Antitrust & Trade Reg.
Aug. 20, 2014
FCPA enforcement lacks transparency
In a case touted as a "wake-up call" for medium-size or smaller businesses seeking to enter high-risk international markets, the SEC may have been sending an unintended message. By Dan Shallman and Jorge deNeve
The Securities and Exchange Commission was sending a message - but was it the same one the agency intended? In a case touted as a "wake-up call" for medium-size or smaller businesses seeking to enter high-risk international markets, the SEC recently charged gun manufacturer Smith & Wesson with violating the Foreign Corrupt Practices Act. The SEC's July 28 administrative order accused Smith & Wesson of engagi...
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