Clarification: While it’s true that the Securities and Exchange Commission has brought a record number of Foreign Corrupt Practices Act enforcement actions against corporations this year, some numbers in our story were inaccurate. Click here to read our explanation of which figures need clarifying and correcting.
There seems to be no relief for general counsel haunted by the onslaught of foreign bribery investigations. The Securities and Exchange Commission (SEC) today set a new annual record for the number of enforcement actions it has taken against companies or their executives for bribery of foreign officials.
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