SEC NEWS DIGEST Issue 2006-73 April 17, 2006 ENFORCEMENT PROCEEDINGS SEC BRINGS SETTLED CHARGES AGAINST TYCO INTERNATIONAL LTD. ALLEGING BILLION DOLLAR ACCOUNTING FRAUD Company Agrees to Injunction and Payment of $50 Million Penalty The Commission today filed a settled civil injunctive action in the U.S. District Court for the Southern District of New York against Tyco International Ltd. The Commission's complaint in that action alleges that, from 1996 through 2002, Tyco violated the federal securities laws by, among other things, utilizing various improper accounting practices and a scheme involving transactions with no economic substance to overstate its reported financial results by at least one billion dollars. The Commission's complaint alleges that Tyco inflated its operating income by at least $500 million as a result of improper accounting practices related to some of the many acquisitions that Tyco engaged in during that time. Tyco's improper acquisition accounting included undervaluing acquired assets, overvaluing acquired liabilities, and misusing accounting rules concerning the establishment and utilization of purchase accounting reserves. The complaint further alleges that, apart from its acquisition activities, Tyco improperly established and used various kinds of reserves to make adjustments at the end of reporting periods to enhance and smooth its publicly reported results and to meet earnings forecasts. The complaint alleges that Tyco inflated its operating income by $567 million from its fiscal year 1998 through its fiscal quarter ended December 31, 2002, by means of connection fees that Tyco's ADT Security Services, Inc. subsidiary charged to dealers from whom it purchased security monitoring contracts. Because the connection fee was fully offset by a simultaneous increase in the purchase price ADT allocated to the dealers' security monitoring contracts, the connection fee transaction lacked economic substance and should not have been recorded in Tyco's income statement. In 2003, Tyco restated its operating income and cash flow relating to the connection fees. The complaint further alleges that, from September 1996 through early 2002, Tyco failed to disclose in its proxy statements and annual reports certain executive compensation, executive indebtedness, and related party transactions of its former senior management. Tyco also incorrectly accounted for certain executive bonuses it paid in its fiscal years 2000 and 2001, thereby excluding from its operating expenses the costs associated with those bonuses. Finally, the complaint alleges that Tyco violated the antibribery provisions of the Foreign Corrupt Practices Act when employees or agents of its Earth Tech Brasil Ltda. subsidiary made payments to Brazilian officials for the purpose of obtaining or retaining business for Tyco. Between 1996 and 2002, as a result of these various practices, Tyco made false and misleading statements or omissions in its filings with the Commission and its public statements to investors and analysts. Without admitting or denying the allegations in the Commission's complaint, Tyco has consented to the entry of a final judgment permanently enjoining it from violating the antifraud, proxy