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SEC official says agency can help self-reporting companies dig up information, achieve 'closure' in US FCPA cases

SEC official says agency can help self-reporting companies dig up information, achieve 'closure' in US FCPA cases
Published on: 15 April 2021
Published by: MLex
  • SEC official says agency can help self-reporting companies dig up information, achieve 'closure' in US FCPA cases
MLex: For companies self-reporting corruption, the US Securities and Exchange Commission (SEC) could be an ally, even offering investigative resources that can help a company achieve ‘closure,’ an agency official said. ‘When you're looking at a Foreign Corrupt Practices Act (FCPA) issue, there may be certain information that the company doesn't have the ability to get,’ Tracy Price, the deputy head of the SEC's FCPA unit, said. ‘We may be able to bring a lot of benefits and even closure to the company.’
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