SEC NEWS DIGEST


Issue 2003-178                                           September 16, 2003

     
     
COMMISSION ANNOUNCEMENTS
     
                         
MATTHEW  REES  NAMED CHIEF SPEECHWRITER AND SENIOR ADVISER  TO  SEC  CHAIRMAN
DONALDSON

     SEC  Chairman  William H. Donaldson today announced the  appointment  of
     Matthew R. Rees to serve as Chief Speechwriter and Senior Adviser to the
     Chairman.   Rees  will  contribute  to  and  coordinate  the  Chairman's
     speeches,  articles,  and  congressional  testimony,  and  will  provide
     strategic counsel on issues before the Commission.
     
     Rees,  35,  previously  served at the White House,  as  a  Director  for
     Foreign Policy Speechwriting on the National Security Council, where  he
     wrote   for   President  George  W.  Bush,  National  Security   Adviser
     Condoleezza  Rice, and Deputy National Security Adviser Stephen  Hadley.
     Rees  has also served as Chief Speechwriter & Strategic Adviser  to  the
     United  States  Trade  Representative, Ambassador  Robert  B.  Zoellick.
     Before joining the Bush Administration, Rees spent nearly 10 years as  a
     journalist,   working  in  Washington  for  The  Weekly  Standard,   The
     Economist,  and The New Republic, and in New York and Brussels  for  The
     Wall  Street Journal.  His freelance writing was published in a  variety
     of  publications, including The New York Times, The Washington Post, and
     Reader's  Digest,  and he is the author of "From the Deck  to  the  Sea:
     Blacks and the Republican Party."
     
     Mr.  Rees  -- a native of Lafayette, Calif. -- is a graduate of Wesleyan
     University  and  a  Term  Member of the Council  on  Foreign  Relations.
     (Press Rel. 2003-118)

     
ENFORCEMENT PROCEEDINGS
     
                         
FORMER FIDELITY STOCKBROKER BARRED FROM THE SECURITIES INDUSTRY

     Thomas  J. Connolly, formerly employed at a broker-dealer subsidiary  of
     Fidelity Investments, has been barred from the securities industry.  The
     sanction   was  ordered  in  an  administrative  proceeding  before   an
     administrative law judge.
     
     While employed at Fidelity, Connolly and another individual carried  out
     a fraudulent scheme, to free-ride in options, through a Fidelity account
     Connolly  opened  in  the  name  of  the  other  individual's  employer.
     Ultimately,  the  scheme lost $2.39 million, for which  Fidelity  became
     responsible.   Connolly  pleaded guilty to federal  wire  fraud  charges
     growing out of the scheme.  (Rel. 34-48487; File No. 3-11205)
     
COMMISSION ISSUES ORDER SEEKING ADMINISTRATIVE RELIEF AGAINST FATHER AND  SON
INVESTMENT ADVISERS RECENTLY ENJOINED BY A FEDERAL DISTRICT COURT  AND  FOUND
LIABLE FOR VIOLATING THE FEDERAL SECURITIES LAWS
     
     On  September  15,  the  Commission issued an Order  Instituting  Public
     Administrative Proceedings Pursuant to Section 203(f) of the  Investment
     Advisers  Act  (Order)  against  Michael Batterman  (M.  Batterman)  and
     Randall  Batterman  (R. Batterman), both residents  of  Hackensack,  New
     Jersey.   In  the  Order, the Division of Enforcement alleges  that  the
     United  States District Court for the Southern District of New York  has
     issued permanent injunctions against M. Batterman and R. Batterman,  and
     found  them liable for using fraudulent misrepresentations and omissions
     of  material  fact  to defraud five investors, who were  M.  Batterman's
     advisory clients, into purchasing at least $925,000 of the securities of
     Dynasty  Fund Ltd., an open-end investment management company controlled
     by M. Batterman.
     
     The  Commission  instituted  this administrative  proceeding  after  the
     District  Court  entered a final judgment against M.  Batterman  and  R.
     Batterman:   (1)  permanently enjoining them from future  violations  of
     Section  17(a)  of  the  Securities Act of 1933, Section  10(b)  of  the
     Securities Exchange Act of 1934 and Rule 10b-5 thereunder, and  Sections
     206(1)  and  206(2)  of  the Investment Advisers Act;  (2)  ordering  M.
     Batterman  and  R.  Batterman each to disgorge $837,182,  consisting  of
     $475,000  in  funds  misappropriated  from  investors  plus  prejudgment
     interest  of  $362,182;  and (3) imposing on each  a  civil  penalty  of
     $250,000 (SEC v. Michael Batterman, et al., 00 Civ. 4835, SDNY, LAP; LR-
     18299).  (Rel. IA-2171; File No. 3-11259)
ADMINISTRATIVE  PROCEEDINGS INSTITUTED, FINDINGS MADE AND REMEDIAL  SANCTIONS
IMPOSED AGAINST JEFFREY CONWAY