disclosure, periodic reporting, corporate recordkeeping, and antibribery provisions of the federal securities laws. The proposed final judgment also orders Tyco to pay $1 in disgorgement and a $50 million civil penalty. The Commission's investigation is continuing with respect to individuals. The Commission acknowledges the assistance and cooperation of the Manhattan District Attorney and the New York City Police Department. [SEC v. Tyco International Ltd., 06 CV 2942, SDNY] (LR-19657; AAE Rel. No. 2414; Press Rel. 2006-58) COMMISSION FILES EMERGENCY INJUNCTION ACTION AGAINST DAVID L. MCMILLAN The Commission filed an action in the U.S. District Court for the District of Arizona on April 4, 2006 against David L. McMillan (McMillan) seeking an immediate ex parte asset freeze, an accounting, a preliminary injunction, a permanent injunction, disgorgement with prejudgment interest, and third tier civil penalties. From 1994 through 2005, McMillan operated as investment adviser and broker in Bullhead City, Arizona. McMillan now resides in Costa Mesa, California. The complaint alleges that from 1999 through October 2005, McMillan defrauded at least 21 investors out of at least $2.6 million through the offer and sale of fictitious investments in annuities, loans to a real estate developer, and real estate loans that were to be secured by first deeds of trust. The complaint also alleges that McMillan used the money either for his own personal use or to pay other investors. Many of McMillan's victims are retirees. On April 4, 2006, the District Court entered an order granting the Commission's motion for an asset freeze and for an accounting by McMillan. On April 13, 2006, the Court granted the Commission's motion for a preliminary injunction enjoining McMillan from violating Section 206 of the Investment Advisers Act of 1940, Section 17(a) of the Securities Act of 1933, and Section 10(b) of the Securities Exchange Act of 1934. The Court also extended the asset freeze and ordered McMillan to provide a sworn accounting by April 27, 2006. [SEC v. David L. McMillan, CV-06-0951-PCT-SMM (D. Ariz.] (LR-19658) SELF-REGULATORY ORGANIZATIONS PROPOSED RULE CHANGES The New York Stock Exchange (n/k/a New York Stock Exchange LLC) filed a proposed rule change (SR-NYSE-2006-16) and Amendment No. 1 thereto to list and trade index-linked securities of Barclays Bank PLC Linked to the Performance of the Dow Jones - AIG Commodity Index Total Return. Publication is expected in the Federal Register during the week of April 17. (Rel. 34-53639) The American Stock Exchange filed a proposed rule change (SR-Amex- 2005-096) and Amendment No. 1 thereto relating to the relocation of Registered Options Traders assigned options classes. Publication is expected in the Federal Register during the week of April 17. (Rel. 34-53640) IMMEDIATE EFFECTIVENESS OF PROPOSED RULE CHANGES A proposed rule change (SR-Amex-2006-29) filed by the American Stock Exchange relating to the extension of the allocation and performance evaluation procedures for securities admitted to dealings on an unlisted basis 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 17. (Rel. 34-53649) A proposed rule change (SR-Phlx-2006-22) filed by the Philadelphia