SEC NEWS DIGEST


   Issue 2007-67                                           April 9, 2007



   ENFORCEMENT PROCEEDINGS


   MOTION BY DENNIS A. PEARSON, JR., FOR RECONSIDERATION DENIED

   The Commission has denied  a  motion  for  reconsideration,  filed  by
   Dennis A. Pearson, Jr., of a Commission opinion and  order  issued  in
   December 2006. The Commission had dismissed, in  its  earlier  opinion
   and order,  Pearson's  appeal  of  NASD  disciplinary  action  barring
   Pearson from association with any NASD member. The Commission observed
   that reconsideration motions are designed to correct  manifest  errors
   of law or fact or to  permit  the  presentation  of  newly  discovered
   evidence. The Commission concluded that Pearson's motion did not  meet
   the  "rigorous  standard  required  and  thus  affords  no  basis  for
   reconsideration . . . ." Rel. 34-55597; File No. 3-12229)

   SEC FILES EMERGENCY ACTION AGAINST ALEXIS AMPUDIA TO STOP AN  IDENTITY
   THEFT "PUMP AND DUMP" SCHEME

   The Commission announced that  it  obtained  a  temporary  restraining
   order and an emergency asset freeze  to  halt  a  market  manipulation
   scheme that used stolen identities of innocent victims  to  manipulate
   the markets.

   In an emergency federal court  action  filed  April  5,  in  the  U.S.
   District Court for the Southern District of New York,  the  Commission
   charged Alexis Ampudia, a 22-year old Panamanian citizen and  resident
   of Brooklyn, N.Y., with conducting a fraudulent scheme  involving  the
   manipulation of the prices of numerous securities by  using  brokerage
   accounts he had opened in the names of identity theft victims, without
   their  knowledge  or  consent.  The  Commission  alleges  that,  since
   November 2006, Ampudia made at least $140,000 in unlawful  profits  by
   manipulating  the  securities  of  at  least  five   publicly   traded
   companies.

   Acting on the Commission's  request,  the  Court  issued  a  temporary
   restraining order which, among other things,  prohibits  Ampudia  from
   further violations of the federal securities laws, freezes his  assets
   and orders the repatriation of funds taken out of the United States.

   The Commission's complaint alleges that Ampudia first purchased shares
   of small, thinly-traded companies, with low share prices, through  his
   own online trading account.  Immediately  or  soon  thereafter,  using
   online brokerage accounts Ampudia had opened in the names of  identity
   theft victims, Ampudia placed a series of large  purchase  orders  for
   the  targeted  securities,  for  the  sole  purpose  of   artificially
   increasing the price of the securities he had just purchased at  lower
   prices.  These  purchases  created  buying  pressure  and  the   false
   appearance of legitimate trading activity, which caused the  price  of
   the securities to greatly increase. Ampudia then, at  a  profit,  sold
   the shares he had earlier purchased in his own account.

   The complaint charges Ampudia with  violating  Section  17(a)  of  the
   Securities Act of 1933, Section 10(b) of the Securities  Exchange  Act
   of 1934 and Exchange Act Rule 10b-5. The Commission's complaint  seeks
   permanent injunctions  against  future  violations  of  the  foregoing
   federal securities laws, disgorgement of ill-gotten  gains  plus  pre-
   judgment interest thereon, and civil penalties.

   The Commission acknowledges the assistance  of  the  New  York  County
   District Attorney's Office,  New  York  City  Police  Department,  and
   United States Secret Service in this matter. [SEC v.  Alexis  Ampudia,
   a/k/a Alexis Geancarlos Ampudia  Navalo,  a/k/a  Alexis  Emias,  a/k/a
   Alexis Rojas, Civil No. 07-CV-2762, HB, S.D.N.Y., filed April 5, 2007]
   (LR-20071)

   COURT ENTERS FINAL JUDGMENT SETTING CIVIL  PENALTY  AGAINST  DEFENDANT
   ROBERT COURNOYER;  DISMISSES  ITS  DISGORGEMENT  CLAIM  AS  TO  RELIEF
   DEFENDANT OCEANMARK CONSULTING GROUP, INC.

   The Commission announced that on Dec. 15, 2006,  the  Honorable  James
   Lawrence King, United States District Judge for the Southern  District
   of Florida entered a Final Judgment ordering Robert Cournoyer to pay a
   civil  penalty  of  $1,188,599.27.  Previously  on  March   4,   2004,
   Cournoyer,  without  admitting  or  denying  the  allegations  of  the
   Commission's complaint against him, consented to the entry of an order
   enjoining him from future violations of Sections 5(a), 5(c), and 17(a)
   of the Securities Act of 1933 and Sections 20(a), 15(a)(1)  and  10(b)
   of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder.  The
   judgment also barred Cournoyer from participating in any offering of a
   penny stock. In addition, because Cournoyer  agreed  to  disgorge  his
   ill-gotten gains to the court-appointed receiver, on  March  3,  2004,
   the Commission's claim for disgorgement against him was dismissed with
   prejudice. Furthermore,  the  Commission  dismissed  its  disgorgement
   claim as to relief defendant Oceanmark Consulting Group, Inc. on April
   3, 2007. [SEC v. GetAnswers, Inc., et al., Case No. 03-20048-CIV-KING,
   S.D. Fla] (LR-20072)

   COMMISSION FILES EMERGENCY ACTION TO HALT  THE  UNREGISTERED  SALE  OF
   SECURITIES BY GLOBAL ONLINE DIRECT, INC., TO  FREEZE  ASSETS,  AND  TO
   APPOINT A  CORPORATE  MONITOR  TO  OVERSEE  THE  RETURN  OF  FUNDS  TO
   INVESTORS

   The Commission announced today that it filed a complaint on April 5 in
   the United States District Court for the Northern District of  Georgia
   to halt the sale of unregistered securities by Global  Online  Direct,
   Inc., a Nevada corporation  headquartered  in  Union,  Ore.,  and  its
   principals, Bryant E. Behrmann of Las Vegas, Nev., and Larry "Buck" E.
   Hunter of La Grande, Ore.

