SEC NEWS DIGEST Issue 2005-176 September 13, 2005 ENFORCEMENT PROCEEDINGS SEC INSTITUTES PROCEEDINGS AGAINST APOLLO PUBLICATION CORPORATION TO DETERMINE WHETHER IT FILED A FALSE REGISTRATION STATEMENT On September 12, the Commission issued an Order Fixing Time and Place of Public Hearing and Instituting Proceedings pursuant to Section 8(d) of the Securities Act of 1933 against Apollo Publication Corporation. The Division of Enforcement alleges, as set forth in the Statement of Matters of the Division of Enforcement (Statement) incorporated by reference in the Order, that the registration statement makes certain materially false and misleading statements and omits to state certain materials facts as required by Commission forms and regulations governing the offer and sale of securities to the public. For example, the Statement alleges that the registration statement is materially false and misleading because, among other things: (1) it states that numerous United States and world political figures are currently serving as directors and officers of Apollo, or are otherwise associated with the Company; and (2) it falsely lists the “Canadian Imperial Bank of Commerce” (CIBC) and certain CIBC affiliates as “joint book-running managers” for Apollo’s offering. The Statement also alleges that the registration statement omits to state materials facts, such as: (1) Apollo’s current and historical financial information; and (2) audited financial statements. Finally, the Statement alleges that the registration statement does not contain the signatures of Apollo’s principal executive, financial and accounting officers, any board member, or any authorized representative in the United States. A hearing will be scheduled before an administrative law judge to determine whether the allegations contained in the Order are true, to provide the Respondent an opportunity to dispute these allegations, and to determine what, if any, remedial sanctions are appropriate and in the public interest. The Order requires the Administrative Law Judge to 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. 33-8610; File No. 3-12035) IN THE MATTER OF NCO GROUP INC. On September 13, the Commission filed a settled cease-and-desist order against NCO Group, Inc., finding that NCO employed two accounting practices that contravened generally accepted accounting principles (GAAP). The order made the following factual findings, which NCO neither admitted nor denied. * Utilizing what it called a “one-day-after” policy, NCO recognized revenues from collections postmarked prior to the end of the reporting period and received in the mail from consumers on the first business day of a subsequent reporting period as though they had been received and earned in the prior reporting period. NCO’s “one-day-after” policy contravened GAAP because it accounted for contingent fee revenue before the earnings process was complete. By eliminating the “one-day-after” policy altogether in its fourth quarter of 2004, NCO reported a material one-time reduction in pre-tax income. * NCO also failed to apply the appropriate accounting pronouncements that provide that contingent revenue be recognized as revenue in the period in which all underlying