Stock Exchange and Amendments No. 1 and No. 2 thereto increasing Linkage Inbound Principal Order 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 17. (Rel. 34-53650) APPROVAL OF PROPOSED RULE CHANGES The Commission approved a proposed rule change (SR-Amex-2005-100) and Amendments No. 1 and 2 thereto, and granted accelerated approval to Amendment No. 4 thereto, submitted by the American Stock Exchange relating to the establishment of a new class of Registered Options Trader called a Remote Registered Options Trader. Publication is expected in the Federal Register during the week of April 17. (Rel. 34-53652) The Commission approved a proposed rule change (SR-DTC-2006-03) filed by The Depository Trust Company allowing DTC to amend the criteria it uses to place participants on surveillance status. Publication is expected in the Federal Register during the week of April 17. (Rel. 34-53655) ACCELERATED APPROVAL OF PROPOSED RULE CHANGE The Commission granted accelerated approval to a proposed rule change filed by the National Association of Securities Dealers (SR-NASD-2006- 035) relating to proposed amendments to IM 2110-2 to codify NASD's existing position that the Manning Rule applies to all members, whether acting as a market maker or not. Publication is expected in the Federal Register during the week of April 17. (Rel. 34-53653) 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-8 QUICK MED TECHNOLOGIES INC, 3427 SW 42ND WAY, GAINEVILLE, FL, 32608, 3523790611 - 4,885,000 ($11,235,500.00) Equity, (File 333-133301 - Apr. 14) (BR. 01B) S-1 KBR, INC., 4100 CLINTON DRIVE, HOUSTON, TX, 77020-6237, (713) 753-3011 - 0 ($550,000,000.00) Equity, (File 333-133302 - Apr. 14) (BR. 06) S-3ASR SBA COMMUNICATIONS CORP, ONE TOWN CENTER RD, THIRD FLOOR, BOCA RATON, FL, 33486, 5619957670 - 0 ($0.00) Unallocated (Universal) Shelf, (File 333-133303 - Apr. 14) (BR. 11B) S-3 ELITE PHARMACEUTICALS INC /DE/, 165 LUDLOW AVENUE, NORTHVALE, NJ, 07647, 2017502646 - 246,175 ($923,156.25) Equity, (File 333-133304 - Apr. 14) (BR. 01A) S-8 AMN HEALTHCARE SERVICES INC, 12400 HIGH BLUFF DRIVE, SUITE 100, SAN DIEGO, CA, 92130, 8668718519 - 0 ($10,000,000.00) Other, (File 333-133305 - Apr. 14) (BR. 01A) S-8 Nayna Networks, Inc., 8012628844 - 10,967,480 ($2,083,821.20) Equity, (File 333-133306 - Apr. 14) (BR. 11B) S-3 AKORN INC, 2500 MILLBROOK DRIVE, BUFFALO GROVE, IL, 60089, 8472796100 - 0 ($29,045,577.00) Equity, (File 333-133307 - Apr. 14) (BR. 01C) S-8 BEA SYSTEMS INC, 2315 NORTH FIRST STREET, -, SAN JOSE, CA, 95131, 4085708000 - 11,571,771 ($141,827,836.59) Equity, (File 333-133308 - Apr. 14) (BR. 03A) S-8 EMULEX CORP /DE/, 3333 SUSAN STREET, COSTA MESA, CA, 92626, 7146625600 - 0 ($49,966,449.00) Equity, (File 333-133309 - Apr. 14) (BR. 03B) S-8 Goodman Global Inc, 2550 NORTH LOOP WEST, SUITE 400, HOUSTON, TX, 77092, 713-861-2176 - 0 ($72,366,618.00) Equity, (File 333-133310 - Apr. 14) (BR. 06) S-4 Edgen Corp, 18444 HIGHLAND RD, BATON ROUGE, LA, 70809, 225-756-9868 - 0 ($31,000,000.00) Debt, (File 333-133311 - Apr. 14) (BR. 04) S-8 CELLEGY PHARMACEUTICALS INC, 1800 BYBERRY ROAD, BLDG. #13, HUNTINGDON VALLEY, PA, 19006, 2159140900 - 1,000,000 ($812,543.00) Equity, (File 333-133312 - Apr. 14) (BR. 01A) S-1 