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Mara Lee

Mara Lee, Senior Editor, is a reporter for International Trade Today and its sister publications Export Compliance Daily and Trade Law Daily. She joined the Warren Communications News staff in early 2018, after covering health policy, Midwestern Congressional delegations, and the Connecticut economy, insurance and manufacturing sectors for the Hartford Courant, the nation’s oldest continuously published newspaper (established 1674). Before arriving in Washington D.C. to cover Congress in 2005, she worked in Ohio, where she witnessed fervent presidential campaigning every four years.

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Obama Signs Executive Order Toughening Sanctions on Iran, Syria; OFAC Extends Aid Period
October 10, 2012 by Mike Feazel|White House

President Barack Obama signed an executive order (here) authorizing new sanctions against Iran and Syria. The new order prohibits foreign subsidiaries of U.S. entities from knowingly violating the Iranian Transactions Regulations, E.O. 13599, section 5 of E.O. 13622, or Section 12 of the new E.O., and provides for civil penalties on the U.S. parent company for such violations. The Treasury Department issued a FAQ document (here) detailing the impact of the order.