Brendan Shanahan, the NHL's senior vice president of hockey operations and player safety, said Volchenkov extended his elbow on the play rather than making a full body check.

WSJ: Devils D Anton Volchenkov suspended for 4 games

"As a company we are keen to play our full part, with others in our industry, in creating a new body that commands the confidence of the public, " said Tom Mockridge, chief executive of News International, the U.K. newspaper unit of News Corp.

WSJ: Leveson Report Urges 'Self-Regulation' of U.K. Press