Lawmakers Vow To Redraft Anti-Corruption Bill

Law360, New York (July 26, 2011, 2:43 PM EDT) -- Federal lawmakers conceded Tuesday that they needed to tighten up proposed anti-corruption legislation that would ban secret self-dealing by public officials after the U.S. Supreme Court struck down part of the existing law last year.

"The whole purpose of this bill is to try to have a very clear definition so that public officials know what is a violation and what isn't," said Rep. Jim Sensenbrenner, R-Wis., one of the bill's two co-sponsor's in the House, after witnesses testified at a hearing before members of the...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.