Tornado Alley (PROG)

[fuagf]

Excellent, then, Trump risks prosecution for questionable deal

-
The Rachel Maddow Show
3/6/17

Adam Davidson, staff writer for The New Yorker, talks with Rachel Maddow about the potential that Donald Trump violated anti-corruption laws with an unusual deal in Azerbaijan. Duration: 5:36

©2017 NBCNews.com

http://www.msnbc.com/rachel-maddow/watch/trump-risks-prosecution-for-questionable-deal-891676739740
-

was the next in your ..http://investorshub.advfn.com/boards/read_msg.aspx?message_id=129287353 .. you linked

.. 'exceedingly out-of-the-ballpark reckless business practice' adds evidence in support of the suggestion Trump has “malignant narcissism,” ..
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=128231379

==

FCPA Expectations Under President Trump

By Roderick Thomas and Colin Cloherty, Wiley Rein LLP
Law360, New York (January 24, 2017, 1:09 PM EST) --

Since the election, most commentators have suggested that the Trump administration will relax enforcement of the Foreign Corrupt Practices Act. With attorney general nominee Jeff Sessions’ confirmation likely and Jay Clayton’s nomination to chair the U.S. Securities and Exchange Commission, the FCPA regulatory environment is coming into better focus. We remain skeptical that FCPA enforcement will wane and encourage continued robust compliance procedures for parties subject to the FCPA. Before discussing our skepticism or the Trump administration’s likely changes in FCPA enforcement, the case for reduced FCPA enforcement merits examination.

The Narrative: Reduced FCPA Enforcement Under the Trump Administration

President Donald Trump is on record as opposing the FCPA. The narrative of reduced FCPA enforcement is based on President Trump’s 2012 appearance on CNBC’s "SquawkBox," where he decried the FCPA as an “outrageous” law. Trump said that he is “fine” with foreign countries enforcing anti-corruption laws in their own country, but found it “ridiculous” that the United States would criminalize bribes that occur abroad. Trump’s opinions in the interview, that the United States was no longer a leader in the world and that regulations are hurting American businesses and workers, can be viewed as a precursor to many of the themes of his presidential campaign.

The nomination of Jay Clayton as chairman of the SEC reinforced this narrative.

[...]

The FCPA protects American businesses around the world.

The FCPA functions to protect American businesses. According to FCPAblog.com, seven of the 10 largest FCPA enforcement actions in 2016,[3] and eight of the 10 largest FCPA enforcement actions in history,[4] were against foreign companies. In recent years, the FCPA is not the millstone for American business that President Trump described in the 2012 CNBC interview.
.. much more .. https://www.law360.com/articles/883641/fcpa-expectations-under-president-trump