U.S. regulator opens inquiry into Wall Street's blank check IPO frenzy

REUTERS

The U.S. securities regulator has opened an inquiry into Wall Street’s blank check acquisition frenzy and is seeking information on how underwriters are managing the risks involved, said four people with direct knowledge of the matter. read more »

'Your identity is safe with us', UK finance watchdog tells whistleblowers

REUTERS

Britain’s financial regulator launched a public campaign on Wednesday to reassure whistleblowers that their identities will be protected as the watchdog beefs up efforts to uncover wrongdoing. read more »

Novartis corrects chairman's comments about kickbacks case

YAHOO

Novartis on Wednesday had to correct comments made by Chairman Joerg Reinhardt to a Swiss newspaper, because his portrayal of conduct that led to a $678 million U.S. settlement over kickbacks last year risked violating the agreement. read more »