After months investigating Chinese companies that trade on U.S. exchanges, is the Securities and Exchange Commission finally ready to begin taking its targets to court?

Missy Chase Lapine's pursuit of the Seinfelds has come upon a dead end.

To earn a crucial victory for background music provider DMX Inc. on Wednesday at the Second Circuit, Rich stood up against an entrenched licensing model, industry titans, and the daunting duo of Seth Waxman and Ted Olson. The win, he said, advances his "transcendent objective" of increasing competition in the music licensing world.

A former GE general counsel and a onetime undersecretary of state say there's too much tolerance of corruption around the world. The U.S. is doing its part, they say, but it's time for the rest of the world to crack down as well.