contingencies are resolved in its accounting for a long- term collection contract with a large customer. Instead, NCO analogized to “percentage of completion” method of accounting which was not applicable to this contract since the services provided did not involve the production or construction of tangible property, such as design, engineering, procurement and construction management. NCO’s method of accounting for the long-term contract had a material impact on NCO’s revenue, net income, and diluted earnings per share. NCO corrected the accounting for the long term collection contract in a prior restatement, which it announced on Feb. 11, 2003. The Commission found that NCO violated Sections 13(a), 13(b)(2)(A) and 13(b)(2)(b) of the Exchange Act and Rules 12b-20, 13a-1, and 13a-13 thereunder. Simultaneously, the Commission accepted NCO’s settlement offer in which it consented to the entry of the Order without admitting or denying the findings contained therein. The Commission ordered NCO to cease and desist from committing or causing any violations and any future violations of Sections 13(a), 13(b)(2)(A) and 13(b)(2)(b) of the Exchange Act and Rules 12b-20, 13a-1, and 13a-13 thereunder, and to undertake to maintain its elimination of its “one-day-after” policy. (Rels. 34-52409; AAER-2309; File No. 3-12036) SEC FILES ACCOUNTING FRAUD CHARGES AGAINST MARTIN E. KENNEY, JR., CEO OF WRC MEDIA, INC. On September 13, the Commission announced the filing of a civil action against Martin E. Kenney, Jr., the Chief Executive Officer and a former Director of WRC Media, Inc., in the United States District Court for the Southern District of New York. WRC sells educational materials for the kindergarten through high school market and had $152 million of publicly traded debt securities registered with the Commission until July 2005 when WRC repurchased its debt securities. The Commission’s complaint alleges that Kenney orchestrated WRC’s fraudulent recognition of $1.2 million in revenue from a purported fourth quarter 2002 sale of educational software to the Monroe City, Louisiana School District. At the time, WRC was millions of dollars behind its fourth quarter 2002 revenue expectations and was in danger of defaulting on its public debt covenants. The complaint alleges that to facilitate the fraud, Kenney procured an unauthorized sales contract from the superintendent of the Monroe City School District that was contingent upon approval by the entire school board. According to the complaint, the contract failed to reflect the school board contingency and omitted the standard representation by the superintendent that he was authorized to bind the school district and that all requirements necessary for authorization had been satisfied. The complaint further alleges that Kenney concealed the contingency from WRC’s internal accountants and independent auditors so they would not reject fourth quarter 2002 revenue recognition. As a result, the complaint alleges that WRC filed financial reports with the Commission, certified by Kenney, that materially misstated its fourth quarter results. After learning that the school district would not proceed with the transaction, Kenney permitted WRC to record a