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Commodities Briefing - Categorized | Market Moves, Regulatory more

US targets commodities and corruption

Posted on 10 May 2013

Archer Daniels Midland is the first commodities trading house to be enmeshed in the US anti-bribery law. It may not be the last.
The American company last week disclosed it had set aside $25m to cover potential penalties for violations of the Foreign Corrupt Practices Act (FCPA), the law that the US Department of Justice and Securities and Exchange Commission have in recent years started aggressively enforcing………………………………….Full Article: Source


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