     On   September   16,   the  Commission  issued  an   Order   Instituting
     Administrative  Proceedings Pursuant To Rule 102(e) of the  Commission's
     Rules  of  Practice,  Making Findings, and Imposing  Remedial  Sanctions
     (Order)  against  Jeffrey A. Conway.  These proceedings  stem  from  the
     Commission's  investigation  of a financial  fraud  involving  Rent-Way,
     Inc.,  which  resulted in the civil injunctive action SEC  v.  Rent-Way,
     Inc.,  et  al., 03 Civ. 231E (W.D.Pa.) (Injunctive Action).  The  Order,
     which suspends Conway from appearing or practicing before the Commission
     as  an  accountant, follows the entry on July 23, 2003, of  a  permanent
     injunction against Conway in the Injunctive Action.  Conway consented to
     the  Order  without  admitting or denying the  Commission's  substantive
     findings, except that he admits to the entry of a final judgment in  the
     Injunctive Action.
     
     The Commission's Complaint in the Injunctive Action alleged that Conway,
     Rent-Way's  former  president, CFO, COO  and  a  director,  and  Matthew
     Marini,  Rent-Way's  former  controller and  chief  accounting  officer,
     directed  a  fraudulent  accounting scheme that resulted  in  Rent-Way's
     under-reporting  of a variety of expenses by approximately  $60  million
     over  a  two-year period in 1999 and 2000.  As alleged in the Complaint,
     Conway  directed Marini to meet periodic earnings forecasts that  Conway
     set,  and  Marini  directed  lower level employees  to  make  fraudulent
     entries  to  Rent-Way's books and records. Conway also directed  Jeffrey
     Underwood,  Rent-Way's  former  senior  vice  president  in  charge   of
     operations, to defer the recording of certain operating expenses at  the
     end of fiscal years 1999 and 2000.
     
     In  the  Injunctive Action, the District Court entered a final  judgment
     that  permanently  enjoins  Conway from  violating  Sections  10(b)  and
     13(b)(5) of the Securities Exchange Act of 1934 (Exchange Act) and rules
     13b2-1  and  13b2-2  thereunder, and from controlling  any  person  that
     violates Sections 13(a) and 13(b)(2) of the Exchange Act and Rules  12b-
     20,  13a-1  and 13a-13 thereunder.  The final judgment also bars  Conway
     permanently from being an officer or a director of a public company, and
     directs Conway to pay disgorgement of losses he allegedly avoided on the
     sale  of  Rent-Way  stock plus prejudgment interest  in  the  amount  of
     $159,417  and  to pay a civil money penalty in the amount  of  $200,000.
     The District Court entered the final judgment pursuant to Conway's offer
     of  settlement to the Commission, in which Conway neither  admitted  nor
     denied the allegations contained in the Complaint.
     
     A  hearing  will  be  scheduled before an administrative  law  judge  to
     determine  whether the allegations contained in the Order are  true,  to
     provide Respondents an opportunity to dispute these allegations, and  to
     determine what, if any, remedial sanctions against M. Batterman  and  R.
     Batterman are appropriate and in the public interest pursuant to Section
     203(f)  of the Investment Advisers Act.  (Rel. 34-48492; AAE Rel.  1863;
     File No. 3-11260)
     
COMMISSION  INSTITUTES PROCEEDING AGAINST FORMER BANC OF  AMERICA  SECURITIES
LLC BROKER THEODORE CHARLES SIHPOL III FOR "LATE TRADING" OF MUTUAL FUNDS

     September  16, the Commission issued an order instituting administrative
     and cease-and-desist proceedings as to Theodore Charles Sihpol III.  The
     Division  of  Enforcement  alleges that Sihpol,  formerly  a  registered
     representative at Banc of America Securities LLC (BAS), enabled  certain
     hedge  fund  customers to engage in "late trading" of mutual funds  from
     2001 to 2003.  Late trading refers to the practice of placing orders  to
     buy  or sell mutual fund shares after the close of trading at 4:00  p.m.
     Eastern Time (ET), but receiving the price based on the prior net  asset
     value already determined as of 4:00 p.m.
     
