Formal Entity Investigation means an investigation of an Entity by an Enforcement Entity into whether such Entity has violated any securities laws, rules or regulations, in which such Entity is identified by name in writing as a target of such Enforcement Entity in a formal order of investigation, a Xxxxx Notice from the SEC indicating that it may commence an enforcement action against such Entity, a target letter or similar document. Formal Entity Investigation will not include any investigation into whether an Insured has violated any provision of the FCPA.