ComEd 2006 Annual Report Download - page 477

Approved by Exelon Board of Directors 06-27-06
Foreign Corrupt Practices Act
The Foreign Corrupt Practices Act (“FCPA”) has two main provisions. The anti-bribery provision makes it a crime to promise or give
anything of value to foreign governmental or political officials or their agents to obtain or retain business, obtain any improper
advantage or otherwise influence their judgment in the performance of official duties.
The FCPA also requires that publicly held companies, like Exelon, maintain accurate books, records and accounts and devise a
system of internal accounting controls sufficient to provide reasonable assurance that, among other things, the Company’s books and
records fairly and accurately reflect business activities and transactions. It is Exelon policy to present financial statements fairly and
accurately and in accordance with generally accepted accounting principles.
Sales and Marketing Competitive Practices
While information about our competitors is a valuable asset, federal law and our Code require that we obtain this information legally.
Main Obligations
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• Do not solicit or accept trade secrets or other competitive information about a competitor that you know to be confidential
or proprietary or know to have been obtained through unlawful means
• Do not make misrepresentations in connection with collecting competitive intelligence
• Do not solicit a competitor’s or supplier’s past or present employees to induce disclosures of proprietary information from
them