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The law expresses America’s commitment to preventing Iran from acquiring nuclear weapons, codifying sanctions under the Iran Libya Sanctions Act (ILSA), closing the loophole whereby foreign subsidiaries of American companies can invest in Iran’s oil and gas sector, and urging pension and mutual funds to divest holdings in Iran’s energy sector. The law also mandates the public listing of companies that invest upwards of $20 million in Iran and requires portfolio managers to alert their shareholders to which companies are liable to sanctions.