SEC NEWS DIGEST Issue 2007-54 March 21, 2007 COMMISSION ANNOUNCEMENTS Joint Release Board of Governors of the Federal Reserve System Commodity Futures Trading Commission Federal Deposit Insurance Corporation Federal Trade Commission National Credit Union Administration Office of the Comptroller of the Currency Office of Thrift Supervision Securities and Exchange Commission Federal Regulators Seek Public Comment on Model Privacy Notice Eight federal regulators today released a notice of proposed rulemaking (NPR) requesting comment on a model privacy form that financial institutions can use for their privacy notices to consumers required by the Gramm-Leach-Bliley Act (GLB Act). The privacy notices must describe an institution's information sharing practices, and, for certain types of sharing, consumers have the right to opt out. The notices must be provided when a consumer first becomes a customer of a financial institution and then annually for as long as the customer relationship lasts. Last October, President Bush signed into law the Financial Services Regulatory Relief Act of 2006, amending the GLB Act to require the agencies to propose a model form that is succinct and comprehensible to consumers, allows consumers easily to compare privacy practices of financial institutions, and uses easily readable type font. The proposed model privacy form is the "prototype privacy notice" developed by six of these federal agencies after a year-long consumer testing process. A detailed report describing the testing and resulting prototype privacy notice was released by these agencies in March 2006. The NPR proposes that a financial institution that chooses to use the model form would satisfy the disclosure requirements for the notices and so could take advantage of a legal "safe harbor." The NPR also proposes to remove, after a transition period, the sample clauses now included in some of the agencies' privacy rules. The NPR was developed jointly by the Board of Governors of the Federal Reserve System, the Commodity Futures Trading Commission, the Federal Deposit Insurance Corporation, the Federal Trade Commission, the National Credit Union Administration, the Office of the Comptroller of the Currency, the Office of Thrift Supervision, and the Securities and Exchange Commission. The NPR seeks comment on all aspects of the model form, including its content and format and whether it provides sufficient flexibility for financial institutions to disclose their sharing practices accurately. Written comments on the proposed rule amendments may be submitted within 60 days after their publication in the Federal Register, which is expected in late March. Media Contacts: CFTC Ianthe Zabel (202) 418-5091 FDIC David Barr (202) 898-6992 Federal Reserve Deborah Lagomarsino (202) 452-2955 FTC Claudia Bourne Farrell (202) 326-2181 NCUA Cherie Umbel (703) 518-6337 OCC Bryan Hubbard (202) 874-5770 OTS Kevin Petrasic (202) 906-6677 SEC John J. Nester (202) 551-4125 (Press Rel. 2007-49) COMMISSION MEETINGS CLOSED MEETING - WEDNESDAY, MARCH 28, 2007 - 2:00 P.M. The subject matter of the closed meeting scheduled for Wednesday, March 28, will be: formal orders of investigation; institution and settlement of injunctive actions; institution and settlement of administrative proceedings of an enforcement nature; resolution of litigation claims; and other matters relating 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 GARY MCNAUGHTON PLEADS GUILTY TO CRIMINAL CHARGES FOR RUNNING $17 MILLION PONZI SCHEME On March 5, Gary L. McNaughton, a resident of Amherst and Elyria Ohio, pled guilty to 10 counts of securities fraud, unlawful sale of unregistered securities, mail fraud and attempted tax evasion. McNaughton is scheduled to be sentenced on these charges on May 22, 2007. The charges stemmed from McNaughton's role in a Ponzi scheme in which he fraudulently raised at least $17 million from approximately 200 investors and which was the subject of a prior Commission action. In the criminal