   In the complaint, the Commission charges that, since at least  October
   2005, Global, Behrmann  and  Hunter  have  conducted  an  unregistered
   offering of securities through the provision of interests in  Global's
   "Secured Profit Inventory Program" (SPIP). The complaint alleges  that
   Global, Behrmann and Hunter primarily promoted Global's  SPIP  through
   the internet and solicited investors to "loan" Global funds for a term
   of one-year in exchange for  promised  daily  interest  payments.  The
   greater the amount of the purported loan,  the  greater  the  interest
   payments Global offered to investors. Global initially  offered  daily
   interest rates to investors of 0.20% per day for amounts up  to  $100,
   which it referred to as the "Start-Up" plan, and for investors willing
   to invest $10,000 or more, they could  participate  in  Global's  "Big
   Dawgs Club" and receive 1.00% daily interest. Global  further  offered
   investors the ability to lock-up access to their interest payments for
   one-year in exchange  for  100%  daily  compounding  on  all  interest
   payments. Global therefore offered investors effective annual rates of
   return of more than 1,100%. In order to generate revenue sufficient to
   pay investors their promised returns, Global claimed to pool  investor
   proceeds to purchase discounted and low-cost inventory,  which  Global
   then purported to resell  through  various  online  auction  websites,
   including Ebay and Yahoo! Auctions, as well as through  flea  markets,
   street sales and retail storefronts. From October 2005  through  March
   2007, the complaint  alleges  that  Global  raised  approximately  $15
   million from more than 8,000 investors.

   The Commission's complaint alleges that Global,  Behrmann  and  Hunter
   violated the securities registration provisions of Sections  5(a)  and
   (c) of the Securities Act of 1933 and seeks preliminary and  permanent
   injunctions, an accounting, a partial  asset  freeze  against  Global,
   disgorgement of  ill-gotten  gains,  prejudgment  interest  and  civil
   penalties against Global, Behrmann and Hunter, and the appointment  by
   the Court of an independent  corporate  monitor  to  oversee  Global's
   ongoing business operations.

   Without admitting or denying the allegations of the complaint, Global,
   Behrmann  and  Hunter  consented  to  the  Commission's  request   for
   preliminary injunctive relief, a partial asset freeze against  Global,
   and the appointment of a corporate monitor to oversee Global's ongoing
   business operations. On April 5, on the basis of defendants'  consent,
   the Court issued an Order Granting Preliminary Injunction and Ordering
   Other Ancillary Relief. The  litigation  remains  pending  as  to  all
   parties. [SEC v. Global Online Direct, Inc., Bryant E.  Behrmann,  and
   Larry "Buck" E. Hunter, Civil Action No 1:07-CV-0767 (N.D.  Ga.  April
   5, 2007)] (LR-20073)

   NOTICE OF PROPOSED DISTRIBUTION OF $375  MILLION  FAIR  FUND  FOR  THE
   BENEFIT OF FANNIE MAE INVESTORS

   On April 9, the Securities and Exchange Commission filed an  unopposed
   motion for an order authorizing the Commission  to  establish  a  Fair
   Fund Distribution Fund pursuant to Section  308(a)  of  the  Sarbanes-
   Oxley Act, in the amount of approximately $357 million presently being
   held in the Court Registry Investment System  account  in  this  case;
   approving the Commission's proposed Distribution Plan; and  appointing
   Rust Consulting as Distribution Agent for the  Fair  Fund.  Under  the
   proposed  distribution  plan,  potentially  eligible  claimants   will
   include persons or entities that purchased Fannie Mae Common or  Class
   N Preferred stock during the period beginning Jan. 14,  1999,  through
   Dec. 22, 2004. For additional information, see Litigation Release  No.
   19710 (May 23, 2006). [SEC v. Federal National  Mortgage  Association,
   Civil Action No. 1:06-CV-00959, RJL, D.D.C.] (LR-20074)


   INVESTMENT COMPANY ACT RELEASES


   FORWARD FUNDS, ET AL.

   A notice has been issued giving interested persons until April  30  to
   request hearing on an application filed by Forward Funds, et  al.  for
   an order granting an exemption from Section 15(a)  of  the  Investment
   Company Act and Rule 18f-2 under  the  Act.  The  order  would  permit
   certain registered open-end management investment companies  to  enter
   into and materially amend subadvisory agreements  without  shareholder
   approval. (Rel. IC-27777 - April 5)

   METLIFE INSURANCE COMPANY OF CONNECTICUT, ET AL.

