SECURITIES

Amendments

SBA: reauthorize and improve the Small Business Investment Company Program (S. 1662), S14755 [5DE]

Securities Exchange Act: provide shareholders with an advisory vote on executive compensation (H.R. 1257), H3478, H3479 [17AP], H3539, H3540, H3541, H3544, H3546, H3548 [18AP], H3699, H3701, H3703, H3706, H3707, H3708, H3709 [20AP]

———provide shareholders with an advisory vote on executive compensation (H.R. 1257), consideration (H. Res. 301), H3506 [18AP]

Analyses

REIT Investment Diversification and Empowerment Act (S. 2002), S10931 [3AU]

Articles and editorials

Blame the ``Stock Vault''? Clearinghouse Faulted on Short-Selling Abuse—Finding the Naked Truth, S9647 [20JY]

Don't Count on Shareholders, H3532 [18AP]

Frist's Vindication, S5385 [1MY]

Shanghai Shares Rebound Nearly 4 Percent, S2480 [1MR]

Bills and resolutions

BIA: provide for the issuance of bonds to provide funding for the construction of schools (see S. 2367), S14488 [15NO] (see H.R. 4243), H14082 [15NO]

Business and industry: allow for regulation of electronic energy commodity trading conducted by large traders and prevent price manipulation and excessive speculation in the trading of energy commodities (see H.R. 4066), H12455 [1NO]

———require disclosure of proxy votes relative to executive and director compensation by beneficial owners of a certain amount of a company's shares (see H.R. 2595), H6110 [6JN]

Colleges and universities: increase limitations on Federal insurance for bonds issued by designated bonding authority for historically Black colleges and universities capital financing (see H.R. 4154), H13858 [13NO]

Commission on the Tax Treatment of Hedge Funds and Private Equity: establish (see H.R. 3417), H9707 [3AU]

Commodity Exchange Act: promote legal certainty, enhance competition, and reduce systemic risk in markets for futures and over-the-counter derivatives (see H.R. 4626), H15467 [13DE]

Community development: authorize guarantees for bonds and notes issued for community or economic development purposes (see S. 2528), S16005 [19DE]

Congress: prohibit securities and commodities trading based on nonpublic information relating to Congress and require additional reporting of securities transaction by Members and employees (see H.R. 2341), H5290 [16MY]

Corporations: improve efficiency of complying with internal auditing control requirements in order to maintain U.S. capital market global competitiveness (see S. 869), S3124 [14MR] (see H.R. 1508), H2486 [13MR]

———improve implementation of internal auditing control requirements (see H.R. 1780), H3358 [29MR]

———reduce internal auditing reporting and certification burdens for certain financial institutions (see H.R. 1550), H2620 [15MR]

———reduce unintended costs and burdens of implementing internal auditing control requirements (see H.R. 1049), H1667 [14FE]

Courts: protect investors by fostering transparency and accountability of attorneys in private securities litigation (see H.R. 3931), H11933 [23OC]

Dept. of the Treasury: establish U.S. Employee Ownership Bank (see S. 1982), S10788 [2AU]

Economic Growth and Tax Relief Reconciliation Act: make repeal of estate taxes permanent (see H.R. 2380), H5471 [17MY]

Foreign countries: authorize appropriations to provide for South Pacific exchanges (see H.R. 2150), H4485 [3MY]

Forests: provide a tax exemption for forest conservation bonds (see S. 1952), S10787 [2AU] (see H.R. 3456), H10016 [4AU]

Government: make various technical and clerical amendments to securities laws (see H.R. 3505), H10319 [7SE]

Government regulations: eliminate exemption from State regulation for certain securities designated by national securities exchanges (see H.R. 2868), H7201 [26JN]

Investments: establish and provide for treatment of individual development accounts (see S. 871), S3124 [14MR] (see H.R. 892), H1343 [7FE] (see H.R. 1514), H2570 [14MR]

Native Americans: provide for sale and assignment of loans and underlying security (see H.R. 966), H1415 [8FE]

NIH: provide for the issuance of bonds to benefit NIH (see H.R. 3434), H9707 [3AU]

SBA: improve the Surety Bond Guarantee Program (see S. 1960), S10787 [2AU]

———provide additional authority to the Administrator relative to disaster surety bonds (see H.R. 2018), H4050 [24AP]

