Financial Times FT.com

SEC revives controversial plan

By Jeremy Grant in Washington

Published: November 17 2007 01:18 | Last updated: November 17 2007 01:18

Companies doing business in “terrorist-sponsoring states” could once again have their names under scrutiny under a controversial plan being revived by the Securities and Exchange Commission.

In June, the SEC sparked outrage by placing a link on its website showing companies whose annual reports disclosed business activities in five states deemed by the US state department to be sponsors of terrorism: Iran, Sudan, Syria, North Korea and Cuba.

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