The Champion

December 2012 , Page 7 

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NACDL News: DOJ and SEC Issue Nonbinding ‘Guidance’ on FCPA Enforcement

By Ivan J. Dominguez

Read more NACDL News columns.

The U.S. Department of Justice (DOJ) and Securities and Exchange Commission (SEC) issued long-expected guidance concerning the enforcement of the Foreign Corrupt Practices Act (FCPA) on Nov. 14, 2012.

NACDL has been diligent in its efforts to achieve FCPA reform, including providing testimony before Congress. In February 2012, NACDL joined the U.S. Chamber Institute for Legal Reform and more than 30 other trade and business groups on a letter to the DOJ and SEC identifying several concerns regarding criminal enforcement of the FCPA in connection with official guidance that DOJ had promised to issue in order to bring clarity to the law. And in April, NACDL participated in a roundtable discussion concerning the FCPA, hosted by the U.S. Chamber Institute for Legal Reform and including senior officials from the U.S. Department of Justice, the Securities and Exchange Commission, and the Department of Commerce, as well as numerous business groups and trade associations.

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  • Media inquiries: Contact NACDL's Director of Public Affairs & Communications Ivan J. Dominguez at 202-465-7662 or idominguez@nacdl.org
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