     The  Division of Enforcement alleges that Sihpol initially  enabled  the
     hedge  funds to late trade "manually."  Sihpol or a member of  his  team
     would  prepare  and  time  stamp  order tickets  for  the  hedge  funds'
     "proposed"  trades prior to 4:00 p.m. ET.  The hedge funds would  decide
     whether to carry out the trades after 4:00 p.m.  At that time, Sihpol or
     a  member  of his team would either use the order tickets to effect  the
     hedge  funds'  trades or would discard the tickets if  the  hedge  funds
     decided  not  to  execute the trades.  Sihpol thus created  false  order
     tickets that made it appear as if the orders had been received prior  to
     4:00  p.m.  ET.  The Division of Enforcement also alleges that,  in  the
     summer of 2001, BAS installed an electronic direct access system in  the
     hedge  funds'  offices  that enabled them to enter  mutual  fund  trades
     directly into BAS' clearing function until 6:30 p.m. ET.
     
     The  Division  of Enforcement alleges that Sihpol violated and/or  aided
     and abetted and caused violations of (i) Section 17(a) of the Securities
     Act  of 1933, (ii) Section 10(b) of the Securities Exchange Act of 1934,
     and  Rule 10b-5, (iii) Section 17(a) of the Exchange Act and Rules 17a-3
     and  17a-4, and (iv) Rule 22c-1 promulgated under Section 22(c)  of  the
     Investment Company Act of 1940.  A hearing will be scheduled  before  an
     administrative law judge to determine whether the allegations  contained
     in  the Order are true, to provide Sihpol an opportunity to dispute  the
     allegations,  and to determine what sanctions, if any,  are  appropriate
     and in the public interest.  The Administrative Law Judge shall issue an
     initial decision no later than 300 days from the date of the service  of
     the order.
     
     The  Commission instituted this proceeding in coordination with the  New
     York  Attorney General, who brought criminal charges in New  York  State
     Court against Sihpol.
     
     (In  the  Matter of Theodore Charles Sihpol III, Rel. 33-8288; 34-48493;
     IA-2172; IC-26179; File No. 3-11261; Press Rel. 2003-117)
     
SEC  FILES  SARBANES-OXLEY ACT APPLICATION FOR TEMPORARY ORDER COMPELLING  VIVENDI
UNIVERSAL,  S.A.  TO  ESCROW EXTRAORDINARY PAYMENTS TO ITS FORMER  CEO  JEAN-MARIE
MESSIER
     
     The  Commission  announced that on September 16 it filed an  application
     pursuant  to Section 1103 of the Sarbanes-Oxley Act of 2002 in the  U.S.
     District Court, Southern District of New York, naming Vivendi Universal,
     S.A.  (Vivendi)  as  the  Respondent.  The application  seeks  an  order
     compelling  Vivendi to place in escrow, in an account subject  to  Court
     supervision,  any extraordinary payments that Vivendi may  make  to  its
     former  CEO,  Jean-Marie  Messier (Messier), including  payment  Messier
     claims he is owed as part of his termination agreement with Vivendi.
     
     Section 1103 of the Sarbanes-Oxley Act authorizes the Commission to seek
     such  a temporary order during an investigation into possible securities
     laws  violations by a public company, or an officer, director, or  other
     affiliate  of  a public company.  Pursuant to the temporary  order,  the
     public  company  must escrow "extraordinary payments"  that  the  public
     company likely may make to an officer, director, or affiliate.
          
     The Commission's staff has been investigating possible violations of the
     federal   securities  laws  by  Vivendi  and  its  directors,  officers,
     partners, controlling persons, agents, or employees pursuant to a formal
     order of private investigation issued by the Commission on November  14,
     2002.
     
     On September 11, a New York court affirmed an arbitration panel decision
     ordering  Vivendi  to  pay  Messier _20,555,342  (or  approximately  $23
     million)  pursuant to a termination agreement with Vivendi.   The  SEC's
     application requests that the U.S. District Court order Vivendi to place
     in  escrow,  subject  to court supervision, the money  that  Messier  is
     claiming.  [SEC v. Vivendi Universal, S.A., Case No. M-11-03, SDNY] (LR-
     18352)

     
SELF-REGULATORY ORGANIZATIONS
     
     
IMMEDIATE EFFECTIVENESS OF PROPOSED RULE CHANGE

     A proposed rule change (SR-Phlx-2003-64) filed by the Philadelphia Stock
     Exchange pursuant to Rule 19b-4 of the Securities Exchange Act  of  1934
     extending  a  pilot  program  to  deploy  the  Exchange's  Floor  Broker
     Management System has become immediately effective.  (Rel. 34-48490)


PROPOSED RULE CHANGE

     The Cincinnati Stock Exchange filed a proposed rule change (SR-CSE-2003-
     10)  under  Section 19(b)(1) of the Securities Exchange Act of  1934  to
     amend CSE Rule 11.9(u).  Publication of the proposal is expected in  the
     Federal Register during the week of September 15.  (Rel. 34-48491)


