SEC NEWS DIGEST Issue 2005-54 March 22, 2005 ENFORCEMENT PROCEEDINGS IN THE MATTER OF CHARLES ZANDFORD On March 21, the Commission issued an Order Instituting Administrative Proceedings Pursuant to Section 15(b) of the Securities Exchange Act of 1934 (Order) against Charles Zandford, formerly of Annapolis, Maryland, and now residing in Princeton, New Jersey. In the Order, the Division of Enforcement alleges that, on Sept. 22, 1995, the Commission filed a civil action [SEC v. Zandford, U.S. District Court for the District of Maryland, Civil Action No. AMD 95-CV- 2826] (LR-14562). The Commission’s complaint filed in that action alleged that, between November 1987 and August 1990, while employed as a stockbroker at the Bethesda, Maryland office of a broker-dealer registered with the Commission, Zandford engaged in a scheme to defraud his largest brokerage customer and misappropriated approximately $343,000 from this customer by liquidating, without the customer’s knowledge or consent, the customer’s securities, and causing checks to issue from the customer’s account to Zandford’s own accounts, which monies Zandford used for his own personal expenses. The Order further alleges that, as the result of the Commission’s civil action, the Court ordered Zandford to pay disgorgement in the amount of $343,000 and Zandford was permanently enjoined from future violations of Section 17(a) of the Securities Act, Section 10(b) of the Securities Exchange Act, and Rule 10b-5 thereunder. A hearing will be scheduled before an administrative law judge to determine whether the allegations contained in the Order are true, to provide Zandford an opportunity to respond to the allegations against him, and to determine whether any remedial action should be ordered by the Commission. As directed by the Commission, an administrative law judge shall issue an initial decision in this matter no later than 210 days from the date of service of the Order Instituting Proceedings. (Rel. 34-51404; File No. 3-11863) IN THE MATTER OF ALLEN ANDRESCU An Administrative Law Judge has issued an Order Making Findings and Imposing Remedial Sanction by Default (Default Order) in Allen Andrescu,. The Order Instituting Proceedings alleged that on April 17, 2001, the U.S. District Court for the Eastern District of New York entered an order against Respondent Allen Andrescu, permanently enjoining him from violating 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. The Default Order finds these allegations to be true and bars Allen Andrescu from association with any broker or dealer. (Rel. 34-51402; File No. 3-11640) IN THE MATTER OF KOJI GOTO An Administrative Law Judge has issued an Order Making Findings and Imposing Remedial Sanctions by Default (Default Order) in the matter of Koji Goto. The Order Instituting Proceedings alleged that on Sept. 27, 2004, a jury in the New Hampshire state court system found Respondent Koji Goto guilty of nine counts of theft by deception, one count of theft by misapplication, and thirteen counts of unlawful securities practice. The Default Order finds these allegations to be true and bars Koji Goto from association with any broker, dealer, and investment adviser. (Rels. 34-51403; IA-2368; File No. 3-11768) IN THE MATTER OF SELECT MEDIA COMMUNICATIONS, INC. On March 22, the Commission issued an Order Making Findings and Revoking Registration of Securities Pursuant to Section 12(j) of the Securities Exchange Act of 1934 (Order) against Select Media Communications, Inc. (Select Media). The Order finds that Select Media failed to comply with Section 13(a) of the Exchange Act and Rules 13a-1 and 13a-13 thereunder, while its common stock was registered with the Commission in that it has not filed an Annual Report on Form 10-K since