———reauthorize and improve the Small Business Investment Company Program (see S. 1662), S7887 [19JN]

SEC: improve disclosure of fees and expenses of open-end investment companies registered under the Investment Company Act (see H.R. 3225), H8834 (see H.R. 3225), H9052 [30JY]

———permit or require persons filing or furnishing securities information to make it available on Internet websites, in addition to or instead of including such information in filings or submissions (see H.R. 3504), H10319 [7SE]

———require hedge fund investment advisers to register (see S. 1402), S6126 [15MY] (see H.R. 2586), H6109 [6JN]

———revise rules for the comparable treatment and expanded use of qualified money market funds for broker-dealer financing (see H.R. 1171), H1894 [16FE]

Securities Exchange Act: provide shareholders with an advisory vote on executive compensation (see S. 1181), S4809 [20AP] (see H.R. 1257), H2118 [1MR]

———provide shareholders with an advisory vote on executive compensation (H.R. 1257), consideration (see H. Res. 301), H3473 [17AP]

Senior citizens: establish grant program to provide financial and retirement education programs to reduce financial abuse and fraud among mid-life and older individuals (see H.R. 531), H671 [17JA]

Small business: assess impact of rules relating to internal controls (see S. 1153), S4675 [18AP]

———extend current moratorium for complying with certain internal auditing control requirements (see H.R. 2727), H6438 (see H.R. 2727), H6475 [14JN]

Small Business Investment Act: extend programs (see H.R. 3206), H8820 [27JY] (see H.R. 4252), H14155 [4DE]

Social Security: establish a Social Security Surplus Protection Account in the Federal Old-Age and Survivors Insurance Trust Fund and enact legislation allowing for investment of the Trust Fund in non-Federal obligations (see H.R. 581), H788 [19JA]

———invest trust funds in marketable interest-bearing securities and insured certificates of deposit, and protect trust funds from public debt limit (see H.R. 219), H118 [5JA]

———require trust funds be held in trust for beneficiaries, ensure assets are not diverted, and authorize investment in securities that are not limited to those guaranteed by the U.S. (see H.R. 4896), H16947 [19DE]

Taxation: allow a credit for clean renewable water supply bonds (see H.R. 3452), H10016 [4AU]

———allow bonds guaranteed by Federal home loan banks to be treated as tax exempt bonds (see S. 1963), S10787 [2AU] (see H.R. 2091), H4291 [1MY]

———allow individuals to defer recognition of reinvested capital gains distributions from regulated investment companies (see S. 2126), S12433 [2OC] (see H.R. 397), H342 [10JA] (see H.R. 2796), H6827 [20JN]

———clarify treatment of indebtedness incurred by a partnership in acquiring securities and commodities (see H.R. 3501), H10319 [7SE]

———create a new class of bonds for new school construction (see H.R. 1862), H3399 [16AP]

———exclude certain tax-exempt financing of electric transmission facilities from the private business use test (see S. 1630), S7730 [14JN]

———exempt certain farmland from the estate tax (see S. 1994), S10901 [3AU] (see H.R. 1929), H3560 [18AP]

———extend and expand incentives for production of renewable energy and clean energy sources (see S. 1531), S6953 [25MY]

———extend and modify the renewable energy production credit and the credit to holders of clean renewable energy bonds (see S. 1291), S5562 [3MY]

———extend authority for penalty-free withdrawals from retirement plans by individuals called to active duty and use tax-exempt bonds to finance homes for veterans (see H.R. 3816), H11490 [10OC]

———extend election to include combat pay as earned income for purposes of the earned income credit and the use of qualified mortgage bonds to finance certain residences for veterans (see H.R. 3629), H10696 [20SE]

———increase limitation on capital losses (see H.R. 4661), H15467 [13DE]

———index certain assets for purposes of determining gain or loss (see S. 892), S3199 [15MR] (see H.R. 1261), H2118 [1MR]

———modify rules relative to clean energy renewable bonds (see H.R. 1821), H3360 [29MR]

———modify tax credit to holders of clean renewable energy bonds (see H.R. 1965), H3694 [19AP]

———modify the partial exclusion for gain from certain small business stocks (see S. 1214), S5086 [25AP]

———permit interest on federally guaranteed water, wastewater, and essential community facilities loans to be tax exempt in order to improve such facilities in rural areas (see H.R. 1959), H3694 [19AP]