case, filed in a Cleveland federal court by the U.S. Attorney's Office for the Northern District of Ohio, the indictment charged that McNaughton raised at least $17 million from approximately 200 investors through the sale of unregistered securities in the form of notes under the name of The Haven Equity Company. The indictment further charged that McNaughton fraudulently guaranteed an annual return of 10% to 35% on the investment and told investors that they would receive their returns in the form of monthly interest payments. According to the indictment, McNaughton also told investors that he would send their money to a trader and friend in Ontario, Canada, who would use a trading strategy to generate the guaranteed returns. However, rather than investing the funds, McNaughton used investor funds to, among other things, pay purported interest and principal to existing investors and pay his personal expenses. On June 23, 2004, the Commission filed a complaint against McNaughton and obtained a temporary restraining order and asset freeze against him. On Dec. 4, 2003, the Commission obtained an order of permanent injunction against McNaughton, pursuant to his consent, enjoining him from further violations of the registration and antifraud provisions of the federal securities laws. On Aug. 23, 2004, the Commission obtained a Final Judgment and Order of Disgorgement against McNaughton. [SEC v. Gary L. McNaughton, Individually and d/b/a The Haven Equity Company, and Andrew K. Lech, Civil Action No. 1:03cv1249 (U.S.D.C. N.D. OH.) (Judge Dan A. Polster)] (LR-20050) ADDITIONS AND CORRECTIONS A summary in yesterday's Digest entitled "SEC CHARGES THAT COMPANY AND CEO PROMOTED STOCK WITH PHONY HOMELAND SECURITY DEAL" should have appeared as follows: SEC CHARGES THAT COMPANY AND CEO PROMOTED STOCK WITH PHONY HOMELAND SECURITY DEAL The Commission today announced the filing of a civil injunctive action alleging that a Utah-based corporation and its Chief Executive Officer made at least $1.5 million selling shares while disseminating false claims of a lucrative purchase order from the Department of Homeland Security. In its complaint, filed today in the U.S. District Court for the Eastern District of Pennsylvania, the Commission alleged that CyberKey Solutions, Inc. of St. George, Utah (CyberKey) and its CEO James E. Plant ("Plant," collectively, the "Defendants"), between November 2005 and the present, have engaged in an ongoing unregistered offering of CyberKey shares, promoted with a series of false press releases describing a putative purchase order worth in excess of $24 million from the U.S. Department of Homeland Security (DHS) to buy CyberKey's flash memory drives. In fact, the Commission's complaint alleges, CyberKey had no business relationship at all, either directly or indirectly, with DHS. Additionally, according to the complaint, CyberKey and Plant made other false statements to unsuspecting investors, including statements claiming CyberKey had shipped products to DHS and received payments pursuant to the phony purchase order, and that CyberKey was in the process of preparing and releasing audited financials. The Commission's complaint further alleges, that, as a result of their scheme, the Defendants violated Sections 5(a), 5(c) and 17(a) of the Securities Act of 1933 and Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder, and seeks as relief permanent injunctions against future violations of these provisions by the Defendants, and disgorgement of all the Defendants' ill-gotten gains, including prejudgment interest and civil penalties. In a related criminal action, Plant was arrested on March 13, 2007, in St. George, Utah, by agents of the Federal Bureau of Investigation's Philadelphia Economic Crimes Squad on charges of securities fraud and aiding and abetting securities fraud. The Commission acknowledges the assistance and cooperation of the Federal Bureau of Investigation, the Office of the U.S. Attorney for the Eastern District of Pennsylvania