It may lack some of the flourish of a BBG missive, but you can be sure that plenty of insiders are paying close attention to Mr. Buffet’s annual letter to Berkshire Hathaway shareholders – NYTimes and WSJ and Bloomberg

The Journal is keeping an eye on the now-parallel movement of stocks and bonds and calling it a sign that investors may be “losing faith in the so-called reflation trade” – WSJ

In a reversal, the SEC is calling off industrywide collateral bars for conduct that preceded the Dodd-Frank Act – Law360

Fair Game’s chalking one up for bank whistle-blowers thanks to a recent High Court decision that supported a more expansive standard for False Claims Act actions against those who defraud the government – NYTimes

Keep an eye out for more Chinese IPOs – Bloomberg

A staggering legal spend made 2016 a year to forget for RBS – Law360

In Japan, a generation’s worth of deflation has created an “ingrained” mindset that it will continue so powerful that even radical monetary policies have had none of the intended effects – WSJ

Citi has disclosed an SEC investigation into the company’s foreign hiring practices – Law360

HMD is hoping that what’s old can be new again, as it unveils its version of the Nokia brick, this time in smartphone version – Bloomberg

Anyone stay up for the whole Oscars last night?  Didn’t realize they had M. Night Shyamalan producing until riiiiiight at the end – NYTimes