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More on the Fed’s anticipated move this afternoon to begin shrinking its bond holdings (while not moving on rates quite yet) – NYTimes and WSJ and MarketWatch and Bloomberg

Andrew Ross Sorkin on the at-times devastating side effects of the IPO process and some new “blank check” companies aiming at eliminating the “brain damage” part of the equation – NYTimes

Uber is investigating payments made by staff in its Asia operations in Indonesia as part of its response to a federal probe over possible violation of laws against overseas bribery – Bloomberg

The Systemic Risk Council—a heady group of “former top financial regulators, regulators, policymakers and academics”—is warning that the rollback of Dodd-Frank and other financial regulators could lead to bank failures and destabilize the global financial system – Law360

Be warned, says Masayoshi Son, we’re fast approaching science fiction becoming science fact—aka, beware of the Singularity – NYTimes

Guggenheim Partners’ CEO Mark Walter, the man who helped turn the firm into an “investment powerhouse,” is reportedly considering stepping away from that post amidst SEC scrutiny – WSJ and Bloomberg

As execs at Equifax would undoubtedly tell you right about now, there’s a real benefit to practice—especially when it comes to handling a crisis – NYTimes

Speaking of crises, Massachusetts AG Maura Healy has fired the opening salvo in what promises to be a fusillade of state legal actions against Equifax – WSJ

Scientists have discovered the gene responsible for the color on butterflies’ wings, and now they’re psyched about the prospect of using CRISPR to do some real-life wing designing – NYTimes

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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