May 14, 2002, (for its fiscal year ending Dec. 31, 2001) or quarterly reports on Form 10-Q since June 12, 2002 (for any fiscal period subsequent to its fiscal quarter ending March 31, 2002). Based on the above, the Order revokes the registration of each class of Select Media’s securities registered pursuant to Section 12 of the Exchange Act. Select Media consented to the issuance of the Order without admitting or denying any of the findings. (Rel. 34-51405; File No. 3-11833) SEC SUES UTAH AND FLORIDA STOCK PROMOTERS The Commission filed an injunctive action on March 13 against Utah resident Harvey L. Carmichael (Carmichael) and Florida resident Irving Freiberg (Freiberg). The complaint alleges that between late 2001 and early 2002, Carmichael secretly acquired as much as 27% of the stock of Gateway International Holdings, Inc. (Gateway), which was then a publicly traded shell, without filing mandatory forms with the Commission disclosing his beneficial ownership. Further, the complaint alleges that in November-December 2001, Carmichael manipulated Gateway stock by inducing a trader associated with a registered broker-dealer to repeatedly raise the inside bid price of the stock. Moreover, the complaint alleges that in February 2002, Carmichael hired Freiberg to send false and misleading “spam” e-mail messages to a large number of prospective investors. According to the complaint, Carmichael and Freiberg, who has since pleaded guilty to federal securities fraud charges relating to his touting of Gateway and other microcap stocks, sold restricted Gateway stock that they held into the resulting inflated market for profits of approximately $150,740 and $127,195, respectively, in violation of the securities registration provisions. The Commission’s complaint alleges that Carmichael thereby violated Sections 5(a) and 5(c) of the Securities Act of 1933 (Securities Act) and Sections 10(b), 13(d) and 16(a) of the Securities Exchange Act of 1934 (Exchange Act) and Rules 10b-5, 13d-1, 13d-2, 16a-2 and 16a-3 thereunder, and that Freiberg thereby violated Sections 5(a) and 5(c) of the Securities Act and Section 10(b) of the Exchange Act and Rule 10b-5 thereunder. The complaint seeks permanent injunctions, disgorgement and prejudgment interest, penny stock bars, and third-tier civil penalties against both defendants, and an officer and director bar against Carmichael. Without admitting or denying the Commission’s allegations, Freiberg has consented to the entry of an order that would enjoin him from future violations of the foregoing provisions; imposing a penny stock bar and ordering that he pay $145,098 in disgorgement and prejudgment interest, but deeming payment satisfied by his forfeiture of $145,098 or more in settlement of the related criminal case and not imposing a civil penalty based on his anticipated incarceration. For more information see U.S. v. Collardeau, et al., Crim. No. 03-800 (D.N.J. Nov. 6, 2003) (indictment issued). [SEC v. Harvey L. Carmichael and Irving Freiberg, Case No. 2:05CV00233 PGC (USDC D. Utah)] (LR-19148) FEDERAL COURT ISSUES JUDGMENT AGAINST NORMAN ROUNDS The Commission announced that on Feb. 16, 2005, the U.S. District Court for the District of Colorado entered a Final Judgment As To Defendant Norman P. Rounds. The Judgment, entered with Rounds’ consent, without admitting or denying the allegations of the Commission’s complaint, permanently enjoins Rounds from violating Section 15(a)(1) of the Securities Exchange Act of 1934. It also orders Rounds to comply with a Commission order issued in 1996. That order barred Rounds in all capacities from association with any broker-dealer with a right to reapply to become so associated after one year. For further information see LR-17989. [SEC v. Norman