and the National Association of Securities Dealers in the investigation of this matter. [SEC v. Cyberkey Solutions, Inc. and James E. Plant, Civ. Action No. 07 1084 (CMR) (E.D. Pa)] (LR-20049; Press Rel. 2007-47) INVESTMENT COMPANY ACT RELEASES RYDEX ETF TRUST, ET AL. An order has been issued on an application filed by Rydex ETF Trust, et al. The order permits new series, as described in the application, of an existing open-end management investment company to issue shares of limited redeemability that would trade in the secondary market at negotiated prices. The order allows dealers to sell shares of the new series in the secondary market unaccompanied by a prospectus when prospectus delivery is not required by the Securities Act of 1933. The order also permits certain affiliated persons of the new series to deposit securities into, and receive securities from, the new series. (Rel. IC-27754 - March 20) SELF-REGULATORY ORGANIZATIONS IMMEDIATE EFFECTIVENESS OF PROPOSED RULE CHANGES The Depository Trust Company filed a proposed rule change (SR-DTC- 2007-02) under Section 19(b)(3)(A) of the Securities Exchange Act which permits DTC to cease charging fees to the CDS Clearing and Depository Services, Inc. Publication is expected in the Federal Register during the week of March 26. (Rel. 34-55488) National Securities Clearing Corporation filed a proposed rule change (SR-NSCC-2007-02) under Section 19(b)(3)(A) of the Securities Exchange Act which permits NSCC to cease charging fees to the CDS Clearing and Depository Services, Inc. The proposed rule change became effective upon filing with the Commission. Publication is expected in the Federal Register during the week of March 26. (Rel. 34-55490) ACCELERATED APPROVAL OF PROPOSED RULE CHANGES The Commission granted accelerated approval to a proposed rule change (SR-NASDAQ-2007-023) submitted by The NASDAQ Stock Market to trade the shares of the PowerShares DB US Dollar Index Bullish Fund and the PowerShares DB US Dollar Index Bearish Fund pursuant to unlisted trading privileges. Publication is expected in the Federal Register during the week of March 26. (Rel. 34-55489) The Commission granted accelerated approval to a proposed rule change, as modified by Amendment Nos. 1 and 2 thereto, filed by the Chicago Board Options Exchange (SR-CBOE-2006-95) to list and trade options on the Vanguard Emerging Markets Exchange Traded Fund. Publication is expected in the Federal Register during the week of March 26. (Rel. 34-55491) PROPOSED RULE CHANGE The National Association of Securities Dealers filed a proposed rule change (SR-NASD-2007-023) to amend the By-Laws of NASD to implement governance and related changes to accommodate the consolidation of the member firm regulatory functions of NASD and NYSE Regulation, Inc. Publication is expected in the Federal Register during the week of March 26. (Rel. 34-55495) 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-3ASR NORTHEAST UTILITIES, ONE FEDERAL STREET, BUILDING 111-4, SPRINGFIELD, MA, 01105, 8606655000 - 0 ($0.00) Other, (File 333-141425 - Mar. 20) (BR. 02A) SB-2 ELKO VENTURES INC., 650 RUBY WAY, CRESCENT VALLEY, NV, 89821, 775-201-6669 - 2,000,000 ($60,000.00) Equity, (File 333-141426 - Mar. 20) (BR. 04) S-4 BANNER CORP, 10 S FIRST AVENUE, WALLA WALLA, WA, 99362, 5095273636 - 1,773,494 ($18,799,345.00) Equity, (File 333-141427 - Mar. 20) (BR. 07A) S-4 AbitibiBowater Inc., 1155 METCALF STREET, SUITE 800, MONTREAL, A8, H3B 5H2, 514-875-2160 - 0 ($2,534,378,624.45) Equity, (File 333-141428 - Mar. 20) (BR. 03B) S-3 WAVE SYSTEMS CORP, 480 PLEASANT ST, LEE, MA, 01238, 4132431600 - 0 ($25,000,000.00) Equity, (File 333-141429 - Mar. 20) (BR. 03A) S-8 ITC Holdings Corp., 39500 ORCHARD HILL PLACE, SUITE 200, NOVI, MI, 48375, 248-374-7100 - 0 ($7,545,600.00) Equity, (File 333-141430 - Mar. 20) (BR. 02B) S-3 PHC INC /MA/, 200 LAKE ST STE 102, PEABODY, MA, 01960, 9785362777 - 1,707,149 ($5,377,519.00) Equity, (File 333-141431 - Mar. 20) (BR. 01B) S-8 KOSAN BIOSCIENCES INC, 3832 