Once again pulling no punches, Breakingviews dubs Foxconn’s [now questionable] takeover a “messy milestone” for Sharp, the “ailing maker of display TVs” – NYTimes

South Korea’s top financial regulator is seeking to investigate US hedge fund Elliott Associates for “a possible breach of disclosure rules when it acquired a stake in the Samsung conglomerate’s de facto holding company last year” – WSJ

The DOJ’s multiyear probe into Moody’s alleged role in precipitating the financial meltdown by inflating mortgage bond ratings is reaching the critical point, according to Bloomberg, at which a decision to proceed with a lawsuit against the rating agency is but a few months away – Bloomberg

If you really want to get in the weeds on financial regulation, take up this In Debt column on Dodd-Frank’s treatment of failed broker-dealers, which doesn’t implicate the Securities Investor Protection Act in a way that one might think. If one was inclined to think that way in the first place – NYTimes

RBS posted another annual loss for 2015—more than $2.75 billion—and announced a delayed shareholder dividend, sending its shares tumbling today – Bloomberg

Close market watchers had reason to celebrate last night, as the S&P and Dow Jones both closed above their 50-day moving averages for the first time in two months – WSJ

UBS will pay $33 million to resolve claims by the National Credit Union Association that “it lied on offering documents” for RMBS – Law360

The SEC’s recent push into policing accounting fraud—likely a product of being helmed largely by “former prosecutors who have also spent time at large law firms defending complex fraud”—could have a long-term effect on the work of the agency, especially as financial-crisis-era cases are fading away – WSJ

Here’s a fascinating look at group dynamics in this piece on Google’s “quest to build the perfect team” and the interesting mix of data and feelings – NYTimes

Your definitive meme-of-the-moment “Damn, Daniel” article, courtesy of the Gray Lady, our newspaper of record. Oh, America . . .  – NYTimes