bad debt reserve for the purported Monroe receivable in the first quarter of 2003, when it should have restated fourth quarter 2002 results. In March 2004, WRC restated its fiscal 2002 results to correct for the improper accounting related to the Monroe transaction. Due to Kenney’s actions, the complaint alleges that WRC Media filed materially false and misleading periodic and current reports with the Commission. As a result, the complaint alleges that Kenney violated or aided and abetted violations of Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder. The Commission is seeking a permanent injunction, civil penalty and an officer and director bar. [SEC v. Martin E. Kenney, Jr., 05-CV-7944 S.D.N.Y. Sept. 13 2005] (LR- 19373) HOLDING COMPANY ACT RELEASES PNM RESOURCES, INC., ET AL. An order has been issued authorizing PNM Resources, Inc. (PNM), a registered holding company; TNP Enterprises, Inc. (TNP), a registered wholly-owned holding company subsidiary of PNM; and Texas New Mexico Power Company (TNMP), a public utility company, to engage in the following transactions: for TNMP to redeem stock held by TNP, for nonutility subsidiaries of PNM and TNP to pay dividends from unearned surplus or capital, for TNP to pay dividends to PNM, and for TNMP to issue securities covering borrowings made from a credit facility maintained by PNM. (Rel. 35-28027) INTERMARKET OPTION LINKAGE PLAN PROPOSED RULE CHANGE The American Stock Exchange, Boston Stock Exchange, Chicago Board Options Exchange, International Securities Exchange, Pacific Exchange and Philadelphia Stock Exchange submitted a proposed amendment to the Plan for the Purpose of Creating and Operating an Intermarket Option Linkage relating to the definition of Firm Customer Quote Size and restrictions on sending certain Principal Acting as Agent Orders pursuant to Section 11A(a)(3) of the Securities Exchange Act of 1934. Publication of the proposal is expected in the Federal Register during the week of September 12. (Rel. 34-52401) 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 450 Fifth Street, N.W., Washington, D.C. 20549 or at the following e-mail box address: . In most cases, this information is also available on the Commission's website: . S-1 SOUTHCOAST FINANCIAL CORP, POST OFFICE BOX 1561, MT PLEASANT, SC, 29465, 8438840504 - 0 ($31,850,000.00) Equity, (File 333-128247 - Sep. 12) (BR. 07C) S-8 US GLOBAL NANOSPACE INC, 2533 NORTH CARSON STREET, STE 5107, CARSON CITY, NV, 89706, 775-841-3246 - 0 ($3,600,000.00) Equity, (File 333-128249 - Sep. 12) (BR. 02B) S-1 KI Holdings Inc., 436 SEVENTH AVENUE, PITTSBURGH, PA, 15219, 412-227-2001 - 0 ($125,000,000.00) Equity, (File 333-128250 - Sep. 12) (BR. 06B) S-8 3M CO, 3M CENTER, BLDG. 220-11W-02, ST PAUL, MN, 55144-1000, 6517332204 - 0 ($2,622,847,500.00) Equity, (File 333-128251 - Sep. 12) (BR. 04B) S-8 CITIZENS COMMUNITY BANCORP, 2174 EASTRIDGE CENTER, EAU CLAIRE, WI, 57011, 7158369994 - 59,618 ($760,129.50) Equity, (File 333-128252 - Sep. 12) (BR. 07) SB-2 Paracap CORP, SUITE #443 - 5525 WEST BOULEVARD, VANCOUVER, A1, V6M3W6, 604-603-5792 - 12,570,000 ($125,700.00) Equity, (File 333-128253 - Sep. 12) (BR. ) S-3 CALLISTO PHARMACEUTICALS INC, 420 LEXINGTON AVENUE, SUITE 601, NEW