May 31, 2007

Chairman Dodd Sends Letter to SEC:
Calls for Greater Disclosure on Investments in Iran, Sudan

Washington, D.C. - In keeping with his commitment to national security and economic opportunity, Senator Chris Dodd, Chairman of the Senate Committee on Banking, Housing, and Urban Affairs, today sent a letter to Christopher Cox, Chairman of the U.S. Securities and Exchange Commission (SEC), urging the SEC to fully develop its Office of Global Security Risk to protect American investors from unknowingly becoming involved with sponsors of terrorism and human rights abuses, as mandated by law three years ago. Among Chairman Dodd’s chief concerns is that the Office of Global Security Risk have the capacity to provide the American public with reliable and readily accessible information on companies’ transactions with Iran and Sudan.
Click here for the full text of the letter.