SEC Probes Tech Companies' Overseas Business Relationships for Corruption

Elena Vasileva
1 min read

the US Securities and Exchange Commission is investigating publicly traded tech companies' relationships with overseas distributors and business partners to uncover potential corruption.

Key Takeaways:

  • The SEC has begun sending letters to tech companies about their partnerships with non-US entities under the Foreign Corrupt Practices Act
  • The investigation aims to uncover any potential corruption involving offering incentives to non-US officials to win business contracts


This investigation demonstrates the SEC's commitment to enforcing anti-corruption laws and could lead to heightened scrutiny and potential repercussions for tech companies involved in overseas business dealings.

Do You Know?

  • Foreign Corrupt Practices Act (FCPA): This law makes it a crime to offer anything of value to foreign officials to obtain or retain business.
This article is submitted by our user under the News Submission Rules and Guidelines.The cover photo is computer generated art for illustrative purposes only; not indicative of factual content.

Subscribe to our Newsletter

Get the latest in enterprise business and tech with exclusive peeks at our new offerings