BAY CENTER PLACE, HAYWARD, CA, 94545, 5107328400 - 150,000 ($748,500.00) Equity, (File 333-141437 - Mar. 20) (BR. 01B) S-8 MACATAWA BANK CORP, 348 S WAVERLY RD, HOLLAND, MI, 49423, 200,000 ($3,752,000.00) Equity, (File 333-141438 - Mar. 20) (BR. 07C) S-3 LACLEDE GAS CO, 720 OLIVE ST, ST LOUIS, MO, 63101, 3143420500 - 0 ($350,000,000.00) Unallocated (Universal) Shelf, (File 333-141439 - Mar. 20) (BR. 02A) SB-2 CHANCERY RESOURCES, INC., 422 RICHARDS STREET, 3RD FLOOR, VANCOUVER, A1, V6B 2Z4, 778-688-0474 - 2,000,000 ($200,000.00) Equity, (File 333-141440 - Mar. 20) (BR. ) S-8 DIOMED HOLDINGS INC, 1 DUNDEE PARK, ANDOVER, MA, 01810, 978-475-7771 - 3,170,000 ($3,328,500.00) Equity, (File 333-141441 - Mar. 20) (BR. 10A) S-8 Global Resource CORP, 408 BLOOMFIELD DR., UNIT 3, WEST BERLIN, NJ, 08091, 856-767-5661 - 2,500,000 ($3,150,000.00) Equity, (File 333-141442 - Mar. 20) (BR. 09A) S-8 MOTORSPORTS EMPORIUM, INC., 16055 N. DIAL BLVD., SUITE 5, SCOTTSDALE, AZ, 85260, 480-419-8607 - 1,000,000 ($100,000.00) Equity, (File 333-141443 - Mar. 20) (BR. 05C) S-8 Fresenius Medical Care AG & Co. KGaA, ELSE-KROENER STRASSE 1, BAD HOMBURG, 2M, 61352, 011-49-6172-6090 - 5,000,000 ($695,300,000.00) Equity, (File 333-141444 - Mar. 20) (BR. 01A) S-3 GAMCO INVESTORS, INC. ET AL, ONE CORPORATE CENTER, 401 THEODORE FREMD AVENUE, RYE, NY, 10580, 9149213700 - 57,074 ($2,294,945.54) Equity, (File 333-141446 - Mar. 20) (BR. 06C) S-3ASR ISIS PHARMACEUTICALS INC, 1896 RUTHERFORD ROAD, CARLSBAD, CA, 92008, 7609319200 - 0 ($162,500,000.00) Debt Convertible into Equity, (File 333-141447 - Mar. 20) (BR. 01A) S-4 Public Storage, 701 WESTERN AVENUE, GLENDALE, CA, 91201-2349, 818-244-8080 - 0 ($21,724,509,130.88) Equity, (File 333-141448 - Mar. 20) (BR. ) S-4 RENASANT CORP, 209 TROY ST, P O BOX 709, TUPELO, MS, 38802, 6016801001 - 0 ($77,832,934.00) Equity, (File 333-141449 - Mar. 20) (BR. 07B) S-1 BRONZE MARKETING INC, 426 SOUTH 1000 EAST, SALT LAKE CITY, UT, 84102, 8015371237 - 5,467,552 ($30,727,642.00) Equity, (File 333-141450 - Mar. 20) (BR. 09A) S-3D EMPIRE DISTRICT ELECTRIC CO, 602 JOPLIN ST, JOPLIN, MO, 64801, 4176255100 - 2,000,000 ($47,430,000.00) Equity, (File 333-141452 - Mar. 20) (BR. 02A) 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 8K ITEM NO. NAME OF ISSUER CODE DATE COMMENT 3D SYSTEMS CORP DE 2.02,9.01 03/19/07 ACCESS NATIONAL CORP VA 8.01,9.01 03/20/07 ACCREDITED HOME LENDERS HOLDING CO DE 1.01,2.06,3.01,8.01,9.01 03/15/07 ADEZA BIOMEDICAL CORP DE 5.01,5.02 03/16/07 ADOBE SYSTEMS INC DE 2.02,9.01 03/20/07 ADVANCED COMMUNICATIONS TECHNOLOGIES FL 5.02 03/14/07 ADVANCED MEDICAL OPTICS INC DE 8.01,9.01 03/19/07 AFFILIATED COMPUTER SERVICES INC DE 8.01,9.01 03/20/07 Affinia Group Intermediate Holdings I DE 2.02,9.01 03/15/07 AFFYMETRIX INC DE 5.02,9.01 03/19/07 AGERE SYSTEMS INC DE 8.01 03/19/07 AHPC Holdings, Inc. MD 8.01,9.01 03/16/07 AIR PRODUCTS & CHEMICALS INC /DE/ DE 7.01,9.01 03/20/07 ALESCO FINANCIAL INC 7.01,9.01 03/20/07 ALLIANCE FINANCIAL CORP /NY/ NY 4.01,9.01 12/12/06 AMEND ALLIED DEFENSE GROUP INC DE 2.02,2.04,9.01 03/19/07 ALLSTATE LIFE INSURANCE CO 5.03,9.01 03/15/07 ALPHA NUTRA INC 1.01,2.01,2.03,3.02,5.01,5.02, 01/23/07 9.01 ALPHARMA INC DE 1.01,8.01,9.01 03/20/07 Alternative Loan Trust 2007-3T1 8.01,9.01 02/27/07 ALTRIA GROUP, INC. VA 8.01,9.01 03/20/07 AMC ENTERTAINMENT INC DE 5.02,9.01 03/20/07 AMERICAN AXLE & MANUFACTURING HOLDING DE 5.02 03/14/07 AMERICAN INDEPENDENCE CORP DE 2.02,9.01 12/31/06 AMERICAN MEDICAL ALERT CORP NY 2.02,9.01 03/20/07 AMERICAN MORTGAGE ACCEPTANCE CO MA 2.02,9.01 12/31/06 AMERICAN MORTGAGE ACCEPTANCE CO MA 5.02,9.01 03/15/07 AMERICAN REPUBLIC REALTY FUND I WI 1.01 03/16/07 AMERICAN VANGUARD CORP DE 5.02 03/15/07 AMERIGON INC MI 5.02,5.03,9.01 03/14/07 AMERITRANS CAPITAL CORP DE 2.02 03/20/07 ANNTAYLOR STORES CORP DE 5.02 03/14/07 APARTMENT INVESTMENT & MANAGEMENT CO MD 7.01,9.01 03/20/07 APPLEBEES INTERNATIONAL INC DE 8.01,9.01 03/20/07 APPLEBEES INTERNATIONAL INC DE 5.02,9.01 03/14/07 ARADYME CORP DE 1.01,2.02,5.02,9.01 