The Fixed Income Clearing Corporation proposed rule amendments that are intended to make effective the SEC's recent adoption of requirements that members of a central clearing organization for U.S. government securities clear certain repo and cash market trades in U.S. governments.
News & Insights
A global software company settled SEC charges for anti-bribery, books and records and internal accounting controls violations under the Foreign Corrupt Practices Act.
A U.S.-based global chemicals company settled SEC charges for bribery and recordkeeping and internal accounting controls failures in violation of the Foreign Corrupt Practices Act.
A multinational telecommunications and internet service provider settled charges with the SEC for making materially misleading statements and omissions regarding "cost-of-revenue" in its annual, quarterly and current reports.
A manufacturer settled charges for Foreign Corrupt Practices Act violations after a Chinese subsidiary improperly recorded expenses for providing Chinese government officials with overseas travel and entertainment as legitimate business expenses.