The long wait is over for guidance on how U.S. law enforcement agencies will prosecute companies under the Foreign Corrupt Practices Act. On Wednesday, the Department of Justice and the Securities and Exchange Commission released a document that officials said they hoped would serve as a desk reference for companies big and small as they work to prevent bribery in global business dealings.
Public company officers can put this on their desk . . . and understand what it is were doing in this space, and run their companies accordingly, Robert Khuzami, director of enforcement at the SEC, told reporters during a Wednesday afternoon press conference.
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