UNIGENE LABORATORIES INC, 110 LITTLE FALLS RD, FAIRFIELD, NJ, 07004-2193, 9738820860 - 5,000,000 ($16,975,000.00) Equity, (File 333-133313 - Apr. 14) (BR. 01C) S-3 MRV COMMUNICATIONS INC, 20415 NORDHOFF ST, CHATSWORTH, CA, 91311, 8187730900 - 19,858,156 ($74,964,538.90) Equity, (File 333-133314 - Apr. 14) (BR. 10B) S-3 KUHLMAN COMPANY, INC, 701 NORTH THIRD STREET, SUITE B-1, MINNEAPOLIS, MN, 55401, 6123385752 - 0 ($7,841,250.00) Equity, (File 333-133315 - Apr. 14) (BR. 02C) SB-2 POSEIDIS INC, 222 LAKE AVENUE, PMB 160, PALM BEACH, FL, 33401, 5618819885 - 315,296,139 ($25,223,691.12) Equity, (File 333-133316 - Apr. 14) (BR. 02C) S-4 El Pollo Loco, Inc., 3333 MICHELSON DRIVE, SUITE 550, IRVINE, CA, 92612, 949-399-2085 - 0 ($125,000,000.00) Non-Convertible Debt, (File 333-133317 - Apr. 14) (BR. 05B) S-4 EPL Intermediate, Inc., 3333 MICHELSON DRIVE, SUITE 550, IRVINE, CA, 92612, 949-399-2085 - 0 ($39,342,000.00) Non-Convertible Debt, (File 333-133318 - Apr. 14) (BR. 05B) S-4 LifeCare Holdings, Inc., 5560 TENNYSON PARKWAY, PLANO, TX, 75024, 469-241-2127 - 150,000,000 ($150,000,000.00) Other, (File 333-133319 - Apr. 14) (BR. ) S-8 OPSWARE INC, 599 N MATHILDA AVENUE, SUNNYVALE, CA, 94086, 0 ($39,822,523.00) Equity, (File 333-133320 - Apr. 14) (BR. 03C) S-4 MCCLATCHY CO, LEGAL DEPARTMENT, 2100 Q STREET, SACRAMENTO, CA, 95852, 9163211846 - 0 ($1,729,027,128.12) Equity, (File 333-133321 - Apr. 14) (BR. 05B) S-8 CYTOKINETICS INC, 280 EAST GRAND AVENUE, ., SOUTH SAN FRANCISCO, CA, 94080, (650) 624-3000 - 1,041,948 ($7,731,254.16) Equity, (File 333-133323 - Apr. 14) (BR. 01B) RECENT 8K FILINGS Form 8-K is used by companies to file current reports on the following events: 1.01 Entry into a Material Definitive Agreement 1.02 Termination of a Material Definitive Agreement 1.03 Bankruptcy or Receivership 2.01 Completion of Acquisition or Disposition of Assets 2.02 Results of Operations and Financial Condition 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant 2.04 Triggering Events That Accelerate or Increase a Direct Financial Obligation under an Off-Balance Sheet Arrangement 2.05 Cost Associated with Exit or Disposal Activities 2.06 Material Impairments 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing 3.02 Unregistered Sales of Equity Securities 3.03 Material Modifications to Rights of Security Holders 4.01 Changes in Registrant's Certifying Accountant 4.02 Non-Reliance on Previously Issued Financial Statements or a Related Audit Report or Completed Interim Review 5.01 Changes in Control of Registrant 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year 5.04 Temporary Suspension of Trading Under Registrant's Employee Benefit Plans 5.05 Amendments to the Registrant's Code of Ethics, or Waiver of a Provision of the Code of Ethics 6.01. ABS Informational and Computational Material. 6.02. Change of Servicer or Trustee. 6.03. Change in Credit Enhancement or Other External Support. 6.04. Failure to Make a Required Distribution. 6.05. Securities Act Updating Disclosure. 