P. Rounds, Civil Action No. 03-M-0303, USDC, D. Colo.] (LR-19149) SELF-REGULATORY ORGANIZATIONS IMMEDIATE EFFECTIVENESS OF PROPOSED RULE CHANGES A proposed rule change filed by the Pacific Exchange (SR-PCX-2005-17) relating to amendments to the Bylaws of PCX Holdings, Inc. has become effective under Section 19(b)(3)(A)(iii) of the Securities Exchange Act of 1934. Publication of the proposal is expected in the Federal Register during the week of March 22. (Rel. 34-51389) A proposed rule change (SR-ISE-2005-13) filed by the International Securities Exchange relating to changes to the ISE’s Schedule of Fees has become effective under Section 19(b)(3)(A) of the Securities Exchange Act of 1934. Publication of the proposal is expected in the Federal Register during the week of March 22. (Rel. 34-51397) A proposed rule change (SR-PCX-2005-26) filed by the Pacific Exchange relating to Remote Market Makers’ ability to be reappointed options issues has become immediately effective under Section 19(b)(3)(A) of the Securities Exchange Act of 1934. Publication of the proposal is expected in the Federal Register during the week of March 22. (Rel. 34-51401) 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 MECHANICAL TECHNOLOGY INC, 431 NEW KARNER ROAD, BUILDING #4, ALBANY, NY, 12205, 5185332200 - 1,261,829 ($6,845,422.33) Other, (File 333-123461 - Mar. 21) (BR. 36) S-8 UNITED NATURAL FOODS INC, PO BOX 999, 260 LAKE RD, DAYVILLE, CT, 06241, 8607792800 - 1,000,000 ($29,000,000.00) Equity, (File 333-123462 - Mar. 21) (BR. 02) S-1 Lazard Ltd, CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON, D0, HM II, (441) 295-1422 - 0 ($575,000,000.00) Other, (File 333-123463 - Mar. 21) (BR. 07) S-8 VIROPRO INC, 3163 KENNEDY BLVD, JERSEY CITY, NJ, 07306, 9544202882 - 850,000 ($221,000.00) Equity, (File 333-123464 - Mar. 21) (BR. 02) SB-2 Palomine Mining Inc., 595 HOWE STREET, SUITE 507, VANCOUVER, A1, V6C 2T5, 604-681-6466 - 2,300,000 ($230,000.00) Equity, (File 333-123465 - Mar. 21) (BR. 09) S-8 MISSION WEST PROPERTIES INC, 10050 BANDLEY DRIVE, CUPERTINO, CA, 95014, 4087250700 - 3,991,089 ($43,682,469.11) Equity, (File 333-123466 - Mar. 21) (BR. 08) S-8 DATAMIRROR CORP, 3100 STEELES AVE EAST STE 1100, MARKHAM ONTARIO, CANAADA, A6, L3R 8T3, 9054150310X290 - 1,207,545 ($10,338,099.00) Equity, (File 333-123468 - Mar. 21) (BR. 03) S-3 NU SKIN ENTERPRISES INC, 75 WEST CENTER ST, ATTN: D. MATTHEW DORNY, PROVO, UT, 84601, 801-345-6100 - 2,000,000 ($43,220,000.00) Equity, (File 333-123469 - Mar. 21) (BR. 01) S-8 DATAMIRROR CORP, 3100 STEELES AVE EAST STE 1100, MARKHAM ONTARIO, CANAADA, A6, L3R 8T3, 9054150310X290 - 792,500 ($7,381,477.00) Equity, (File 333-123470 - Mar. 21) (BR. 03) S-4 CINCINNATI FINANCIAL CORP, 6200 S GILMORE RD, FAIRFIELD, OH, 45014, 5138702000 - 0 ($420,000,000.00) Non-Convertible Debt, (File 333-123471 - Mar. 21) (BR. 01) S-3 HUMAN GENOME SCIENCES INC, 14200 SHADY GROVE ROAD, ROCKVILLE, MD, 20850-3338, 3013098504 - 0 ($400,000,000.00) Equity, (File 333-123472 - Mar. 21) (BR. 01) SB-2 Siouxland Ethanol, LLC, P.O. BOX 147, JACKSON, NE, 68743, 402-632-2676 - 0 ($46,000,000.00) Equity, (File 333-123473 - Mar. 21) (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 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 ------------------------------------------------------------------------------------------------ ACTIVE POWER INC DE 1.01,9.01 03/16/05 ACTIVE POWER INC DE 5.02,9.01 03/16/05 ADVANTA BUSINESS RECEIVABLES CORP 8.01,9.01 03/21/05 AEGIS ASSET BACKED SECURITIES TRUST M DE 8.01,9.01 09/27/04 AMEND AEGIS ASSET BACKED SECURITIES TRUST M DE 8.01,9.01 10/25/04 AMEND AEGIS ASSET BACKED SECURITIES TRUST M DE 8.01,9.01 07/26/04 AMEND AEP INDUSTRIES INC DE 7.01,9.01 03/18/05 AEROPOSTALE INC 5.01,5.02,9.01 03/17/05 