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SEC Probing FIFA Because Why Not?

Can't think of a good reason not to, so.
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Everyoneelse is doing it, after all, and it’s not like Mary Jo White doesn’t have enough on her plate.

U.S. securities regulators are examining the behaviour of several companies with links to FIFA or other soccer bodies caught up in a major corruption scandal to see if there were possible violations of U.S. federal bribery laws, a person with knowledge of the matter said….

The SEC probe centres on publicly-traded companies who have been involved in soccer contracts, such as athletic shoes and sportswear company Nike Inc, said the source, who asked not to be named because of the non-public nature of the investigation.

Also: We now know exactly how much longer we’ll have Sepp Blatter to kick around and throw fake money at.

FIFA announced Monday that it would select a replacement for its embattled president, Sepp Blatter, in a special election Feb. 26….

With humor and his customary folksy manner, Mr. Blatter dismissed unwelcome questions — and at one point an interloper who showered him with dollar bills.

U.S. SEC launches civil probe into FIFA bribery case [Reuters]
FIFA Sets Vote to Replace Sepp Blatter and Begin Overhaul Campaign [NYT]



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