OSI Systems, a U.S. company that develops and markets security and inspection systems, announced that the Department of Justice and Securities and Exchange Commission have informed the company that they have closed their respective investigations into possible violations of the Foreign Corrupt Practices Act. OSI Systems did not provide any further details in announcing the closing of the investigations.

Jaclyn Jaeger is a freelance contributor to Compliance Week after working for the company for 15 years. She writes on a wide variety of topics, including ethics and compliance, risk management, legal,...