Companies Angered By SEC's Iran List
by Jonathan Schanzer • Jul 7, 2007 at 10:32 am • updated Jul 7, 2007 at 10:41 am
According to this article on the BBC website yesterday, the Securities and Exchange Commission (SEC) angered several corporations by highlighting their links to terrorist states, including Iran (see the list here).
"No investor should ever have to wonder whether his or her investments or retirement savings are indirectly subsidising a terrorist haven or genocide state," said SEC chairman Christopher Cox.
Critics wonder whether the list could needlessly discourage international firms from listing their securities in the US.
View the extended text for the full SEC list of countries working with Iran.
Related Topics: Iran | Jonathan Schanzer
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