The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
1 800 FLOWERS COM CL A 68243Q106 256 35,142 SH   DFND 1, 2 0 35,142 0
AETNA INC NEW COM 00817Y108 649 6,000 SH   DFND 1, 2 0 6,000 0
ALPS ETF TR ALERIAN MLP 00162Q866 320 26,550 SH   DFND 1, 2 0 26,550 0
API TECHNOLOGIES CORP COM NEW 00187E203 615 445,300 SH   DFND 1, 2 0 445,300 0
API TECHNOLOGIES CORP COM NEW 00187E203 97 70,000 SH   DFND 2 0 70,000 0
APOLLO INVT CORP COM 03761U106 305 58,424 SH   DFND 1, 2 0 58,424 0
APOLLO SR FLOATING RATE FD I COM 037636107 733 48,393 SH   DFND 1, 2 0 48,393 0
APOLLO TACTICAL INCOME FD IN COM 037638103 499 35,905 SH   DFND 1, 2 0 35,905 0
APPLE INC COM 037833100 1,752 16,648 SH   DFND 1, 2 0 16,648 0
ARES CAP CORP COM 04010L103 1,481 103,927 SH   DFND 1, 2 0 103,927 0
ARES DYNAMIC CR ALLOCATION F COM 04014F102 213 15,960 SH   DFND 1, 2 0 15,960 0
ATLANTIC ALLIANCE PARTNER CO SHS G04897107 4,736 468,402 SH   DFND 1, 2 0 468,402 0
AUTOBYTEL INC COM NEW 05275N205 276 12,252 SH   DFND 1, 2 0 12,252 0
BERKSHIRE HATHAWAY INC DEL CL A 084670108 396 2 SH   DFND 1, 2 0 2 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 504 3,815 SH   DFND 1, 2 0 3,815 0
BLACKSTONE GSO FLTING RTE FU COM 09256U105 149 10,000 SH   DFND 1, 2 0 10,000 0
BP PLC SPONSORED ADR 055622104 259 8,271 SH   DFND 1, 2 0 8,271 0
BROADWIND ENERGY INC COM NEW 11161T207 1,338 643,380 SH   DFND 1, 2 0 643,380 0
BROOKFIELD MTG OPP INC FD IN COM 112792106 295 19,971 SH   DFND 1, 2 0 19,971 0
BRT RLTY TR SH BEN INT NEW 055645303 2 41,096 SH   DFND 1, 2 0 41,096 0
CHEROKEE INC DEL NEW COM 16444H102 286 16,583 SH   DFND 1, 2 0 16,583 0
CITIGROUP INC COM NEW 172967424 216 4,183 SH   DFND 1, 2 0 4,183 0
COHEN & STEERS LTD DUR PFD I COM 19248C105 712 31,603 SH   DFND 1, 2 0 31,603 0
DIGITAL TURBINE INC COM NEW 25400W102 2,655 1,996,089 SH   DFND 1, 2 0 1,996,089 0
DIGITAL TURBINE INC COM NEW 25400W102 1,131 850,691 SH   DFND 2 0 850,691 0
DISNEY WALT CO COM DISNEY 254687106 287 2,730 SH   DFND 1, 2 0 2,730 0
DOUBLELINE INCOME SOLUTIONS FD COM 258622109 1,524 93,933 SH   DFND 1, 2 0 93,933 0
EMCORE CORP COM NEW 290846203 246 40,203 SH   DFND 1, 2 0 40,203 0
ENERGY TRANSFER EQUITY L P COM UT LTD PTN 29273V100 324 23,580 SH   DFND 1, 2 0 23,580 0
ENERGY XXI BERMUDA LTD NOTE 3.000%12/1 29274UAB7 1 18,000 PRN   DFND 2 0 18,000 0
FACEBOOK INC CL A 30303M102 290 2,773 SH   DFND 1, 2 0 2,773 0
FINJAN HLDGS INC COM NEW 31788H303 13 11,600 SH   DFND 2 0 11,600 0
FIRST TR ENERGY INCOME &GRW COM 33738G104 231 10,061 SH   DFND 1, 2 0 10,061 0
FUEL SYS SOLUTIONS INC COM 35952W103 1,956 399,910 SH   DFND 1, 2 0 399,910 0
GARRISON CAP INC COM 366554103 931 76,488 SH   DFND 1, 2 0 76,488 0
GENERAL ELECTRIC CO COM 369604103 202 6,499 SH   DFND 1, 2 0 6,499 0
