SEC NEWS DIGEST Issue 2006-163 August 23, 2006 ENFORCEMENT PROCEEDINGS IN THE MATTER OF MICHAEL LIPKIN AND JOSHUA SHAINBERG An Administrative Law Judge has issued an Initial Decision in the matter of Michael V. Lipkin and Joshua Shainberg. The Initial Decision finds that the U.S. District Court for the Eastern District of New York permanently enjoined Respondents Michael V. Lipkin (Lipkin) and Joshua Shainberg (Shainberg) from future 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, based on their misconduct in the sale and/or direction of the sale of the stock of Alter Sales, Inc. The Initial Decision permanently bars Lipkin and Shainberg from association with any broker or dealer Pursuant to Section 15(b)(6) of the Exchange Act of 1934. (Initial Decision No. 317; File No. 3-12172) IN THE MATTER OF MARK CORJAY On August 22, the Commission issued an Order Instituting Administrative Proceedings Pursuant to Rule 102(e) of the Commission's Rules of Practice, Making Findings and Imposing Remedial Sanctions (Order) against Mark J. Corjay. The Order finds that Corjay is a certified public accountant licensed in the State of Oklahoma, and he served as Daisytek International Corporation's (Daisytek) controller from 1994 to 2003. The Order also finds that a final judgment was entered against Corjay, permanently enjoining him from direct or indirect future violations of Section 17(a) of the Securities Act, and Sections 10(b) and 13(b)(5) of the Exchange Act and Rules 10b-5, 13b2- 1, and 13b2-2 thereunder, and aiding and abetting violations of Sections 13(a), 13(b)(2)(A), and 13(b)(2)(B) of the Exchange Act and Rules 12b-20, 13a-1, 13a-11, and 13a-13 thereunder, in the civil action entitled Securities and Exchange Commission v. Mark J. Corjay, et al., civil action number 4:06-CV-311, in the U.S. District Court for the Eastern District of Texas (Sherman Division). Corjay was also ordered to pay $311,175 in disgorgement of ill-gotten gains from his sales of Daisytek stock while participating in the fraud, and $51,822 in prejudgment interest, but the Commission waived all but $100,000 of that amount and did not seek against Corjay a civil penalty based on his sworn financial statements. The Commission's complaint alleged, among other things, that throughout Daisytek's fiscal years 2001 and 2002 (i.e., from April 1, 2000, through March 31, 2002), and through Daisytek's second quarter of fiscal year 2003 (i.e., through Sept. 30, 2002), Corjay participated in a scheme through which Daisytek managed its earnings by recording non-existent and uncollectible receivables, and by improperly accelerating revenue recognition. According to the complaint, the scheme involved the improper booking as revenue of various rebates associated with inventory Daisytek ordered for the sole purpose of meeting its earnings targets. The Commission alleged that Corjay booked these receivables with knowledge that they were improper. The Commission also alleged in the complaint that, as a result of the scheme, Daisytek met unrealistic earnings projections by fraudulently inflating its net income. Based on the above, the Order suspends Corjay from practicing or appearing before the Commission as an accountant with the right to apply for reinstatement after five years. Corjay consented to the issuance of the Order without admitting or denying any of the allegations in the civil injunctive action. (Rel. 34-54345; AAE Rel. 2477; File No. 3-12394) IN THE MATTER OF EMANUELE SCARSO On August 22, the Commission issued an Order Instituting Proceedings (Order) against