7.01 Regulation FD Disclosure 8.01 Other Events 9.01 Financial Statements and Exhibits 8-K reports may be obtained in person or by writing to the Commission's Public Reference Branch at 450 Fifth Street, N.W., Washington, D.C. 20549 or at the following e-mail box address: . In most cases, this information is also available on the Commission's website: . STATE 8K ITEM NO. NAME OF ISSUER CODE DATE COMMENT ------------------------------------------------------------------------------------------------------- 1ST CENTENNIAL BANCORP CA 2.02,9.01 04/13/06 Acquicor Technology Inc DE 5.02 04/11/06 ACTIVANT SOLUTIONS INC /DE/ DE 1.01,3.03,7.01,9.01 04/12/06 ADELPHIA COMMUNICATIONS CORP DE 1.01,9.01 04/10/06 AIDA PHARMACEUTICALS INC NV 2.02,9.01 04/14/06 ALKERMES INC PA 8.01,9.01 04/13/06 ALL AMERICAN SPORTPARK INC NV 4.02 04/05/06 ALLIED WASTE INDUSTRIES INC DE 7.01 04/12/06 ALLSCRIPTS HEALTHCARE SOLUTIONS INC DE 9.01 03/02/06 AMEND Alternative Loan Trust 2006-11CB DE 8.01,9.01 03/30/06 Alternative Loan Trust 2006-12CB DE 8.01,9.01 03/30/06 Alternative Loan Trust 2006-13T1 DE 8.01,9.01 03/30/06 Alternative Loan Trust 2006-6CB DE 8.01,9.01 03/30/06 Alternative Loan Trust 2006-7CB DE 8.01,9.01 03/30/06 Alternative Loan Trust 2006-9T1 DE 8.01,9.01 03/30/06 Alternative Loan Trust 2006-HY10 DE 8.01,9.01 03/30/06 Alternative Loan Trust 2006-J2 DE 8.01,9.01 03/30/06 Alternative Loan Trust 2006-OA3 DE 8.01,9.01 03/31/06 Alternative Loan Trust 2006-OC2 DE 8.01,9.01 03/20/06 American Media Systems Co. NV 8.01,9.01 04/13/06 amerimine resources, inc. FL 1.01,2.01,3.02,5.01,9.01 04/02/06 AMES NATIONAL CORP IA 2.02,7.01 04/14/06 Ames True Temper, Inc. DE 1.01,9.01 04/12/06 AMH Holdings, Inc. DE 1.01,1.02,9.01 04/11/06 AMIS HOLDINGS INC 5.03,9.01 04/10/06 AMN HEALTHCARE SERVICES INC DE 1.01,9.01 04/12/06 ANALYSTS INTERNATIONAL CORP 5.02,9.01 04/14/06 APPLIED SIGNAL TECHNOLOGY INC CA 1.01 04/14/06 ARRHYTHMIA RESEARCH TECHNOLOGY INC /D DE 5.02,9.01 04/12/06 ASSOCIATED MATERIALS INC DE 1.01,1.02,9.01 04/11/06 AT&T INC. DE 8.01,9.01 04/14/06 AVISTAR COMMUNICATIONS CORP DE 3.01,8.01,9.01 04/13/06 Aviza Technology, Inc. DE 8.01,9.01 04/14/06 Banc of America Funding 2006-C Trust DE 8.01,9.01 03/31/06 BARNABUS ENERGY, INC. NV 1.01,2.01,3.03,9.01 04/10/06 BAUSCH & LOMB INC NY 8.01,9.01 04/13/06 BERKSHIRE HILLS BANCORP INC 7.01,9.01 04/14/06 BIOMERICA INC DE 8.01 04/14/06 BLUE HOLDINGS, INC. NV 5.02 04/12/06 BLUE VALLEY BAN CORP KS 2.02,7.01,9.01 04/14/06 BOSTON RESTAURANT ASSOCIATES INC DE 8.01 04/14/06 BOWNE & CO INC DE 8.01 04/10/06 BRIGHAM EXPLORATION CO DE 7.01,9.01 04/13/06 BRIGHTSTAR INFORMATION TECHNOLOGY GRO DE 2.01,9.01 04/13/06 BROOKLINE BANCORP INC DE 1.01 04/13/06 CADENCE RESOURCES CORP UT 2.01,2.03,9.01 02/06/06 AMEND CALTON INC NJ 2.02,9.01 04/14/06 CAMBREX CORP DE 8.01 04/13/06 CAPITAL CORP OF THE WEST CA 2.02,9.01 04/13/06 CAPITAL ONE FUNDING, LLC 8.01,9.01 04/06/06 CAPITAL SENIOR LIVING CORP DE 7.01,9.01 04/14/06 CARTOON ACQUISITION, INC. DE 1.01,2.01,2.03,8.01,9.01 04/10/06 CARVER BANCORP INC DE 5.02,9.01 04/12/06 CELLEGY PHARMACEUTICALS INC CA 8.01,9.01 04/11/06 CENTRAL GARDEN & PET CO DE 1.01,9.01 04/10/06 CENTURY PROPERTIES GROWTH FUND XXII CA 1.02 04/11/06 CEPHALON INC DE 8.01,9.01 04/13/06 CHL Mortgage Pass-Through Trust 2006- DE 8.01,9.01 03/30/06 CHL Mortgage Pass-Through Trust 2006- DE 8.01,9.01 03/30/06 CHL Mortgage Pass-Through Trust 2006- DE 8.01,9.01 03/30/06 CINCINNATI GAS & ELECTRIC CO OH 1.01,2.01,9.01 