GOLDMAN SACHS MLP INCOME OPP FD COM 38147W103 721 87,646 SH   DFND 1, 2 0 87,646 0
GROUPON INC COM 399473107 43 14,000 SH   DFND 1, 2 0 14,000 0
GSV CAP CORP COM 36191J101 373 39,834 SH   DFND 1, 2 0 39,834 0
GUIDANCE SOFTWARE INC COM 401692108 344 57,116 SH   DFND 1, 2 0 57,116 0
HC2 HLDGS INC COM 404139107 2,543 480,778 SH   DFND 1, 2 0 480,778 0
IMAX CORP COM 45245E109 224 6,308 SH   DFND 1, 2 0 6,308 0
INTERSIL CORP COM 46069S109 243 19,060 SH   DFND 1, 2 0 19,060 0
ISHARES TR CORE S&P MID-CAP ETF 464287507 448 3,216 SH   DFND 1, 2 0 3,216 0
ISHARES TR CORE U.S. AGGREGATE BOND ETF 464287226 212 1,967 SH   DFND 1, 2 0 1,967 0
ISHARES TR IBOXX INV CP ETF 464287242 1,241 10,885 SH   DFND 1, 2 0 10,885 0
ISHARES TR MSCI ALL CTY WRLD MIN ETF 464286525 1,630 23,527 SH   DFND 1, 2 0 23,527 0
ISHARES TR MSCI EAFE ETF 464287465 1,587 27,018 SH   DFND 1, 2 0 27,018 0
ISHARES TR MSCI EMERGING MARKETS ETF 464287234 721 22,408 SH   DFND 1, 2 0 22,408 0
ISHARES TR NASDAQ BIOTECHNOLOGY ETF 464287556 312 922 SH   DFND 1, 2 0 922 0
ISHARES TR SELECT DIVIDEND ETF 464287168 1,094 14,551 SH   DFND 1, 2 0 14,551 0
ISHARES TR INTL SEL DIV ETF 464288448 1,479 51,500 SH   DFND 1, 2 0 51,500 0
ISHARES TR JP MOR EM MK ETF 464288281 1,226 11,588 SH   DFND 1, 2 0 11,588 0
ISHARES TR MSCI ACWI EX US 464288240 291 7,349 SH   DFND 1, 2 0 7,349 0
ISHARES TR NAT AMT FREE BD 464288414 824 7,444 SH   DFND 1, 2 0 7,444 0
ISHARES TR NY AMTFRE MU ETF 464288323 1,476 13,187 SH   DFND 1, 2 0 13,187 0
ISHARES TR RUS MID-CAP ETF 464287499 2,354 14,698 SH   DFND 1, 2 0 14,698 0
ISHARES TR FLOATING RATE BD ETF 46429B655 225 4,460 SH   DFND 1, 2 0 4,460 0
ISHARES TR MSCI EAFE MIN VOLATIL ETF 46429B689 540 8,324 SH   DFND 1, 2 0 8,324 0
ISHARES TR MSCI USA MINVOLATILITY ETF 46429B697 707 16,917 SH   DFND 1, 2 0 16,917 0
ITERIS INC COM 46564T107 22 10,000 SH   DFND 1, 2 0 10,000 0
JEFFERIES GROUP INC DBCV 3.875%11/0 472319AG7 82 82,000 PRN   DFND 2 0 82,000 0
KEMET CORP COM NEW 488360207 1,072 452,200 SH   DFND 1, 2 0 452,200 0
KRATOS DEFENSE &SEC SOLUTIONS COM NEW 50077B207 280 68,357 SH   DFND 1, 2 0 68,357 0
LADENBURG THALMAN FIN SVCS INC COM 50575Q102 7 81,050 SH   DFND 1, 2 0 81,050 0
LINDBLAD EXPEDITIONS HLDGS IN COM 535219109 212 19,100 SH   DFND 1, 2 0 19,100 0
LUMENTUM HLDGS INC COM 55024U109 269 12,225 SH   DFND 1, 2 0 12,225 0
MICROSOFT CORP COM 594918104 2,087 37,611 SH   DFND 1, 2 0 37,611 0
MONSTER WORLDWIDE INC COM 611742107 5,094 889,073 SH   DFND 1, 2 0 889,073 0
MONSTER WORLDWIDE INC COM 611742107 716 125,000 SH   DFND 2 0 125,000 0
NATIONAL CINEMEDIA INC COM 635309107 252 16,020 SH   DFND 1, 2 0 16,020 0
NATIONAL HOLDINGS CORP COM NEW 636375206 12 4,080 SH   DFND 1, 2 0 4,080 0