Emanuele A. Scarso (Scarso) based upon his criminal conviction in The People of the State of New York vs. Scarso, indictment no. 1701-2004. In the Order the Division of Enforcement (Division) alleges that Scarso was sentenced for his conduct on Jan. 19, 2006, by the Supreme Court of the State of New York. According to his Oct. 25, 2005, allocution, Scarso participated, while employed at LCP Capital Corporation and Salomon Grey Financial Corporation, broker-dealers registered with the Commission, in a scheme designed to support and cause increases in the prices of certain stocks by manipulative means. The allocution sets forth that he induced his clients to buy certain stocks and impeded them from selling the stocks without disclosing that he was engaged in market manipulation of the stocks, and that he was being paid cash bribes and other compensation to further the manipulation. The allocution goes on to explain that he induced at least 2 investors to pay $50,000 each for purchase of the manipulated stocks. The Order institutes public administrative proceedings pursuant to Section 15(b) of the Securities Exchange Act of 1934 (Exchange Act) to afford Scarso the opportunity to establish a defense to the Order's allegations and to determine what, if any, remedial action is appropriate in the public interest against Scarso. The Order further states that an Administrative Law Judge shall issue an initial decision no later than 210 days from the date of service of this Order, pursuant to Rule 360(a)(2) of the Commission's Rules of Practice. (Rel. 34-54349; File No. 3-12395) INVESTMENT COMPANY ACT RELEASES AXA EQUITABLE LIFE INSURANCE COMPANY, ET AL. An order has been issued on an application filed by AXA Equitable Life Insurance Company (AXA Equitable), AXA Life and Annuity Company (AXA Life and Annuity), Separate Account No. 45 of AXA Equitable, Separate Account No. 49 of AXA Equitable, Separate Account VA of AXA Life and Annuity (collectively, the Accounts), AXA Advisors, LLC, and AXA Distributors, LLC (collectively, Applicants) amending an existing order under Section 6(c) of the Investment Company Act, as amended (Act), granting exemptions from the provisions of Sections 2(a)(32), 22(c) and 27(i)(2)(A) of the Act and Rule 22c-1 thereunder to the extent necessary to permit Applicants to recapture certain credits applied to contributions made under certain amended deferred variable annuity contracts and certificates including certain amended certificate data pages and endorsements, that AXA Equitable will issue through the Accounts (the 2006 Amended Contracts), and under contracts and certificates, including certain certificate data pages and endorsements, that AXA Equitable may issue in the future through the Accounts, and any other separate accounts of AXA Equitable or AXA Life and Annuity that are substantially similar in all material respects to the 2006 Amended Contracts. The order also extends to Equitable Broker-Dealers, as defined in prior applications. (Rel. IC-27447 - August 18) SELF-REGULATORY ORGANIZATIONS PROPOSED RULE CHANGES The NASDAQ Stock Market filed a proposed rule change (SR-NASDAQ-2006- 021) and Amendment No. 1 thereto to modify certain of Nasdaq's corporate governance standards, including the definition of independent director. Publication is expected in the Federal Register during the week of August 21. (Rel. 34-54333) The New York Stock Exchange filed a proposed rule change (SR-NYSE- 2006-49) and Amendment No. 1 thereto to amend Rule 123D to shorten the minimum required time periods between tape