   A notice has been issued giving interested persons until April  27  to
   request a hearing on an application filed by MetLife Insurance Company
   of Connecticut, et al. for an order pursuant to  Section  26  of  the
   Investment Company Act approving certain substitutions  of  securities
   and an order pursuant to Section 17(b) of the Act exempting them  from
   provisions of Section 17(a) of  the  Act  to  permit  certain  in-kind
   transactions in connection with the substitutions.l (Rel.  IC-27778  -
   April 6)


   SELF-REGULATORY ORGANIZATIONS


   IMMEDIATE EFFECTIVENESS OF PROPOSED RULE CHANGES

   A proposed rule change (SR-NASDAQ-2007-038) filed by The NASDAQ  Stock
   Market to modify Nasdaq Market Center fees 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
   April 9. (Rel. 34-55588)

   A proposed rule  change  filed  by  the  Philadelphia  Stock  Exchange
   relating to  ratio  spreads  (SR-Phlx-2007-30)  has  become  effective
   pursuant to Section 19(b)(3)(A) of  the  Securities  Exchange  Act  of
   1934. Publication is expected in the Federal Register during the  week
   of April 9. (Rel. 34-55591)

   PROPOSED RULE CHANGE

   The International Securities Exchange filed  a  proposed  rule  change
   (SR-ISE-2007-18) under Rule 19b-4 of the Securities  Exchange  Act  of
   1934 relating to customer orders  on  the  book.  Publication  of  the
   proposal is expected in the Federal Register during the week of  April
   9. (Rel. 34-55589)

   APPROVAL OF PROPOSED RULE CHANGES

   The Commission approved  a  proposed  rule  change  submitted  by  the
   Chicago Stock Exchange (SR-CHX-2006-38) to  extend  the  late  trading
   session and to permit only the execution of cross orders  during  that
   session. Publication is expected in the Federal  Register  during  the
   week of April 9. (Rel. 34-55584)

   The Commission approved a proposed rule change  (SR-NYSE-2006-75)  and
   Amendment No. 1 thereto, submitted under Rule 19b-4 of the  Securities
   Exchange Act of 1934 by the New York Stock Exchange to list and  trade
   four iShares GS Commodity Indexed Trusts. (Rel. 34-55585)


   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:
   <publicinfo@sec.gov>.  In  most  cases,  this  information   is   also
   available on the Commission's website: <www.sec.gov>.

S-8     GYMBOREE CORP, 500 HOWARD STREET, SAN FRANCISCO, CA, 94105, 
        415-278-7000 - 0 ($32,074,935.00) Equity, (File 333-141928 - Apr. 6) 
        (BR. 02B)

SB-2    Cyberspace Vita, Inc., 74090 EL PASEO, SUITE 200, PALM DESERT, DE, 
        92260, 8884106466 - 100,000 ($10.70) Equity, (File 333-141929 - Apr. 6) 
        (BR. 08)

S-3     SLM FUNDING LLC, 11600 SALLIE MAE DRIVE, 1ST FLOOR, RESTON, VA, 20193, 
        703-810-3000 - 1,000,000 ($1,000,000.00) Asset-Backed Securities, 
        (File 333-141930 - Apr. 6) (BR. 05D)

SB-2    AURIGA LABORATORIES, INC., 2029 CENTURY PARK EAST, SUITE 1130, 
        LOS ANGELES, CA, 90067, 6782821600 - 0 ($25,757,938.00) Equity, 
        (File 333-141931 - Apr. 6) (BR. 01A)

S-1     FIRST NATIONAL BANCSHARES INC /SC/, 215 N. PINE STREET, SPARTANBURG, 
        SC, 29302, 8649489001 - 0 ($23,000,000.00) Equity, (File 333-141932 - 
        Apr. 6) (BR. 07C)

S-8     QUANTITATIVE METHODS CORP, 203-6200 TASCHEREAU BLVD EAST, 
        BROSSARD QUEBEC CANA, A1, J4W 3J8, 8014857775 - 
        0 ($3,325,000.00) Equity, (File 333-141933 - Apr. 6) (BR. 09B)

S-8     MARKWEST HYDROCARBON INC, 1515 ARAPAHOE STREET, TOWER 2, SUITE 700, 
        DENVER, CO, 80202-2126, 303-925-9200 - 0 ($62,330,000.00) Equity, 
        (File 333-141935 - Apr. 6) (BR. 04A)

SB-2    Peak Resources INC, 2103 TYRONE PLACE, PENTICTON, A1, V2A8Z2, 
        2504903378 - 2,853,334 ($142,666.70) Equity, (File 333-141936 - Apr. 6) 
        (BR. 04)

SB-2    Reel Magic Productions, 4754 EAST FLAMINGO RD. STE 777, LAS VEGAS, NV, 
        89121, 702-496-3456 - 10,000,000 ($25,000,000.00) Equity, 
        (File 333-141937 - Apr. 6) (BR. 05)

S-3     GREATER COMMUNITY BANCORP, 55 UNION BLVD, BOX 269, TOTOWA, NJ, 
        07511-0269, 9739421111 - 600,000 ($10,260,000.00) Other, 
        (File 333-141938 - Apr. 6) (BR. 07C)

S-4     USG CORP, 125 SOUTH FRANKLIN STREET, DEPARTMENT 188, CHICAGO, IL, 
        60606, 312-606-4000 - 0 ($500,000,000.00) Non-Convertible Debt, 
        (File 333-141940 - Apr. 6) (BR. 06A)

S-8     MARSHALL & ILSLEY CORP/WI/, ATTN: OFFICE OF THE GENERAL COUNSEL, 
        770 NORTH WATER STREET, MILWAUKEE, WI, 53202, 4147657801 - 
        17,973,261 ($802,885,343.50) Equity, (File 333-141942 - Apr. 6) 
        (BR. 07A)