03/19/07 ARCADIA RESOURCES, INC NV 2.01,9.01 02/16/07 AMEND ARCHON CORP NV 4.01,9.01 03/14/07 ASIA GLOBAL HOLDINGS CORP. NV 4.01,9.01 02/15/07 ASSURANCEAMERICA CORP NV 8.01 03/14/07 ATLANTIC COAST ENTERTAINMENT HOLDINGS NJ 3.03,8.01,9.01 03/19/07 AVISTA CORP WA 1.01,2.03,9.01 03/19/07 BA Credit Card Funding, LLC DE 8.01,9.01 03/20/07 BANK ONE AUTO SECURITIZATION TRUST 20 DE 8.01,9.01 03/20/07 BEA SYSTEMS INC DE 5.02 03/14/07 Benda Pharmaceutical, Inc. MN 4.01,9.01 01/09/07 AMEND BigBand Networks, Inc. DE 8.01 03/20/07 BILL BARRETT CORP 7.01,9.01 03/19/07 BILL BARRETT CORP 7.01,9.01 03/19/07 AMEND BLACK BOX CORP DE 4.02,9.01 03/19/07 BLOCKBUSTER INC DE 5.02,9.01 03/19/07 BLUE COAT SYSTEMS INC DE 8.01,9.01 03/15/07 BODISEN BIOTECH, INC DE 3.01,8.01,9.01 03/20/07 BSD MEDICAL CORP DE 7.01,9.01 03/20/07 BUCKLE INC NE 8.01,9.01 03/20/07 BUTLER NATIONAL CORP DE 8.01,9.01 03/19/07 CALPINE CORP DE 2.02,7.01,9.01 12/31/06 CARRIZO OIL & GAS INC TX 2.02,9.01 03/15/07 Castle Brands Inc 5.02,9.01 03/20/07 Centale, Inc. NY 5.02 03/15/07 Centennial Bank Holdings, Inc. DE 4.02 03/12/07 AMEND CENTER BANCORP INC NJ 1.01,9.01 03/15/07 CENTRAL GARDEN & PET CO DE 1.01,9.01 03/15/07 CENTRAL HUDSON GAS & ELECTRIC CORP NY 1.01,9.01 03/19/07 CFS BANCORP INC IN 8.01 03/20/07 Chaparral Steel CO DE 2.02,9.01 03/20/07 CHART INDUSTRIES INC DE 5.02,7.01,9.01 03/15/07 CHARTERMAC DE 5.02,5.03,9.01 03/14/07 CHARYS HOLDING CO INC 8.01,9.01 03/05/07 CHARYS HOLDING CO INC 8.01,9.01 03/05/07 CHARYS HOLDING CO INC 1.01,8.01,9.01 02/20/07 AMEND Chelsea Therapeutics International, L DE 1.01,3.02,9.01 03/19/07 CHINA DIGITAL MEDIA CORP NV 4.02 03/20/07 CHINA FUND INC MD 7.01,9.01 02/01/07 China Public Security Technology, Inc 1.01,9.01 03/09/07 CHIQUITA BRANDS INTERNATIONAL INC NJ 8.01,9.01 03/20/07 CHURCHILL DOWNS INC KY 5.02 03/14/07 CINEMARK INC DE 1.01,9.01 03/14/07 CINEMARK USA INC /TX TX 1.01,9.01 03/14/07 CIT GROUP INC DE 8.01,9.01 03/19/07 CITIZENS COMMUNICATIONS CO DE 8.01,9.01 03/20/07 CLAIMSNET COM INC DE 5.02,7.01,9.01 03/15/07 CLARIENT, INC DE 1.01 03/14/07 CLARKSTON FINANCIAL CORP 5.02 03/15/07 COEUR D ALENE MINES CORP ID 8.01,9.01 03/16/07 COFFEE HOLDING CO INC NV 2.02,9.01 03/19/07 College Loan Corp Trust II DE 1.01,9.01 03/06/07 COLONY RIH HOLDINGS INC DE 1.01,9.01 03/14/07 COMMERCIAL METALS CO DE 2.02,9.01 03/20/07 COMMONWEALTH EDISON CO IL 5.02 03/14/07 COMMUNITY BANKS INC /PA/ PA 8.01,9.01 03/19/07 COMPUDYNE CORP NV 2.06,7.01 03/15/07 Conmed Healthcare Management, Inc. DE 5.02,9.01 03/13/07 CORE MOLDING TECHNOLOGIES INC DE 5.02 03/16/07 CORPORATE REALTY INCOME FUND I L P DE 2.01,9.01 03/15/07 COVENTRY HEALTH CARE INC DE 1.01,2.03,9.01 03/15/07 CRDENTIA CORP DE 1.02,3.02 03/14/07 CREATIVE VISTAS INC AZ 1.01,9.01 03/20/07 CROSS TIMBERS ROYALTY TRUST TX 2.02,9.01 03/20/07 CWHEQ Home Equity Loan Trust, Series 8.01,9.01 12/29/06 AMEND CYANOTECH CORP NV 3.01,5.03,8.01 03/16/07 CYBEX INTERNATIONAL INC NY 1.01,8.01,9.01 03/20/07 Cyclacel Pharmaceuticals, Inc. DE 2.02,9.01 03/15/07 AMEND CYPRESS SEMICONDUCTOR CORP /DE/ DE 2.01,9.01 03/14/07 CYTOKINETICS INC 5.02 03/14/07 DARDEN RESTAURANTS INC FL 2.02,5.02,9.01 02/25/07 DATATRAK INTERNATIONAL INC OH 1.01,3.02,8.01,9.01 03/19/07 DELPHI CORP DE 2.05 03/12/07 DIAMOND HILL INVESTMENT GROUP INC OH 8.01,9.01 03/20/07 DICKS SPORTING GOODS INC DE 5.02,7.01,9.01 03/16/07 DIVERSA CORP DE 1.01 03/17/07 DIVERSA CORP DE 8.01,9.01 03/20/07 DOLLAR GENERAL CORP TN 7.01,9.01 03/20/07 DOLLAR TREE STORES INC VA 1.01,5.02,7.01 03/14/07 DUN & BRADSTREET CORP/NW DE 7.01,9.01 03/20/07 Dynegy Acquisition, Inc. DE 8.01,9.01 03/20/07 EDEN ENERGY CORP NV 7.01,9.01 03/19/07 EDGETECH SERVICES INC NV 4.01 02/16/07 EGL INC TX 1.01,9.01 03/16/07 EGPI FIRECREEK, INC. NV 8.01,9.01 03/20/07 EMERGE INTERACTIVE INC DE 1.01,1.02,2.01,9.01 03/15/07 ENCORIUM GROUP INC NV 2.02,9.01 03/19/07 ENCYSIVE PHARMACEUTICALS INC DE 5.02,9.01 03/14/07 ENDO PHARMACEUTICALS HOLDINGS INC DE 7.01,9.01 03/20/07 ENVIRONMENTAL SOLUTIONS WORLDWIDE INC FL 8.01,9.01 03/16/07 ESCHELON TELECOM INC 