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


S-1     AMERICAN EQUITY INVESTMENT LIFE HOLDING CO, 5000 WESTOWN PARKWAY,
        SUITE 440, WEST DEMOINES, IA, 50266, 5152210002 -
        0 ($247,250,000.00) Equity, (File 333-108794 - Sep. 15) (BR. 01)

S-1     PROVIDENT BANCORP INC/NY/, 400 RELLA BLVD, MONTEBELLO, NY, 10901,
        8453698040 - 18,253,750 ($182,537,500.00) Equity, (File 333-108795 -
        Sep. 15) (BR. 07)

S-8     FAIRCHILD INTERNATIONAL CORP, 595 HORNBY STREET STE 600,
        VANCOUVER BRITISH COLUMBIA, CANADA V6B 2W5, A1, 00000, 6046691040 -
        10,207,654 ($510,382.70) Equity, (File 333-108796 - Sep. 15) (BR. 09)

S-4     PROVIDENT BANCORP INC/NY/, 400 RELLA BLVD, MONTEBELLO, NY, 10901,
        8453698040 - 17,977,604 ($179,776,040.00) Equity, (File 333-108797 -
        Sep. 15) (BR. 07)

S-8     ENESCO GROUP INC, 6308755300 - 0 ($209,750.00) Equity,
        (File 333-108798 - Sep. 15) (BR. 02)

S-8     ENESCO GROUP INC, 6308755300 - 0 ($2,517,000.00) Equity,
        (File 333-108799 - Sep. 15) (BR. 02)

S-8     US TELESIS HOLDINGS INC, P.O. BOX 415, BOSTON, MA, 02117,
        3,000,000 ($15,000.00) Equity, (File 333-108800 - Sep. 15) (BR. 09)

S-3     GREENWICH CAPITAL COMMERCIAL FUNDING CORP, 600 STEAMBOAT RD, GREENWICH,
        CT, 06830, 2036252756 - 0 ($1,000,000.00) Mortgage Backed Securities,
        (File 333-108801 - Sep. 15) (BR. 07)

S-8     ARISTOTLE CORP, 27 ELM STREET, NEW HAVEN, CT, 06510, 2038674090 -
        1,500,000 ($5,799,336.63) Equity, (File 333-108802 - Sep. 15) (BR. 36)

S-8     ARISTOTLE CORP, 27 ELM STREET, NEW HAVEN, CT, 06510, 2038674090 -
        55,900 ($313,592.00) Equity, (File 333-108803 - Sep. 15) (BR. 36)

S-4     STERLING FINANCIAL CORP /WA/, 111 N WALL ST, SPOKANE, WA, 99201,
        5094583711 - 0 ($165,888,992.00) Equity, (File 333-108804 - Sep. 15)
        (BR. 07)

S-8     ALBEMARLE CORP, 330 SOUTH FOURTH STREET, P O BOX 1335, RICHMOND, VA,
        23218, 8047886000 - 0 ($83,880,000.00) Equity, (File 333-108805 -
        Sep. 15) (BR. 06)

S-8     LNR PROPERTY CORP, 1601 WASHINGTON AVENUE, MIAMI BEACH, FL, 33139,
        3056955500 - 2,000,000 ($82,060,000.00) Equity, (File 333-108806 -
        Sep. 15) (BR. 08)

S-3     ANIXTER INTERNATIONAL INC, 2301 PATRIOT BLVD, GLENVIEW, IL, 60025,
        2245218204 - 0 ($149,363,325.00) Debt Convertible into Equity,
        (File 333-108807 - Sep. 15) (BR. 36)

S-8     ESYNCH CORP/CA, 15502 MOSHER AVE, TUSTIN, CA, 92780, 9498331220 -
        16,760,000 ($670,400.00) Equity, (File 333-108808 - Sep. 15) (BR. 02)

S-3     FACTORY 2 U STORES INC, 4000 RUFFIN ROAD, 6TH FLR, SAN DIEGO, CA,
        92123-1866, 3,075,000 ($16,666,550.00) Equity, (File 333-108809 -
        Sep. 15) (BR. 02)

S-8     SKY FINANCIAL GROUP INC, 221 SOUTH CHURCH STREET, BOWLING GREEN, OH,
        43402, 4193276300 - 200,000 ($4,602,000.00) Equity, (File 333-108810 -
        Sep. 15) (BR. 07)

S-8     MANUGISTICS GROUP INC, 2115 E JEFFERSON ST, ROCKVILLE, MD, 20852,
        3019845000 - 0 ($2,214,000.00) Equity, (File 333-108811 - Sep. 15)
        (BR. 03)

F-6     SHINHAN FINANCIAL GROUP CO LTD, 120 2-GA TAEPYUNG RO JUNG GU,
        SEOUL100-102, F4, 00000, 82263603000 -
        200,000,000 ($10,000,000.00) Equity, (File 333-108812 - Sep. 15) (BR. )

