On Tuesday, the SEC announced that Citigroup would pay $7 million and admit that it submitted “inaccurate trade data” to the Commission over a period of 15 years in order to resolve claims that it left out “thousands of tractions in ‘blue sheets’” from 1999 to 2014 – Law360

You may not be surprised to learn that Ireland is experiencing, well, inverse feelings than the US when it comes to corporate deals that relocate American HQ to the Emerald Isle for improved tax treatment.  The practice (and other financial sleight of hand) is largely responsible for the return of some roar to the Celtic Tiger – NYTimes

The Dow joined the S&P 500 in hitting a new record yesterday—its first since May 2015 – WSJ and Bloomberg

And some solid US economic data is surely helping it along – WSJ

All of which, however, may be covering up troubling times in the junk-bond market.  Fitch was out with news this week that the trailing 12-month junk-bond default rate hit a 6-year high in June, with energy companies leading the way thanks to oil prices that not rebounding fast enough to save an industry in dire straits – WSJ

With the UK in a spot of political chaos at the moment, markets aren’t alone in looking to the Bank of England and its Governor Mark Carney for some post-Brexit stability – WSJ

Law360 gives us the inside scoop on the top securities cases kicking around the federal courts in the second half of 2016 – Law360

In terms of scale, Amazon’s Prime Day barely holds a candle to Alibaba’s Single’s Day. But still—a 35% boost in Prime memberships over last year is nothing to scoff at – Bloomberg

The retrial for two former Barclays traders whose fate over Libor-rigging charges is still unknown because a London jury was recently unable to reach a decision has been set for next February – NYTimes

The Journal looks how major headwinds in the online lending industry could turn a noted fintech darling and traditional-finance-disrupter SoFi into something that looks a lot more like one of the traditional banks it’s been trying to disrupt – WSJ

I think history will reflect four distinct eras in the life of this NY “Live with” television institution: Regis and Kathie Lee, Regis and Kelly, Kelly & Michael, and that time that Leslie Jones was on – Live