1.01,5.01,9.01 03/19/07 ESCHELON TELECOM INC 8.01,9.01 03/20/07 EXPLORATION CO OF DELAWARE INC DE 7.01,9.01 03/16/07 EXPRESS SCRIPTS INC DE 7.01 03/20/07 FACTSET RESEARCH SYSTEMS INC DE 2.01,9.01 02/28/07 Federal Home Loan Bank of Atlanta X1 2.03 03/14/07 Federal Home Loan Bank of Boston X1 2.03 03/14/07 Federal Home Loan Bank of Chicago X1 2.03 03/14/07 Federal Home Loan Bank of Cincinnati X1 2.03,9.01 03/14/07 Federal Home Loan Bank of Des Moines X1 2.03,9.01 03/14/07 Federal Home Loan Bank of Indianapoli X1 2.03,9.01 03/14/07 Federal Home Loan Bank of New York X1 2.03,9.01 03/14/07 Federal Home Loan Bank of Pittsburgh PA 2.03,9.01 03/14/07 Federal Home Loan Bank of San Francis X1 2.03 03/14/07 Federal Home Loan Bank of Seattle 2.03 03/19/07 Federal Home Loan Bank of Topeka 2.03 03/14/07 FIBERSTARS INC /CA/ CA 2.02,9.01 03/14/07 FIFTH THIRD AUTO TRUST 2004-A 8.01,9.01 03/20/07 FIRST ADVANTAGE CORP DE 5.02 03/15/07 FIRST BANCTRUST CORP DE 8.01,9.01 03/15/07 FIRST CITIZENS BANCSHARES INC /DE/ DE 5.02 03/14/07 FIRST MERCHANTS CORP IN 7.01,9.01 03/20/07 FIRST PLACE FINANCIAL CORP /DE/ DE 8.01,9.01 03/20/07 FISCHER IMAGING CORP DE 7.01,8.01,9.01 03/09/07 FLOTEK INDUSTRIES INC/CN/ DE 9.01 01/04/07 FLOW INTERNATIONAL CORP WA 8.01,9.01 03/19/07 FORME CAPITAL INC DE 1.01,5.01,5.02,8.01,9.01 03/14/07 FPL GROUP INC FL 5.02 03/16/07 FSI INTERNATIONAL INC MN 2.02,9.01 03/20/07 FULTON FINANCIAL CORP PA 5.02 03/20/07 FUNDSTECH CORP 5.02 03/14/07 GALAXY NUTRITIONAL FOODS INC DE 1.01,2.03,3.02,9.01 03/14/07 Gales Industries Inc DE 1.01,5.02 03/15/07 GENERAL ENVIRONMENTAL CORP/NH 8.01 03/01/07 GENEVA ACQUISITION CORP DE 8.01,9.01 03/20/07 GeoEye, Inc. DE 7.01 03/20/07 GeoMet, Inc. DE 2.02,9.01 03/19/07 Global Employment Holdings, Inc. 5.02,9.01 03/14/07 GMX RESOURCES INC OK 7.01,9.01 03/20/07 Golden West Brewing Company, Inc. CA 3.02 03/15/07 GRAMERCY CAPITAL CORP MD 8.01,9.01 03/19/07 Granite Falls Energy, LLC MN 2.02,5.02 03/15/07 GRAY TELEVISION INC GA 8.01,9.01 03/19/07 GRAY TELEVISION INC GA 1.01,2.03,9.01 03/19/07 GREAT PLAINS ENERGY INC MO 1.01,9.01 03/20/07 GREAT PLAINS ENERGY INC MO 2.03 03/20/07 Great Wolf Resorts, Inc. DE 8.01 03/16/07 GREATBATCH, INC. DE 8.01,9.01 03/19/07 GROUP 1 AUTOMOTIVE INC DE 7.01,8.01,9.01 03/19/07 GULF ISLAND FABRICATION INC LA 5.02 03/19/07 HALLIBURTON CO DE 8.01,9.01 03/20/07 HANCOCK FABRICS INC DE 2.04,2.05,7.01,9.01 03/20/07 Harbin Electric, Inc 1.02,5.02,9.01 03/19/07 HARTFORD LIFE INSURANCE CO CT 9.01 03/20/07 HAYNES INTERNATIONAL INC DE 1.01,8.01,9.01 03/15/07 Healthsport, Inc. DE 1.01,9.01 03/15/07 HEPALIFE TECHNOLOGIES INC FL 5.02 03/14/07 Home Loan Trust 2007-HI1 DE 8.01,9.01 03/20/07 Horne International, Inc. DE 3.02 03/20/07 AMEND HOSPIRA INC DE 9.01 02/01/07 AMEND House of Taylor Jewelry, Inc. NV 9.01 03/19/07 HUB GROUP INC DE 5.02,9.01 03/20/07 HUGOTON ROYALTY TRUST TX 2.02,9.01 03/20/07 Huron Consulting Group Inc. DE 9.01 12/29/06 AMEND IBERIABANK CORP LA 9.01 03/20/07 ICF International, Inc. DE 2.02,9.01 03/20/07 IDACORP INC ID 5.02 03/20/07 Ignis Petroleum Group, Inc. 5.02,9.01 03/14/07 IHOP CORP DE 2.03,9.01 03/16/07 IMPAX LABORATORIES INC DE 7.01,9.01 03/20/07 INDEPENDENCE HOLDING CO DE 2.02,9.01 12/31/06 INFRASOURCE SERVICES INC DE 1.01,9.01 03/18/07 ING LIFE INSURANCE & ANNUITY CO CT 1.01 03/19/07 INLAND REAL ESTATE CORP MD 8.01,9.01 03/19/07 Innophos Holdings, Inc. 8.01 03/16/07 INSURANCE AUTO AUCTIONS, INC IL 2.02,7.01 03/19/07 INTEGRATED ALARM SERVICES GROUP INC DE 2.02,9.01 03/16/07 INTERDENT INC DE 3.03,9.01 03/15/07 INTERDENT SERVICE CORP WA 1.01,3.03,9.01 03/19/07 INTERMUNE INC DE 2.02,9.01 03/20/07 INTERNAP NETWORK SERVICES CORP DE 5.02 03/15/07 INTERNATIONAL ELECTRONICS INC MA 2.02,9.01 03/20/07 INTERWOVEN INC CA 3.01 03/16/07 INTRAOP MEDICAL CORP 1.01,2.03,9.01 03/14/07 INYX INC NV 7.01,9.01 03/19/07 ITONIS INC. NV 8.01,9.01 03/19/07 J P MORGAN CHASE & CO DE 9.01 03/16/07 J2 GLOBAL COMMUNICATIONS INC DE 4.01,9.01 03/14/07 JUPITERMEDIA CORP DE 2.02,7.01 03/14/07 AMEND K2 INC DE 1.01,2.03,9.01 03/19/07 