S-3     INVERESK RESEARCH GROUP INC, 11000 WESTON PARKWAY, SUITE 100, CARY, NC,
        27513, 9194609005 - 0 ($222,720,000.00) Equity, (File 333-108813 -
        Sep. 15) (BR. 01)

S-4     LNR PROPERTY CORP, 1601 WASHINGTON AVENUE, MIAMI BEACH, FL, 33139,
        3056955500 - 350,000,000 ($350,000,000.00) Other, (File 333-108815 -
        Sep. 15) (BR. 08)

S-3     STRATASYS INC, 14950 MARTIN DRIVE, EDEN PRAIRIE, MN, 55344,
        9529373000 - 1,150,000 ($49,185,500.00) Equity, (File 333-108816 -
        Sep. 15) (BR. 03)

S-8     UTSTARCOM INC, 1275 HARBOR BAY PARKWAY, STE 100, ALAMEDA, CA, 94502,
        5108648800 - 5,895,487 ($188,503,804.55) Equity, (File 333-108817 -
        Sep. 15) (BR. 37)

S-4     SUMMIT FINANCIAL SERVICES GROUP INC, 980 NORTH FEDERAL HIGHWAY,
        STE 310, BOCA RATON, FL, 33432, 5613382800 -
        28,120,064 ($12,372,828.16) Equity, (File 333-108818 - Sep. 15) (BR. )

S-8     DML SERVICES INC, 8313942670 - 1,000,000 ($1,200,000.00) Equity,
        (File 333-108819 - Sep. 15) (BR. 04)

S-3     TEKELEC, 26580 W AGOURA RD, CALABASAS, CA, 91302, 8188805656 -
        0 ($125,000,000.00) Other, (File 333-108821 - Sep. 15) (BR. 37)
     

RECENT 8K FILINGS


Form 8-K is used by companies to file current reports on the following events:

    Item 1.  Changes in Control of Registrant.
    Item 2.  Acquisition or Disposition of Assets.
    Item 3.  Bankruptcy or Receivership.
    Item 4.  Changes in Registrant's Certifying Accountant.
    Item 5.  Other Materially Important Events.
    Item 6.  Resignations of Registrant's Directors.
    Item 7.  Financial Statements and Exhibits.
    Item 8.  Change in Fiscal Year.
    Item 9.  Regulation FD Disclosure.

The  following companies have filed 8-K reports for the date indicated and/or
amendments to 8-K reports previously filed, responding to the item(s) of  the
form  specified.  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:  <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   1 2 3 4 5 6 7 8 9 10 11 12 13     DATE     COMMENT
------------------------------------------------------------------------------------------------
A TIME TO GROW INC                      TX            X                      09/15/03