AGILENT TECHNOLOGIES INC DE 1.01,9.01 03/15/05 AGL RESOURCES INC GA 7.01 03/18/05 ALLIANCE LAUNDRY HOLDINGS LLC 2.02,9.01 03/21/05 ALPINE GROUP INC /DE/ DE 1.01 03/15/05 AMALGAMATED TECHNOLOGIES INC DE 1.01,3.02,9.01 03/15/05 AMERICAN AXLE & MANUFACTURING HOLDING DE 1.01 03/15/05 AMERICAN CAMPUS COMMUNITIES INC MD 7.01 03/17/05 AMERICAN HEALTHWAYS INC DE 7.01,9.01 03/21/05 AMERICAN HOME MORTGAGE SECURITIES LLC DE 8.01,9.01 03/21/05 AMERICAN HOME MORTGAGE SECURITIES LLC DE 8.01,9.01 03/21/05 AMERICAN SAFETY INSURANCE HOLDINGS LT 1.01 03/15/05 AMERICAN SEAFOODS GROUP LLC DE 2.02 03/18/05 AMERICAN SPECTRUM REALTY INC MD 2.02,9.01 03/21/05 AMERICAN TECHNOLOGY CORP /DE/ DE 1.01 03/16/05 AMERICANWEST BANCORPORATION WA 7.01,9.01 03/18/05 ANALEX CORP NY 8.01 03/15/05 ANNTAYLOR STORES CORP DE 1.01,5.02,9.01 03/15/05 ANZ CAPEL COURT LTD 9.01 03/15/05 ANZ Capel Court LTD as Trust Manager 9.01 03/11/05 APHTON CORP DE 2.02 03/15/05 AQUANTIVE INC WA 1.01 03/17/05 ARGONAUT GROUP INC DE 5.02 03/18/05 ARGONAUT TECHNOLOGIES INC DE 1.01,7.01,9.01 03/17/05 ARROW INTERNATIONAL INC PA 2.02,9.01 03/21/05 ATLANTIC WINE AGENCIES INC FL 5.02 03/18/05 ATLAS AIR WORLDWIDE HOLDINGS INC DE 1.01,9.01 03/15/05 AURORA GOLD CORP DE 1.01,9.01 03/21/05 AVID TECHNOLOGY INC DE 1.01,8.01,9.01 03/20/05 AXCELIS TECHNOLOGIES INC DE 5.02 03/17/05 Axion Power International, Inc. DE 2.02,3.02,7.01,9.01 03/18/05 AXT INC DE 1.01 03/21/05 Banc of America Mortgage Securities M DE 8.01,9.01 12/29/04 BANC ONE HELOC 1999-1 OH 8.01,9.01 03/21/05 BANC ONE HELOC TRUST 1998-1 OH 8.01,9.01 03/21/05 BANK ONE AUTO SECURITIZATION TRUST 20 DE 8.01,9.01 03/21/05 BAXTER INTERNATIONAL INC DE 5.02,9.01 03/21/05 Bear Stearns ARM Trust, Mortgage Pass DE 8.01,9.01 12/27/04 AMEND BERKELEY TECHNOLOGY LTD 2.02,7.01 03/21/05 BHP BILLITON LTD C3 4.01,9.01 03/03/05 AMEND BHP BILLITON LTD C3 4.01,9.01 03/03/05 AMEND BIOCRYST PHARMACEUTICALS INC DE 8.01,9.01 03/21/05 BIONUTRICS INC NV 1.01,9.01 03/16/05 BLACK WARRIOR WIRELINE CORP DE 1.01,9.01 03/16/05 BLACKHAWK BANCORP INC WI 1.01,2.03 03/17/05 BLOCKBUSTER INC DE 1.01,9.01 03/19/05 BLYTH INC DE 8.01 03/17/05 BON TON STORES INC PA 1.01 03/15/05 BRANDPARTNERS GROUP INC DE 2.02,9.01 03/18/05 BRANDPARTNERS GROUP INC DE 1.01 03/16/05 BRIGHAM EXPLORATION CO DE 2.02,4.02,7.01,9.01 03/16/05 BRYN MAWR BANK CORP PA 1.01,5.02,9.01 03/21/05 BULLDOG TECHNOLOGIES INC NV 7.01,9.01 03/21/05 CALIFORNIA PIZZA KITCHEN INC DE 2.02,4.02,8.01,9.01 03/18/05 CALYPSO WIRELESS INC DE 1.01,5.02 03/15/05 CAP ROCK ENERGY CORP 7.01,8.01,9.01 03/17/05 CAPSTEAD MORTGAGE CORP MD 2.02,9.01 03/17/05 CARNIVAL CORP DE 2.02,9.01 03/21/05 CASINO ENTERTAINMENT INC 1.01,2.01,4.01,5.01,9.01 01/21/05 CATALINA MARKETING CORP/DE DE 1.01 03/15/05 Cell Wireless CORP NV 4.01,9.01 03/18/05 CELLCO PARTNERSHIP 1.01,9.01 03/21/05 CENTRAL FEDERAL CORP DE 8.01,9.01 03/18/05 CENTRAL VALLEY COMMUNITY BANCORP CA 1.01,9.01 03/16/05 CENTURY ALUMINUM CO DE 1.01 03/16/05 CHEC FUNDING LLC DE 8.01,9.01 03/21/05 CHECKERS DRIVE IN RESTAURANTS INC /DE DE 2.01,2.02,9.01 03/17/05 CHEROKEE INTERNATIONAL CORP DE 1.01 03/18/05 CHINA FUND INC MD 9.01 02/01/05 CODE 8K ITEM NUMBERS DATE COMMENT CHINA FUND INC MD 7.01,9.01 03/15/05 CIVITAS BANKGROUP INC TN 2.01,7.01,9.01 03/15/05 COAST DISTRIBUTION SYSTEM INC DE 2.02,9.01 03/09/05 COLLINS INDUSTRIES INC MO 5.02 03/18/05 COLONIAL PROPERTIES TRUST AL 5.03,9.01 03/18/05 COLONIAL REALTY LIMITED PARTNERSHIP DE 8.01,9.01 03/18/05 COMFORT SYSTEMS USA INC DE 1.01,5.02 03/17/05 COMMERCE ENERGY GROUP INC DE 2.02,9.01 03/16/05 COMMUNITY FINANCIAL HOLDING CO INC GA 1.02,9.01 03/17/05 COMMUNITY FIRST INC TN 5.03,9.01 03/15/05 CONECTISYS CORP CO 1.01 03/17/05 CONSOL ENERGY INC 1.01,1.02,9.01 03/16/05 CORAUTUS GENETICS INC DE 2.02,9.01 03/21/05 CORTEX PHARMACEUTICALS INC/DE/ DE 