———permit issuance of tax-exempt bonds for certain air and water pollution control facilities (see H.R. 2812), H6955 [21JN]

———provide a credit to holders of rural renaissance bonds (see S. 1264), S5497 [2MY]

———provide for tax-exempt qualified small issue bonds to finance agricultural processing property (see H.R. 2110), H4415 [2MY]

———provide permanent relief for sales tax deduction, child credit, repeal of estate tax, and deduction for higher education expenses (see H.R. 411), H434 [11JA]

———provide relief from the alternative minimum tax and special tax rates for certain capital gains and qualified dividend income (see S. 2432), S14848 [6DE]

———provide that corporate tax benefits based upon stock option compensation expenses be consistent with accounting expenses shown in corporate financial statements for such compensation (see S. 2116), S12334 [28SE]

———provide that proceeds of qualified mortgage bonds may be used to provide refinancing for subprime loans and provide a temporary increase in the volume cap for such bonds (see S. 2517), S15911 [18DE]

———provide transparency relative to fees and expenses charged to participant-directed defined contribution plans (see H.R. 3765), H11315 [4OC]

———repeal estate and gift taxes (see H.R. 1586), H2742 [20MR]

———repeal sunset on certain tax rates and other incentives and repeal the individual alternative minimum tax (see S. 14), S4599 [17AP]

———repeal sunset on reduction of capital gains rates for individuals and on taxation of dividends of individuals at capital gain rates (see S. 502), S1626 [6FE]

———require broker reporting of customer's basis in securities transactions (see S. 601), S1958 [14FE] (see H.R. 878), H1342 [7FE]

———restore and reduce estate tax, repeal carryover basis, and increase exclusion equivalent and establish inflation adjustment for unified credit against estate and gift taxes (see H.R. 4235), H14082 [15NO]

———restore estate tax and repeal carryover basis rule and increase estate tax unified credit (see H.R. 4172), H13958 [14NO]

———simplify certain rules applicable to real estate investment trusts (see S. 2002), S10902 [3AU] (see H.R. 1147), H1893 [16FE]

———treat gold, silver, platinum, and palladium, in either coin or bar form, in the same manner as equities and mutual funds for purposes of the maximum capital gains rate for individuals (see S. 1546), S7070 [5JN] (see H.R. 2883), H7339 [27JN]

———treat spaceports like airports under exempt facility bond rules (see S. 1355), S5928 [10MY] (see H.R. 2285), H4913 [10MY]

———treatment of Indian tribal governments relative to issuance of tax-exempt governmental bonds (see S. 1850), S9774 [23JY] (see H.R. 3164), H8396 [24JY]

———treatment of prepaid derivative contracts (see H.R. 4912), H16948 [19DE]

———treatment of publicly traded partnerships directly or indirectly deriving income from providing investment adviser and related asset management services (see S. 1624), S7730 [14JN] (see H.R. 2785), H6827 [20JN]

Transportation: provide new infrastructure funding through Federal bonding to empower States and local governments to complete significant infrastructure projects across all modes of transportation (see S. 2021), S11213 [6SE]

War on Radical Islam Bonds: issue (see H.R. 3266), H9275 [31JY]

Explanations

Tax Treatment of Publicly Traded Partnerships Directly or Indirectly Deriving Income from Investment Adviser Services and Related Asset Management Services (S. 1624), S7744 [14JN]

Letters

Extend current moratorium on small businesses complying with certain internal auditing control requirements: R. Bruce Josten, U.S. Chamber of Commerce, H7324 [27JN]

———Stephen W. Broadie, Property Casualty Insurers Association of America, H7324 [27JN]

Require disclosure of activities and money expended to influence shareholder votes on executive compensation: Daniel Clifton, American Shareholders Association, H3542 [18AP]

Shareholder Vote on Executive Compensation Act: American Bankers Association, H3537 [18AP]

———Jeffrey C. McGuiness, Association of Senior Human Resources Executives, H3537 [18AP]

———R. Bruce Josten, U.S. Chamber of Commerce, H3537 [18AP]

Windpower production subsidies: Thomas A. Barthold, Committee on Taxation (Joint), S8030 [20JN]

Memorandums

SEC Regulations Designed To Correct the Practice of Abusive Naked Short Selling: James A. Brigagliano and Victoria L. Crane, SEC, S9648 [20JY]

