Law360, New York (July 29, 2014, 6:59 PM EDT) -- As the U.S. Securities and Exchange Commission makes good on its promise to crack down on violations of the Foreign Corrupt Practices Act, small publicly traded companies like Smith & Wesson Holding Corp. — which paid $2 million Monday to settle bribery charges — are struggling to balance the draws of emerging market expansion with the costs of American regulatory compliance.
While many small companies have developed an appetite for merging into emerging or high-growth markets like Pakistan and China, they are often ill-equipped to build the proper infrastructure, conduct business remotely and hire the right people without running afoul of...
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