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December 07, 2010 

CNBC Running Series Called "Forbidden Zone: Investing in Iran"

CNBC is running a series entitled "Forbidden Zone: Investing in Iran" that discusses business in Iran.

Yesterday's first report discussed the wide availability of American products available in Iran's Kish Island, despite U.S. sanctions.

Today's report discusses some U.S. companies that are still operating legally in Iran via non-U.S. subsidiaries or through specific licenses issued by OFAC. The report includes an interview with Stuart Levey, Undersecretary of Treasury for Terrorism and Financial Intelligence, who oversees the Treasury Department's sanctions efforts.

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