Motions

Securities Exchange Act: provide shareholders with an advisory vote on executive compensation (H.R. 1257), H3712 [20AP]

Press releases

Extend Current Moratorium on Small Businesses Complying With Certain Internal Auditing Control Requirements: National Taxpayers Union, H7324 [27JN]

Remarks in House

Colleges and universities: increase limitations on Federal insurance for bonds issued by designated bonding authority for historically Black colleges and universities capital financing (H.R. 4154), H13826-H13828 [13NO]

Commodity Exchange Act: promote legal certainty, enhance competition, and reduce systemic risk in markets for futures and over-the-counter derivatives (H.R. 4626), E2585 [14DE]

Corporations: improve efficiency of complying with internal auditing control requirements in order to maintain U.S. capital market global competitiveness (H.R. 1508), H11867 [23OC]

———improve implementation of internal auditing control requirements (H.R. 1780), E701 [30MR]

Crowell, Weedon and Co.: anniversary, E2155 [16OC]

Dow Jones & Co., Inc.: anniversary of indexes, E2566 [13DE]

Economic Growth and Tax Relief Reconciliation Act: make repeal of estate taxes permanent, H11462, H11463 [10OC]

Economy: extend certain tax relief provisions, H4538-H4543 [7MY], H4584-H4592 [8MY], H5369, H5370, H5373 [17MY]

———impact of subprime mortgage lending, H12210 [30OC], H15322 [12DE]

———make permanent certain tax relief provisions, H6245 [12JN]

Government: make various technical and clerical amendments to securities laws (H.R. 3505), H14180-H14182 [5DE]

Government regulations: eliminate exemption from State regulation for certain securities designated by national securities exchanges (H.R. 2868), H11866-H11868 [23OC]

Investments: establish and provide for treatment of individual development accounts (H.R. 1514), E550 [14MR]

Native Americans: provide for sale and assignment of loans and underlying security (H.R. 966), E300 [9FE]

NIH: provide for the issuance of bonds to benefit NIH (H.R. 3434), E1750 [4AU]

SBA: reauthorize and improve the Small Business Investment Company Program (S. 1662), H16938 [19DE]

SEC: conduct study on effect of shareholder advisory vote on executive compensation on the ability of companies to recruit and retain executives, H3704-H3706 [20AP]

———declare the shareholder disclosures relating to executive compensation currently required are adequate, H3699-H3701 [20AP]

Securities Exchange Act: clarify that decision of board of directors to act contrary to shareholder vote on executive compensation is not a breach of duty or obligation to shareholders, H3712 [20AP]

———exempt companies from shareholder vote on executive compensation requirements if the majority of the compensation package is in the form of non-qualified deferred compensation, H3701-H3703 [20AP]

———exempt companies from shareholder vote on executive compensation requirements if they require a majority shareholder vote for members of their board of directors, H3546, H3547 [18AP]

———expand rights of shareholders to vote for members of the board of directors, H3535 [18AP]

———limit shareholders advisory votes on executive compensation packages to those that exceed average compensation for comparable positions within the same industry, H3544-H3546 [18AP]

———provide shareholders with an advisory vote on executive compensation (H.R. 1257), H3530-H3550 [18AP], H3699-H3714 [20AP], E788 [19AP], E862 [26AP]

———provide shareholders with an advisory vote on executive compensation (H.R. 1257), consideration (H. Res. 301), H3499-H3506 [18AP]

———provide shareholders with an advisory vote on executive compensation (H.R. 1257), motion to recommit, H3712 [20AP]

———require disclosure of activities and money expended to influence shareholder votes on executive compensation, H3541-H3544 [18AP]

———require posting of any shareholders advisory vote on executive compensation on the company's website, H3541 [18AP]

———require shareholders casting an advisory vote on executive compensation to disclose their vote to pension fund beneficiaries, H3548-H3550 [18AP]

Small business: extend current moratorium on complying with certain internal auditing control requirements, H7323-H7327 [27JN], E1467 [29JN]

Small Business Investment Act: extend programs (H.R. 3206), H8899, H8900 [30JY]

———extend programs (H.R. 4252), H14223, H14224 [5DE]

