ VA 5.02,9.01 05/29/07 PAINCARE HOLDINGS INC CT 2.01,9.01 05/22/07 PAYLESS SHOESOURCE INC /DE/ DE 5.02 05/25/07 PC TEL INC DE 8.01,9.01 05/16/07 Penn Virginia GP Holdings, L.P. 8.01 05/29/07 PENN VIRGINIA RESOURCE PARTNERS L P DE 8.01 05/29/07 PERRY ELLIS INTERNATIONAL INC FL 5.02,9.01 05/25/07 PETROLEUM DEVELOPMENT CORP NV 7.01,9.01 05/29/07 PHASE FORWARD INC DE 8.01,9.01 05/29/07 PHILLIPS VAN HEUSEN CORP /DE/ DE 2.02,9.01 05/29/07 Phinder Technologies Inc FL 1.01,2.01,9.01 05/21/07 PINNACLE ENTERTAINMENT INC DE 8.01,9.01 05/29/07 POMEROY IT SOLUTIONS INC DE 5.02,9.01 05/22/07 PRECISION CASTPARTS CORP OR 5.02,5.03,9.01 05/23/07 Prime Mortgage Trust 2007-2 DE 9.01 04/30/07 PRINCIPAL FINANCIAL GROUP INC DE 5.03,9.01 05/22/07 PRIVATEBANCORP, INC DE 7.01 05/29/07 PSB GROUP INC MI 8.01,9.01 05/24/07 PUBLIC SERVICE ENTERPRISE GROUP INC NJ 5.02,9.01 05/23/07 QUANTA SERVICES INC DE 5.02,9.01 05/24/07 QUESTCOR PHARMACEUTICALS INC CA 2.05,7.01 05/24/07 QUIPP INC FL 3.01 05/16/07 Rackable Systems, Inc. DE 5.02 05/23/07 AMEND RALI Series 2007-QA4 Trust DE 8.01,9.01 05/29/07 RAYMOND JAMES FINANCIAL INC FL 5.03,7.01,9.01 05/25/07 REGENERATION TECHNOLOGIES INC FL 5.02,9.01 05/23/07 RELM WIRELESS CORP NV 1.01,9.01 05/23/07 Republic Property Trust MD 1.01 05/29/07 SAFECO CORP WA 1.01 05/24/07 SAFECO CORP WA 5.02 03/20/07 AMEND SALISBURY BANCORP INC CT 8.01,9.01 05/25/07 SANDERSON FARMS INC MS 2.02,9.01 05/24/07 SANTARUS INC DE 1.01,9.01 05/28/07 SBE INC DE 1.01,9.01 05/25/07 SECURED DIVERSIFIED INVESTMENT LTD 8.01 05/21/07 SEDONA CORP PA 1.01,3.02 05/14/07 SENTRY TECHNOLOGY CORP 5.03,9.01 05/17/07 SHANGHAI CENTURY ACQUISITION CORP F4 1.01,7.01,9.01 05/28/07 SIENA TECHNOLOGIES, INC. NV 5.02 05/22/07 SIERRA HEALTH SERVICES INC NV 8.01,9.01 05/24/07 SIERRA PACIFIC RESOURCES /NV/ NV 8.01,9.01 05/23/07 SOUTHERN COMMUNITY FINANCIAL CORP 5.02 05/23/07 SPARTAN MOTORS INC MI 5.02 05/23/07 STANCORP FINANCIAL GROUP INC OR 8.01,9.01 05/23/07 STANDARD MANAGEMENT CORP IN 7.01,9.01 05/23/07 Sterling Banks, Inc. NJ 9.01 03/16/07 AMEND STRATAGENE CORP DE 8.01 05/23/07 STRUCTURED PRODUCTS CORP CORTS TR FOR DE 8.01,9.01 05/15/07 SUBJEX CORP MN 8.01 05/29/07 SUNRISE SENIOR LIVING INC DE 8.01,9.01 05/25/07 Surge Global Energy, Inc. 1.01,9.01 05/22/07 SWISS MEDICA INC DE 1.01,3.02,9.01 05/08/07 SYMYX TECHNOLOGIES INC DE 5.02 05/22/07 Synutra International, Inc. DE 1.01,3.02 05/24/07 TD AMERITRADE HOLDING CORP DE 5.04 05/29/07 TELKONET INC 9.01 03/15/07 AMEND TELULAR CORP DE 5.02 05/24/07 TELVUE CORP DE 9.01 05/25/07 AMEND TERABEAM, INC. DE 5.03,8.01,9.01 05/23/07 Terra Nova Financial Group Inc TX 8.01,9.01 05/25/07 TERREMARK WORLDWIDE INC DE 2.01,3.02,7.01,9.01 05/24/07 TESORO CORP /NEW/ DE 8.01,9.01 05/29/07 TEXAS PACIFIC LAND TRUST 8.01,9.01 05/22/07 TIMBERLAND BANCORP INC WA 8.01,9.01 05/25/07 TOUSA INC DE 8.01,9.01 05/28/07 TRAILER BRIDGE INC 3.01,5.02 05/22/07 U S CANADIAN MINERALS INC CA 4.01 05/25/07 U S ENERGY SYSTEMS INC DE 3.01,9.01 05/22/07 UAP HOLDING CORP DE 5.02,9.01 05/22/07 UNICA CORP 5.02,9.01 05/22/07 UNITY WIRELESS CORP DE 5.02 05/25/07 Universal Compression Partners, L.P. DE 7.01,9.01 05/29/07 URANERZ ENERGY CORP. NV 8.01,9.01 05/29/07 URS CORP /NEW/ DE 1.01,7.01,9.01 05/28/07 US CONCRETE INC DE 5.02,9.01 05/24/07 VALLEY NATIONAL BANCORP NJ 8.01 05/25/07 VELCERA, INC. DE 1.01,5.02,9.01 05/24/07 VeriFone Holdings, Inc. DE 2.02,9.01 05/29/07 VERSANT CORP CA 2.02,9.01 05/29/07 VERTICALNET INC PA 2.03,3.01,9.01 05/22/07 Viacom Inc. DE 5.02,9.01 05/29/07 WASHINGTON GROUP INTERNATIONAL INC DE 1.01,9.01 05/27/07 Washington Mutual Mortgage Pass-Throu DE 9.01 05/11/07 WESCORP ENERGY INC 7.01,9.01 05/29/07 WESTPAC SECURITISATION MANAGEMENT PTY 8.01,9.01 05/24/07 WESTPAC SECURITISATION MANAGEMENT PTY 8.01,9.01 05/24/07 WHITE MOUNTAINS INSURANCE GROUP LTD D0 8.01,9.01 05/29/07 WHITNEY HOLDING CORP LA 5.02 05/23/07 WHITNEY INFORMATION NETWORK INC CO 8.01,9.01 05/29/07 WINDSTREAM CORP DE 8.01,9.01 05/29/07 WISCONSIN ENERGY CORP WI 1.01 05/24/07 WJ COMMUNICATIONS INC DE 1.01,9.01 05/23/07 Wright Express CORP 1.01,1.02,2.03,9.01 05/22/07 XETA TECHNOLOGIES INC OK 8.01 05/28/07 XPONENTIAL INC DE 5.02,9.01 05/23/07 Yaletown Capital Inc. NV 5.02,9.01 05/01/07