YORK, NY, 10170, 2126729190 - 3,662,525 ($3,735,775.00) Equity, (File 333-128254 - Sep. 12) (BR. 01A) S-8 JDA SOFTWARE GROUP INC, 14400 N 87TH ST, SCOTTSDALE, AZ, 85260, 4083083000 - 1,000,000 ($14,260,000.00) Equity, (File 333-128255 - Sep. 12) (BR. 03B) S-8 PHOENIX COMPANIES INC/DE, ONE AMERICAN ROW, PO BOX 5056, HARTFORD, CT, 061025056, 8604035000 - 5,000,000 ($62,150,000.00) Equity, (File 333-128256 - Sep. 12) (BR. 01B) S-8 MAGNA INTERNATIONAL INC, 337 MAGNA DRIVE, N/A, AURORA, ONTARIO, CAN, A6, L4G 7K1, 9057262462 - 400,000 ($29,012,000.00) Other, (File 333-128257 - Sep. 12) (BR. 05C) S-8 XA, INC., JOHN HANCOCK CENTER, 875 NORTH MICHIGAN AVENUE, SUITE 2626, CHICAGO, IL, 60611, 312-397-9100 - 115,000 ($51,750.00) Equity, (File 333-128258 - Sep. 12) (BR. 08A) S-8 INGERSOLL RAND CO LTD, 155 CHESTNUT RIDGE ROAD, MONTVALE, NJ, 07645, 2015730123 - 400,000 ($16,296,000.00) Equity, (File 333-128260 - Sep. 12) (BR. 10B) S-11 U-Store-It Trust, 6745 ENGLE ROAD, SUITE 300, CLEVELAND, OH, 44130, (440) 234-0700 - 0 ($369,840,000.00) Equity, (File 333-128261 - Sep. 12) (BR. 08C) SB-2 SOMERSET INTERNATIONAL GROUP,INC., 90 WASHINGTON VALLEY ROAD, -, BEDMINSTER, NJ, 07921, 9087198909 - 13,406,734 ($2,681,346.80) Equity, (File 333-128262 - Sep. 12) (BR. 10C) S-8 AMERICAN TECHNOLOGY CORP /DE/, 13114 EVENING CREEK DRIVE SOUTH, SAN DIEGO, CA, 92128, 6196792114 - 337,000 ($2,660,220.00) Equity, (File 333-128263 - Sep. 12) (BR. 11B) S-8 CV THERAPEUTICS INC, 3172 PORTER DR, PALO ALTO, CA, 94304, 6503848500 - 3,448,600 ($100,768,092.00) Equity, (File 333-128264 - Sep. 12) (BR. 01A) S-2 CRESCENT FINANCIAL CORP, 1005 HIGH HOUSE ROAD, CARY, NC, 27513, 9194607770 - 879,750 ($13,732,897.50) Equity, (File 333-128265 - Sep. 12) (BR. 07B) S-1 Innovene Inc., 200 EAST RANDOLPH STREET, 25TH FLOOR, CHICAGO, IL, 60601, 312.873.8700 - 0 ($1,000,000,000.00) Equity, (File 333-128266 - Sep. 12) (BR. ) S-8 ESSENTIAL INNOVATIONS TECHNOLOGY CORP, 142 W MAGNOLIA STREET SUITE 400, BELLINGHAM, WA, 98225, 360-392-3902 - 3,471,489 ($1,469,815.00) Equity, (File 333-128267 - Sep. 12) (BR. 02) S-4 TD BANKNORTH INC., TWO PORTLAND SQUARE, PO BOX 9540, PORTLAND, ME, 04112-9540, (207) 761-8500 - 0 ($981,014,404.00) Equity, (File 333-128268 - Sep. 12) (BR. 07) 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 450 Fifth Street, N.W., Washington, D.C. 20549 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 ABM INDUSTRIES INC /DE/ DE 1.01,1.02 06/14/05 AMEND ACTIVISION INC /NY DE 1.01,5.02,9.01 09/12/05 ADVANCED BATTERY TECHNOLOGIES, INC. DE 2.01 09/11/05 ADVANCED LIGHTING TECHNOLOGIES INC OH 5.02 09/07/05 ADVANTA CORP DE 8.01,9.01 09/12/05 AETHLON MEDICAL INC NV 1.01,3.02,9.01 09/09/05 ALLIANCE GAMING CORP NV 8.01,9.01 09/12/05 Allied Security Holdings LLC DE 5.02,9.01 09/12/05 ALNYLAM PHARMACEUTICALS, INC. 1.01,3.02,9.01 09/06/05 AMCOL INTERNATIONAL CORP DE 3.01 09/08/05 AMERICA ONLINE LATIN AMERICA INC DE 7.01,9.01 09/06/05 AMERICAN BANK NOTE HOLOGRAPHICS INC DE 1.01,9.01 09/06/05 AMERICAN ENTERPRISE MVA ACCOUNT IN 5.02 09/12/05 AMERICAN SOFTWARE INC GA 7.01,9.01 09/12/05 AMERICAN SOIL TECHNOLOGIES INC NV 1.01 09/09/05 AMERICREDIT AUTOMOBILE RECEIVABLES TR 8.01,9.01 09/12/05 AmeriCredit Automobile Receivables Tr DE 8.01,9.01 