LexisNexis® Legal Newsroom
Ashland Oil – The FCPA’s First Repeat Offender

This article was reprinted with permission from FCPA Professor [This post is part of a periodic series regarding "old" FCPA enforcement actions] In 1986 the SEC brought this civil injunctive action against Ashland Oil, Inc. (a Kentucky based oil refining company) and its Chairman...

“Get The Business, I Don’t Want To Know How”

This article was reprinted with permission from FCPA Professor [This post is part of a periodic series regarding "old" FCPA enforcement actions] In 1989 the DOJ charged (see here ) Goodyear International Corp., a subsidiary of Goodyear Tire & Rubber Co., with FCPA anti-bribery...

In the Words Of Roderick Hills

This article was reprinted with permission from FCPA Professor Recently, the SEC noted the passing of Roderick Hills (Chairman of the Securities and Exchange Commission from 1975 to 1977). It was during this time period in which Congress was engaged in its multi-year investigation and deliberation...

Former SEC Chairman Roderick Hills and the FCPA

Roderick Hills, who passed away at the end of last month, served as Chairman of the SEC through one if its most turbulent periods – the birth of the Foreign Corrupt Practices Act. When Mr. Hills became Chairman in 1975 the SEC had already initiated the first of what would become a series of illicit...

BNY Mellon Settles First Sons and Daughters (and Nephews) FCPA Hiring Matter – Part I

Yesterday the Securities and Exchange Commission (SEC) announced a resolution with Bank of New York Mellon Corporation (BNY Mellon) for violations of the Foreign Corrupt Practices Act (FCPA). This was the first enforcement action around the now infamous Princesslings and Princelings investigations where...

Bank of New York Mellon Settles FCPA Charges Regarding Internships for Relatives of Sovereign Wealth Fund Officials

On August 18, 2015, the Securities and Exchange Commission (“SEC”) announced that the Bank of New York Mellon Corporation (“BNY Mellon”) had agreed to settle administrative charges that it violated the Foreign Corrupt Practices Act (“FCPA”) by providing internships...

Thus Far In 2015 …

This article was reprinted with permission from FCPA Professor The day after Labor Day has always seemed like a second New Year. In that spirit, let’s kick off the “new year” by reviewing what has happened thus far in 2015. ***** August Enforcement activity There were...