Social Security: invest trust funds in marketable interest-bearing securities and insured certificates of deposit, and protect trust funds from public debt limit (H.R. 219), E4 [5JA]

Taxation: allow individuals to defer recognition of reinvested capital gains distributions from regulated investment companies (H.R. 2796), E1361 [20JN]

———forestry conservation tax credit bonds, H14431 [6DE]

———permit interest on federally guaranteed water, wastewater, and essential community facilities loans to be tax exempt in order to improve such facilities in rural areas (H.R. 1959), E794 [19AP]

———provide estate tax relief and permanently extend certain education-related tax deductions and dividend and capital gain tax rate reductions, H3483, H3484 [18AP], H3595, H3596 [19AP], H4510, H4515, H4516 [7MY]

———provide transparency relative to fees and expenses charged to participant-directed defined contribution plans (H.R. 3765), E2077 [5OC]

———simplify certain rules applicable to real estate investment trusts (H.R. 1147), E384 [16FE]

———treatment of prepaid derivative contracts (H.R. 4912), E2663 [19DE]

Remarks in Senate

Commodity Exchange Act: promote legal certainty, enhance competition, and reduce systemic risk in markets for futures and over-the-counter derivatives, S15441-S15447, S15452 [13DE]

Community development: authorize guarantees for bonds and notes issued for community or economic development purposes (S. 2528), S16016 [19DE]

Dept. of the Treasury: establish U.S. Employee Ownership Bank (S. 1982), S10821 [2AU]

Economy: extend certain tax relief provisions, S5842-S5853 [9MY], S11030 [4SE]

———impact of subprime mortgage lending, S14438 [15NO], S14817-S14821 [6DE], S15963 [19DE]

Employment: increase the competitiveness of American workers through the expansion of employee stock ownership plans, S5023 [25AP]

Financial institutions: take steps to bolster U.S. competitiveness in global financial services market, S1896 [13FE], S5064-S5066 [25AP]

Frist, Bill: exoneration relative to investigation of sale of HCA Inc., stock, S5315, S5385, S5387 [1MY]

Petroleum: regulation of crude oil markets, S14432 [15NO]

Public Company Accounting Reform and Investor Protection Act: allow SEC and Public Company Accounting Oversight Board to complete revision of implementation of provisions dealing with internal controls and audits, S4895-S4897 [24AP]

SBA: improve the Surety Bond Guarantee Program (S. 1960), S10805 [2AU]

———reauthorize and improve the Small Business Investment Company Program (S. 1662), S7903-S7905 [19JN], S14754-S14757 [5DE]

———reauthorize and improve the Small Business Investment Company Program (S. 1662), unanimous-consent request, S14753 [5DE]

SEC: investigation by the Committee on Finance (Senate) and Committee on the Judiciary (Senate) into the preferential treatment of certain persons accused of insider trading, S1381 [31JA], S10889-S10894 [3AU]

———make additional Government regulations designed to correct the practice of abusive naked short selling, S9646 [20JY]

———require hedge fund investment advisers to register, S2786 [7MR]

———require hedge fund investment advisers to register (S. 1402), S6142 [15MY]

Small business: assess impact of rules relating to internal controls (S. 1153), S4693 [18AP]

Small Business Investment Act: extend programs (H.R. 3206), S10524 [31JY]

———extend programs (H.R. 4252), S15037 [7DE]

Taxation: allow individuals to defer recognition of reinvested capital gains distributions from regulated investment companies (S. 2126), S12439-S12441 [2OC]

———amend tax laws to provide for energy advancement and investment, S7871-S7874 [19JN], S8012, S8014, S8016 [20JN], S8166-S8175 [21JN]

———exclude certain tax-exempt financing of electric transmission facilities from the private business use test (S. 1630), S7748 [14JN]

———forestry conservation tax credit bonds, S15632 [14DE]

———index certain assets for purposes of determining gain or loss (S. 892), S3203 [15MR]

———modify the partial exclusion for gain from certain small business stocks (S. 1214), S5099 [25AP]

———provide estate tax relief and permanently extend certain education-related tax deductions and dividend and capital gain tax rate reductions, S3492-S3498, S3504 [21MR], S5859, S5860, S5861, S5862 [9MY]

———provide estate tax relief and reform, S3578-S3582 [22MR], S3667-S3670 [23MR], S5838-S5842 [9MY]

