News and Resources

FCPA: Recent Enforcement Activity Sounds Warning for Financial Services Industry

David S. Krakoff, James T. Parkinson & Bradley A. Marcus

June 1, 2011

When Cheryl J. Scarboro, Chief of the SEC's Foreign Corrupt Practices Act (FCPA) enforcement unit, remarked in November 2010 that her unit "will continue to focus on industry-wide sweeps and [that] no industry is immune from [FCPA] investigation," the financial services industry would have been wise to take notice.

Published by Business Crimes Bulletin