09/12/05 AmeriCredit Automobile Receivables Tr DE 8.01,9.01 09/12/05 AMERIQUEST MORTGAGE SECURITIES INC., DE 2.01,9.01 08/24/05 AMERISOURCEBERGEN CORP DE 8.01,9.01 09/09/05 AMERITRADE HOLDING CORP DE 3.01,5.02 09/07/05 AMERITRADE HOLDING CORP DE 8.01,9.01 09/12/05 APOLLO INVESTMENT CORP MD 7.01 09/12/05 ARCHIPELAGO HOLDINGS INC 8.01,9.01 09/12/05 ASI TECHNOLOGY CORP NV 1.01,5.02 09/09/05 ATWOOD OCEANICS INC TX 8.01,9.01 09/12/05 AVANEX CORP DE 3.01,9.01 09/07/05 AVERY DENNISON CORPORATION DE 2.03 09/09/05 AXIS CAPITAL HOLDINGS LTD 8.01,9.01 09/12/05 B&G Foods, Inc. DE 1.01,9.01 09/09/05 Banc of America Commercial Mortgage I DE 8.01,9.01 09/12/05 BANC OF AMERICA MORTGAGE SECURITIES I DE 8.01,9.01 09/09/05 BANC OF AMERICA MORTGAGE SECURITIES I DE 8.01,9.01 09/08/05 BANC OF AMERICA MORTGAGE SECURITIES I DE 8.01,9.01 09/09/05 BANK OF AMERICA CORP /DE/ DE 5.02,9.01 09/08/05 BEAR STEARNS ASSET BACKED SECURITIES DE 8.01,9.01 09/09/05 BLUE HOLDINGS, INC. NV 1.01 09/08/05 BNCCORP INC DE 1.01 09/07/05 BRADLEY PHARMACEUTICALS INC DE 1.01,9.01 09/07/05 BROOKSTONE INC DE 7.01 09/12/05 BUCKEYE TECHNOLOGIES INC DE 8.01 09/09/05 BW ACQUISITION INC/ NV NV 5.02 09/09/05 AMEND C-BASS 2004-CB8 TRUST DE 8.01,9.01 08/25/05 CALIPER LIFE SCIENCES INC DE 1.01,9.01 09/07/05 CALLIDUS SOFTWARE INC 1.01,5.02,9.01 09/12/05 CALYPSO WIRELESS INC DE 2.02,4.02,5.02,9.01 09/12/05 CAMPBELL SOUP CO NJ 2.02,9.01 09/12/05 Capital One Auto Finance Trust 2005-A DE 8.01,9.01 09/12/05 Capital One Auto Finance Trust 2005-B DE 8.01,9.01 09/12/05 CAPITAL ONE FINANCIAL CORP DE 7.01,9.01 09/09/05 CAPITAL ONE MASTER TRUST NY 8.01,9.01 09/09/05 CAPITAL ONE MULTI ASSET EXECUTION TRU DE 8.01,9.01 09/09/05 CDI CORP PA 1.01 09/06/05 CECO ENVIRONMENTAL CORP DE 1.01 09/07/05 CELLSTAR CORP DE 1.01 09/06/05 CENVEO, INC CO 1.01,8.01,9.01 09/09/05 CERNER CORP /MO/ DE 1.01,9.01 09/06/05 CHICAGO MERCANTILE EXCHANGE HOLDINGS DE 1.01 09/07/05 CHITTENDEN CORP /VT/ VT 7.01,9.01 09/12/05 CHL MORTGAGE PASS-THROUGH TRUST 2005- DE 8.01,9.01 08/30/05 CHUBB CORP NJ 1.01,9.01 09/08/05 CIGNA CORP DE 7.01 09/12/05 CITICORP MORTGAGE SECURITIES INC DE 8.01 09/12/05 CNB CORP /SC/ SC 9.01 06/14/05 AMEND CNH CAPITAL RECEIVABLES LLC DE 8.01,9.01 09/08/05 COEUR D ALENE MINES CORP ID 1.01,9.01 09/08/05 COLUMBUS MCKINNON CORP NY 8.01,9.01 09/09/05 COMMERCE BANCORP INC /NJ/ NJ 8.01 09/12/05 COMMERCEFIRST BANCORP INC MD 5.02 09/08/05 COUNTRYWIDE FINANCIAL CORP DE 2.02,9.01 09/12/05 CROWLEY MARITIME CORP DE 2.01,7.01,9.01 09/06/05 CSS INDUSTRIES INC DE 7.01 09/12/05 CWABS INC DE 8.01,9.01 09/08/05 CWABS INC DE 8.01,9.01 09/08/05 CWMBS INC DE 8.01,9.01 08/29/05 DEUTSCHE RECREATIONAL ASSET FUNDING C NV 8.01,9.01 08/31/05 DIODES INC /DEL/ DE 2.02,9.01 09/09/05 DIRECT GENERAL CORP 7.01,9.01 09/09/05 DRESSER INC DE 5.02,9.01 09/09/05 DUQUESNE LIGHT HOLDINGS INC PA 5.02 09/06/05 ECC Capital CORP 1.01,9.01 09/06/05 ECHOSTAR COMMUNICATIONS CORP NV 5.04,9.01 09/07/05 EDENTIFY, INC. NV 5.02 09/12/05 EDGETECH SERVICES INC NV 8.01 09/12/05 ELECSYS CORP KS 2.02,9.01 09/12/05 ENTEGRIS INC MN 2.02,2.05,9.01 09/12/05 ENTERPRISE BANCORP INC /MA/ MA 1.01,9.01 09/07/05 EPOCH HOLDING CORP DE 3.01 09/12/05 ETHAN ALLEN INTERIORS INC DE 7.01,9.01 09/12/05 FBR Securitization, Inc. 8.01,9.01 