Defendant Name: Centrais Elétricas Brasileiras S.A. 

Defendant Type: Public Company
SIC Code: 4911
CUSIP: 15234Q20

Document Reference: 34-84973

Document Details

Legal Case Name In the Matter of Centrais Elétricas Brasileiras S.A.
Document Name Order Instituting Cease-and-Desist Proceedings, Pursuant to Section 21C of the Securities Exchange Act of 1934, Making Findings, and Imposing Remedial Sanctions and a Cease-and-Desist Order
Document Date 26-Dec-2018
Document Format Administrative Proceeding
File Number 3-18962
AAER 4010
Allegation Type Foreign Corrupt Practices Act
Document Summary On December 26, 2018, the SEC issued an order against Centrais Elétricas Brasileiras S.A. stating: "These proceedings arise out of Eletrobras's violations of the internal accounting controls and recordkeeping provisions of the Foreign Corrupt Practices Act of 1977."

Disgorgement & Penalty Information

Resolutions
Cease and Desist Order
Cooperation Before the Resolution
Remedial Acts or Efforts Before the Resolution
Monetary Penalties:

Civil Penalty

Individual:     $2,500,000.00 Shared:    

Related Documents:

34-84973-s 26-Dec-2018 Administrative Summary
SEC Charges Eletrobras with Violating Books and Records and Internal Accounting Controls Provisions of the FCPA
The SEC stated: "[I]t charged Brazil-based Centrais Elétricas Brasileiras S.A. with violating the books and records and the internal accounting controls provisions of the Foreign Corrupt Practices Act (FCPA)."