04/10/06 CKRUSH, INC. DE 1.01,8.01,9.01 04/10/06 CMS ENERGY CORP MI 8.01,9.01 04/14/06 Coconut Palm Acquisition Corp. DE 7.01,9.01 04/14/06 COGNITRONICS CORP NY 1.01 04/13/06 COLONY BANKCORP INC GA 7.01,8.01,9.01 04/14/06 COLOR KINETICS INC DE 1.01,9.01 04/11/06 COMMERCE BANCSHARES INC /MO/ MO 1.01,8.01,9.01 04/13/06 COMMUNITY VALLEY BANCORP CA 8.01,9.01 04/14/06 COMPUCREDIT CORP GA 1.01,9.01 04/12/06 COMPUWARE CORP MI 2.02,9.01 04/14/06 CORILLIAN CORP OR 5.03,9.01 04/10/06 COUNTERPATH SOLUTIONS, INC. NV 1.01,3.02 04/10/06 CSB BANCORP INC /OH OH 2.02,9.01 04/13/06 CSK AUTO CORP DE 2.02,7.01,9.01 04/14/06 CSMC Mortgage-Backed Trust Series 200 DE 8.01,9.01 04/14/06 CWABS Asset-Backed Certificates Trust 8.01 03/29/06 CWABS Asset-Backed Certificates, Seri DE 6.05,9.01 03/30/06 CWABS Asset-Backed Certificates, Seri DE 9.01 03/30/06 CWHEQ Home Equity Loan Trust, Series 8.01,9.01 03/30/06 CWHEQ Home Equity Loan Trust, Series 8.01,9.01 03/30/06 CWHEQ Home Equity Loan Trust, Series 8.01,9.01 03/30/06 CWHEQ Home Equity Loan Trust, Series 8.01,9.01 03/30/06 CWHEQ Revolving Home Equity Loan Asse 8.01,9.01 03/30/06 CWHEQ Revolving Home Equity Loan Asse 8.01,9.01 03/30/06 Cyclacel Pharmaceuticals, Inc. DE 4.01 04/10/06 DAYBREAK OIL & GAS INC WA 3.02 03/29/06 AMEND DIAMOND ONE INC CO 4.01,9.01 04/10/06 DIRECT GENERAL CORP 1.02 04/14/06 DSLA MORTGAGE LOAN TRUST 2006-AR1 DE 8.01,9.01 04/14/06 EARTHLINK INC DE 1.01,8.01,9.01 04/13/06 ECC Capital CORP 8.01,9.01 04/10/06 ECHELON CORP DE 8.01 03/31/06 EDGEWATER FOODS INTERNATIONAL, INC. NV 1.01,9.01 04/14/06 EDIETS COM INC DE 1.01,9.01 04/13/06 EDUCATE INC DE 5.02 04/10/06 ELECTROGLAS INC DE 1.01,9.01 04/12/06 EMPIRE RESORTS INC DE 8.01,9.01 04/13/06 ENDO PHARMACEUTICALS HOLDINGS INC DE 1.01,9.01 04/10/06 ENERGY & ENGINE TECHNOLOGY CORP NV 5.02 04/10/06 EVERGREENBANCORP INC WA 2.02,9.01 04/14/06 EXACT SCIENCES CORP DE 1.01,1.02,5.02,7.01,9.01 04/13/06 FAIRCHILD INTERNATIONAL CORP NV 8.01 01/10/06 FCStone Group, Inc. IA 2.02 04/14/06 Federal Home Loan Bank of Boston X1 7.01,9.01 04/14/06 FFMLT Trust 2006-FF4 DE 8.01,9.01 03/30/06 FIRSTBANK NW CORP WA 8.01,9.01 04/12/06 FIRSTBANK NW CORP WA 1.01 04/12/06 FNB CORP \VA\ VA 5.02 04/10/06 FORMFACTOR INC DE 1.01,9.01 04/10/06 Gaming Partners International CORP NV 5.02 04/07/06 GE Capital Credit Card Master Note Tr DE 1.01 04/10/06 GENITOPE CORP DE 9.01 04/13/06 Global Employment Holdings, Inc. 2.01,9.01 03/31/06 AMEND GLOBAL ENTERTAINMENT HOLDINGS/EQUITIE CO 7.01,9.01 04/13/06 GMACM Home Equity Loan Trust 2006-HE1 DE 8.01,9.01 04/14/06 GMACM Home Equity Loan Trust 2006-HE1 DE 8.01,9.01 04/14/06 GMACM Home Loan Trust 2006-HLTV1 DE 8.01,9.01 04/14/06 GMACM Home Loan Trust 2006-HLTV1 DE 8.01,9.01 04/14/06 GOLDEN GRAIN ENERGY 1.01 04/11/06 GRAYSON BANKSHARES INC VA 2.02,9.01 04/11/06 GSAA Home Equity Trust 2006-5 DE 8.01,9.01 03/30/06 GSAMP Trust 2006-S2 DE 9.01 03/30/06 GTSI CORP DE 4.02 03/10/06 AMEND HALLIBURTON CO DE 7.01,9.01 04/14/06 HALLMARK FINANCIAL SERVICES INC NV 9.01 01/27/06 AMEND HAMPTONS LUXURY HOMES INC DE 1.01,2.01,5.01,9.01 04/14/06 Hana Biosciences Inc DE 5.02,8.01,9.01 04/10/06 HARBOR BANKSHARES CORP MD 2.02,7.01,9.01 04/14/06 Harborview 2006-BU1 DE 8.01 03/31/06 HAWAIIAN HOLDINGS INC DE 