2.02,9.01 03/21/05 COX COMMUNICATIONS INC /DE/ DE 1.01,8.01,9.01 03/17/05 CRAFTY ADMIRAL ENTERPRISES LTD NV 4.01,9.01 03/19/05 AMEND CRDENTIA CORP DE 5.03,9.01 03/17/05 CREDO PETROLEUM CORP CO 2.02,8.01 03/18/05 CRESTED CORP CO 8.01 03/17/05 CROSS COUNTRY HEALTHCARE INC DE 2.02,7.01,9.01 03/17/05 CROSS TIMBERS ROYALTY TRUST TX 2.02,9.01 03/21/05 CSFB Mortgage-Backed Pass-Through Cer DE 8.01,9.01 08/25/04 AMEND CWABS INC DE 8.01,9.01 03/17/05 DANKA BUSINESS SYSTEMS PLC 4.01,9.01 07/12/04 AMEND DATATEC SYSTEMS INC DE 2.01,5.02,9.01 03/09/05 DAXOR CORP NY 4.01 03/11/05 DCB FINANCIAL CORP OH 5.02 03/16/05 DEL GLOBAL TECHNOLOGIES CORP NY 8.01,9.01 03/21/05 DELTA PETROLEUM CORP/CO CO 1.01,2.03,9.01 03/15/05 DIGITAL FUSION INC/NJ/ DE 1.01,2.01,9.01 01/07/05 AMEND Digital Realty Trust, Inc. MD 1.01,7.01,9.01 03/15/05 DIGITAL THEATER SYSTEMS INC DE 1.01 03/15/05 DIGITAL THEATER SYSTEMS INC DE 2.01,9.01 01/03/05 AMEND DIGITAL VIDEO SYSTEMS INC DE 3.01 03/14/05 DIVIDEND CAPITAL TRUST INC MD 2.01,9.01 01/05/05 AMEND DOLLAR TREE STORES INC VA 7.01,9.01 03/18/05 Dragon Gold Resources, Inc. NV 8.01,9.01 03/15/05 DRESS BARN INC CT 2.01,9.01 01/03/05 AMEND DUCKWALL ALCO STORES INC KS 1.01,9.01 03/15/05 EBAY INC DE 1.01,9.01 03/16/05 EDUCATION LOANS INC /DE DE 8.01,9.01 01/31/05 AMEND ELECTRONIC ARTS INC DE 7.01,9.01 03/21/05 EMPS CORP NV 3.02,7.01,9.01 01/28/05 AMEND ENCORE WIRE CORP /DE/ DE 8.01,9.01 03/21/05 ENTEGRIS INC MN 1.01,2.02,9.01 03/21/05 ENTERGY LOUISIANA INC LA 8.01,9.01 03/18/05 ENZON PHARMACEUTICALS INC DE 1.02 03/16/05 EPIC FINANCIAL CORP NV 5.03,9.01 03/15/05 EURAMAX INTERNATIONAL INC 1.01,9.01 08/05/04 EXCEL TECHNOLOGY INC DE 1.01 03/21/05 AMEND EXPRESS SYSTEMS CORP 7.01,8.01 03/16/05 FAB INDUSTRIES INC DE 3.01,9.01 03/10/05 FEDERAL NATIONAL MORTGAGE ASSOCIATION 7.01,9.01 03/21/05 FIFTH THIRD AUTO TRUST 2004-A 8.01,9.01 03/21/05 FINISH LINE INC /IN/ IN 1.01,2.03,9.01 03/18/05 FIRST CAPITAL INC IN 8.01 03/21/05 FIRST CITIZENS BANC CORP /OH OH 5.02 03/15/05 FIRST FARMERS & MERCHANTS CORP TN 8.01,9.01 03/21/05 First Franklin Mortgage Loan Trust 20 DE 8.01,9.01 11/26/04 AMEND First Franklin Mortgage Loan Trust 20 DE 8.01,9.01 07/26/04 AMEND First Franklin Mortgage Loan Trust 20 DE 8.01,9.01 08/25/04 AMEND FIRST FRANKLIN MORTGAGE LOAN TRUST 20 DE 8.01,9.01 11/26/04 AMEND FIRST FRANKLIN MORTGAGE LOAN TRUST 20 DE 8.01,9.01 08/25/04 AMEND FIRST MERCHANTS CORP IN 7.01,9.01 03/21/05 FLEET HOME EQUITY LOAN LLC DE 9.01 03/21/05 FLOWSERVE CORP NY 1.01,9.01 03/15/05 FLUSHING FINANCIAL CORP DE 7.01,9.01 03/21/05 FORMFACTOR INC DE 5.02 03/15/05 FORTUNE BRANDS INC DE 1.01,9.01 03/15/05 FRANKLIN BANK CORP 7.01,9.01 03/21/05 FRANKLIN STREET PROPERTIES CORP /MA/ 5.03,9.01 03/18/05 FULTON BANCSHARES CORP PA 2.02,9.01 03/21/05 GALAXY ENERGY CORP CO 1.01,2.03,3.02,9.01 03/01/05 AMEND GCO Education Loan Funding Trust-I DE 8.01,9.01 03/15/05 GCO Education Loan Funding Trust-I DE 1.01,2.01,9.01 03/15/05 GENERAL BINDING CORP DE 1.01,9.01 03/21/05 GENWORTH FINANCIAL INC DE 1.01,9.01 03/16/05 GLOBAL ENVIRONMENTAL ENERGY COPORATIO C5 1.01,9.01 03/09/05 GLOBAL PAYMENTS INC GA 2.02,9.01 03/21/05 Gold Kist Inc. DE 8.01,9.01 03/21/05 GOLDEN PATRIOT CORP NV 8.01 03/21/05 GOODYS FAMILY CLOTHING INC /TN TN 2.02,9.01 03/16/05 GRAHAM CORP DE 2.05 03/15/05 GRANITE CITY FOOD & BREWERY LTD MN 1.01,9.01 03/15/05 Grant Life Sciences, Inc. NV 1.01,2.03,3.02,9.01 03/15/05 GSI LUMONICS INC A3 1.01,9.01 03/17/05 HANCOCK FABRICS INC DE 1.01,5.03,9.01 03/16/05 HEADWATERS INC DE 3.01,9.01 03/21/05 HEALTH SCIENCES GROUP INC CO 3.02 03/15/05 HEMISPHERX BIOPHARMA INC DE 9.01 03/21/05 HERITAGE SCHOLASTIC CORP NV 1.01,2.01,3.02,5.01,5.02 03/15/05 HOME SOLUTIONS OF AMERICA INC DE 7.01,9.01 03/21/05 HOMESTORE INC DE 5.02,5.05,9.01 03/15/05 HONDA AUTO REC 2003-3 OWNER