S-8     NETWORK CN INC, 21/F CHINACHEM CENTURY TOWER, 178 GLOUCESTER ROAD, 
        WANCHAI, HONG KONG, K3, 00000, 852 2833 2186 - 
        7,725,000 ($23,272,500.00) Equity, (File 333-141943 - Apr. 6) (BR. 09B)

S-8     PEETS COFFEE & TEA INC, PO BOX 12509, BERKELEY, CA, 94712, 5105942100 - 
        4,515,000 ($123,214,350.00) Equity, (File 333-141944 - Apr. 6) (BR. 04C)

S-8     CISCO SYSTEMS INC, 170 WEST TASMAN DR, SAN JOSE, CA, 95134-1706, 
        4085264000 - 0 ($10,996,564.04) Equity, (File 333-141945 - Apr. 6) 
        (BR. 03C)

S-3     GENOMIC HEALTH INC, 301 PENOBSCOT DRIVE, REDWOOD CITY, CA, 94063, 
        650-556-9300 - 0 ($100,000,000.00) Other, (File 333-141946 - Apr. 6) 
        (BR. 09A)

S-3     COLLAGENEX PHARMACEUTICALS INC, 41 UNIVERSITY DRIVE, NEWTON, PA, 18940, 
        2155797388 - 0 ($100,000,000.00) Other, (File 333-141947 - Apr. 6) 
        (BR. 01A)

S-3     BA Credit Card Funding, LLC, 214 NORTH TRYON STREET, CHARLOTTE, NC, 
        28255, 704-683-4915 - 1 ($1,000,000.00) Asset-Backed Securities, 
        (File 333-141948 - Apr. 6) (BR. 05D)

S-4     FBL FINANCIAL GROUP INC, 5400 UNIVERSITY AVE, WEST DES MOINES, IA, 
        50266, 5152255400 - 0 ($100,000,000.00) Debt, (File 333-141949 - 
        Apr. 6) (BR. 01A)

SB-2    CHINA DIGITAL MEDIA CORP, 2505-06, 25/F, STELUX HOUSE,, 
        698 PRINCE EDWARD ROAD EAST, KOWLOON, HONG KONG, F4, 510000, 
        852-2390-8688 - 26,459,576 ($13,229,788.00) Equity, (File 333-141950 - 
        Apr. 6) (BR. 11A)

S-3     SYNTAX-BRILLIAN CORP, 1600 NORTH DESERT DRIVE, TEMPE, AZ, 85281-1230, 
        6023898888 - 0 ($277,860,000.00) Equity, (File 333-141951 - Apr. 6) 
        (BR. 11C)

S-1     VIRTUSA CORP, 2000 WEST PARK DRIVE, WESTBOROUGH, MA, 01581, 
        508-389-7202 - 0 ($92,000,000.00) Equity, (File 333-141952 - Apr. 6) 
        (BR. )

S-1     UCN INC, 14870 PONY EXPRESS ROAD, NONE, BLUFFDALE, UT, 84065, 
        (801) 320-3300 - 55,000 ($217,250.00) Equity, (File 333-141953 - 
        Apr. 6) (BR. 11A)

S-8     MICROISLET INC, 6370 NANCY RIDGE DRIVE, SUITE 112, SAN DIEGO, CA, 
        92121, 858-657-0287 - 1,000,000 ($460,000.00) Equity, 
        (File 333-141954 - Apr. 6) (BR. 01B)

S-4     1st Pacific Bancorp, 4275 EXECUTIVE SQUARE, SUITE 650, LA JOLLA, CA, 
        92037, 8588752000 - 0 ($17,809,546.00) Equity, (File 333-141955 - 
        Apr. 6) (BR. 07)

SB-2    Akeena Solar, Inc., 605 UNIVERSITY AVENUE, LOS GATOS, CA, 95032, 
        408-395-7774 - 0 ($6,846,703.00) Equity, (File 333-141956 - Apr. 6) 
        (BR. 02A)


RECENT 8K FILINGS


Form 8-K is used by companies to file current reports on the following events:
	
1.01	Entry into a Material Definitive Agreement		
1.02	Termination of a Material Definitive Agreement		
1.03	Bankruptcy or Receivership	
2.01	Completion of Acquisition or Disposition of Assets	
2.02	Results of Operations and Financial Condition	
2.03	Creation of a Direct Financial Obligation or an Obligation under an 
	Off-Balance Sheet Arrangement of a Registrant		
2.04	Triggering Events That Accelerate or Increase a Direct Financial Obligation 
	under an Off-Balance Sheet Arrangement		
2.05	Cost Associated with Exit or Disposal Activities		
2.06	Material Impairments		
3.01	Notice of Delisting or Failure to Satisfy a Continued Listing Rule or 
	Standard; Transfer of Listing		
3.02	Unregistered Sales of Equity Securities		
3.03	Material Modifications to Rights of Security Holders		
4.01	Changes in Registrant's Certifying Accountant	
4.02	Non-Reliance on Previously Issued Financial Statements or a Related Audit
	Report or Completed Interim Review		
5.01	Changes in Control of Registrant	
5.02	Departure of Directors or Principal Officers; Election of Directors; 
	Appointment of Principal Officers	
5.03	Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
5.04	Temporary Suspension of Trading Under Registrant's Employee Benefit Plans
5.05	Amendments to the Registrant's Code of Ethics, or Waiver of a 
	Provision of the Code of Ethics	
6.01. 	ABS Informational and Computational Material.
6.02.  	Change of Servicer or Trustee.
6.03.  	Change in Credit Enhancement or Other External Support.
6.04. 	Failure to Make a Required Distribution.
6.05.  	Securities Act Updating Disclosure.
7.01	Regulation FD Disclosure	
8.01	Other Events	
9.01	Financial Statements and Exhibits	

