A group of US lawmakers are calling on the Securities and Exchange Commission to examine the regulatory implications of Ben & Jerry's decision to halt sales in Judea and Samaria.
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Four legislators, Representatives Andrew Garbarino (R-NY), Brian Fitzpatrick (R-PA), Josh Gottheimer (D-NJ), and Ritchie Torres (D-NY), wrote to SEC Chairman Gary Gensler about Ben & Jerry's parent company, Unilever.
The lawmakers urged the SEC instruct Unilever to alter it's regulatory filings to reflect the "material risk factors" caused by Ben & Jerry's decision to end sales of its product in the West Bank, according to the New York Post.
"Unilever is a widely held company with a current market capitalization of $135 billion, which places in jeopardy the manifold United States institutions, pension funds, and endowments which hold its shares on behalf of its beneficiaries," reads the letter sent to SEC Chairman Gary Gensler on Friday.
"In the interests of shareholders, consumers, and public policy, we believe it is appropriate for the SEC to take steps to ensure the full disclosure of all information necessary to make Unilever's filings in compliance," the letter explained, according to Jewish Insider.
"We believe that these actions require the SEC to request that the regulatory filings of Unilever be amended to disclose the material risk factors."
Laws discouraging Israel boycotts are implemented in 35 US states, and many of these, including New York, are divesting from Unilever as a result of Ben & Jerry's decision.
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