AASTROM BIOSCIENCES INC                 MI                X   X              09/15/03

ACTIVE LINK COMMUNICATIONS INC          CO            X                      09/12/03

ALCAN INC                               A6            X                      07/08/03

ALLEGHENY TECHNOLOGIES INC              DE            X                      09/11/03

ALLETE INC                              MN            X                      09/15/03

AMEN PROPERTIES INC                     DE            X   X                  08/30/03

AMERICAN EXPRESS CENTURION BANK         UT            X   X                  09/15/03

AMERICAN EXPRESS MASTER TRUST           DE            X   X                  09/15/03

AMERICAN FINANCIAL REALTY TRUST                           X                  06/30/03    AMEND

AMERICAN SCIENCE & ENGINEERING INC      MA            X   X                  09/15/03

AMERICREDIT AUTOMOBILE RECEIVABLES TR   DE            X   X                  09/15/03

AMERICREDIT AUTOMOBILE RECEIVABLES TR   DE            X   X                  09/15/03

ANTARES PHARMA  INC                     MN            X   X                  09/15/03

ANTHEM INC                              IN                    X              09/15/03

ARIZONA AIRCRAFT SPARES INC                   X X     X   X                  07/16/03    AMEND

ATLAS AIR INC                           DE            X   X                  09/12/03

ATLAS AIR INC                           DE                            X      09/12/03

ATLAS AIR WORLDWIDE HOLDINGS INC        DE            X   X                  09/12/03

ATLAS AIR WORLDWIDE HOLDINGS INC        DE                            X      09/12/03

AXIOM PHARMACEUTICALS INC               NV            X   X                  09/15/03

BANC OF AMERICA MORTGAGE SECURITIES I   DE            X   X                  09/12/03

BANK ONE  DELAWARE  NATIONAL ASSOCIAT                     X                  09/15/03

BANK ONE  DELAWARE  NATIONAL ASSOCIAT                 X   X                  09/10/03

BANK ONE  DELAWARE  NATIONAL ASSOCIAT                 X   X                  09/15/03

BANYAN CORP /OR/                        OR            X   X                  09/15/03

BB&T CORP                               NC            X                      09/04/03

BEAR STEARNS ASSET BACKED SECURITIES    DE                X                  08/29/03

BETTER MINERALS & AGGREGATES CO         DE            X                      09/12/03

BIOPURE CORP                            DE                            X      08/21/03

BIOSOURCE INTERNATIONAL INC             DE            X   X                  09/11/03

CARMAX AUTO OWNER TRUST 2003-1          DE            X   X                  09/15/03

CATALINA MARKETING CORP/DE              DE            X   X                  09/12/03

CATALYST LIGHTING GROUP INC             DE    X X     X   X                  08/27/03

CC MASTER CREDIT CARD TRUST II          MD                X                  09/15/03

CENTRAL VERMONT PUBLIC SERVICE CORP     VT            X                      09/10/03

CERES GROUP INC                         DE          X     X                  09/12/03

CHIRON CORP                             DE            X   X                  09/15/03

CIRCUIT CITY CREDIT CARD MASTER TRUST   DE            X   X                  08/31/03

CLASSIC BANCSHARES INC                  DE            X   X                  09/12/03

CNL HOSPITALITY PROPERTIES INC          MD      X         X                  08/15/03

COHESANT TECHNOLOGIES INC               DE                X           X      09/15/03

COMPUCREDIT CORP                        GA                X           X      09/15/03

CONSECO INC                             DE        X   X   X                  09/09/03

COWLEY TECHNOLOGIES CORP                DE    X         X X X                09/15/03

CREDIT SUISSE FIRST BOSTON MORTGAGE S   DE            X                      09/15/03

CRITICARE SYSTEMS INC /DE/              DE                X   X              09/12/03

CSFB MORTGAGE SEC CORP HM EQU PASS TH   DE            X   X                  08/25/02

CUTTER & BUCK INC                       WA                X           X      09/10/03

CWABS INC ASSET BACKED CERTS SER 2003   DE                X                  08/29/03

CWABS INC REVOLVING HOME EQ LOAN AST    DE            X   X                  09/15/03

CWABS REVOLVING HOME EQUITY LN ASSET    DE            X   X                  09/15/03

CYSIVE INC                              DE            X   X                  09/14/03

DAIRENE INTERNATIONAL                               X     X                  01/03/03    AMEND

DATALOGIC INTERNATIONAL INC             DE            X   X                  09/15/03

DAVITA INC                              DE            X   X                  09/11/03

DIAMETRICS MEDICAL INC                  MN            X   X                  09/15/03

DISCOVER CARD MASTER TRUST I            DE            X                      09/15/03

DOBSON COMMUNICATIONS CORP              OK                X   X              09/12/03

DOCUCON INCORPORATED                    DE          X                        09/05/03

DVI INC                                 DE            X   X                  09/08/03

DVI INC                                 DE            X   X                  09/11/03

EAGLE BROADBAND INC                     TX          X     X                  09/11/03

EDISON SCHOOLS INC                      DE                            X      09/12/03

EDUCATION CAPITAL I LLC                 DE            X   X                  09/01/03

EDUCATION FUNDING CAPITAL TRUST I                     X   X                  09/03/03

EDUCATION MANAGEMENT CORPORATION                      X   X                  09/15/03

ELDER BEERMAN STORES CORP               OH            X   X                  09/12/03

ELECTRIC AQUAGENICS UNLIMITED INC       DE            X   X                  09/12/03

