MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
|
|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Wednesday, August 1, 2007 Congress Approves Protections for Companies that Divest From Iran and Sudan New bills approved by Congress, now on their way to the Senate, will protect companies who choose to divest from Iran and companies that support Sudan's policy in Darfur. The WSJ reports that managers of mutual funds and pension funds that divest funds from companies that invest over $20 million in Iran's energy sector or in businesses that support Sudan's policies in Darfur, will be protected from litigation. The bills also require the government to periodically update the list of companies that do business with Sudan or Iran's energy sector. Printed from: MFWire.com/story.asp?s=15253 Copyright 2007, InvestmentWires, Inc. All Rights Reserved |