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SEC Tool Helps Track Companies Active in Countries Designated as Terrorism Sponsors

The U.S. Securities and Exchange Commission introduced a web tool that allows users to obtain information about companies' business interests in countries designated by the U.S. State Department as sponsors of terrorism. No one should have to wonder whether their investments help subsidize a "terrorist haven," Securities and Exchange Commission Chairman Christopher Cox said in a statement announcing the tool Monday. "The law already requires companies to report on any material activities in a country the Secretary of State has formally designated a State Sponsor of Terrorism. Our role is to make that information readily accessible to the investing public,"...

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