Which of the following legislations could fine companies for failing to disclose bribes and other forms of payments to foreign officials before the Foreign Corrupt Practices Act was introduced?

Question

Quizplus · Accepted Answer

The Securities and Exchange Commission (SEC) had the power to fine companies for failing to disclose bribes and other forms of payments to foreign officials before the Foreign Corrupt Practices Act (FCPA) was introduced in 1977. The Dodd-Frank Wall Street Reform and Consumer Protection Act, the U.S. Federal Sentencing Guidelines for Organizations, and the Ethics Resource Center were introduced later and are not relevant to this question.

Which of the Following Legislations Could Fine Companies for Failing