Going Easy: The Securities and Exchange Commission showed leniency toward Bank of America in penalizing the firm for securities law violations last year because the financially weakened bank was on taxpayer-backed life support, the Washington Post reports.
WikiWanted: Interpol has placed Julian Assange, the founder of the WikiLeaks whistle-blowing organization, on a so-called red notice wanted list following allegations of sexual misbehavior by a Swedish prosecutor, according to The New York Times.
Hedge Fund Investigation: Three hedge funds raided by U.S. federal agents a week ago face a daunting task to return to business as usual, and may be left with only one good option: return money to their wealthy clients, Reuters reports.
Net Neutrality: The Federal Communications Commission announced a tentative agenda for its next meeting that included an order to adopt regulations "to preserve the open Internet as a platform for innovation, investment, competition and free expression,” according to Reuters.
Google Investigation: The European Union's antitrust cop began a formal investigation of Google Inc. that zeroes in on its core search and advertising businesses, cementing the Silicon Valley company's position as Europe's premier corporate target, according to The Wall Street Journal.
More Google: Google is also close to an agreement to acquire daily coupon company Groupon Inc. for about $6 billion, according to Bloomberg.