———provide relief from the alternative minimum tax and special tax rates for certain capital gains and qualified dividend income (S. 2432), S14836 [6DE]

———provide that corporate tax benefits based upon stock option compensation expenses be consistent with accounting expenses shown in corporate financial statements for such compensation (S. 2116), S12335-S12339 [28SE]

———repeal estate tax, S3681, S3682 [23MR], S11035 [4SE]

———repeal sunset on certain tax rates and other incentives and repeal the individual alternative minimum tax (S. 14), S4585, S4602-S4604 [17AP], S4647 [18AP]

———require broker reporting of customer's basis in securities transactions (S. 601), S1978-S1980 [14FE]

———require brokers report cost basis of securities sold to their clients on 1099 forms, S14772 [5DE]

———require hedge fund managers pay taxes on earnings from deferred offshore compensation, S14772 [5DE]

———simplify certain rules applicable to real estate investment trusts (S. 2002), S10931 [3AU]

———treat spaceports like airports under exempt facility bond rules (S. 1355), S5932 [10MY]

———treatment of publicly traded partnerships directly or indirectly deriving income from providing investment adviser and related asset management services (S. 1624), S7743-S7745 [14JN]

Transportation: provide new infrastructure funding through Federal bonding to empower States and local governments to complete significant infrastructure projects across all modes of transportation, S10874 [3AU]

———provide new infrastructure funding through Federal bonding to empower States and local governments to complete significant infrastructure projects across all modes of transportation (S. 2021), S11215, S11216 [6SE]

Reports

Interim Findings on the Investigation Into Potential Abuse of Authority at the SEC: Senators Grassley and Specter, S1383 [31JA]

Reports filed

Consideration of H.R. 1257, Shareholder Vote on Executive Compensation Act: Committee on Rules (House) (H. Res. 301) (H. Rept. 110-96), H3473 [17AP]

Eliminate Exemption From State Regulation for Certain Securities Designated by National Securities Exchanges: Committee on Financial Services (House) (H.R. 2868) (H. Rept. 110-380), H11547 [15OC]

Shareholder Vote on Executive Compensation Act: Committee on Financial Services (House) (H.R. 1257) (H. Rept. 110-88), H3399 [16AP]

Small Business Venture Capital Act: Committee on Small Business and Entrepreneurship (Senate) (S. 1662) (S. Rept. 110-199), S12936 [16OC]

Statements

Shareholder Vote on Executive Compensation Act: Executive Office of the President, H3505 [18AP]

Summaries

Ending Corporate Tax Favors for Stock Options Act (S. 2116), S12339 [28SE]

Invest in Small Business Act (S. 1214), S5100 [25AP]

Report on Investigation Into Potential Abuse of Authority at the SEC: Senators Grassley and Specter, S10890 [3AU]

Texts of

H. Res. 301, consideration of H.R. 1257, Shareholder Vote on Executive Compensation Act, H3499 [18AP]

H.R. 1257, Shareholder Vote on Executive Compensation Act, H3539 [18AP]

H.R. 2868, eliminate exemption from State regulation for certain securities designated by national securities exchanges, H11866 [23OC]

H.R. 3206, Small Business Act and Small Business Investment Act programs extension, H8899 [30JY]

H.R. 3505, Securities Law Technical Corrections Act, H14180 [5DE]

H.R. 4154, increase limitations on Federal insurance for bonds issued by designated bonding authority for historically Black colleges and universities capital financing, H13826 [13NO]

H.R. 4252, Small Business Act and Small Business Investment Act programs extension, H14223 [5DE]

S. 1214, Invest in Small Business Act, S5100 [25AP]

S. 1355, Spaceport Equality Act, S5933 [10MY]

S. 1531, Clean Renewable Energy and Economic Development Incentives Act, S6955-S6960 [25MY]

S. 1624, tax treatment of publicly traded partnerships directly or indirectly deriving income from providing investment adviser and related asset management services, S7743 [14JN]

S. 1662, Small Business Venture Capital Act, S7904 [19JN]

S. 1963, allow bonds guaranteed by Federal home loan banks to be treated as tax exempt bonds, S10806 [2AU]

S. 2116, Ending Corporate Tax Favors for Stock Options Act, S12339 [28SE]

S. 2126, Generate Retirement Ownership Through Long-Term Holding Act, S12440 [2OC]