09/08/05 FIDELITY SOUTHERN CORP GA 7.01,9.01 09/12/05 FINANCIAL ASSET SECURITIES CORP DE 8.01,9.01 09/09/05 First Franklin Mortgage Loan Trust 20 DE 2.01,9.01 08/26/05 First Franklin Mortgage Loan Trust, S DE 2.01,9.01 08/26/05 FIRST WEST VIRGINIA BANCORP INC WV 5.02 09/09/05 FirstBank Financial Services, Inc. GA 5.02 08/09/05 FORD MOTOR CO DE 1.01,9.01 09/12/05 FORD MOTOR CREDIT CO DE 8.01,9.01 09/12/05 FOREST OIL CORP NY 7.01,9.01 09/12/05 Fortuna Gaming Corp. 8.01,9.01 09/09/05 FULTON BANCSHARES CORP PA 5.02 09/06/05 FULTON BANCSHARES CORP PA 5.02 06/29/05 AMEND FX ENERGY INC NV 7.01,9.01 09/12/05 GABRIEL TECHNOLOGIES CORP DE 7.01 09/12/05 GAMESTOP CORP DE 1.01,9.01 09/12/05 GAMMACAN INTERNATIONAL INC DE 1.01,9.01 09/06/05 GERON CORP DE 8.01,9.01 09/12/05 GIGA TRONICS INC CA 5.02,9.01 09/08/05 Global Pharmatech, Inc. DE 1.01,3.02 08/18/05 GOLDEN PATRIOT CORP NV 8.01 09/12/05 GREENMAN TECHNOLOGIES INC DE 1.01,9.01 09/06/05 GRIFFIN LAND & NURSERIES INC DE 3.01,7.01,9.01 09/08/05 GS MORTGAGE SECURITIES CORP DE 8.01 09/08/05 GS MORTGAGE SECURITIES CORP DE 8.01,9.01 09/09/05 GS MORTGAGE SECURITIES CORP DE 8.01,9.01 09/08/05 GS MORTGAGE SECURITIES CORP DE 8.01,9.01 09/07/05 GTECH HOLDINGS CORP DE 7.01 09/12/05 GuruNet CORP 1.02 09/10/05 HANCOCK HOLDING CO MS 8.01,9.01 09/09/05 HANOVER DIRECT INC DE 8.01,9.01 09/09/05 HarborView Mortgage Loan Trust 2005-7 DE 8.01,9.01 09/12/05 AMEND HARKEN ENERGY CORP DE 7.01,9.01 09/12/05 HARRAHS ENTERTAINMENT INC DE 8.01 09/12/05 Health Fitness Corp /MN/ MN 7.01,9.01 09/12/05 HEARTLAND PARTNERS L P DE 4.01,9.01 09/06/05 HERLEY INDUSTRIES INC /NEW DE 5.02 09/09/05 HEXION SPECIALTY CHEMICALS, INC. NJ 1.01,9.01 09/07/05 Hiland Partners, LP 1.01,7.01,9.01 09/12/05 HOUSE OF BRUSSELS CHOCOLATES INC NV 5.02,9.01 09/11/05 HUDSON UNITED BANCORP NJ 8.01,9.01 09/12/05 HUMAN BIOSYSTEMS INC CA 5.01,9.01 09/12/05 HUMANA INC DE 7.01 09/09/05 IDS LIFE INSURANCE CO MN 5.02 09/12/05 IKON OFFICE SOLUTIONS INC OH 2.02,7.01,8.01,9.01 09/09/05 IMS HEALTH INC DE 8.01,9.01 09/12/05 IndyMac INDX Mortgage Loan Trust 2005 8.01,9.01 06/29/05 INERGY L P DE 7.01 09/12/05 INLAND MONTHLY INCOME FUND II L P DE 2.01,9.01 09/08/05 INTEGRATED ENVIRONMENTAL TECHNOLOGIES DE 8.01,9.01 09/09/05 INTELLI CHECK INC DE 5.02,9.01 09/06/05 INTERLINE BRANDS INC 1.01,9.01 09/09/05 INTERLINE BRANDS, INC./DE DE 1.01,9.01 09/09/05 INTERVEST BANCSHARES CORP DE 8.01 09/09/05 INTRADO INC DE 7.01 09/12/05 INTRAWARE INC DE 1.01,3.03,5.03,8.01,9.01 09/12/05 IOMEGA CORP DE 1.01 09/07/05 ISLAND PACIFIC INC DE 3.01 09/07/05 Israel Technology Acquisition Corp. DE 8.01 09/12/05 J.P. Morgan Mortgage Acquisition Corp 8.01,9.01 09/12/05 JDA SOFTWARE GROUP INC DE 8.01,9.01 09/12/05 KAHIKI FOODS INC OH 1.01,2.03,4.01,9.01 12/17/04 AMEND KENNAMETAL INC PA 5.04,9.01 09/12/05 KEY TECHNOLOGY INC OR 1.01,9.01 09/06/05 KOSAN BIOSCIENCES INC CA 8.01 09/01/05 LARGE SCALE BIOLOGY CORP DE 3.01 08/24/05 AMEND LARGO VISTA GROUP LTD NV 8.01 09/09/05 LIGHTBRIDGE INC DE 1.01,9.01 09/07/05 LODGIAN INC DE 1.02,5.02 09/08/05 LODGIAN INC DE 7.01,9.01 09/12/05 LOUISIANA-PACIFIC CORP DE 1.01 09/09/05 LOWRANCE ELECTRONICS INC DE 2.02,9.01 09/12/05 MAINE & MARITIMES CORP 7.01,9.01 09/12/05 MAJESCO ENTERTAINMENT CO DE 2.02,9.01 09/12/05 