US Securities and Exchange Commission and Department of Justice Clarify “Best Practices” for FCPA Compliance
11 January 2011
Mayer Brown Legal Update
A recent Securities and Exchange Commission (SEC) and Department of Justice (DOJ) settlement provides companies with guidelines to follow in order to limit exposure under the Foreign Corrupt Practices Act (FCPA). On December 10, 2010, the SEC and DOJ announced a settlement in their FCPA enforcement action against RAE Systems, Inc.