Explain united states securities and exchange commission


Assignment task:

Let's assume YOU are a sales rep for XYZ corporation's international division. You have learned of good opportunities for your company's product (high-tech widgets) in the country of Carjackistan. You fly over, meet with the Ministry of Trade for the country, and offer an "incentive" so that he will help you make some connections with the right people. Through the Ministry's connections, you wind up with three orders from companies that total $7M. Elated, you return home, and your manager is deliriously happy with these large orders. You're happy, too, as your commission on the sales will put a nice $105,000 in your paycheck. Not bad!!! Two days later, three agents from the United States Securities and Exchange Commission visit your company and arrest you. What happened? Why?

Request for Solution File

Ask an Expert for Answer!!
Other Management: Explain united states securities and exchange commission
Reference No:- TGS03319641

Expected delivery within 24 Hours