Public companies affected by new Iran sanctions legislation

On August 10, President Obama signed into law the Iran Threat Reduction and Syria Human Rights Act of 2012 (Act). The new law significantly broadens the extraterritorial scope of existing U.S. sanctions for Iran-related activities by expanding the types of activities subject to sanctions, supplementing the list of available sanctions, and prescribing numerous measures designed to isolate Iran further from the international financial community.

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