CHICAGO (MarketWatch) -- The Securities and Exchange Commission on Monday charged medical device company Smith & Nephew under the Foreign Corrupt Practices Act for bribing Greek public doctors over more than a decade. Smith & Nephew will pay more than $22 million as part of a deal with the SEC and U.S. Department of Justice. The complaint alleges that Smith & Nephew subsidiaries used a distributor that created a "slush fund" to forward payments to doctors working at government hospitals in Greece in order to win business. "Smith & Nephew's subsidiaries chose a path of corruption rather than fair and honest competition," said Kara Brockmeyer, chief of the SEC enforcement division's Foreign Corrupt Practices Act unit. "The SEC will continue to hold companies liable as we investigate the medical device industry for this type of illegal behavior."

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NEW YORK (MarketWatch) -- The dollar pared its gains against the euro in late morning U.S. trading Monday. All eyes are on Greek lawmakers, under pressure to pass a package of reforms in order to secure the next tranche of their bailout, who postponed a meeting another day until Tuesday. The dollar index , which measures the greenback's performance against a basket of six currencies, traded at 79.089, off its high of 79.516 and from 78.969 in late North American trading on Friday. The euro pared losses to $1.3118, from $1.3147 Friday.

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WASHINGTON (MarketWatch) - President Barack Obama has placed new sanctions on the government of Iran, including its central bank, the White House announced Monday. In an order signed Sunday, Obama said that the sanctions are warranted because of "deceptive practices" by the Iranian central bank to conceal transactions designed to go around sanctions already in place. There has been mounting tension over Iran's nuclear program in the U.S. and in Israel. Discussions of a potential Israeli attack on Iran are widespread. In an interview on the NBC News 'Today' program Monday, Obama said the U.S. has a "very good estimate" of when Iran could complete work on a nuclear weapon. He said that he believes the standoff can be resolved peacefully but the U.S. will keep all options on the table.

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CHICAGO (MarketWatch) -- Sunday night's NBC telecast of Super Bowl XLVI earned a 47.8 rating and 71 share, according to preliminary Nielsen ratings, the third-highest overnight rating of any Super Bowl, NBC said Monday. Super Bowls XXI in 1987 and XLV in 2011 tied for the highest overnight rating, at 47.9. The latest NFL title game, a 21-17 victory for the New York Giants over the New England Patriots, was still in doubt in the final seconds, as New England quarterback Tom Brady lofted a "hail Mary" pass into the endzone that fell incomplete.

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SAN FRANCISCO (MarketWatch) -- Canadian stocks fell moderately on Monday following reports that the Greek government's austerity talks with coalition leaders have been delayed until Tuesday so Prime Minister Lucas Papademos could meet with international creditors. The S&P/TSX Composite Index fell 20.04 points, or 0.2%, to 12,557.24. The S&P/TSX Capped Diversified Metals and Mining Index led the losses, dropping 1.1%. Research In Motion was a notable decliner, shedding 2.3%, and Rogers Communications also fell 1.8%.

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