TRUST DE 8.01,9.01 03/21/05 HONDA AUTO REC 2003-4 OWNER TRUST DE 8.01,9.01 03/15/05 HONDA AUTO REC 2003-5 OWNER TRUST DE 8.01,9.01 03/18/05 HONDA AUTO RECEIVABLES 2002-1 OWNER T 8.01,9.01 03/15/05 HONDA AUTO RECEIVABLES 2002-2 OWNER T 8.01,9.01 03/15/05 HONDA AUTO RECEIVABLES 2002-3 OWNER T 8.01,9.01 03/18/05 HONDA AUTO RECEIVABLES 2002-4 OWNER T 8.01,9.01 03/15/05 HONDA AUTO RECEIVABLES 2003-1 OWNER T 8.01,9.01 03/18/05 HONDA AUTO RECEIVABLES 2004-1 OWNER T DE 8.01,9.01 03/21/05 Honda Auto Receivables 2004-2 Owner T CA 8.01,9.01 03/15/05 Honda Auto Receivables 2004-3 Owner T CA 8.01,9.01 03/18/05 Honda Auto Receivables 2005-1 Owner T CA 8.01,9.01 03/21/05 HONDA RECEIVABLES CORP AUTO REC 2003 DE 8.01,9.01 03/21/05 HORMEL FOODS CORP /DE/ DE 7.01,9.01 03/21/05 HOST MARRIOTT CORP/ MD 1.01,9.01 03/16/05 HOST MARRIOTT CORP/ MD 1.01 03/15/05 AMEND HOST MARRIOTT L P DE 1.01,9.01 03/16/05 HOUSEHOLD AFFINITY CREDIT CARD MASTER DE 9.01 03/15/05 HOUSEHOLD CREDIT CARD MASTER NOTE TRU DE 9.01 03/15/05 HOUSEHOLD PRIVATE LABEL CREDIT CARD M DE 9.01 03/15/05 HPL TECHNOLOGIES INC DE 1.01,9.01 03/18/05 AMEND HUGOTON ROYALTY TRUST TX 2.02,9.01 03/21/05 HYDROFLO INC 5.02,9.01 03/21/05 HYPERCOM CORP DE 1.01,5.02,9.01 03/21/05 HyperSpace Communications, Inc. CO 8.01,9.01 03/21/05 I SECTOR CORP DE 2.02,9.01 03/21/05 I SECTOR CORP DE 1.01,3.02,8.01,9.01 03/21/05 IKON OFFICE SOLUTIONS INC OH 1.01,8.01,9.01 03/21/05 IMPAX LABORATORIES INC DE 1.01,9.01 03/16/05 INAMED CORP DE 1.01,9.01 03/20/05 INCODE TECHNOLOGIES CORP. NV 5.02 03/15/05 INDEPENDENT BANK CORP /MI/ MI 8.01,9.01 03/21/05 INFODATA SYSTEMS INC VA 4.02,5.02 03/16/05 INSTEEL INDUSTRIES INC NC 5.02 03/17/05 INTEGRAL SYSTEMS INC /MD/ MD 8.01 03/21/05 INTERNATIONAL MONETARY SYSTEMS LTD /W WI 1.01,2.03,9.01 03/14/05 INTERNATIONAL SPORTS & MEDIA GROUP IN NV 1.02 03/15/05 INTRAWARE INC DE 1.01 03/15/05 InZon CORP NV 5.02 03/04/05 IWT TESORO CORP NV 4.02 03/21/05 J P MORGAN CHASE & CO DE 1.01 03/15/05 JAMDAT MOBILE INC 9.01 01/05/05 AMEND KANBAY INTERNATIONAL INC 1.01 03/21/05 KEY ENERGY SERVICES INC MD 1.01,2.03 03/15/05 KING PHARMACEUTICALS INC TN 1.01,9.01 03/15/05 KITE REALTY GROUP TRUST MD 1.01 03/15/05 KMART HOLDING CORP DE 5.03 03/18/05 KNIGHT TRANSPORTATION INC AZ 5.02 03/16/05 KNOBIAS, INC. DE 1.01,2.03,3.02,9.01 03/15/05 LAKES ENTERTAINMENT INC MN 1.01,7.01,9.01 03/15/05 LANNETT CO INC DE 1.01,5.02,9.01 03/14/05 LCA VISION INC DE 5.02,9.01 03/21/05 LIFEPOINT HOSPITALS INC DE 8.01,9.01 03/21/05 LINCOLN BANCORP /IN/ IN 1.01,9.01 03/15/05 LITFUNDING CORP NV 5.02 03/11/05 LITTLE SIOUX CORN PROCESSORS LLC 2.02,9.01 03/18/05 LOUDEYE CORP DE 3.02 03/18/05 LSB INDUSTRIES INC DE 2.02,9.01 03/17/04 LSB INDUSTRIES INC DE 1.01 03/17/04 LTV CORP DE 8.01,9.01 03/21/05 MAGNITUDE INFORMATION SYSTEMS INC DE 8.01 03/21/05 MANITOWOC CO INC WI 7.01,9.01 03/15/05 MANNKIND CORP 5.02,9.01 03/18/05 MANTECH INTERNATIONAL CORP DE 1.01,9.01 03/15/05 MARKLAND TECHNOLOGIES INC FL 2.04,3.03,9.01 03/15/05 MARLTON TECHNOLOGIES INC NJ 1.01,2.01,2.03,3.02,9.01 03/15/05 MARSH & MCLENNAN COMPANIES, INC. DE 5.03,9.01 03/21/05 MARTIN MIDSTREAM PARTNERS LP DE 7.01,9.01 03/18/05 MASTER DISTRIBUTION SYSTEMS, INC. 1.01,5.02,9.01 03/14/05 MASTERCARD INC DE 5.02 03/17/05 MASTR Adjustable Rate Mortgages 2004- DE 8.01,9.01 12/27/04 AMEND MAXXON INC 5.02 03/17/05 MDU COMMUNICATIONS INTERNATIONAL INC DE 7.01 03/21/05 MED-DESIGN CORP 3.01 03/16/05 MEDICAL MAKEOVER CORP OF AMERICA DE 5.02,9.01 03/14/05 MEDICIS PHARMACEUTICAL CORP DE 1.01,9.01 03/20/05 MEDINA INTERNATIONAL CORP 1.01,5.03,9.01 02/25/05 MEDTOX SCIENTIFIC INC DE 1.01 03/18/05 MELLON BANK N A MA 8.01,9.01 03/07/05 MELLON FINANCIAL CORP PA 1.01,9.01 03/16/05 METRETEK TECHNOLOGIES INC DE 2.02,9.01 03/21/05 METROPOLITAN HEALTH NETWORKS INC FL 8.01,9.01 03/17/05 MICHAELS