   8-K  reports  may  be  obtained  in  person  or  by  writing  to   the
   Commission's  Public  Reference  Branch  at  100   F   Street,   N.E.,
   Washington, D.C. 20549-1090 or at the following  e-mail  box  address:
   <publicinfo@sec.gov>.  In  most  cases,  this  information   is   also
   available on the Commission's website: <www.sec.gov>.


				      STATE     8K ITEM NO.
NAME OF ISSUER                        CODE   			    	        DATE     COMMENT

1ST INDEPENDENCE FINANCIAL GROUP, INC   DE       5.02                                   04/06/07

ACCURAY INC                             CA       1.01                                   04/01/07

ACTIS GLOBAL VENTURES INC               NV       1.01,9.01                              04/05/07

ADVANCED MAGNETICS INC                  DE       5.02,9.01                              04/02/07

AFFYMAX INC                                      2.02,9.01                              04/02/07

AKSYS LTD                               DE       8.01                                   03/28/07

ALASKA AIR GROUP INC                    DE       7.01                                   04/06/07

ALTEON INC /DE                          DE       1.01                                   04/02/07

ALTIGEN COMMUNICATIONS INC                       5.02,9.01                              04/02/07

AMBASSADORS INTERNATIONAL INC           DE       2.01,9.01                              04/02/07

AMERICAN HOME MORTGAGE INVESTMENT COR   MD       2.02,9.01                              04/06/07

ANALYTICAL SURVEYS INC                  CO       1.02,2.04,3.01,8.01,9.01               04/02/07

Andover Medical, Inc.                   DE       3.02,9.01                              03/29/07

ANGELICA CORP /NEW/                     MO       1.01,9.01                              04/05/07

APTIMUS INC                             WA       3.01,9.01                              04/06/07

ARIAD PHARMACEUTICALS INC               DE       8.01,9.01                              04/05/07

ASCENDANT SOLUTIONS INC                 DE       4.02                                   04/05/07

ASIAN DRAGON GROUP INC.                 NV       1.01,3.02,5.02,8.01,9.01               04/06/07

Axion Power International, Inc.         DE       4.02                                   04/03/07

Banc of America Funding 2007-2 Trust    DE       6.02                                   04/02/07

Banc of America Funding 2007-A Trust    DE       8.01,9.01                              01/31/07    AMEND

BANDAG INC                              IA       8.01,9.01                              04/03/07

BEA SYSTEMS INC                         DE       3.01,9.01                              04/04/07

BEHRINGER HARVARD REIT I INC            MD       1.01,7.01                              04/06/07

Benda Pharmaceutical, Inc.              MN       1.01,2.01,3.02,9.01                    04/05/07

BIODELIVERY SCIENCES INTERNATIONAL IN   DE       1.01,2.03,9.01                         03/30/07

BLUEGREEN CORP                          MA       2.03                                   04/06/07

BRIDGE BANCORP INC                      NY       5.02                                   04/04/07

BRISTOL MYERS SQUIBB CO                 DE       8.01,9.01                              02/26/07

BROWN FORMAN CORP                       DE       7.01,9.01                              04/05/07

CALYPTE BIOMEDICAL CORP                 DE       7.01,9.01                              04/05/07

CAPTECH FINANCIAL GROUP, INC            FL       1.02                                   04/05/07

CBRE Realty Finance Inc                          1.01,2.03,9.01                         04/02/07

CD 2007-CD4 Commercial Mortgage Trust   DE       1.01                                   03/29/07

CEDAR SHOPPING CENTERS INC              MD       1.01,9.01                              04/02/07

CELLCYTE GENETICS CORP                  NV       2.01,3.02,5.01,5.02,5.06,9.01          03/30/07

CENTERLINE HOLDING CO                   DE       5.03                                   04/02/07

CHASE BANK USA, NATIONAL ASSOCIATION    DE       8.01,9.01                              03/05/07

CHEMICAL FINANCIAL CORP                 MI       7.01                                   04/05/07

CHILDRENS INTERNET INC                  NV       1.01,9.01                              04/06/07

CINEMARK USA INC /TX                    TX       8.01,9.01                              04/03/07

CMALT (CitiMortgage Alternative Loan    DE       9.01                                   04/06/07    AMEND

CMALT (CitiMortgage Alternative Loan    DE       8.01,9.01                              04/06/07

COACTIVE MARKETING GROUP INC            DE       5.02,9.01                              04/02/07

COLUMBIA BANCORP \OR\                   OR       2.02,9.01                              04/06/07

COMMONWEALTH EDISON CO                  IL       5.02                                   04/02/07

CONCENTRA OPERATING CORP                NV       2.01,9.01                              04/02/07

CONSOLIDATED MEDICAL MANAGEMENT INC     MT       1.01,4.01                              04/05/07

CRESCENT REAL ESTATE EQUITIES CO        TX       1.02                                   04/02/07

CRESCENT REAL ESTATE EQUITIES LTD PAR   DE       1.02                                   04/02/07

CSK AUTO CORP                           DE       2.02,7.01,9.01                         04/06/07

CUTERA INC                              DE       2.02,9.01                              04/05/07

DATASCOPE CORP                          DE       5.02,9.01                              04/03/07

DAVE & BUSTERS INC                      MO       5.02                                   04/05/07

DEMATCO INC                             DE       2.01                                   04/04/07

DigitalTown, Inc.                       MN       8.01                                   03/01/07

