U.S.-listed firms told to reveal Syria, Iran links: FT

NEW YORK Sun Dec 11, 2011 11:02pm EST

The Caterpillar logo is seen on a tractor in Gilbert, Arizona October 20, 2009.  REUTERS/Joshua Lott

The Caterpillar logo is seen on a tractor in Gilbert, Arizona October 20, 2009.

Credit: Reuters/Joshua Lott

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NEW YORK (Reuters) - At least a dozen U.S.-listed companies have been told by the U.S. Securities and Exchange Commission to disclose business activity in and with Syria, Iran and others deemed "state sponsors" of terror by the state department, the Financial Times said on Sunday.

The inquiries are part of SEC reviews of companies' investment risks to security holders.

Sony Corp, Caterpillar Inc, American Express, Aecom Technology, Iridex and Veolia Environnement are among the companies that received letters from the SEC's corporate finance division, the report said.

Their responses show how sales have shrivelled with tighter international sanctions, the FT said.

(Reporting by Soyoung Kim; Editing by Muralikumar Anantharaman)

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Comments (8)
W-DS wrote:
Now heres a bet; Coca Cola is never even considered as a potential trade partner with Iran.

Just like it wasnt mentioned/punished for trading with Nazi Germany.

Dec 11, 2011 11:16pm EST  --  Report as abuse
Butch_from_PA wrote:
This is hilarious. Just give more business to Dubai which brokers anything in and out of Iran.

I guess it’s good political lip service to prevent having to make a firm statement and go to a stupid war. Smart move current USA politics.

Hurry up Iran – build that bomb so we know it’s there and everyone can go back home and pick on someone else who is working on the bomb.

Dec 12, 2011 1:45am EST  --  Report as abuse
Intriped wrote:
Funny how democratic societies and can gang up on businesses to 1 nation who choose to wage conflict with in it’s society. Yet those same nations ignore trade between regional partners of that nation in question. Are they untouchable or do these democratic sanction seeking nations invest through the back door of the region? I have to ask myself often enough as to whether or not we as a democratic society in the USA are doing the right thing or are we in fact being lied to.

Dec 12, 2011 3:32am EST  --  Report as abuse
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