indications and openings and between halts or "Equipment Changeovers" and reopenings. Publication is expected in the Federal Register during the week of August 28. (Rel. 34-54337) IMMEDIATE EFFECTIVENESS OF PROPOSED RULE CHANGES A proposed rule change (SR-NASD-2006-097) filed by the National Association of Securities Dealers to extend a pilot program that increases position and exercise limits for equity options has become effective under Section 19(b)(3)(A) of the Securities Exchange Act of 1934. Publication is expected in the Federal Register during the week of August 21. (Rel. 34-54334) A proposed rule change (SR-ISE-2006-47) filed by the International Securities Exchange relating to the extension of a pilot period to increase position limits and exercise limits for equity options and options on the Nasdaq-100 Tracking Stock has become effective under Section 19(b)(3)(A) of the Securities Exchange Act of 1934. Publication is expected in the Federal Register during the week of August 21. (Rel. 34-54335) A proposed rule change (SR-CBOE-2006-69) filed by the Chicago Board Options Exchange relating to the extension of a pilot program that increases the standard position and exercise limits for certain options traded on the CBOE has become effective under Section 19(b)(3)(A) of the Securities Exchange Act of 1934. Publication is expected in the Federal Register during the week of August 21. (Rel. 34-54336) APPROVAL OF PROPOSED RULE CHANGES The Commission approved a proposed rule change (SR-CBOE-2006-49) and Amendment No. 1 thereto submitted by the Chicago Board Options Exchange to allow listing of up to seven short-term options series per class. Publication is expected in the Federal Register during the week of August 28. (Rel. 34-54338) A proposed rule change (SR-NASD-2004-026) filed by the National Association of Securities Dealers amending the best execution rule, has been approved. Publication is expected in the Federal Register during the week of August 28. (Rel. 34-54339) 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 BENCHMARK ELECTRONICS INC, 3000 TECHNOLOGY DRIVE, ANGLETON, TX, 77515, 9798496550 - 0 ($160,818,750.00) Equity, (File 333-136798 - Aug. 22) (BR. 10A) S-4 PRIMEDEX HEALTH SYSTEMS INC, 1516 COTNER AVE, LOS ANGELES, CA, 90025, 3104787808 - 0 ($28,761,493.00) Equity, (File 333-136800 - Aug. 22) (BR. 09B) S-4 APARTMENT INVESTMENT & MANAGEMENT CO, 4582 SOUTHULSTER ST PARKWAY, DENVER, CO, 80237, 3037578101 - 0 ($224,228,260.00) Equity, (File 333-136801 - Aug. 22) (BR. 08A) S-3 MICROMET, INC., 2110 RUTHERFORD, ROAD, CARLSBAD, CA, 92008, 7604944200 - 0 ($31,926,817.00) Equity, (File 333-136802 - Aug. 22) (BR. 01A) S-1 QUADRIGA SUPERFUND, 0 ($450,000,000.00) Other, (File 333-136804 - Aug. 22) (BR. 08B) SB-2 ASIANADA, INC., 2288 WEST 40TH AVENUE, SUITE 802, VANCOUVER, A1, V6M 1W6, (604) 261-8616 - 6,080,000 ($121,600.00) Equity, (File 333-136806 - Aug. 22) (BR. 09) S-3 PNC FINANCIAL SERVICES GROUP INC, ONE PNC PLAZA, 249 FIFTH AVENUE, PITTSBURGH, PA, 15222, 412-762-2000 - 2,000,000 ($141,940,000.00) Equity, (File 333-136807 - Aug. 22) (BR. 07B) S-8 PNC FINANCIAL SERVICES GROUP INC, ONE PNC PLAZA, 249 FIFTH AVENUE, PITTSBURGH, PA, 15222, 412-762-2000 - 35,000,000 ($35,000,000.00) Other, (File 333-136808 - Aug. 22) (BR. 07B) S-8 SUPERIOR ENERGY SERVICES INC, 1105 PETERS ROAD, HARVEY, LA, 70058, 5043624321 - 100,000 ($3,213,000.00) Equity, (File 333-136809 - Aug. 22) (BR. 04C) F-3 EDAP TMS SA, PARC D'ACTIVITES LA POUDRETTE LAMARTINE, 4 RUE DU DAUPHINE, 69120 VAULX EN VELIN, I0, 0 ($7,308,737.60) Equity, (File 333-136811 - Aug. 22) (BR. 10B) S-8 HYPERTENSION DIAGNOSTICS INC /MN, 2915 WATERS ROAD SUITE 108, EAGAN, MN, 55121-1562, 6126879999 - 10,000,000 ($1,450,000.00) Equity, (File 333-136812 - Aug. 22) (BR. 10B) S-8 SECURITY FEDERAL CORP, 238 RICHLAND AVENUE WEST, AIKEN, SC, 29801, 8036413000 - 50,000 ($1,150,000.00) Equity, (File 333-136813 - Aug. 22) (BR. 07B) S-8 GILEAD SCIENCES INC, 333 LAKESIDE DR, FOSTER CITY, CA, 94404, 6505743000 - 333,551 ($6,768,850.51) Equity, (File 333-136814 - Aug. 22) (BR. 01B) S-3ASR DTE ENERGY CO, 2000 2ND AVENUE, 2343 WCB, DETROIT, MI, 48226, 3132354000 - 0 ($0.00) Debt, 0 ($0.00) Equity, (File 333-136815 - Aug. 22) (BR. 02A) S-8 SPECTRALINK CORP, 5755 CENTRAL AVENUE, SUITE 202E, BOULDER, CO, 80301, 3034405330 - 2,000,000 ($15,860,000.00) Equity, (File 333-136816 - Aug. 22) (BR. 11C) S-8 LOGILITY INC, 470 EAST PACES FERRY ROAD NE, ATLANTA, GA, 30305, 4042619777 - 1,150,217 ($8,776,155.71) Equity, (File 333-136817 - Aug. 22) (BR. 03A) S-8 FIRST ALBANY COMPANIES INC, 677 BROADWAY, ALBANY, NY, 12207-2990, 518-447-8673 - 500,000 ($1,795,000.00) Equity, (File 333-136818 - Aug. 22) (BR. 07A) S-3ASR QUANTA SERVICES INC, 1360 POST OAK BLVD, SUITE 2100, HOUSTON, TX, 77056, 7133506000 - 0 ($143,750,000.00) Debt Convertible into Equity, (File 333-136819 - Aug. 22) (BR. 06B) S-3ASR MARSH & MCLENNAN COMPANIES, INC., 1166 AVENUE OF THE AMERICAS, NEW YORK, NY, 10036, 2123455000 - 0 ($0.00) Unallocated (Universal) Shelf, (File 333-136820 - Aug. 22) (BR. 01B) S-8 SYNTEL INC, 525 EAST BIG BEAVER ROAD, SUITE 300, TROY, MI, 48083, 2486193524 - 0 ($172,560,000.00) Equity, (File 333-136821 - Aug. 22) (BR. 03A) S-3 EMPIRE FINANCIAL HOLDING CO, 2170 WEST STATE ROAD 434, SUITE 100, LONGWOOD, FL, 32779, 407-774-1300 - 7,264,137 ($23,088,453.14) Equity, (File 333-136822 - Aug. 22) (BR. 07A) SB-2 TIDELANDS BANCSHARES INC, 875 LOWCOUNTRY BLVD., MT. PLEASANT, SC, 29464, 0 ($23,000,000.00) Equity, (File 333-136823 - Aug. 22) (BR. 07B) S-1 PATRIOT NATIONAL BANCORP INC, 900 BEDFORD ST, STAMFORD, CT, 06901, 2033247500 - 0 ($36,052,500.00) Equity, (File 333-136824 - Aug. 22) (BR. 07C) F-1 New Oriental Education & Technology Group Inc., NO. 6 HAI DIAN ZHONG STREET, 9TH FLOOR, BEIJING, F4, 100080, (86-10) 6260-5566 - 0 ($112,125,000.00) ADRs/ADSs, (File 333-136825 - Aug. 22) (BR. ) S-3 Turquoise Card Backed Securities plc, WILMINGTON TRUST SP SERVICES(LONDON) LTD, TOWER 42 (LEVEL 11) 25 OLD BROAD STREET, LONDON, X0, EC2N 1HQ, 44 20 4614 111 - 0 ($1,000,000.00) Non-Convertible Debt, (File 333-136826 - Aug. 22) (BR. ) SB-2 TRIPLE BAY INDUSTRIES, 1630 INTEGRITY DRIV EAST, COLUMBUS, OH, 43209, 614 449 8614 - 262,600 ($26,260.00) Equity, (File 333-136827 - Aug. 22) (BR. ) 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 ------------------------------------------------------------------------------------------------------- ADVANCED CELL TECHNOLOGY, INC. DE 8.01,9.01 08/22/06 ADZONE RESEARCH INC DE 5.02,9.01 08/21/06 AEROFLEX INC DE 1.01,9.01 08/16/06 AEROTELESIS INC DE 5.02,9.01 08/17/06 AETHER HOLDINGS INC DE 1.01,1.02,8.01,9.01 08/21/06 AIMCO PROPERTIES LP DE 8.01,9.01 08/21/06 AIRNET COMMUNICATIONS CORP DE 8.01 08/17/06 ALICO INC FL 8.01 08/18/06 ALLEGHENY ENERGY, INC MD 1.01,2.03,9.01 08/16/06 ALTERNATIVE ENERGY SOURCES INC 5.02,9.01 08/22/06 AMBAC FINANCIAL GROUP INC DE 3.01 08/16/06 AMDL INC DE 5.02,9.01 08/21/06 AMERICA SERVICE GROUP INC /DE DE 1.02,9.01 08/21/06 AMERICAN CAMPUS COMMUNITIES INC MD 1.01,2.03,9.01 08/17/06 American Express Issuance Trust DE 1.01,9.01 08/16/06 AMERICAN EXPRESS RECEIVABLES FINANCIN DE 1.01,9.01 08/16/06 