ENSCO INTERNATIONAL INC                 DE                    X              09/15/03

ENTERPRISE PRODUCTS PARTNERS L P        DE            X   X                  09/12/03

F5 NETWORKS INC                         WA      X         X                  07/23/03    AMEND

FAIRFIELD MANUFACTURING CO INC          DE            X                      09/15/03

FAMOUS DAVES OF AMERICA INC             MN            X   X                  09/12/03

FEDERAL NATIONAL MORTGAGE ASSOCIATION                 X   X                  09/15/03

FIND SVP INC                            NY                X                  07/01/03    AMEND

FINGERHUT RECEIVABLES INC               DE                X                  09/15/03

FIRST CHESAPEAKE FINANCIAL CORP         VA            X   X                  08/29/03

FLEET CREDIT CARD MASTER TRUST II       NY      X                            09/15/03

FNANB CREDIT CARD MASTER TRUST                        X   X                  08/31/03

FORD CREDIT AUTO RECEIVABLES TWO LLC    DE            X   X                  08/31/03

FORD CREDIT AUTO RECEIVABLES TWO LLC    DE            X   X                  08/31/03

FULL HOUSE RESORTS INC                  DE      X         X                  09/05/03

GENERAL MARITIME CORP/                                        X              09/05/03

GENTA INC DE/                           DE            X   X                  09/10/03

GMAC COMMERCIAL MORTGAGE SECURITIES I   DE                X                  09/01/03

GS MORTGAGE SECURITES CORP LOAN TRUST   DE            X   X                  08/29/03

GYRODYNE CO OF AMERICA INC              NY            X   X                  09/15/03

HAWAIIAN ELECTRIC INDUSTRIES INC        HI            X                      09/05/03

HEADWAY CORPORATE RESOURCES INC         DE                X   X              09/15/03

HEILIG MEYERS CO                        VA            X                      07/31/03

HEMACARE CORP /CA/                      CA                    X              09/15/03

HOME EQUITY PASS THROUGH CERTIFICATES   DE            X   X                  07/25/02

HOME EQUITY PASS THROUGH CERTIFICATES   DE            X   X                  08/25/02

HOME EQUITY PASS THROUGH CERTIFICATES   DE            X   X                  08/25/02

HOUSTON EXPLORATION CO                  DE            X   X   X              09/15/03

INDUSTRIAL MINERALS INC                 DE            X                      09/15/03

INTERFACE INC                           GA                X   X              09/15/03

INTERNATIONAL MONETARY SYSTEMS LTD /W   WI            X   X                  08/29/03

INTERNATIONAL SPEEDWAY CORP             FL                    X              09/12/03

IPEC HOLDINGS INC                       NV          X                        09/08/03

IRVINE PACIFIC CORP                     CO    X X     X   X                  08/29/03

KCS ENERGY INC                          DE            X                      09/15/03

KILROY REALTY CORP                      MD            X                      09/12/03

KNOLOGY INC                             DE                    X              09/15/03

KOGER EQUITY INC                        FL      X         X   X              09/11/03

LABOR READY INC                         WA                            X      09/15/03

LABORATORY CORP OF AMERICA HOLDINGS     DE                    X              09/15/03

LAKELAND BANCORP INC                    NJ            X   X                  09/11/03

LEVI STRAUSS & CO                       DE                X   X              09/11/03

LEVI STRAUSS & CO                       DE            X   X                  09/15/03

LINCOLN LOGS LTD                        NY      X                            09/15/03

LNR PROPERTY CORP                       DE            X                      09/12/03

LONG BEACH ACCEPTANCE CORP                            X   X                  09/15/03

LONG BEACH ACCEPTANCE CORP                            X   X                  09/15/03

LONG BEACH ACCEPTANCE CORP                            X   X                  09/15/03

MACKIE DESIGNS INC                      WA            X                      09/07/03

MALAN REALTY INVESTORS INC              MI                X   X              09/09/03

MARKETSHARE RECOVERY INC                DE                X                  07/18/03    AMEND

MASTR ADJUSTABLE RATE MORTGAGE TRUST    DE            X   X                  07/29/03

MATRIX BANCORP INC                      CO      X         X                  08/31/03

MAXWELL SHOE CO INC                     DE                X           X      09/08/03

MBNA AMERICA BANK NATIONAL ASSOCIATIO   DE            X   X                  08/31/03

MBNA AMERICA BANK NATIONAL ASSOCIATIO   DE            X   X                  08/31/03

MBNA CORP                               MD            X                      08/31/03

MCDONALDS CORP                          DE                            X      09/08/03

MCK COMMUNICATIONS INC                  DE                X           X      09/15/03

MEDICAL STAFFING NETWORK HOLDINGS INC   DE                X   X              09/15/03

MEDIFAST INC                            DE            X                      09/12/03

MEMRY CORP                              DE                            X      09/09/03

METRIS RECEIVABLES INC                  DE                X                  08/31/03

METRIS RECEIVABLES INC                  DE                X                  08/31/03

MICRON ENVIRO SYSTEMS INC               NV            X                      09/15/03

MIKOHN GAMING CORP                      NV            X   X                  09/12/03

MORTGAGE ASSET SEC TRANS INC MASTR AL   DE            X   X                  07/30/03

MUNICIPAL MORTGAGE & EQUITY LLC         DE      X         X                  06/30/03    AMEND

NATIONAL PENN BANCSHARES INC            PA            X   X   X              09/11/03

NATUROL HOLDINGS LTD                    DE    X       X                      08/27/03

