Research suggests SEC's increasing focus on terrorism may limit financial oversight
When Iranian authorities started seizing Barbie dolls from Tehran toy shops in 2012, Mattel Inc. execs faced concerns not only about the dolls' attire -- miniskirts and swimsuits considered immodest in an Islamic country -- but also questions from the U.S. Securities and Exchange Commission (SEC) about Mattel's ties to Iran.
U.S. businesses are restricted from business in Iran, which U.S. authorities have designated a state sponsor of terrorism (SST). The number of SEC inquiries about potential terrorist ties has grown substantially in recent years, and according to new research from Duke University's Fuqua School of Business, the increase could reduce the quality of the agency's financial reporting oversight.
"Comments on terrorism are getting to a critical level of importance ...









