SEC's FCPA Unit Still A Work In Progress

Law360, New York (January 14, 2014, 7:18 PM EST) -- The U.S. Securities and Exchange Commission's Foreign Corrupt Practices Act unit has racked up more than $1 billion in settlements since it was created four years ago, but attorneys including the former head of the unit say it has sometimes failed to disclose crucial details about its work.

The FCPA unit was created in January 2010 as one of five specialized groups designed to streamline enforcement efforts. Since then, the unit has filed nearly 50 corporate FCPA enforcement actions and collected more than $1 billion in...
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