KBR, INC. DE 8.01 03/20/07 KEYSTONE AUTOMOTIVE OPERATIONS INC PA 5.02 03/14/07 KIRKLANDS INC 2.02,9.01 03/16/07 KNOBIAS, INC. DE 4.01 03/17/07 Koppers Holdings Inc. PA 1.01 03/15/07 KOPPERS INC PA 1.01 03/15/07 LA JOLLA PHARMACEUTICAL CO DE 8.01,9.01 03/20/07 LABORATORY CORP OF AMERICA HOLDINGS DE 7.01 03/20/07 LADISH CO INC WI 8.01,9.01 03/19/07 LEGACY RESERVES L P 2.02,9.01 03/20/07 Lev Pharmaceuticals Inc DE 5.02 03/16/07 LGL GROUP INC IN 1.01,5.02,9.01 03/20/07 LIFE TIME FITNESS INC MN 5.02,9.01 03/14/07 LIGAND PHARMACEUTICALS INC DE 2.05,5.02 03/20/07 LINCOLN NATIONAL CORP IN 5.02,8.01 03/19/07 LSI LOGIC CORP DE 5.02,8.01 03/20/07 LUBYS INC DE 2.02,9.01 02/14/07 MAJESTIC STAR CASINO LLC IN 1.01,9.01 03/16/07 MAJESTIC STAR CASINO LLC IN 2.02,9.01 03/20/07 MALEX INC DE 1.01,5.01,5.02,8.01,9.01 03/14/07 MANCHESTER INC 5.02,8.01,9.01 03/14/07 MARCUS CORP WI 2.02,9.01 03/20/07 MARKWEST HYDROCARBON INC DE 1.01,2.03,9.01 03/15/07 Marquee Holdings Inc. DE 5.02,9.01 03/20/07 Medical Exchange Inc. NV 4.01,9.01 02/26/07 AMEND MEDICALCV INC MN 8.01,9.01 03/19/07 MEDQUIST INC NJ 5.02 03/14/07 MEMORY PHARMACEUTICALS CORP 1.01,2.03,9.01 03/16/07 MERRILL MERCHANTS BANCSHARES INC ME 8.01,9.01 03/20/07 MESA OFFSHORE TRUST TX 7.01,9.01 03/20/07 MESA ROYALTY TRUST/TX TX 7.01,9.01 03/20/07 METROPCS COMMUNICATIONS INC 3.03 03/14/07 MICROMET, INC. DE 2.02,9.01 03/16/07 MICROTEK MEDICAL HOLDINGS, INC GA 5.02 03/08/07 AMEND MIKRON INFRARED INC NJ 2.02,9.01 03/13/07 MOBILEMAIL (US) INC. NV 1.01,5.02 03/14/07 MOBILEPRO CORP DE 8.01 03/20/07 Money Tree, Inc. GA 1.01 03/19/07 MOVIE GALLERY INC DE 8.01,9.01 03/19/07 MS STRUCTURED SATURNS SERIES 2002-14 DE 8.01,9.01 03/15/07 MS STRUCTURED SATURNS SERIES 2003-2 DE 8.01,9.01 03/15/07 MSC SOFTWARE CORP DE 1.01 03/14/07 MUZAK HOLDINGS LLC DE 8.01,9.01 03/16/07 NASHUA CORP MA 1.01,1.02,9.01 03/14/07 NATIONAL BANCSHARES CORP /OH/ OH 5.02 03/15/07 NAVISTAR INTERNATIONAL CORP DE 2.02,9.01 03/20/07 NAVTECH INC DE 5.02,9.01 03/14/07 NEOSE TECHNOLOGIES INC DE 5.02 03/14/07 NETSMART TECHNOLOGIES INC DE 8.01,9.01 03/15/07 NEW CENTURY FINANCIAL CORP MD 8.01 03/14/07 NGP Capital Resources CO MD 7.01,9.01 03/20/07 NNN 2003 VALUE FUND LLC 9.01 03/14/07 AMEND NOBLE CORP 1.01,2.03,9.01 03/15/07 Norcraft Holdings, L.P. DE 2.02,9.01 03/20/07 NORTH AMERICAN TECHNOLOGIES GROUP INC 5.02 03/09/07 NORTHWEST BIOTHERAPEUTICS INC DE 2.03 03/16/07 NOVELL INC DE 3.01,9.01 03/15/07 NTELOS HOLDINGS CORP 8.01,9.01 03/20/07 OI CORP OK 5.02 03/20/07 OLD DOMINION ELECTRIC COOPERATIVE VA 5.02 03/15/07 OMNOVA SOLUTIONS INC OH 2.02,9.01 03/19/07 OPENTV CORP 2.02,9.01 03/15/07 ORACLE CORP 2.02,9.01 03/20/07 PATAPSCO BANCORP INC MD 1.01,9.01 03/19/07 PATCH INTERNATIONAL INC/CN NV 1.01,2.01,7.01,9.01 03/08/07 PEDIATRIC PROSTHETICS INC 5.03,9.01 03/15/07 PEP BOYS MANNY MOE & JACK PA 7.01,9.01 03/20/07 PERRY ELLIS INTERNATIONAL INC FL 2.02,9.01 03/20/07 PHARMACOPEIA DRUG DISCOVERY INC DE 5.02 03/14/07 PILGRIMS PRIDE CORP DE 1.01,9.01 03/15/07 PITNEY BOWES INC /DE/ DE 5.02,9.01 03/20/07 PPL CORP PA 2.03,8.01,9.01 03/16/07 PRIME GROUP REALTY TRUST MD 2.02,9.01 12/31/06 PRIVATEBANCORP, INC DE 2.03,3.02,8.01 03/20/07 PROGRESS SOFTWARE CORP /MA MA 2.02,9.01 03/20/07 PROSPERO MINERALS CORP. NV 2.06,4.02 03/16/07 PROSPERO MINERALS CORP. NV 5.02 03/19/07 PXRE GROUP LTD 2.02,9.01 03/14/07 AMEND QAD INC DE 5.02 03/14/07 QUANTA SERVICES INC DE 1.01,5.02,9.01 03/17/07 RADIANT SYSTEMS INC GA 5.02 03/14/07 RAE SYSTEMS INC DE 8.01,9.01 03/16/07 RAIT Financial Trust MD 2.02,7.01,9.01 03/20/07 RANCHER ENERGY CORP. NV 1.01,5.02,8.01,9.01 03/14/07 RC2 CORP DE 5.02,9.01 03/14/07 REALOGY CORP DE 1.01,8.01,9.01 03/14/07 REGAL ENTERTAINMENT GROUP DE 7.01 03/20/07 REGENT TECHNOLOGIES INC CO 1.01 03/15/07 REPROS THERAPEUTICS INC. DE 1.01,9.01 03/15/07 Rhino Outdoor International, Inc. 5.02 03/16/07 RUBIOS RESTAURANTS INC DE 1.01 03/19/07 S&T BANCORP INC PA 8.01 03/19/07 SAFECO CORP WA 5.02,9.01 03/20/07 SAFECO CORP WA 8.01,9.01 03/20/07 SAFLINK CORP DE 3.01 03/16/07 SANTANDER DRIVE AUTO RECEIVABLES