AMERICAN LAND LEASE INC DE 1.01,9.01 08/17/06 AMERICAN PHYSICIANS CAPITAL INC MI 8.01,9.01 08/22/06 AMERICAN POWER CONVERSION CORPORATION MA 1.01,5.02,9.01 08/15/06 AMEND AMERICAN TECHNOLOGY CORP /DE/ DE 1.01,1.02,5.02,7.01,8.01,9.01 08/17/06 AMERICAN TONERSERV CORP. DE 5.03,9.01 08/21/06 AMERIVEST PROPERTIES INC MD 1.01,2.01,9.01 08/17/06 APARTMENT INVESTMENT & MANAGEMENT CO MD 8.01,9.01 08/21/06 APPLEBEES INTERNATIONAL INC DE 7.01,9.01 08/22/06 APPLIED MEDICAL DEVICES INC CO 1.01,5.01,5.02,9.01 08/18/06 APTIMUS INC WA 2.01,3.02,9.01 08/22/06 ARTHROCARE CORP DE 8.01 08/16/06 ARVINMERITOR INC IN 8.01 08/17/06 ASCENDIA BRANDS, INC. DE 1.01,5.02,7.01,9.01 08/16/06 ASSURED GUARANTY LTD 1.01 08/21/06 ASTORIA FINANCIAL CORP DE 8.01,9.01 08/22/06 ASTRALIS LTD CO 2.02,9.01 08/21/06 AUDIOVOX CORP DE 8.01 08/22/06 AURIGA LABORATORIES, INC. DE 1.01,3.02,9.01 08/22/06 AXESSTEL INC NV 1.01 08/16/06 BALDWIN TECHNOLOGY CO INC DE 1.01,5.02,9.01 08/17/06 BANK OF GRANITE CORP DE 8.01,9.01 08/21/06 BEAZER HOMES USA INC DE 2.02,9.01 08/22/06 BEHRINGER HARVARD SHORT TERM OPPORTUN TX 7.01,9.01 08/22/06 BERRY PETROLEUM CO DE 7.01,9.01 08/22/06 BIOANALYTICAL SYSTEMS INC IN 4.02,9.01 08/14/06 AMEND BLUE RIDGE PAPER PRODUCTS INC 1.01,9.01 08/21/06 BLUEGREEN CORP MA 7.01 08/21/06 BMC SOFTWARE INC DE 5.02 08/21/06 BOEING CO DE 2.05,9.01 08/16/06 BofI Holding, Inc. DE 7.01 08/22/06 BOLT TECHNOLOGY CORP CT 1.01,2.02,9.01 08/22/06 BORDERS GROUP INC MI 2.02,9.01 08/22/06 BOULDER CREEK EXPLORATIONS, INC. NV 5.02 08/22/06 BRAVO FOODS INTERNATIONAL CORP DE 7.01,9.01 08/21/06 BRIDGE STREET FINANCIAL INC NY 8.01,9.01 08/21/06 BROADCAST INTERNATIONAL INC UT 1.01,3.02,5.02,9.01 08/15/06 CADENCE FINANCIAL CORP MS 2.01,5.02,7.01,9.01 08/17/06 CAGLES INC GA 2.01,9.01 08/22/06 AMEND CALLON PETROLEUM CO DE 7.01,9.01 08/21/06 CAPITAL ONE FINANCIAL CORP DE 8.01,9.01 08/21/06 CAPITAL ONE FINANCIAL CORP DE 8.01,9.01 08/22/06 CARDINAL BANKSHARES CORP VA 2.02,9.01 08/21/06 CASTELLE \CA\ DE 8.01,9.01 08/21/06 CELEBRATE EXPRESS, INC. 1.01,5.02,8.01,9.01 08/17/06 CENTRAL EUROPEAN DISTRIBUTION CORP DE 8.01 08/07/06 CERADYNE INC DE 3.01,9.01 08/17/06 CHAMPPS ENTERTAINMENT INC DE 1.01,5.02,9.01 08/16/06 CHARLES RIVER LABORATORIES INTERNATIO 2.01,9.01 08/16/06 Chase Mortgage Finance Trust Series 2 DE 8.01,9.01 08/22/06 CHINA AGRO SCIENCES CORP. FL 8.01 08/21/06 China Unistone Acquisition CORP DE 1.01 12/20/05 AMEND CIT GROUP INC DE 8.01,9.01 08/21/06 CITIZENS BANKING CORP MI 1.01 08/16/06 CLAIRES STORES INC DE 1.01,9.01 08/21/06 COLONIAL BANCGROUP INC DE 1.01,9.01 08/22/06 COLUMBIA BANCORP \OR\ OR 5.02,9.01 08/22/06 COMMUNITY CAPITAL BANCSHARES INC 5.02 08/22/06 COMPUTER SOFTWARE INNOVATIONS INC DE 7.01 08/21/06 COMSTOCK RESOURCES INC NV 1.01,9.01 08/21/06 CREDIT ACCEPTANCE CORPORATION MI 5.02 08/22/06 CRESCENT REAL ESTATE EQUITIES CO TX 7.01 08/22/06 CROWN CRAFTS INC DE 1.01,9.01 08/17/06 CUBIST PHARMACEUTICALS INC DE 8.01,9.01 08/16/06 CYANOTECH CORP NV 3.01 08/21/06 DEVELOPERS DIVERSIFIED REALTY CORP OH 1.01 12/15/05 DEVELOPERS DIVERSIFIED REALTY CORP OH 8.01,9.01 08/22/06 DIAMOND OFFSHORE DRILLING INC DE 7.01,9.01 08/21/06 DIASENSE INC/PA PA 2.04 08/22/06 DIASENSE INC/PA PA 5.02 08/10/06 AMEND DIGITAL ANGEL CORP DE 8.01,9.01 08/22/06 Directed Electronics, Inc. FL 1.01,9.01 08/21/06 DITECH NETWORKS INC DE 1.01,9.01 08/18/06 DIVERSIFAX INC DE 3.02 07/20/06 AMEND DIVERSIFAX INC DE 2.01 08/10/06 AMEND Dividend Capital Total Realty Trust I MD 5.02,9.01 08/22/06 DOT HILL SYSTEMS CORP NY 3.01,8.01,9.01 08/17/06 DOWNEY FINANCIAL CORP DE 1.01 08/09/06 DYNASIL CORP OF AMERICA NJ 