NATIONAL HOLDINGS CORP COM NEW 636375206 1,449 513,950 SH   DFND 2 0 513,950 0
NAVISTAR INTL CORP NOTE 4.500%10/1 63934EAQ1 74 150,000 PRN   DFND 2 0 150,000 0
NETSCOUT SYS INC COM 64115T104 251 8,181 SH   DFND 1, 2 0 8,181 0
NEWTEK BUSINESS SVCS CORP COM NEW 652526203 197 13,766 SH   DFND 1, 2 0 13,766 0
NIELSEN HLDGS PLC COM G6518L108 252 5,400 SH   DFND 1, 2 0 5,400 0
NOVAVAX INC COM 670002104 88 10,500 SH   DFND 1, 2 0 10,500 0
NUTRI SYS INC COM 67069D108 244 11,274 SH   DFND 1, 2 0 11,274 0
NUVEEN AMT FREE MUN INCOME FD COM 670657105 173 12,500 SH   DFND 1, 2 0 12,500 0
NUVEEN BUILD AMERICA BOND FUND COM USD0.01 COM 67074C103 559 27,823 SH   DFND 1, 2 0 27,823 0
NUVEEN MTG OPPORTUNITY TERM FD COM COM 670735109 228 10,033 SH   DFND 1, 2 0 10,033 0
NUVEEN MUN VALUE FD COM 670928100 151 14,800 SH   DFND 1, 2 0 14,800 0
OCLARO INC COM NEW 67555N206 239 68,725 SH   DFND 1, 2 0 68,725 0
ON SEMICONDUCTOR CRP COM 682189105 421 42,916 SH   DFND 1, 2 0 42,916 0
PEABODY ENERGY CORP SDCV 4.750%12/1 704549AG9 8 152,250 PRN   DFND 2 0 152,250 0
PENNANTPARK FLOATING RATE CAP LTD COM 70806A106 2,215 196,929 SH   DFND 1, 2 0 196,929 0
PENNANTPARK INVT CORP COM 708062104 1,979 320,177 SH   DFND 1, 2 0 320,177 0
PENNEY J C CO INC COM 708160106 281 42,169 SH   DFND 1, 2 0 42,169 0
PFIZER INC COM 717081103 269 8,321 SH   DFND 1, 2 0 8,321 0
PIMCO ETF TR ENHAN SHRT MA AC 72201R833 2,225 22,114 SH   DFND 1, 2 0 22,114 0
PIMCO ETF TR LOW DURATION ACTIVE ETF FD 72201R718 556 5,574 SH   DFND 1, 2 0 5,574 0
POWERSHARES GLOBAL ETF TRUST AGG PFD PORT 73936T565 453 30,290 SH   DFND 1, 2 0 30,290 0
POWERSHARES ETF TRUST II CEF INC COMPST 73936Q843 203 9,521 SH   DFND 1, 2 0 9,521 0
POWERSHARES QQQ TRUST POWERSHARES QQQ TRUST 73935A104 890 7,958 SH   DFND 1, 2 0 7,958 0
PRGX GLOBAL INC COM 69357C503 4,383 1,178,173 SH   DFND 1, 2 0 1,178,173 0
PRGX GLOBAL INC COM 69357C503 653 175,644 SH   DFND 2 0 175,644 0
PROVIDENT FINL SVCS INC COM 74386T105 252 12,500 SH   DFND 1, 2 0 12,500 0
MORGAN STANLEY COM NEW 617446448 1,495 47,000 SH Put DFND 1, 2 0 47,000 0
RENEWABLE ENERGY GROUP INC MTNF 2.750% 6/1 75972AAA1 135 160,000 PRN   DFND 2 0 160,000 0
RUBICON PROJECT COM COM 78112V102 293 17,818 SH   DFND 1, 2 0 17,818 0
SCHLUMBERGER LIMITED COM 806857108 207 2,969 SH   DFND 1, 2 0 2,969 0
SELECT SECTOR SPDR TR SBI CONS DISCR 81369Y407 269 3,440 SH   DFND 1, 2 0 3,440 0
SELECT SECTOR SPDR TR SBI HEALTHCARE 81369Y209 341 4,729 SH   DFND 1, 2 0 4,729 0
SEQUANS COMMUNICATIONS S A SPONSORED ADS 817323108 356 169,489 SH   DFND 1, 2 0 169,489 0
SKYWORKS SOLUTIONS INC COM 83088M102 259 3,366 SH   DFND 1, 2 0 3,366 0
SOLAR CAP LTD COM 83413U100 922 56,109 SH   DFND 1, 2 0 56,109 0
