Foreign Agents Compulsory Ethics in Trade Act of 1987 - Amends the Federal criminal code to prohibit the President, the Vice President, certain high-level Federal officials and employees, certain high-ranking active-duty members of the uniformed services, and Members of Congress from representing or advising foreign principals on matters of direct and substantial U.S. interest during the four-year period after cessation of Federal employment.
Authorizes the Attorney General to grant a waiver to such prohibition unless the proposed conduct could harm the national interests or create an undue appearance of conflict of interest.
Authorizes the Attorney General, upon reason to believe that a person is engaging or about to engage in conduct in violation of this Act, to petition the appropriate U.S. district court for an order prohibiting such conduct.
Establishes civil and criminal penalties for violations of this Act.
Introduced in House
Introduced in House
Referred to House Committee on The Judiciary.
Referred to Subcommittee on Administrative Law and Governmental Relations.
Subcommittee Hearings Held.
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