Thursday, July 5, 2007

U.S. SEC's country watch list draws fire

(Reuters) - Both business and humanitarian groups say the list,
available on the U.S. Securities and Exchange Commission's Web
site, is ill-conceived. The tool provides links to companies
whose annual reports contain "some reference" to business
related to Sudan, Syria, North Korea, Iran and Cuba.




"Not only has the SEC named and shamed the wrong companies,
it's missed many with significant operations in countries like
Sudan," Adam Sterling, director of the Sudan Divestment Task
Force, and Todd Malan, president and CEO of the Organization
for International Investment, wrote in an opinion piece in
Thursday's Wall Street Journal.


Read more at Reuters.com Government Filings News

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