What's New in the Division of Corporation Finance
March 2009

Compliance and Disclosure Interpretations

• Exchange Act Rules (UPDATED 03/25/09)

Staff Disclosure Guidance

• Staff Observations in the Review of Smaller Reporting Company IPOs (March 4, 2009)

No-Action, Interpretive and Exemptive Letters

• Eastbourne Capital, L.L.C., March 30, 2009
   
• Icahn Associates Corp., March 30, 2009
   
• Mountain Valley Bancshares, Inc., March 30, 2009
   
• Sunshine Financial, Inc. and Sunshine Savings Bank 401(k) Profit Sharing Plan, March 30, 2009
   
• Minrad International, Inc., March 27, 2009
   
• Interlink Electronics, Inc., March 26, 2009
   
• Beverly Hills Bancorp Inc., March 13, 2009
   
• Automated Trading Desk Specialists, LLC, March 11, 2009
   
• MinnErgy, LLC, March 10, 2009
   
• TIAA-CREF U.S. Real Estate Fund I, L.P., March 10, 2009
   
• Metro One Telecommunications, Inc., March 4, 2009
   
• Willbros Group, Inc., February 27, 2009
   
• Citigroup Global Markets Inc., December 23, 2008
   
• Prudential Financial, Inc., September 4, 2008