8.01 04/14/06 HEALTHBRIDGE INC TX 1.01,7.01,9.01 04/10/06 HINES REAL ESTATE INVESTMENT TRUST IN 2.01,9.01 04/03/06 AMEND Home Equity Asset Trust 2006-3 DE 8.01,9.01 04/14/06 HOST MARRIOTT CORP/ MD 2.01,2.03,2.04,9.01 04/10/06 HOST MARRIOTT L P DE 2.01,2.03,2.04,9.01 04/10/06 HOUSERAISING, INC. NC 3.02,8.01 03/13/06 HyperSpace Communications, Inc. CO 8.01,9.01 04/10/06 IGI INC DE 2.02,9.01 04/14/06 IMAGE INNOVATIONS HOLDINGS INC NV 4.01,9.01 03/26/06 AMEND Impac Secured Assets Corp., Mortgage CA 2.01,8.01,9.01 03/30/06 Impac Secured Assets Corp., Mortgage CA 9.01 03/30/06 IMPART MEDIA GROUP INC NV 2.02,7.01,9.01 04/10/06 INDEVUS PHARMACEUTICALS INC DE 5.02,9.01 04/10/06 INDYMAC ABS INC DE 8.01,9.01 03/31/06 IndyMac INDX Mortgage Loan Trust 2006 8.01,9.01 03/30/06 IndyMac INDX Mortgage Loan Trust 2006 8.01,9.01 03/30/06 INNOVA HOLDINGS NV 8.01,9.01 04/13/06 INSITUFORM TECHNOLOGIES INC DE 8.01,9.01 04/12/06 INTERSTATE BAKERIES CORP/DE/ DE 7.01,9.01 04/14/06 J P MORGAN CHASE & CO DE 9.01 04/12/06 J.P. Morgan Mortgage Trust 2006-A2 DE 8.01,9.01 04/14/06 J.P. Morgan Mortgage Trust 2006-S1 DE 8.01,9.01 04/14/06 Jaguar Acquisition Corp. DE 8.01,9.01 04/13/06 JPMAC 2006-WMC1 DE 8.01,9.01 04/14/06 Jupiter Global Holdings Corp NV 9.01 09/22/05 AMEND KAISER ALUMINUM & CHEMICAL CORP DE 8.01 04/10/06 KAISER ALUMINUM CORP DE 8.01 04/10/06 LEAP WIRELESS INTERNATIONAL INC DE 1.01 04/10/06 LEGACY COMMUNICATIONS CORP 8.01,9.01 04/11/06 Lehman Mortgage Trust 2006-2 DE 8.01 03/31/06 Lehman XS Trust Series 2006-4N DE 8.01,9.01 03/31/06 LIFESTREAM TECHNOLOGIES INC NV 5.02,8.01,9.01 04/14/06 LIPIDVIRO TECH INC NV 9.01 04/13/06 LITTLE SIOUX CORN PROCESSORS LLC 1.01 04/10/06 MARINE PRODUCTS CORP DE 8.01,9.01 04/14/06 MARITRANS INC /DE/ DE 2.02,9.01 04/13/06 MASTR Alternative Loan Trust 2006-2 DE 8.01,9.01 04/14/06 AMEND MASTR Asset Securitization Trust 2006 DE 8.01,9.01 04/04/06 AMEND MERRILL LYNCH MORTGAGE INVESTORS TRUS DE 8.01,9.01 04/14/06 MESTEK INC PA 7.01,8.01,9.01 04/14/06 MFB CORP IN 5.04 04/13/06 MGI PHARMA INC MN 2.02,9.01 04/13/06 MICROVISION INC WA 5.02 04/10/06 MOLDFLOW CORP 1.02,2.02,9.01 04/13/06 MONARCH CEMENT CO KS 5.03,7.01,9.01 04/13/06 Morgan Stanley Capital I Inc. Trust 2 DE 8.01,9.01 03/30/06 Morgan Stanley Home Equity Loan Trust DE 8.01,9.01 03/30/06 MSC SOFTWARE CORP DE 1.01 04/10/06 MSM 2006-4SL DE 8.01 03/31/06 NATIONAL HEALTH REALTY INC MD 3.01 04/13/06 NAVIGATORS GROUP INC DE 1.01,2.03,9.01 04/07/06 NEUSTAR INC 1.01,9.01 04/10/06 NEW HAMPSHIRE THRIFT BANCSHARES INC DE 2.02,9.01 04/14/06 NORTEK INC DE 8.01,9.01 04/14/06 NORTH POINTE HOLDINGS CORP 4.01,9.01 04/10/06 NORTHERN STATES FINANCIAL CORP /DE/ DE 4.01,9.01 03/31/06 AMEND NTK Holdings, Inc. DE 8.01,9.01 04/14/06 OLD NATIONAL BANCORP /IN/ IN 5.02 04/13/06 ONEOK INC /NEW/ OK 7.01,9.01 04/14/06 PEAPACK GLADSTONE FINANCIAL CORP NJ 8.01,9.01 04/14/06 PENNSYLVANIA REAL ESTATE INVESTMENT T PA 5.02 04/10/06 PEOPLES BANCORP INC OH 1.01,5.03,8.01,9.01 04/14/06 PERINI CORP MA 8.01,9.01 04/13/06 PETROLEUM DEVELOPMENT CORP NV 3.01,9.01 04/14/06 PHASE FORWARD INC DE 1.01 04/11/06 PHHMC Series 2006-1 Trust DE 9.01 03/30/06 PHI INC LA 1.01,2.03,3.03,7.01,8.01,9.01 04/12/06 PINNACLE AIRLINES CORP DE 8.01 04/12/06 POPE RESOURCES LTD PARTNERSHIP