Trump’s S.E.C. Nominee Disclosure Offers Rare Glimpse of Clients and Conflicts (The New York Times)
The New York Times, March 8, 2017
Trump’s S.E.C. Nominee Disclosure Offers Rare Glimpse of Clients and Conflicts
“Ms. Cortez Masto, the Nevada Democrat, also points in her letter to TeliaSonera’s ties to Iran, which stem from the company’s stake in Turkcell, a Turkish mobile phone provider. And last year, she notes, the company disclosed that it had received an offer from authorities in the United States and the Netherlands to settle investigations into bribery accusations for $1.4 billion. That case, which Mr. Clayton did not have a role in, involves potential violations of the Foreign Corrupt Practices Act, a crucial component of the S.E.C.’s enforcement arsenal. Mr. Clayton spoke out against the bribery law in a 2011 report by a New York City Bar Association he led as ‘unilateral and zealous enforcement of the F.C.P.A’ that may ‘exacerbate the problem of overseas corruption.'”
