Health-care focused hedge fund Visium Asset Management disclosed to investors yesterday that it’s the subject of an ongoing SEC and DOJ investigation—reportedly over Visium’s “valuation of certain securities” in a fund it shut down in 2013, among other things – NYTimes and WSJ and Law360

In chemical  giant news, Germany’s BASF is considering a late-in-the-game counterbid for DuPont. But Breakingviews says the “tax benefits alone” in the Dow deal make the original deal “pretty close to ironclad” – NYTimes

Streetwise suggests that we pump the brakes on a guaranteed stronger US Dollar against the Euro—even with a solid US jobs outlook and Europe’s struggle with low inflation – WSJ

A Dealbook “Another View” piece on the intersection of international insurance standards and domestic administrative law and the perhaps predictable result of slowing down new global regulation – NYTimes

The FTC has asked 9 major auditing firms to provide the agency with details of how they assess compliance with the PCI-DSS as part of “an initiative to study the state of credit card industry data security auditing.” Before your eyes glaze completely over, know that PCI compliance is required by the major credit card brands for retailers processing more than 1 million card transactions/year, making assessing that compliance a big deal – Law360

Many sounded alarm bells at the state of junk bonds in recent months, especially as commodities tanked.  But, wouldn’t you know it, a big old snooze button seems more appropriate, with investors pouring nearly $5 billion into junk-bond mutual funds and ETFs last week alone – WSJ

The latest from the ad wizards: emojis are here to stay. And they’ve got the numbers to prove it (92% of the online population uses them, and one emoji keyboard maker estimates that 6 billion are sent each day) – NYTimes

Beat this for terrifying, hilarious, and oddly mesmerizing all wrapped into one, I dare you – Deadspin