MARGO CARIBE INC PR 7.01,9.01 09/12/05 MARKWEST HYDROCARBON INC DE 3.01,9.01 09/06/05 MARSH & MCLENNAN COMPANIES, INC. DE 8.01,9.01 09/12/05 MARVEL ENTERPRISES INC DE 3.02 09/06/05 MASON HILL HOLDINGS INC DE 1.01,2.03,3.02,5.01 09/12/05 MASTER DISTRIBUTION SYSTEMS, INC. 1.01,5.01,5.02,9.01 03/14/05 AMEND MBNA CORP MD 2.03 09/12/05 MEDALLION FINANCIAL CORP DE 1.01,9.01 09/06/05 MEDIABAY INC FL 3.01 09/08/05 MEDIANEWS GROUP INC DE 1.01,2.03 09/08/05 MEDICAL STAFFING SOLUTIONS INC NV 2.01,9.01 06/16/05 AMEND MEREDITH CORP IA 8.01,9.01 09/12/05 MERRILL LYNCH MORTGAGE INVESTORS INC DE 8.01,9.01 09/07/05 MGP INGREDIENTS INC KS 1.01,9.01 09/09/05 MIDDLESEX WATER CO NJ 8.01 09/12/05 MIVA, INC. DE 1.01,5.02,9.01 09/06/05 MONITRONICS INTERNATIONAL INC TX 1.01 09/06/05 MONTPELIER RE HOLDINGS LTD D0 7.01,9.01 09/12/05 MOOG INC NY 1.01,2.03,8.01,9.01 09/12/05 MOUNTAIN BANK HOLDING CO WA 9.01 03/09/05 AMEND NanoSignal CORP NV 5.02 08/29/05 AMEND NATIONAL CITY CORP DE 7.01,9.01 09/12/05 NATIONAL COLLEGIATE FUNDING LLC 8.01,9.01 09/09/05 NationsHealth, Inc. DE 7.01,9.01 09/09/05 NEVADA GOLD & CASINOS INC NV 5.02,9.01 09/06/05 NEW RIVER PHARMACEUTICALS INC VA 8.01,9.01 09/12/05 NNN 2003 VALUE FUND LLC 5.02 09/09/05 NORTEL NETWORKS CORP 1.01,9.01 09/06/05 NORTEL NETWORKS LTD 1.01,9.01 09/06/05 NORTH FORK BANCORPORATION INC DE 7.01,9.01 09/12/05 NOVELL INC DE 1.01 09/06/05 OFFICE DEPOT INC DE 2.05,2.06,7.01,8.01,9.01 09/09/05 OFFICE DEPOT INC DE 7.01 09/12/05 OMI CORP/M I 8.01,9.01 09/12/05 OPENWAVE SYSTEMS INC DE 1.01,1.02,5.02,9.01 09/12/05 OPTION ONE MORTGAGE ACCEPTANCE CORP DE 8.01,9.01 09/12/05 ORACLE CORP /DE/ DE 8.01,9.01 09/12/05 OSK CAPITAL II CORP NV 1.01,9.01 08/23/05 PENSECO FINANCIAL SERVICES CORP PA 8.01,9.01 09/09/05 PEOPLES ENERGY CORP IL 8.01,9.01 09/12/05 PERCEPTRON INC/MI MI 1.01,8.01,9.01 09/07/05 PERCEPTRON INC/MI MI 8.01,9.01 09/12/05 PILGRIMS PRIDE CORP DE 7.01,9.01 09/12/05 POWELL INDUSTRIES INC NV 2.02,9.01 09/12/05 PRECIS INC OK 5.02,9.01 09/12/05 PRESIDENTIAL LIFE CORP DE 4.01 08/31/05 Prestige Brands Holdings, Inc. 1.01,8.01,9.01 09/08/05 PRINCETON REVIEW INC DE 1.01,5.02,9.01 09/07/05 PROTALEX INC DE 8.01,9.01 09/12/05 PROTOCALL TECHNOLOGIES INC NV 5.02 09/02/05 PW EAGLE INC MN 8.01,9.01 09/08/05 PXRE GROUP LTD 7.01,9.01 09/11/05 REGIONS FINANCIAL CORP DE 7.01,9.01 09/12/05 RENAISSANCERE HOLDINGS LTD 8.01,9.01 09/09/05 RESIDENTIAL ASSET SECURITIES CORP DE 8.01,9.01 09/09/05 RESIDENTIAL ASSET SECURITIES CORP DE 8.01,9.01 09/09/05 RETAIL VENTURES INC OH 2.02,9.01 09/07/05 AMEND RFMSI Series 2005-S6 Trust DE 8.01,9.01 09/12/05 RIVOLI BANCORP INC GA 1.01,9.01 09/09/05 RIVOLI BANCORP INC GA 1.01,9.01 09/07/05 RONCO CORP DE 9.01 06/27/05 AMEND RURAL CELLULAR CORP MN 3.02 09/06/05 RYDER SYSTEM INC FL 8.01,9.01 09/12/05 SBS TECHNOLOGIES INC NM 5.02,9.01 09/12/05 SCBT FINANCIAL CORP SC 5.02,9.01 09/12/05 SCRIPPS E W CO /DE OH 8.01,9.01 09/12/05 SECURED SERVICES INC DE 5.02 09/12/05 SECURITIZED ASSET BACKED RECEIVABLES 8.01,9.01 09/12/05 SEI INVESTMENTS CO PA 8.01,9.01 09/12/05 SENTO CORP UT 7.01,9.01 09/12/05 SERVICEMASTER CO DE 7.01,9.01 09/09/05 SIEBEL SYSTEMS INC DE 1.01,3.03,9.01 09/12/05 SIEBERT FINANCIAL CORP NY 5.02 09/06/05 SIGMATEL INC DE 1.01,2.01,9.01 09/06/05 SIGN