DISCOVERY LABORATORIES INC /DE/         DE       1.01,9.01                              04/02/07

DRAVCO MINING INC                       NV       1.02                                   04/02/07

DRESS BARN INC                          CT       8.01,9.01                              04/05/07

Dresser-Rand Group Inc.                 DE       7.01,9.01                              04/05/07

DYNEGY INC.                             DE       1.01,1.02,2.01,2.03,3.02,3.03,5.02,5.03,9.01   04/02/07

EBIX INC                                DE       2.02,7.01,9.01                         04/02/07

Eddie Bauer Holdings, Inc.              DE       1.01,2.03,3.02,9.01                    04/04/07

EMBARCADERO TECHNOLOGIES INC                     1.01,2.02,5.02,9.01                    04/05/07

EMC INSURANCE GROUP INC                 IA       5.02,9.01                              04/05/07

EMERSON RADIO CORP                      DE       5.02,9.01                              04/03/07

Endeavor Acquisition Corp.              DE       8.01,9.01                              04/04/07

ENERGY PARTNERS LTD                     DE       8.01,9.01                              04/05/07

Enstar Group LTD                        D0       5.02,9.01                              04/02/07

ENVIRONMENTAL SERVICE PROFESSIONALS,    NV       5.02                                   04/04/07

EPIX Pharmaceuticals, Inc.                       5.02,9.01                              04/05/07

EPLUS INC                               DE       3.01,7.01,9.01                         04/02/07

EQUICAP INC                             CA       4.01,9.01                              04/05/07

EQUINIX INC                             DE       2.03                                   04/02/07

EVEREST RE GROUP LTD                    D0       1.01,7.01,9.01                         04/05/07

FASTENAL CO                             MN       7.01,9.01                              04/05/07

FIRST INDIANA CORP                      IN       8.01,9.01                              04/06/07

FLOW INTERNATIONAL CORP                 WA       8.01,9.01                              04/06/07

Franklin Auto Trust 2007-1              DE       6.05,8.01,9.01                         04/06/07

FUSION TELECOMMUNICATIONS INTERNATION            8.01,9.01                              04/02/07

FUSION TELECOMMUNICATIONS INTERNATION            2.02,9.01                              04/02/07

FX ENERGY INC                           NV       1.01,3.03                              04/04/07

GAMETECH INTERNATIONAL INC              DE       5.02                                   04/06/07

GateHouse Media, Inc.                   DE       4.01                                   04/05/07

Georgetown Bancorp, Inc.                X1       5.02,9.01                              04/03/07

GLOBAL PAYMENTS INC                     GA       8.01,9.01                              04/05/07

GREENBRIER COMPANIES INC                DE       5.02                                   04/02/07

GSAMP Trust 2007-NC1                    DE       1.03,8.01                              02/20/07

GSE SYSTEMS INC                         DE       1.01,5.02,9.01                         04/06/07

GuangZhou Global Telecom, Inc.          FL       4.01,9.01                              04/04/07

HAIGHTS CROSS COMMUNICATIONS INC        DE       5.02,8.01,9.01                         04/02/07

HALLIBURTON CO                          DE       2.01,9.01                              04/05/07

HARTFORD LIFE INSURANCE CO              CT       9.01                                   04/06/07

HARTMAN COMMERCIAL PROPERTIES REIT      TX       7.01,9.01                              04/03/07

HAYNES INTERNATIONAL INC                DE       5.03,9.01                              04/04/07

HEALTH BENEFITS DIRECT CORP             DE       1.01,9.01                              04/05/07

HERSHA HOSPITALITY TRUST                MD       1.01,9.01                              04/05/07

Home Equity Mortgage Trust 2006-6       DE       7.01                                   04/06/07

HOMEBANC CORP                                    1.01,9.01                              03/30/07

HOMEBANC CORP                                    1.01,2.03,9.01                         03/30/07

HYDROGEN POWER INC                      DE       5.02                                   04/03/07

IDEX CORP /DE/                          DE       7.01,9.01                              04/04/07

IMAX CORP                               A6       1.01,7.01,9.01                         04/05/07

IMMUNICON CORP                                   1.01,7.01,9.01                         04/03/07

IMMUNOGEN INC                           MA       5.03,9.01                              04/04/07

IndyMac Home Equity Mortgage Loan Ass   DE       8.01,9.01                              03/23/07

INFINITY CAPITAL GROUP, INC.            NV       1.01,8.01,9.01                         03/28/07

Inland American Real Estate Trust, In   MD       1.01,9.01                              04/02/07