STORES INC DE 1.01,9.01 01/21/05 MICROFIELD GROUP INC OR 5.03,9.01 09/08/04 AMEND MICRON ENVIRO SYSTEMS INC NV 8.01 03/15/05 MK RESOURCES CO DE 8.01,9.01 03/18/05 MOLECULAR IMAGING CORP DE 1.01 03/21/05 MOLEX INC DE 7.01,9.01 03/21/05 MOMENTA PHARMACEUTICALS INC DE 1.01,5.02 03/16/05 Morgan Stanley Capital I Trust 2005 H DE 8.01,9.01 03/18/05 MOSAIC CO 4.01,9.01 03/11/05 AMEND MOVING BYTES INC 1.01,1.02,3.02,4.01,5.01,5.02 03/15/05 MUNICIPAL MORTGAGE & EQUITY LLC DE 2.02,9.01 03/16/05 MUNICIPAL MORTGAGE & EQUITY LLC DE 5.02 03/13/05 MYKROLIS CORP DE 1.01,2.02,9.01 03/21/05 National Investment Managers Inc. FL 8.01 03/15/05 NATURAL GAS SYSTEMS INC/NEW NV 2.03,3.02,9.01 03/16/05 Navidec Financial Services, Inc. CO 4.01,9.01 03/07/05 AMEND NDCHEALTH CORP DE 2.02,9.01 03/21/05 NEKTAR THERAPEUTICS DE 1.01 01/25/05 NEKTAR THERAPEUTICS DE 1.01,5.02,9.01 03/15/05 NEOWARE SYSTEMS INC DE 1.01,5.02,9.01 03/21/05 NETBANK INC GA 7.01,9.01 03/18/05 NEW VALLEY CORP DE 1.01 03/15/05 NEWS CORP 8.01,9.01 03/21/05 NII HOLDINGS INC DE 8.01,9.01 03/18/05 NIKE INC OR 2.02,9.01 03/17/05 NORTHWESTERN CORP DE 8.01,9.01 03/20/05 NOVASTAR FINANCIAL INC MD 1.01,2.03 03/15/05 O A K FINANCIAL CORP MI 7.01,9.01 03/21/05 ONEOK INC /NEW/ OK 8.01,9.01 03/21/05 OPINION RESEARCH CORP DE 1.01,1.02,2.03,9.01 03/15/05 Orange Hospitality, INC MD 1.02,5.02 03/09/05 OSI PHARMACEUTICALS INC DE 1.01,9.01 03/15/05 P&F INDUSTRIES INC DE 5.03,9.01 03/16/05 PACE MEDICAL INC MA 4.01,9.01 03/17/05 PANAMERICAN BANCORP DE 3.02 01/28/05 PARAGON FINANCIAL CORP DE 5.02,9.01 03/21/05 PAVILION BANCORP INC 7.01,9.01 03/21/05 PAYCHEX INC DE 2.02,9.01 03/21/05 PC CONNECTION INC DE 1.01 03/15/05 PC MALL INC DE 8.01,9.01 03/21/05 PENDER INTERNATIONAL INC DE 4.01 03/03/05 PEOPLES CHOICE HOME LOAN SECURITIES T 8.01,9.01 12/27/04 AMEND PEOPLES CHOICE HOME LOAN SECURITIES T 8.01,9.01 12/27/04 AMEND PEOPLES CHOICE HOME LOAN SECURITIES T 8.01,9.01 09/27/04 AMEND PEPCO HOLDINGS INC DE 7.01,9.01 03/21/05 PERFORMANCE FOOD GROUP CO TN 1.01,9.01 03/15/05 PERMA FIX ENVIRONMENTAL SERVICES INC DE 2.02,9.01 03/21/05 PHARMACEUTICAL FORMULATIONS INC DE 5.02,7.01 03/18/05 PHARMANETICS INC NC 8.01 03/18/05 PHOTOMEDEX INC DE 8.01,9.01 03/18/05 PINNACLE BANCSHARES INC AL 2.02,9.01 03/21/05 PINNACLE ENTERTAINMENT INC DE 1.01,8.01,9.01 03/15/05 PINNACLE SYSTEMS INC CA 8.01,9.01 03/20/05 PLY GEM HOLDINGS INC DE 2.02,4.02,9.01 03/18/05 PMA CAPITAL CORP PA 1.01 03/15/05 POLYMER GROUP INC DE 8.01,9.01 03/18/05 POLYMER GROUP INC DE 1.01,9.01 03/16/05 POPULAR ABS, INC. DE 8.01,9.01 03/17/05 PORTSMOUTH SQUARE INC CA 8.01 03/15/05 PRICE COMMUNICATIONS CORP NY 2.02,9.01 03/21/05 PROCOREGROUP INC CA 2.01,3.02,5.01,5.02 03/17/05 PROLOGIS MD 1.01,5.03,9.01 03/15/05 PROVINCE HEALTHCARE CO DE 7.01,9.01 03/21/05 PROVO INTERNATIONAL INC DE 7.01,9.01 11/23/04 PSB HOLDINGS INC /WI/ WI 1.01 03/21/05 QUANTUM FUEL SYSTEMS TECHNOLOGIES WOR DE 9.01 03/03/05 AMEND QUEST OIL CORP NV 1.02,5.02,8.01,9.01 12/31/04 QUIET TIGER INC NV 1.01,9.01 03/18/05 RAMBUS INC DE 1.01,7.01,9.01 03/21/05 RANCON INCOME FUND I CA 1.01,2.01,9.01 03/15/05 RESIDENTIAL ASSET MORTGAGE PRODUCTS I DE 8.01,9.01 03/21/05 RESIDENTIAL ASSET MORTGAGE PRODUCTS I DE 9.01 03/21/05 RETEK INC DE 1.01,9.01 03/16/05 RETRACTABLE TECHNOLOGIES INC TX 5.02,8.01 03/15/05 RIGGS NATIONAL CORP DE 5.03,9.01 03/15/05 RIVER VALLEY BANCORP IN 1.01,5.02,9.01 11/16/04 ROO GROUP INC DE 3.02,9.01 03/17/05 ROWAN COMPANIES INC DE 8.01,9.01 03/21/05 ROYAL CARIBBEAN CRUISES LTD 5.02,9.01 03/18/05 RURBAN FINANCIAL CORP OH 1.01,9.01 03/15/05 SAKS CREDIT CARD MASTER TRUST NV 9.01 03/15/05 SALMON EXPRESS INC NV 4.01,9.01 09/17/04 AMEND SANTA FE FINANCIAL CORP NV 8.01 03/15/05 SCANSOURCE INC SC 1.01 03/17/05 SCIENCE APPLICATIONS INTERNATIONAL CO DE 2.01,9.01 03/18/05 SCOTIA PACIFIC