1.01,9.01 08/21/06 EAGLE FAMILY FOODS HOLDINGS INC DE 1.01,9.01 08/18/06 ECOM ECOM COM INC FL 8.01 08/22/06 EGL INC TX 5.02 08/18/06 ELECTRIC CITY CORP DE 2.01,9.01 06/30/06 AMEND ELECTRO SCIENTIFIC INDUSTRIES INC OR 1.01,9.01 08/16/06 ELINEAR INC DE 2.04,5.02,8.01 08/17/06 EMAK Worldwide, Inc. DE 2.02,4.02,9.01 08/22/06 ENDEAVOUR INTERNATIONAL CORP NV 8.01,9.01 08/22/06 ENERGY PARTNERS LTD DE 5.02,9.01 08/22/06 ENOVA SYSTEMS INC CA 5.05 08/17/06 ENTERTAINMENT CAPITAL CORP NV 5.02 08/15/06 EQUITY ONE, INC. 1.01,2.03,9.01 08/18/06 EVERGREEN HOLDINGS INC OR 8.01,9.01 08/21/06 EVOLVE ONE INC DE 4.01,9.01 08/21/06 EXPEDITORS INTERNATIONAL OF WASHINGTO WA 7.01 08/22/06 Federal Home Loan Bank of Atlanta X1 2.03 08/16/06 Federal Home Loan Bank of Boston X1 2.03 08/16/06 Federal Home Loan Bank of Chicago X1 2.03 08/17/06 Federal Home Loan Bank of Cincinnati X1 2.03,9.01 08/17/06 Federal Home Loan Bank of Dallas 2.03 08/16/06 Federal Home Loan Bank of Des Moines X1 2.03,9.01 08/16/06 Federal Home Loan Bank of Indianapoli X1 2.03,9.01 08/16/06 Federal Home Loan Bank of New York X1 2.03,9.01 08/16/06 Federal Home Loan Bank of Pittsburgh PA 2.03,9.01 08/16/06 Federal Home Loan Bank of San Francis X1 2.03 08/17/06 Federal Home Loan Bank of Seattle 2.03 08/22/06 Federal Home Loan Bank of Topeka 2.03 08/16/06 FEI CO OR 1.01,5.03,9.01 08/16/06 FIRST COMMONWEALTH FINANCIAL CORP /PA PA 7.01,9.01 08/21/06 FIRST DATA CORP DE 4.02 08/22/06 FIRST INDUSTRIAL LP DE 1.01,9.01 08/21/06 FIRST INDUSTRIAL REALTY TRUST INC MD 1.01,2.03,9.01 08/21/06 FIRST REGIONAL BANCORP CA 8.01 08/21/06 FIRST SOUTH BANCORP INC /VA/ VA 3.01,9.01 08/08/06 FISCHER IMAGING CORP DE 9.01 08/22/06 FLYI INC DE 7.01 08/21/06 FOLDERA, INC 3.02,9.01 08/16/06 FOOTHILLS RESOURCES INC 1.01 08/16/06 FORD MOTOR CO DE 8.01,9.01 08/22/06 FORD MOTOR CREDIT CO DE 8.01,9.01 08/22/06 FORMFACTOR INC DE 1.01 08/16/06 Franklin Auto Trust 2005-1 DE 8.01,9.01 08/21/06 FRANKLIN BANK CORP 7.01,9.01 08/22/06 FRIEDMAN BILLINGS RAMSEY GROUP INC VA 1.01 08/16/06 FUTURES STRATEGIC TRUST DE 8.01,9.01 08/18/06 G REIT INC MD 1.01,9.01 08/17/06 GENE LOGIC INC DE 1.02 08/16/06 GENSYM CORP DE 1.01,1.02,9.01 08/16/06 GEOKINETICS INC DE 2.02,9.01 08/16/06 GIGABEAM CORP DE 1.01,3.02,5.03,9.01 08/21/06 AMEND GLAS-AIRE INDUSTRIES GROUP LTD NV 1.01,4.01 08/08/06 GRANITE CITY FOOD & BREWERY LTD MN 1.01,2.03,9.01 08/16/06 GRANT PARK FUTURES FUND LIMITED PARTN IL 7.01 08/18/06 GREAT PEE DEE BANCORP INC DE 2.02,9.01 08/18/06 GREATER ATLANTIC FINANCIAL CORP DE 3.01,9.01 08/17/06 GREEN MOUNTAIN POWER CORP VT 8.01,9.01 08/22/06 GSI COMMERCE INC DE 7.01,9.01 08/21/06 HAMPTON ROADS BANKSHARES INC VA 1.01 08/08/06 Harley-Davidson Motorcycle Trust 2006 NV 8.01,9.01 08/17/06 HARMAN INTERNATIONAL INDUSTRIES INC / DE 1.02,5.02 06/30/06 HARRIS INTERACTIVE INC DE 2.02,9.01 08/22/06 HOME FEDERAL BANCORP INC 1.01,5.02,9.01 08/21/06 Honda Auto Receivables 2006-2 Owner T CA 8.01,9.01 08/22/06 HUMAN PHEROMONE SCIENCES INC CA 1.01,9.01 08/18/06 HUNT J B TRANSPORT SERVICES INC AR 5.02 08/20/06 HUSKER AG LLC NE 8.01,9.01 08/16/06 I MANY INC DE 5.02,9.01 08/16/06 IBIS TECHNOLOGY CORP MA 1.01,9.01 08/17/06 Icon Development, Inc. NV 8.01,9.01 08/22/06 IMPAC MORTGAGE HOLDINGS INC MD 1.01 08/18/06 IMPERIAL PETROLEUM INC NV 2.01,9.01 08/10/06 Index Oil & Gas Inc. NV 8.01,9.01 08/21/06 IndyMac INDX Mortgage Loan Trust 2006 8.01,9.01 08/22/06 IndyMac INDX Mortgage Loan Trust 2006 8.01,9.01 08/22/06 INFOSONICS CORP 7.01,9.01 08/22/06 INSTEEL INDUSTRIES INC NC 8.01,9.01 08/22/06 INTEGRATED SILICON SOLUTION INC DE 3.01 08/17/06 INTERNATIONAL LEASE