The SEC guards the integrity of U.S. markets and protects investors by requiring issuers to disclose material information about themselves and their directors and officers. However, the SEC doesn’t tell anyone what to say or how to say it.… Continue Reading
Posts Tagged: Disclosure
An American manufacturing company said last week it will stop updating disclosures about an FCPA investigation the SEC hasn’t commented on for five years.
Cleveland-based Park-Ohio Industries, Inc. said in a securities filing that it responded to a subpoena from the SEC in 2013.… Continue Reading
Trinity Industries, best known for making railroad cars, is spinning off part of its infrastructure business into a new public company called Arcosa.
During the first half of 2018, seven issuers resolved FCPA offenses with the the DOJ or SEC or both. When did the companies first learn about their potential FCPA offenses, (according to their own disclosures), when did they first disclose the potential offenses, and when did they finally resolve the offenses with the feds?… Continue Reading
Yahoo! Inc. agreed Tuesday to pay a $35 million penalty to settle charges that it misled investors by failing to disclose one of the world’s largest data breaches in which hackers stole personal data relating to hundreds of millions of user accounts.… Continue Reading
The research team at FCPA Tracker reads stacks of SEC filings, and every FCPA investigation disclosure.
Sometimes we come across a disclosure that doesn’t fit into any category. That happened with the 10-K that World Fuel Services (or WFS) filed with the SEC on February 28.… Continue Reading
It has been a common practice for SEC-registered companies with international operations to include FCPA enforcement as a “risk factor” that investors should consider before buying the company’s securities.
Some companies with operations in China have also included warnings about the risks of doing business there.… Continue Reading
There are currently six banks with open disclosed FCPA-related investigations.
Disclosure rules for cryptocurrencies like Bitcoin are seriously lagging at the state and federal level. Without a standardized ethics framework to monitor public officials’ cryptocurrency transactions, potential conflicts of interest and even bribery can arise and remain undetected.… Continue Reading
The U.S. Senate voted in February to repeal an SEC rule that would have required oil and gas and mining companies to disclose each year all of their payments to foreign governments for exploration and production rights, permits, taxes, and other things.… Continue Reading