INPHONIC INC                                     3.01,9.01                              04/03/07

INTER TEL (DELAWARE), INC               DE       8.01,9.01                              04/05/07

INYX INC                                NV       8.01                                   03/30/07

INYX INC                                NV       4.02                                   04/02/07    AMEND

JACKSON HEWITT TAX SERVICE INC          DE       8.01,9.01                              04/05/07

JAG MEDIA HOLDINGS INC                  NV       1.01,2.03,9.01                         04/04/07

JDA SOFTWARE GROUP INC                  DE       5.02                                   03/13/07    AMEND

KBR, INC.                               DE       5.01,5.02                              04/05/07

KEANE, INC.                             MA       2.04,3.01                              04/02/07

KROGER CO                               OH       7.01,9.01                              04/06/07

LARGO VISTA GROUP LTD                   NV       7.01                                   03/20/07

LEHMAN ABS CORP CIT CAPITAL TR 1 SEC    DE       8.01                                   04/04/07

LEHMAN ABS CORP CORPORATE BACKED TRUS   DE       8.01                                   04/04/07

LEHMAN BROTHERS HOLDINGS INC            DE       9.01                                   03/30/07

Liberty Global, Inc.                             7.01                                   04/06/07

LOGIC DEVICES INC                       CA       4.01                                   04/03/07

LONGS DRUG STORES CORP                  MD       8.01,9.01                              04/05/07

LSI CORP                                DE       1.01,2.01,2.03,5.02,5.03,9.01          04/02/07

MAGELLAN MIDSTREAM PARTNERS LP          DE       2.04                                   04/03/07

MARLIN BUSINESS SERVICES CORP                    1.01,9.01                              04/02/07

MATRIA HEALTHCARE INC                   DE       5.02                                   02/15/07    AMEND

MedAire, Inc.                           NV       8.01                                   04/06/07

METHODE ELECTRONICS INC                 DE       1.01,9.01                              04/06/07

MICHAEL FOODS INC/NEW                   DE       1.01                                   04/02/07

MIDWEST BANC HOLDINGS INC               DE       1.01,7.01,9.01                         04/04/07

MONUMENTAL MARKETING INC                NV       1.01,9.01                              04/02/07

Morgan Stanley ABS Capital I Inc. Tru   DE       8.01,9.01                              03/30/05

Morningstar, Inc.                       IL       7.01                                   04/06/07

NANO CHEMICAL SYSTEMS HOLDINGS, INC.    NV       5.02,9.01                              03/30/07

NATIONAL RURAL UTILITIES COOPERATIVE    DC       8.01,9.01                              04/02/07

NEOMEDIA TECHNOLOGIES INC               DE       4.02                                   04/02/07

NEPHROS INC                             DE       5.05,9.01                              04/02/07

NETBANK INC                             GA       5.02,9.01                              04/02/07

NETLIST INC                             DE       1.01,2.03,9.01                         04/02/07

NEW CENTURY FINANCIAL CORP              MD       1.01,1.03,2.05,7.01,8.01,9.01          04/02/07

NEW RIVER PHARMACEUTICALS INC           VA       8.01,9.01                              04/03/07

NewGen Technologies, Inc                NV       1.01                                   04/04/07

Newport Gold, Inc.                      NV       8.01,9.01                              04/05/07

NNN 2003 VALUE FUND LLC                          7.01,9.01                              04/06/07

NNN Apartment REIT, Inc.                MD       5.02                                   04/06/07

NNN Healthcare/Office REIT, Inc.        MD       9.01                                   01/22/07    AMEND

NORAM CAPITAL HOLDINGS                  DE       3.02                                   04/02/07

NORTH AMERICAN TECHNOLOGIES GROUP INC            5.02                                   04/05/07

Northstar Neuroscience, Inc.            WA       5.02,9.01                              04/05/07

NORTHWEST PIPELINE CORP                 DE       1.01,2.03,9.01                         04/05/07

NS8 CORP                                DE       1.01,9.01                              03/30/07

NT TECHNOLOGIES, INC.                   NV       2.01,3.02,5.01,5.02,5.03,5.06,
                                                 8.01,9.01                              03/30/07

ONEIDA FINANCIAL CORP                   DE       8.01,9.01                              04/02/07

OSI RESTAURANT PARTNERS, INC.           DE       7.01,9.01                              04/05/07

OSI RESTAURANT PARTNERS, INC.           DE       2.02,9.01                              04/05/07

OXIS INTERNATIONAL INC                  DE       1.01                                   04/02/07

P F CHANGS CHINA BISTRO INC                      2.02,9.01                              04/04/07

Pacific Coast National Bancorp          CA       2.02,9.01                              04/05/07

PACIFIC SUNWEAR OF CALIFORNIA INC       CA       5.02                                   04/02/07

PAINCARE HOLDINGS INC                   CT       7.01,9.01                              04/06/07

PARAMOUNT GOLD MINING CORP.             DE       3.02,9.01                              03/30/07

PATRICK INDUSTRIES INC                  IN       4.01,9.01                              04/02/07

PAY88                                   NV       5.02                                   04/05/07

PDI INC                                          5.02,9.01                              04/06/07

PETROLEUM DEVELOPMENT CORP              NV       8.01,9.01                              04/06/07

Platinum Research Organization, Inc.    NV       8.01,9.01                              04/03/07

PROTECTION ONE INC                      DE       1.01,1.02,2.01,2.03,3.03,5.02,9.01     04/02/07

PROVIDENT FINANCIAL SERVICES INC        DE       8.01,9.01                              04/05/07

PURE VANILLA EXCHANGE INC               NV       1.01,2.03,3.02,7.01,9.01               03/30/07

Quadra Realty Trust, Inc.               MD       2.01                                   03/27/07

