You are reading the September 2024 Update of the Bass, Berry & Sims Enforcement Roundup, where we bring notable enforcement actions, policy changes, interesting news articles, and a bit of our insight to your inbox.
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- John Deere agreed with the Securities and Exchange Commission (SEC) to pay nearly $10 million related to Foreign Corrupt Practices Act (FCPA) violations resulting from conduct of a Thai subsidiary.
- The Department of Justice (DOJ) announced five trade enforcement matters resulting from the efforts of the Disruptive Technology Strike Force.
- The Bureau of Industry and Security’s (BIS) Office of Information and Communications Technology and Services (OICTS) promulgated a proposed rule that would prohibit certain transactions involving “connected vehicle” technology from the People’s Republic of China (PRC) and Russia.
- BIS imposed a $400,000 penalty against First Call International, a global procurement and manufacturing company, for export violations.
- The Office of Antiboycott Compliance (OAC) settled with Quantum Corporation, a data storage company, for violations of U.S. antiboycott regulations.