FINANCE CORP CA 9.01 08/22/06 INTERVEST BANCSHARES CORP DE 1.01,5.02,7.01 08/17/06 INTERVEST MORTGAGE CORP NY 1.01,5.02,7.01 08/17/06 INTUIT INC DE 2.02,9.01 08/22/06 INYX INC NV 2.02,9.01 08/21/06 IRIDEX CORP DE 8.01 08/21/06 ISA INTERNATIONALE INC DE 3.02 06/30/06 AMEND IWT TESORO CORP NV 8.01 08/21/06 J P MORGAN CHASE & CO DE 9.01 08/18/06 JANEL WORLD TRADE LTD NV 7.01,9.01 08/17/06 JDS UNIPHASE CORP /CA/ DE 5.02,5.03,9.01 08/17/06 JL HALSEY CORP 1.01,2.01,2.03,8.01,9.01 08/16/06 KEY ENERGY SERVICES INC MD 2.02,7.01,9.01 08/21/06 KEY TRONIC CORP WA 2.02,9.01 08/22/06 KFX INC DE 7.01,9.01 08/16/06 KNOT INC DE 3.02 08/16/06 LANTRONIX INC DE 5.02 08/22/06 LAUREATE EDUCATION, INC. MD 1.01,2.03,9.01 08/16/06 LEAR CORP DE 8.01,9.01 08/22/06 LEGG MASON INC MD 1.01 08/16/06 LPATH, INC NV 1.01,9.01 08/16/06 LSB INDUSTRIES INC DE 9.01 08/22/06 LUFKIN INDUSTRIES INC TX 1.01,5.02,9.01 08/21/06 MACE SECURITY INTERNATIONAL INC DE 1.01,9.01 08/21/06 Macquarie Infrastructure CO Trust DE 2.01,9.01 08/17/06 MAD CATZ INTERACTIVE INC 5.02,9.01 08/21/06 MADISON GAS & ELECTRIC CO WI 1.01 08/18/06 MAGNA ENTERTAINMENT CORP DE 5.02,9.01 08/21/06 MAINSOURCE FINANCIAL GROUP IN 7.01,9.01 08/22/06 MARINE PETROLEUM TRUST TX 8.01,9.01 08/21/06 MARRIOTT INTERNATIONAL INC /MD/ DE 5.03,9.01 08/16/06 MAVERICK TUBE CORP DE 8.01 08/22/06 MDU RESOURCES GROUP INC DE 1.01,5.02,8.01 08/17/06 Mediavest, Inc. NJ 5.03,9.01 08/17/06 MEDTRONIC INC MN 2.02,9.01 08/22/06 METROMEDIA INTERNATIONAL GROUP INC DE 8.01 08/18/06 MEXICAN RESTAURANTS INC TX 7.01,9.01 08/18/06 MGE ENERGY INC WI 1.01 08/18/06 MICROTUNE INC DE 1.01,5.02,9.01 08/21/06 MILACRON INC DE 5.02,9.01 08/17/06 MILLS CORP DE 1.01 08/21/06 MISCOR GROUP, LTD. 2.02,9.01 08/22/06 MIVA, INC. DE 1.01,8.01,9.01 08/16/06 MOD PAC CORP NY 8.01 08/22/06 MOMENTA PHARMACEUTICALS INC DE 1.01,5.02 08/22/06 MONEYGRAM INTERNATIONAL INC 1.01,5.02,8.01 08/17/06 MONUMENTAL MARKETING INC WY 1.01,3.02,9.01 07/30/06 MSC INDUSTRIAL DIRECT CO INC NY 2.01,9.01 06/08/06 AMEND MULTI COLOR CORP OH 1.01,5.02,5.04,9.01 08/17/06 MULTI FINELINE ELECTRONIX INC 8.01,9.01 08/22/06 MUTUALFIRST FINANCIAL INC MD 8.01,9.01 08/18/06 MYRIAD GENETICS INC DE 2.02,8.01,9.01 08/22/06 NASHUA CORP MA 1.01,5.02,9.01 08/17/06 NATIONAL FINANCIAL PARTNERS CORP 1.01,1.02,2.03,9.01 08/22/06 NATIONAL HEALTHCARE TECHNOLOGY INC CO 4.02 05/22/06 AMEND NATIONAL HOME HEALTH CARE CORP DE 1.01 08/16/06 NATIONAL RETAIL PROPERTIES, INC. MD 1.01,9.01 08/17/06 NCT GROUP INC DE 1.01,2.03,3.02 08/16/06 NEPHROS INC DE 4.02,9.01 08/21/06 NETWORK CN INC DE 8.01,9.01 08/21/06 NEWPARK RESOURCES INC DE 1.01,2.03,2.04,9.01 08/18/06 NEXITY FINANCIAL CORP DE 2.02,7.01,9.01 08/22/06 NGP Capital Resources CO MD 7.01,9.01 08/22/06 NITROMED INC DE 1.01,9.01 08/16/06 NORD RESOURCES CORP DE 5.02,7.01,9.01 08/21/06 NORTH AMERICAN GALVANIZING & COATINGS DE 7.01 08/21/06 NOVADEL PHARMA INC DE 1.01 08/22/06 NTELOS HOLDINGS CORP 8.01 08/22/06 OPNET TECHNOLOGIES INC DE 1.01,9.01 12/30/05 OPTA CORP DE 1.01,3.03,5.03,8.01 08/22/06 ORALABS HOLDING CORP CO 8.01,9.01 08/21/06 Organetix NJ 5.01 08/22/06 ORTEC INTERNATIONAL INC DE 8.01 08/21/06 OSK CAPITAL II CORP NV 8.01,9.01 08/21/06 PAB BANKSHARES INC GA 8.01 08/22/06 PACIFIC GAS & ELECTRIC CO CA 7.01,8.01,9.01 08/21/06 PACIFIC GAS & ELECTRIC CO CA 7.01,9.01 08/21/06 AMEND PARKER HANNIFIN CORP OH 1.01,9.01 08/16/06 PAULA FINANCIAL DE 2.02,9.01 08/21/06 PCS EDVENTURES COM INC 5.03,9.01 08/22/06 PEGASUS WIRELESS CORP NV 1.01,5.02 08/15/06 PENN OCTANE CORP DE 2.01,9.01 08/22/06 PENNICHUCK CORP NH 1.01,5.02,9.01 08/16/06 PERMIAN BASIN ROYALTY TRUST