MEDIA SYSTEMS INC 4.01 05/30/04 SILICON LABORATORIES INC DE 1.01,5.02,9.01 08/30/05 SIPEX CORP DE 1.01 09/06/05 SITEWORKS INC /FL FL 8.01 09/09/05 SIZELER PROPERTY INVESTORS INC DE 8.01,9.01 09/12/05 SLM Student Loan Trust 2003-4 DE 8.01,9.01 09/02/05 Solexa, Inc. DE 1.01,9.01 09/06/05 SOLOMON TECHNOLOGIES INC DE 7.01,9.01 09/12/05 SOUTHERN BANCSHARES NC INC DE 8.01,9.01 09/12/05 SOUTHWESTERN ENERGY CO AR 8.01,9.01 09/12/05 SPACEHAB INC \WA\ WA 5.02 09/08/05 SPECTRX INC DE 1.01,9.01 09/12/05 Stanwich Asset Acceptance CO LLC DE 8.01,9.01 08/07/05 STAR GAS PARTNERS LP DE 1.01,9.01 09/08/05 STERLING BANCORP NY 5.02 08/18/05 STEWART ENTERPRISES INC LA 2.02,2.06,4.02,8.01,9.01 09/06/05 STIFEL FINANCIAL CORP DE 7.01,9.01 09/12/05 SUN MICROSYSTEMS, INC. DE 5.02,5.03,9.01 09/08/05 SUNCOAST BANCORP INC FL 1.01,9.01 09/06/05 SUNSET FINANCIAL RESOURCES INC 1.01,1.02,5.02,9.01 09/07/05 SYCAMORE NETWORKS INC DE 2.02,9.01 09/12/05 SYMANTEC CORP DE 5.02 09/10/05 SYNOPSYS INC DE 1.01,9.01 09/06/05 TELESOURCE INTERNATIONAL INC FL 5.02,9.01 09/09/05 TEMECULA VALLEY BANCORP INC DE 4.01,9.01 08/31/05 AMEND TERAFORCE TECHNOLOGY CORP DE 1.01,2.01,5.02 09/07/05 TOOTSIE ROLL INDUSTRIES INC VA 7.01,9.01 09/09/05 TOUCHSTONE APPLIED SCIENCE ASSOCIATES DE 9.01 07/01/05 AMEND TRANSMERIDIAN EXPLORATION INC DE 1.01 09/06/05 TRANSTECHNOLOGY CORP DE 1.01,9.01 09/08/05 TRANSWITCH CORP /DE DE 8.01,9.01 09/12/05 Triad Automobile Receivables Trust 20 CA 8.01,9.01 09/12/05 Triad Automobile Receivables Trust 20 8.01,9.01 09/12/05 TRUSTREET PROPERTIES INC MD 8.01,9.01 09/09/05 TRUSTREET PROPERTIES INC MD 8.01,9.01 09/09/05 TRUSTREET PROPERTIES INC MD 7.01,9.01 09/12/05 TYCO INTERNATIONAL LTD /BER/ D0 8.01 09/12/05 UNITED RENTALS INC /DE DE 8.01,9.01 09/12/05 UNITEDHEALTH GROUP INC MN 7.01 09/12/05 US GLOBAL NANOSPACE INC DE 8.01 09/12/05 USA VIDEO INTERACTIVE CORP WY 1.01,9.01 08/30/05 USG CORP DE 8.01 09/12/05 UTSTARCOM INC DE 1.01,9.01 09/06/05 VALEANT PHARMACEUTICALS INTERNATIONAL DE 7.01,9.01 09/12/05 VANGUARD HEALTH SYSTEMS INC DE 2.02,9.01 09/12/05 VERIZON COMMUNICATIONS INC DE 8.01 09/12/05 VERSANT CORP CA 2.02,9.01 09/12/05 VERSANT CORP CA 2.06 09/06/05 AMEND VERTEX PHARMACEUTICALS INC / MA MA 1.01,3.02,8.01,9.01 09/08/05 VICAL INC DE 1.01 09/12/05 VICURON PHARMACEUTICALS INC DE 8.01,9.01 09/11/05 VINEYARD NATIONAL BANCORP CA 5.02,9.01 09/12/05 VITAL IMAGES INC MN 1.01,5.02,9.01 09/08/05 VOLT INFORMATION SCIENCES, INC. NY 5.02,5.03,9.01 09/07/05 W&T OFFSHORE INC TX 7.01,9.01 09/12/05 WABASH NATIONAL CORP /DE DE 7.01,9.01 09/08/05 WACHOVIA CORP NEW NC 8.01,9.01 09/12/05 WALTER INDUSTRIES INC /NEW/ DE 1.01,5.02,9.01 09/12/05 WARP TECHNOLOGY HOLDINGS INC NV 7.01,9.01 09/12/05 WELLCHOICE INC DE 7.01 09/12/05 WELLMAN INC DE 8.01,9.01 09/08/05 WESCO INTERNATIONAL INC DE 8.01 09/12/05 WESTCORP /CA/ CA 1.01,1.02,8.01,9.01 09/12/05 WESTERN WATER CO DE 1.01 09/06/05 WFS FINANCIAL INC CA 1.01,1.02,8.01,9.01 09/12/05 WHITEHALL JEWELLERS INC DE 5.02,8.01,9.01 09/07/05 WILLIAMS SCOTSMAN INTERNATIONAL INC DE 5.03,9.01 09/12/05 XCEL ENERGY INC MN 2.02,9.01 09/12/05 XETHANOL CORP CO 7.01 07/28/05 XETHANOL CORP CO 5.02 07/28/05 XETHANOL CORP CO 5.02 08/10/05 XETHANOL CORP CO 5.02 07/28/05 AMEND XETHANOL CORP CO 5.02 07/28/05 AMEND