SEC Chairman Nominee Won’t Abandon Anti-Bribery Law

Bloomberg  BNA reports that President Trump’s nominee for SEC Chairman, Jay Clayton, has stated support for continued use of the Foreign Corrupt Practices Act (FCPA), calling it a “powerful  and effective tool.”  In an April 4 report, Bloomberg BNA cites to written responses to questions from Sen. Sherrod Brown (D-Ohio), ranking member of the Senate Banking Committee, where Mr. Clayton extensively discussed the FCPA.

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