Senate Banking Committee Chairman Tim Johnson, D-S.D., and Alabama Sen. Richard Shelby, the panel’s top Republican, said they had agreed on the measure that would target Iran’s Revolutionary Guard Corps, require companies that trade on the U.S. stock exchange to disclose any Iran-related business to the Securities and Exchange Commission, and expand penalties for energy and uranium mining joint ventures with Tehran. Penalties also would be mandatory for shippers or insurers who knowingly aid the shipment of materials that contribute to Iran’s weapons of mass destruction or terrorism-related activities. >>>
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