CO LLC DE 8.01 03/21/04 SHIRE PHARMACEUTICALS GROUP PLC 8.01,9.01 03/21/05 SHOE PAVILION INC DE 2.02,4.02,9.01 03/17/05 SI Financial Group, Inc. X1 4.01,9.01 03/15/05 SIGMATEL INC DE 1.01 03/21/05 SIRF TECHNOLOGY HOLDINGS INC 5.02 03/16/05 SIZELER PROPERTY INVESTORS INC DE 8.01,9.01 03/21/05 SMART & FINAL INC/DE DE 8.01 03/17/05 SOUTHERN CALIFORNIA EDISON CO CA 5.02 03/15/05 SOUTHFIRST BANCSHARES INC DE 5.02,9.01 03/18/05 SRI SURGICAL EXPRESS INC FL 2.02,2.06,5.02,9.01 03/14/05 STAGE STORES INC NV 4.02,8.01,9.01 03/17/05 STATION CASINOS INC NV 8.01 03/21/05 STONEPATH GROUP INC DE 2.04 03/15/05 STRATUS SERVICES GROUP INC DE 8.01,9.01 03/16/05 SUBURBAN PROPANE PARTNERS LP DE 7.01,9.01 03/21/05 SUNCOAST BANCORP INC FL 1.01,9.01 03/15/05 SUNGARD DATA SYSTEMS INC DE 7.01,9.01 03/18/05 SUNGARD DATA SYSTEMS INC DE 7.01,9.01 03/21/05 SYNTROLEUM CORP DE 1.01,9.01 03/17/05 SYSCAN IMAGING INC DE 1.01,3.02,3.03,7.01,9.01 03/15/05 SYSTEMS EVOLUTION INC ID 2.01,9.01 07/27/04 AMEND TASER INTERNATIONAL INC 5.02,9.01 03/21/05 TECHTEAM GLOBAL INC DE 1.01,2.01,9.01 01/03/05 AMEND TELEPHONE & DATA SYSTEMS INC /DE/ DE 8.01,9.01 03/21/05 TELULAR CORP DE 1.01,9.01 03/17/05 TESSERA TECHNOLOGIES INC DE 7.01,9.01 03/21/05 TEXTRON INC DE 2.06,7.01,9.01 03/17/05 THORNBURG MORTGAGE INC MD 8.01,9.01 03/17/05 TIMCO AVIATION SERVICES INC DE 1.01,3.02,9.01 03/15/05 TOMS FOODS INC DE 2.04 03/14/05 TRI-CONTINENTAL CORP MD 7.01,9.01 03/21/05 TRICO MARINE SERVICES INC DE 5.05,9.01 03/15/05 TRICO MARINE SERVICES INC DE 9.01 03/15/05 AMEND TRIZETTO GROUP INC DE 5.02,9.01 03/21/05 UFP TECHNOLOGIES INC DE 2.02,9.01 03/17/05 ULTRALIFE BATTERIES INC DE 7.01,9.01 03/21/05 UNITED GUARDIAN INC DE 2.02,9.01 12/31/04 UNIVERSAL FLIRTS CORP. DE 7.01 03/18/05 Universal Truckload Services, Inc. MI 2.02,9.01 03/21/05 US 1 INDUSTRIES INC IN 8.01 12/31/04 US BANCORP \DE\ DE 1.01 03/14/05 US ENERGY CORP WY 8.01 03/17/05 USA Mobility, Inc DE 2.02,7.01,9.01 03/17/05 VAIL BANKS INC CO 5.02 03/21/05 VECTOR GROUP LTD DE 1.01 03/15/05 VERILINK CORP DE 1.01,1.02,2.03,3.02,8.01,9.01 03/20/05 VERSANT CORP CA 3.01,9.01 03/16/05 VERSO TECHNOLOGIES INC MN 1.01,3.02,5.02,9.01 03/15/05 VICORP RESTAURANTS INC CO 2.02,9.01 03/21/05 VIEWPOINT CORP DE 2.01,9.01 01/03/05 AMEND VIKING CAPITAL GROUP INC UT 1.01,3.02 03/16/05 VION PHARMACEUTICALS INC DE 8.01,9.01 03/21/05 VISTACARE, INC. DE 5.02,9.01 03/15/05 VISTULA COMMUNICATIONS SERVICES INC DE 1.01,2.01,2.03,3.02,9.01 03/15/05 VISX INC DE 8.01,9.01 03/21/05 VOICE MOBILITY INTERNATIONAL INC NV 7.01,9.01 03/21/05 VOLKSWAGEN AUTO LEASE TRUST 2002-A 8.01,9.01 03/21/05 Volkswagen Auto Lease Trust 2004-A DE 8.01,9.01 03/21/05 Volkswagen Auto Lease Trust 2005-A 8.01,9.01 03/21/05 VOLKSWAGEN AUTO LOAN ENHANCED TRUST 2 8.01,9.01 03/21/05 VOLKSWAGEN DEALER FINANCE LLC DE 8.01,9.01 03/21/05 VOLKSWAGEN PUBLIC AUTO LOAN SECURITIZ 8.01,9.01 03/21/05 WACHOVIA COMM MORT SEC INC COM MORT P NC 8.01,9.01 03/15/05 WACHOVIA COMMERCIAL MORT PASS THRU CE NC 8.01,9.01 03/15/05 WACHOVIA COMMERCIAL MORT PASS THRU CE NC 8.01,9.01 03/15/05 WACHOVIA COMMERCIAL MORT SEC INC PAS NC 8.01,9.01 03/15/05 WACHOVIA COMMERCIAL MORT SEC INC COM NC 8.01,9.01 03/15/05 WALGREEN CO IL 4.02,9.01 02/21/05 WASHINGTON MUTUAL MORTGAGE SECURITIES DE 9.01 03/18/05 WELLPOINT INC IN 1.01,7.01 03/15/05 WELLS REAL ESTATE FUND IX LP GA 2.01,9.01 03/15/05 WELLS REAL ESTATE FUND X L P GA 2.01,9.01 03/15/05 WELLS REAL ESTATE FUND XI L P GA 2.01,9.01 03/15/05 WESCORP ENERGY INC DE 1.01,3.02,9.01 03/15/05 WEST METRO FINANCIAL SERVICES INC 1.01,9.01 03/15/05 WESTERN MEDIA GROUP CORP MN 4.01,9.01 03/16/05 WILLIAMS CONTROLS INC DE 8.01,9.01 03/21/05 WORLD FUEL SERVICES CORP FL 1.01 03/15/05 WYETH DE 7.01,9.01 03/21/05 YORK WATER CO PA 7.01,9.01 03/21/05 ZOLTEK COMPANIES INC DE 7.01,9.01 03/17/05