QUEST RESOURCE CORP                     NV       7.01                                   04/06/07

RAVEN GOLD CORP                         NV       4.02,9.01                              03/30/07

RECLAMATION CONSULTING & APPLICATIONS   CO       1.01,7.01,9.01                         03/29/07

REFAC OPTICAL GROUP                     DE       1.01,9.01                              04/02/07

REGIONAL BANKSHARES INC                 SC       8.01,9.01                              04/06/07

RELIABILITY INC                         TX       2.01,2.03,3.02,5.02,5.03,7.01,9.01     04/06/07

Remote Dynamics Inc                     DE       3.02,4.01,5.03,9.01                    03/23/07    AMEND

ROCKWELL AUTOMATION INC                 DE       5.02,9.01                              04/04/07

ROMA FINANCIAL CORP                     X1       8.01,9.01                              04/05/07

RYERSON INC.                            DE       8.01,9.01                              04/05/07

SAFLINK CORP                            DE       3.02                                   04/02/07

SANTA FE ENERGY TRUST                   TX       3.01                                   04/03/07

Securitized Asset Backed Receivables             8.01                                   04/02/07

Securitized Asset Backed Receivables             8.01                                   04/02/07

SENTO CORP                              UT       3.01,9.01                              04/02/07

SEQUENOM INC                            DE       5.02                                   04/03/07

SERVICE CORPORATION INTERNATIONAL       TX       7.01,9.01                              04/06/07

SERVICEMASTER CO                        DE       2.03                                   04/06/07

Shea Development Corp.                           5.02,9.01                              04/02/07

SHUFFLE MASTER INC                      MN       1.01,8.01,9.01                         04/06/07

SILICON IMAGE INC                       DE       2.02,5.02,9.01                         04/05/07

SILVERGRAPH INTERNATIONAL INC           NV       1.01,3.02,9.01                         04/06/07

SINCLAIR BROADCAST GROUP INC            MD       5.02                                   04/02/07

SIRVA INC                               DE       1.01,5.02,8.01,9.01                    03/30/07

SKYLINE CORP                            IN       2.02,9.01                              04/06/07

SL GREEN REALTY CORP                    MD       2.01,9.01                              01/25/07    AMEND

SMITH INTERNATIONAL INC                 DE       8.01                                   04/06/07

SOCKET COMMUNICATIONS INC               DE       5.02,9.01                              04/02/07

Solvis Group, Inc.                               4.01                                   04/06/07

Solvis Group, Inc.                               4.01                                   04/06/07    AMEND

SONIC SOLUTIONS/CA/                     CA       3.01,8.01,9.01                         04/02/07

SOURCEFIRE INC                          DE       2.02,9.01                              04/06/07

SOUTHCOAST FINANCIAL CORP               SC       4.01,9.01                              02/07/07    AMEND

SOUTHERN POWER CO                                8.01                                   03/29/07

SPACEHAB INC \WA\                       WA       5.02,9.01                              04/04/07

STAAR SURGICAL CO                       DE       5.02,8.01                              04/02/07

STARTEK INC                             DE       1.01                                   03/28/07

STRATAGENE  CORP                        DE       8.01,9.01                              04/06/07

SUPERGEN INC                            DE       2.01,9.01                              04/02/07

SYNIVERSE HOLDINGS INC                  DE       5.02,9.01                              04/02/07

TALEO CORP                              DE       5.02,9.01                              04/02/07

TALX CORP                               MO       8.01,9.01                              04/06/07

TECHNICAL COMMUNICATIONS CORP           MA       1.01,9.01                              04/04/07

TENET HEALTHCARE CORP                   NV       5.02                                   04/02/07

TESSERA TECHNOLOGIES INC                DE       5.02                                   04/06/07

THOMAS GROUP INC                        DE       8.01,9.01                              04/06/07

TIDEWATER INC                           DE       2.02,9.01                              04/05/07

TRI-CONTINENTAL CORP                    MD       7.01,9.01                              04/05/07

TRIPOS INC                              UT       1.02                                   04/02/07

UCN INC                                 DE       9.01                                   02/09/07    AMEND

UST INC                                 DE       5.02,9.01                              04/06/07

VALENCE TECHNOLOGY INC                  DE       3.02,9.01                              04/05/07

Valera Pharmaceuticals Inc                       3.01,9.01                              04/06/07

VALLEY NATIONAL BANCORP                 NJ       7.01,9.01                              04/05/07

VIKING SYSTEMS INC                      DE       1.01                                   04/04/07

Vistula Communications Services, Inc.   DE       1.01                                   04/02/07

VNUS MEDICAL TECHNOLOGIES INC                    5.02,9.01                              04/02/07

WaMu Asset-Backed Certificates, WaMu    DE       6.01                                   04/06/07

WATERFORD GAMING LLC                    DE       8.01                                   04/06/07

WEB.COM, INC.                           MN       5.03,9.01                              04/03/07

WEBMETHODS INC                          DE       1.01,3.03,8.01,9.01                    04/04/07

WENTWORTH IV INC                        DE       4.01,9.01                              04/02/07

WENTWORTH V INC                         DE       4.01,9.01                              04/02/07

WESTBOROUGH FINANCIAL SERVICES INC      MA       8.01,9.01                              04/05/07

WINDSTREAM CORP                         DE       8.01,9.01                              04/06/07

WITNESS SYSTEMS INC                     DE       8.01,9.01                              04/05/07

WORKSTREAM INC                                   5.02                                   04/02/07

WORLDTRADESHOW COM INC                           1.01,4.02                              08/01/06    AMEND