NEW WORLD PASTA CO                      DE            X   X                  09/15/03

NEW YORK COMMUNITY BANCORP INC          DE                X   X              09/15/03

NEWFIELD EXPLORATION CO /DE/            DE                         X         09/15/03

NORTHWESTERN CORP                       DE            X   X                  09/12/03

NORTHWESTERN CORP                       DE        X   X   X                  09/14/03

NTL EUROPE INC                          DE            X   X                  09/12/03

OLD GOAT ENTERPRISES INC                NV            X       X              09/08/03

OPTICAL CABLE CORP                      VA                X   X              09/11/03

OUTDOOR CHANNEL HOLDINGS INC            AK            X   X                  09/15/03

PACIFIC REALM INC                       DE            X                      09/12/03

PANERA BREAD CO                         DE                    X              09/15/03

PARLUX FRAGRANCES INC                   DE            X                      09/09/03

PARTNERRE LTD                                                 X              09/12/03

PATTERSON DENTAL CO                     MN      X         X   X              09/12/03

PAUL SON GAMING CORP                    NV            X                      09/12/03

PFF BANCORP INC                         DE            X                      09/15/03

PINNACLE ENTERTAINMENT INC              DE            X   X                  09/15/03

PMC CAPITAL INC                         FL                X           X      09/11/03

PMC COMMERCIAL TRUST /TX                TX                X           X      09/11/03

PNC FINANCIAL SERVICES GROUP INC        PA            X   X                  09/15/03

PNM RESOURCES INC                       NM                    X              08/31/03

PPL MONTANA LLC                         DE                X   X              09/15/03

PRAECIS PHARMACEUTICALS INC             DE                    X              09/15/03

PRICESMART INC                          DE                X           X      09/12/03

PRIME RECEIVABLES CORP                  DE                X                  09/15/03

PROVIDIAN FINANCIAL CORP                DE            X                      08/31/03

PROXIM CORP                             DE            X   X                  09/15/03

QUINTILES TRANSNATIONAL CORP            NC            X   X                  09/13/03

REXHALL INDUSTRIES INC                  CA          X     X                  12/20/02    AMEND

RIVIERA HOLDINGS CORP                   NV            X   X                  09/15/03

SANDISK CORP                            DE            X                      09/15/03

SCIENCE APPLICATIONS INTERNATIONAL CO   DE                X   X              09/15/03

SEARS CREDIT ACCOUNT MASTER TRUST II    IL            X   X                  09/15/03

SOUND FEDERAL BANCORP INC               DE                X           X      09/15/03

SOUNDVIEW TECHNOLOGY GROUP INC          DE            X   X   X              09/12/03

SPECTRASITE INC                         DE                X           X      08/11/03    AMEND

STORAGE ALLIANCE INC                    NV      X                            09/15/03

STRUCTURED ASSET MORTGAGE INVESTMENTS   DE                X                  09/12/03

STRUCTURED ASSET SEC CORP MORT PAS TH   DE            X                      08/29/03

STRUCTURED ASSET SECURITIES CORP        DE            X                      09/15/03

SURE TRACE SECURITY CORP                UT    X                              09/11/03

TELEBYTE TECHNOLOGY INC                 NV            X                      08/25/03

TEXAS REGIONAL BANCSHARES INC           TX            X   X                  09/15/03

TITAN INTERNATIONAL INC                 IL            X   X                  09/15/03

TOROTEL INC                             MO            X   X                  09/12/03

TOUCHSTONE APPLIED SCIENCE ASSOCIATES   DE      X                            07/03/03

TOUCHSTONE APPLIED SCIENCE ASSOCIATES   DE      X                            06/03/03    AMEND

TRICO MARINE SERVICES INC               DE            X   X                  09/12/03

TRIMERIS INC                            DE            X   X                  09/15/03

TRITEAL CORP                            DE            X   X                  09/09/03

UICI                                    DE                X   X              09/12/03

UPC POLSKA INC                          DE                X   X              09/15/03

URS CORP /NEW/                          DE                X           X      09/15/03

USG CORP                                DE            X                      09/15/03

UTI WORLDWIDE INC                                         X           X      09/10/03

VASCO DATA SECURITY INTERNATIONAL INC   DE            X   X           X      09/15/03

VERMONT PURE HOLDINGS LTD/DE            DE                X           X      09/15/03

VIGNETTE CORP                           DE            X   X                  09/15/03

VOICE MOBILITY INTERNATIONAL INC        NV            X                      09/12/03

VOICE MOBILITY INTERNATIONAL INC        NV            X                      09/12/03

WACHOVIA CORP NEW                       NC                         X         09/15/03

WARNACO GROUP INC /DE/                  DE            X   X                  09/15/03

WEIRTON STEEL CORP                      DE                    X              09/15/03

WISCONSIN ENERGY CORP                   WI            X   X                  09/15/03

WORKSTREAM INC                                            X   X              09/04/03

YAK COMMUNICATIONS USA INC              FL      X         X                  07/02/03    AMEND

YAMAHA MOTOR RECEIVABLES CORP           DE            X                      09/15/03

GOLDEN EAGLE INTERNATIONAL INC          CO                X           X      09/12/03