The SEC publishes a document, “Report on Questionable and Illegal Corporate Payments and Practices,” reporting that 95 US companies have now revealed improper payments abroad, resulting in 14 injunctions. The commission also refers S. 3418 to Sen. William Proxmire, “A bill to amend the Securities Exchange Act of 1934 to prohibit certain issuers of securities from falsifying their books and records, and for related purposes.”
12/19/1977
Inside the White House, Carter signs into law P.L. 95-213. The Foreign Corrupt Practices Act is enacted.