SOLAR SENIOR CAPITAL LTD COM 83416M105 5,463 366,641 SH   DFND 1, 2 0 366,641 0
SOLAREDGE TECHNOLOGIES INC COM 83417M104 350 12,416 SH   DFND 1, 2 0 12,416 0
SPDR DOW JONES INDL AVERAGE ETF UT SER 1 78467X109 763 4,387 SH   DFND 1, 2 0 4,387 0
SPDR INDEX SHS FDS GLB NAT RESRCE 78463X541 579 18,023 SH   DFND 1, 2 0 18,023 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 1,952 9,574 SH   DFND 1, 2 0 9,574 0
SPLUNK INC COM 848637104 563 9,579 SH   DFND 1, 2 0 9,579 0
STONERIDGE INC COM 86183P102 276 18,639 SH   DFND 1, 2 0 18,639 0
SUPERIOR INDS INTL INC COM 868168105 231 12,538 SH   DFND 1, 2 0 12,538 0
SUPPORT COM INC COM 86858W101 45 44,405 SH   DFND 1, 2 0 44,405 0
SYSOREX GLOBAL HLDGS CORP COM NEW 87184N203 439 770,331 SH   DFND 1, 2 0 770,331 0
SYSOREX GLOBAL HLDGS CORP COM NEW 87184N203 214 376,250 SH   DFND 2 0 376,250 0
TELENAV INC COM 879455103 4,070 715,361 SH   DFND 1, 2 0 715,361 0
TELENAV INC COM 879455103 482 84,629 SH   DFND 2 0 84,629 0
TEMPUR SEALY INTL INC COM 88023U101 6,341 90,000 SH Put DFND 1, 2 0 90,000 0
TORTOISE MLP FD INC COM 89148B101 550 31,655 SH   DFND 1, 2 0 31,655 0
TURTLE BEACH CORP COM COM 900450107 262 130,288 SH   DFND 1, 2 0 130,288 0
UNITED ONLINE INC COM 911268209 8,164 692,422 SH   DFND 1, 2 0 692,422 0
UNITED ONLINE INC COM 911268209 8,659 734,434 SH   DFND 2 0 734,434 0
VANGUARD INDEX FDS GROWTH ETF 922908736 266 2,502 SH   DFND 1, 2 0 2,502 0
VANGUARD INDEX FDS LARGE CAP ETF 922908637 6,200 66,312 SH   DFND 1, 2 0 66,312 0
VANGUARD INDEX FDS MID CAP ETF 922908629 1,834 15,271 SH   DFND 1, 2 0 15,271 0
VANGUARD INDEX FDS TOTAL STK MKT 922908769 1,750 16,779 SH   DFND 1, 2 0 16,779 0
VANGUARD INTL EQUITY INDEX F ALLWRLD EX US 922042775 254 5,849 SH   DFND 1, 2 0 5,849 0
VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF 922042858 1,166 35,637 SH   DFND 1, 2 0 35,637 0
VANGUARD INTL EQUITY INDEX F FTSE EUROPE ETF 922042874 535 10,716 SH   DFND 1, 2 0 10,716 0
VANGUARD SCOTTSDALE FDS LG-TERM COR BD 92206C813 703 8,356 SH   DFND 1, 2 0 8,356 0
VANGUARD MALVERN FDS STRM INFPROIDX 922020805 1,861 38,486 SH   DFND 1, 2 0 38,486 0
VANGUARD SCOTTSDALE FDS SHRT TRM CORP BD 92206C409 3,276 41,469 SH   DFND 1, 2 0 41,469 0
VANGUARD SCOTTSDALE FDS INT-TERM CORP 92206C870 2,228 26,491 SH   DFND 1, 2 0 26,491 0
VANGUARD SPECIALIZED PORTFOL DIV APP ETF 921908844 1,335 17,165 SH   DFND 1, 2 0 17,165 0
VANGUARD STAR FD VG TL INTL STK F 921909768 232 5,153 SH   DFND 1, 2 0 5,153 0
VIASAT INC COM 92552V100 277 4,542 SH   DFND 1, 2 0 4,542 0
VISHAY PRECISION GROUP INC COM 92835K103 246 21,753 SH   DFND 1, 2 0 21,753 0
WIDEPOINT CORP COM COM 967590100 346 497,443 SH   DFND 1, 2 0 497,443 0
WISDOMTREE TR GLB NAT RES FD 97717W711 441 40,060 SH   DFND 1, 2 0 40,060 0