Securities and Exchange Commission (SEC), United States
Independent U.S. federal agency that regulates the securities market, created in 1934; party to the Braskem and Petrobras agreements.
Figures on the dashboard
- US$957.0 million — Braskem's global settlement with the SEC, the DOJ, Brazil and Switzerland (Provided for in agreements, Dec. 21, 2016)
- US$853.2 million — Total criminal penalty in Petrobras's agreement with the DOJ (includes credits for the SEC and Brazil) (Paid by Petrobras, Sept. 27, 2018)
- US$682.6 million — The 80% portion of the DOJ agreement allocated to Brazil (Petrobras's agreement with the MPF) (Paid by Petrobras, Sept. 27, 2018)
Documented links
- Braskem S.A. signed an agreement with SEC: Braskem's agreement with the SEC in 2016 in the context of Lava Jato.
Sources (1)
SEC (Litigation Release 23705, December 21, 2016): Braskem's global settlement with the SEC, DOJ, and authorities in Brazil and Switzerland of US$957 million, including disgorgement of US$325 million (US$65 million to the SEC and US$260 million to Brazilian authorities) and more than US$632 million in criminal penalties.
Official documentProven in a documentSource: SEC Litigation Release No. 23705 — Braskem S.A. — U.S. Securities and Exchange Commission, Dec. 21, 2016 · text of the release · open original ↗
Evidence
SEC (Litigation Release 23705, December 21, 2016): Braskem's global settlement with the SEC, DOJ, and authorities in Brazil and Switzerland of US$957 million, including disgorgement of US$325 million (US$65 million to the SEC and US$260 million to Brazilian authorities) and more than US$632 million in criminal penalties.
Source: SEC Litigation Release No. 23705 — Braskem S.A. — U.S. Securities and Exchange Commission, Dec. 21, 2016 · text of the release · open original ↗
CFO (December 2016): "Odebrecht agreed to pay $2.6 billion"; the opening text says more than US$2.5 billion; the amount is not broken down by agency. The combined total with Braskem would be about US$3.5 billion (sum not confirmed in the text).
Source: SEC Settles Two Huge FCPA Cases — CFO, Dec. 2016 · body of the report · open original ↗
DOJ (September 27, 2018): Petrobras agreed to pay US$853.2 million, under a non-prosecution agreement, to resolve an FCPA investigation; the United States will credit amounts paid to the SEC and to Brazil, with the DOJ and SEC each receiving 10% (US$85.32 million each) and Brazil 80% (US$682.56 million). A 25% discount off the bottom of the sentencing guidelines range was applied.
Source: Petrobras Agrees to Pay More Than $850 Million for FCPA Violations (comunicado do Departamento de Justiça dos EUA) — U.S. Department of Justice, Sept. 27, 2018 · pages 1–2 of the statement · open original ↗
The SEC is an independent US federal agency that regulates the securities market; created in 1934.
Source: Comissão de Valores Mobiliários dos Estados Unidos (verbete da Wikipédia em português) — Portuguese-language Wikipedia, Oct. 24, 2026 · lead · open original ↗