SEC Issues Guidance on Iran-Related Disclosures Required Under Section 13(r) of the Exchange Act

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On December 4th, the Securities and Exchange Commission (SEC) updated its Compliance and Disclosure Interpretations (C&DI) to provide additional guidance on issuers’ disclosure and other obligations under Section 13(r) of the Securities Exchange Act of 1934, as amended (Exchange Act), concerning certain Iran-related activities. The additional disclosures required by Section 13(r) must be included in periodic reports required to be filed on or after February 6, 2013.

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Topics:  Iran Threat Reduction and Syria Human Rights Act, SEC

Published In: International Trade Updates, Securities Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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