On June 14, 2011, the House Judiciary Committee (Subcommittee on Crime, Terrorism, and Homeland Security) held an FCPA hearing. During the hearing, Chairman James Sensenbrenner (R-WI) firmly stated “we are going to be drafting a [FCPA reform] bill.”
The force in which the statement was made (as well as the general tone of the hearing) gave the impression that a reform bill would soon follow the hearing. However, over six months has passed and the much anticipated reform bill has not been introduced.
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