DE 7.01,9.01 04/13/06 POSITRON CORP TX 1.01,9.01 04/10/06 POSITRON CORP TX 1.01,3.02,9.01 04/10/06 PRACTICEXPERT INC NV 2.06,4.02 04/04/06 AMEND PREMIER COMMUNITY BANKSHARES INC VA 2.02,9.01 04/13/06 PRIMEDIA INC DE 5.02,9.01 04/13/06 PRINCETON REVIEW INC DE 1.01,2.03,9.01 04/10/06 Prosoft Learning CORP NV 1.01,1.02,1.03,2.04,5.02,9.01 04/10/06 QEP CO INC DE 2.04 04/10/06 RALI Series 2006-QO3 Trust DE 8.01,9.01 04/14/06 RALI Series 2006-QO3 Trust DE 8.01,9.01 04/14/06 AMEND RALI Series 2006-QS3 Trust DE 8.01,9.01 04/14/06 REESE CORP 5.03,9.01 04/06/06 RENTECH INC /CO/ CO 1.01,8.01,9.01 04/11/06 Residential Asset Securitization Trus 8.01,9.01 03/30/06 Residential Asset Securitization Trus 8.01,9.01 03/30/06 Residential Asset Securitization Trus 8.01,9.01 03/30/06 RESPIRONICS INC DE 7.01 04/11/06 REX STORES CORP DE 1.01 04/12/06 RICKS CABARET INTERNATIONAL INC TX 1.01,9.01 04/12/06 RPC INC DE 8.01,9.01 04/14/06 RURAL/METRO CORP /DE/ DE 1.01 04/10/06 S&C HOLDCO 3 INC 1.01,9.01 04/12/06 SACO I Trust 2006-4 DE 9.01 03/30/06 SAIL 2006-2 DE 8.01 03/30/06 SASCO 2006-3H DE 8.01,9.01 04/14/06 SASCO 2006-WF1 DE 8.01 03/30/06 SEARS HOLDINGS CORP DE 1.01,9.01 04/12/06 SECURED DIGITAL APPLICATIONS INC DE 4.01 04/14/06 AMEND SEQUIAM CORP CA 1.01,9.01 04/10/06 SHANNON INTERNATIONAL INC NV 1.01,9.01 04/07/06 SHENANDOAH TELECOMMUNICATIONS CO/VA/ VA 8.01 04/14/06 SKINS INC. NV 5.03 04/10/06 SOFTECH INC MA 2.02,9.01 04/14/06 SOUTHERN STAR CENTRAL CORP DE 7.01,9.01 04/14/06 Specialty Underwriting & Residential DE 8.01,9.01 04/14/06 STATE BANCORP INC NY 2.02,9.01 04/14/06 STONE FIELD MANAGEMENT CO WY 4.01,9.01 02/28/06 STRUCTURED ADJUSTABLE RATE MORTGAGE L DE 8.01,9.01 03/31/06 SUPERCONDUCTOR TECHNOLOGIES INC 7.01,9.01 04/14/05 TAG ENTERTAINMENT CORP DE 2.02,9.01 04/12/06 TBW 2006-1 DE 8.01 03/30/06 TECHNEST HOLDINGS INC NV 9.01 04/14/06 TECHNITROL INC PA 1.01,9.01 04/07/06 TECHNOLOGY INVESTMENT CAPITAL CORP MD 1.01,2.03,9.01 04/11/06 TERABEAM, INC. DE 2.02,8.01,9.01 04/12/06 THORATEC CORP CA 2.02,9.01 04/12/06 TOO, INC. DE 4.01,9.01 02/09/06 AMEND TRAFFIX INC DE 2.02,8.01,9.01 04/13/06 TRUE RELIGION APPAREL INC NV 1.01,5.02,9.01 04/12/06 TRUSTMARK CORP MS 1.01,9.01 04/13/06 TRX INC/GA GA 1.01,9.01 04/10/06 UAL CORP /DE/ DE 1.01,9.01 04/11/06 UNITED RENTALS INC /DE DE 5.02,9.01 04/11/06 US ENERGY CORP WY 1.01,3.02,9.01 04/11/06 UTSTARCOM INC DE 5.02,9.01 04/10/06 VAIL RESORTS INC DE 1.01,2.05,9.01 04/10/06 Valentec Systems, Inc DE 5.03,8.01,9.01 04/10/06 VERSO TECHNOLOGIES INC MN 4.01,9.01 04/10/06 VERTIS INC DE 1.01 04/10/06 Vistula Communications Services, Inc. DE 1.01,3.02,5.02,7.01,9.01 04/11/06 WACHOVIA CORP NEW NC 5.02 04/10/06 WAL MART STORES INC DE 8.01 04/14/06 WARNACO GROUP INC /DE/ DE 2.01,9.01 01/31/06 AMEND WASHINGTON FEDERAL INC WA 2.02,7.01,9.01 04/13/06 WEBSTER FINANCIAL CORP DE 5.02,9.01 04/12/06 Wells Fargo Asset Securities Corp Mor DE 8.01,9.01 10/25/05 AMEND WEST POINTE BANCORP INC IL 7.01,9.01 04/13/06 WESTWOOD ONE INC /DE/ DE 1.01,5.02,9.01 04/12/06 WINDROSE MEDICAL PROPERTIES TRUST MD 1.01,8.01,9.01 04/11/06 Wise Metals Group LLC DE 1.02,5.02,9.01 04/11/06 WORLDSPAN L P DE 1.01,9.01 04/12/06 XSTREAM BEVERAGE NETWORK, INC. NV 1.01,2.01,3.02,9.01 04/07/05 ZILOG INC CA 1.01 04/10/06