TX 2.02,9.01 08/21/06 PERMIAN BASIN ROYALTY TRUST TX 1.01,9.01 08/17/06 PERRIGO CO MI 1.01,9.01 08/16/06 PERRY ELLIS INTERNATIONAL INC FL 2.02,9.01 08/22/06 PetroHunter Energy Corp NV 7.01,9.01 08/21/06 PetroHunter Energy Corp NV 4.01 08/21/06 AMEND PG&E CORP CA 7.01,8.01,9.01 08/21/06 PG&E CORP CA 7.01,9.01 08/21/06 AMEND PIERRE FOODS INC NC 1.01,2.01,9.01 08/21/06 PINNACLE DATA SYSTEMS INC OH 5.02,9.01 08/16/06 AMEND PLATINUM ENERGY RESOURCES INC DE 1.01,9.01 08/17/06 PLAYBOY ENTERPRISES INC DE 1.01 08/21/06 PLAYLOGIC ENTERTAINMENT INC DE 4.01,9.01 08/22/06 PLX TECHNOLOGY INC DE 5.02,9.01 08/21/06 POSSIS MEDICAL INC MN 1.01 08/15/06 PRB Energy, Inc. NV 5.02,9.01 08/16/06 PROGENICS PHARMACEUTICALS INC DE 7.01,9.01 08/22/06 PROLIANCE INTERNATIONAL, INC. DE 2.05 08/21/06 PSB Holdings, Inc. 5.02,9.01 08/16/06 QUAKER CHEMICAL CORP PA 1.01,9.01 08/21/06 RADVIEW SOFTWARE LTD 1.01,2.03,3.02,5.01,9.01 08/18/06 Residential Asset Securitization Trus 8.01,9.01 08/22/06 RETAIL VENTURES INC OH 1.01,9.01 08/16/06 RFMSI Series 2006- SA2 Trust DE 8.01,9.01 08/22/06 RIO VISTA ENERGY PARTNERS LP DE 2.01,9.01 08/22/06 Rockville Financial Inc. 5.02 08/22/06 Royal Spring Water Inc NV 4.01,9.01 08/21/06 RPM INTERNATIONAL INC/DE/ DE 1.01,9.01 08/16/06 RUBIOS RESTAURANTS INC DE 1.01,5.02,9.01 08/21/06 SAN JUAN BASIN ROYALTY TRUST TX 2.02,9.01 08/21/06 SANDERSON FARMS INC MS 1.01 08/17/06 SANMINA-SCI CORP DE 8.01,9.01 08/21/06 SECURITY BANK CORP GA 8.01,9.01 08/21/06 Security Capital Assurance Ltd D0 8.01,9.01 08/22/06 SEMCO ENERGY INC MI 1.01 08/16/06 Shire plc 8.01,9.01 08/22/06 SMART ONLINE INC 3.02 08/17/06 Smart-tek Solutions Inc NV 5.02,8.01,9.01 06/20/06 SONEX RESEARCH INC MD 8.01 08/22/06 Sound Revolution Inc. DE 1.01,7.01,8.01,9.01 08/22/06 SOUTHWESTERN ENERGY CO AR 1.01 08/17/06 SPARTAN STORES INC MI 1.01,8.01 08/16/06 SPECTRX INC DE 8.01,9.01 08/21/06 SPESCOM SOFTWARE INC CA 5.02 08/22/06 Spheris Inc. DE 1.01,5.02,9.01 08/17/06 SPRINT NEXTEL CORP KS 5.02,9.01 08/21/06 STEIN MART INC FL 2.02,9.01 08/17/06 STEINER LEISURE LTD C5 1.01 08/21/06 STERLING FINANCIAL CORP /PA/ PA 5.02,7.01,9.01 08/22/06 STREEAMLINE HEALTH SOLUTIONS INC. DE 2.02,9.01 08/21/06 STUDIO ONE MEDIA, INC. DE 5.02 08/21/06 Synovics Pharmaceuticals NV 8.01 08/14/06 SYNTAX-BRILLIAN CORP DE 2.02,9.01 08/22/06 TARGET RECEIVABLES CORP MN 8.01,9.01 08/22/06 TARGET RECEIVABLES CORP MN 8.01,9.01 08/22/06 Tarpon Industries, Inc. MI 2.02,3.02,4.02,8.01,9.01 08/16/06 TECHNICAL OLYMPIC USA INC DE 8.01,9.01 08/22/06 TELEMETRIX INC DE 8.01 08/10/06 THERAVANCE INC DE 7.01,9.01 08/22/06 Thomas Equipment, Inc. DE 1.03,7.01,9.01 08/17/06 THORATEC CORP CA 1.01 08/16/06 Timberline Resources Corp 1.01,8.01,9.01 08/16/06 TIVO INC DE 8.01 08/17/06 TOLL BROTHERS INC DE 2.02,7.01,9.01 08/22/06 TRANSMONTAIGNE INC DE 8.01,9.01 08/21/06 TRI-CONTINENTAL CORP MD 7.01,9.01 08/22/06 TWC Holding LLC DE 7.01 08/22/06 TWEEN BRANDS, INC. DE 8.01,9.01 08/17/06 UNITED MEDICORP INC DE 2.02,9.01 08/21/06 UNIVERSAL ELECTRONICS INC DE 1.01,5.02,9.01 08/17/06 USAA Auto Owner Trust 2006-3 9.01 08/22/06 VALLEY NATIONAL BANCORP NJ 1.01,9.01 08/15/06 AMEND VERINT SYSTEMS INC 3.01,9.01 08/18/06 VISTAPRINT LTD D0 5.02,9.01 08/21/06 Vocus, Inc. DE 8.01 08/21/06 VOLT INFORMATION SCIENCES, INC. NY 5.02,9.01 08/16/06 WACHOVIA CORP NEW NC 8.01,9.01 08/22/06 Watson Wyatt Worldwide, Inc. DE 5.02 08/16/06 Wentworth Energy, Inc. OK 1.01,5.02,9.01 08/21/06 WHERIFY WIRELESS INC DE 5.02 08/19/06 WORLD AIR HOLDINGS, INC. 1.01,9.01 08/16/06 Wornick CO DE 7.01 08/22/06 XL Generation International Inc. NV 1.01,5.02,8.01,9.01 08/16/06