LLC DE 8.01,9.01 03/19/07 SCM MICROSYSTEMS INC DE 1.02,9.01 03/20/07 SELIGMAN NEW TECHNOLOGIES FUND II INC MD 7.01 03/20/07 SELIGMAN NEW TECHNOLOGIES FUND, INC 7.01 03/20/07 SERVICEMASTER CO DE 1.01,5.02,8.01,9.01 03/15/07 SILICON STORAGE TECHNOLOGY INC CA 3.01,9.01 03/20/07 SIMON PROPERTY GROUP L P /DE/ DE 8.01,9.01 03/20/07 SKY FINANCIAL GROUP INC OH 8.01 03/16/07 SL INDUSTRIES INC NJ 1.01 03/13/07 SMITHWAY MOTOR XPRESS CORP NV 5.02 03/15/07 Solar Thin Films, Inc. DE 4.02 03/12/07 Solar Thin Films, Inc. DE 5.02,9.01 03/14/07 SONOSITE INC 7.01 03/20/07 SOUTHCREST FINANCIAL GROUP INC GA 5.02 03/16/07 SOUTHERN COMMUNITY FINANCIAL CORP 5.02 03/16/07 SOUTHWALL TECHNOLOGIES INC /DE/ DE 5.02 03/19/07 SOVEREIGN BANCORP INC PA 5.02,9.01 03/14/07 SPAR GROUP INC DE 2.02,9.01 03/14/07 STAGE STORES INC NV 8.01,9.01 03/06/07 Standard Aero Holdings Inc. DE 7.01 03/20/07 STANDARD PARKING CORP DE 1.01,9.01 03/16/07 STANLEY WORKS CT 1.01,9.01 03/14/07 Stanley-Martin Communities, LLC DE 2.02,9.01 03/19/07 Sterling Banks, Inc. NJ 2.01,3.03,5.02,8.01,9.01 03/16/07 STRATEGIC HOTELS & RESORTS, INC 5.02,9.01 03/15/07 STRONGHOLD TECHNOLOGIES INC NV 1.01,2.03,3.02,9.01 03/15/07 Sun American Bancorp DE 2.01,9.01 12/27/06 AMEND Susser Holdings CORP DE 2.02,9.01 03/19/07 AMEND SYNAGRO TECHNOLOGIES INC DE 3.01,9.01 03/20/07 Syngas International Corp. NV 8.01 03/19/07 Synovics Pharmaceuticals NV 8.01,9.01 03/15/07 SYNTROLEUM CORP DE 5.02 03/16/07 SYSTEMAX INC DE 2.02,9.01 03/19/07 TALBOTS INC DE 5.02 03/14/07 TALEO CORP DE 5.02,9.01 03/14/07 TASKER PRODUCTS CORP NV 5.02 03/14/07 TC PIPELINES LP DE 9.01 02/20/07 AMEND TEPPCO PARTNERS LP DE 8.01,9.01 12/31/06 TETON ENERGY CORP DE 7.01,9.01 03/19/07 THORATEC CORP CA 3.01,9.01 03/19/07 Timberjack Sporting Supplies, Inc. 3.03,5.03,9.01 03/20/07 TITANIUM METALS CORP DE 1.01,1.02,7.01,9.01 03/15/07 Tix CORP DE 1.01,2.01,3.02,7.01,9.01 03/01/07 TOLL BROTHERS INC DE 5.02,9.01 03/14/07 TOREADOR RESOURCES CORP DE 5.02 03/14/07 TOREADOR RESOURCES CORP DE 7.01,9.01 03/16/07 Tradeshow Products, Inc. NV 3.03,5.03,9.01 03/20/07 TRI-CONTINENTAL CORP MD 7.01,9.01 03/20/07 TRIAD FINANCIAL CORP CA 1.01,9.01 03/15/07 TRIAD GUARANTY INC DE 8.01,9.01 03/20/07 TRIMERIS INC DE 5.02,9.01 03/14/07 TWC Holding LLC DE 1.01,1.02,2.03,9.01 03/14/07 TWL CORP UT 1.01,2.03,3.02,9.01 03/13/07 U-Store-It Trust MD 2.02,9.01 03/19/07 U.S. Auto Parts Network, Inc. DE 1.01,2.02,9.01 03/16/07 UGS Corp. DE 2.02,9.01 03/20/07 Uni-Pixel DE 5.02,9.01 03/16/07 UNICORP INC /NEW NV 8.01,9.01 03/19/07 UNITED COMPONENTS INC DE 5.02 03/14/07 UNIVERSAL HOSPITAL SERVICES INC MN 8.01,9.01 03/19/07 UNIVERSAL HOSPITAL SERVICES INC MN 8.01,9.01 03/20/07 UROPLASTY INC MN 1.01,1.02,3.02,8.01,9.01 03/15/07 US BioEnergy CORP 5.02 03/14/07 USANA HEALTH SCIENCES INC UT 8.01,9.01 03/15/07 Volkswagen Auto Lease Trust 2004-A DE 8.01,9.01 03/20/07 Volkswagen Auto Lease Trust 2005-A 8.01,9.01 03/20/07 VOLKSWAGEN AUTO LOAN ENHANCED TRUST 2 DE 8.01,9.01 03/20/07 Volkswagen Auto Loan Enhanced Trust 2 8.01,9.01 03/20/07 Volkswagen Credit Auto Master Owner T DE 8.01,9.01 03/20/07 VONAGE HOLDINGS CORP DE 5.02 03/14/07 WALTER INDUSTRIES INC /NEW/ DE 5.02,9.01 03/13/07 AMEND WEB.COM, INC. MN 8.01,9.01 03/14/07 WELLS REAL ESTATE INVESTMENT TRUST IN MD 8.01 03/12/07 WENDYS INTERNATIONAL INC OH 7.01,9.01 03/20/07 WEST PHARMACEUTICAL SERVICES INC PA 7.01,9.01 03/14/07 WESTERN RESERVE BANCORP INC 2.02,9.01 03/20/07 WESTERN SIZZLIN CORP DE 2.02,9.01 03/16/07 WILLOW FINANCIAL BANCORP, INC. PA 8.01,9.01 03/20/07 WINCROFT INC CO 1.01,5.01,5.02,8.01,9.01 03/14/07 WIRELESS AGE COMMUNICATIONS INC NV 5.03,9.01 03/15/07 WORLD FUEL SERVICES CORP FL 5.02 03/14/07 Wornick CO DE 1.01,1.02,1.03,9.01 03/14/07 XANSER CORP DE 2.02,9.01 12/31/06 XTX ENERGY INC NV 1.01,2.01,3.02,5.01,5.02,5.06, 03/16/07 AMEND 7.01,9.01 YADKIN VALLEY FINANCIAL CORP NC 8.01,9.01 03/19/07 YTB International, Inc. NY 3.02 02/19/07 ZEROS & ONES INC NV 9.01 03/15/07 ZHONGPIN INC. DE 2.02,7.01,9.01 03/20/07 ZION OIL & GAS INC DE 1.01,8.01,9.01 03/15/07