Press release: “USA*Engage and the National Foreign Trade Council (NFTC) today sent formal comments to the U.S. Securities and Exchange Commission (SEC), recommending that the Commission reconsider its proposal to further develop mechanisms to facilitate greater access to companies’ disclosures concerning their business activities in or with certain countries designated as “state sponsors of terrorism.” In comments sent to the SEC, the associations noted that U.S. companies operating in such countries are conducting legal, legitimate business, and that the proposed mechanism actually punishes those companies who are most transparent.”