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Article

27 Jun 2016

Author:
U.S. Securities and Exchange Commission

SEC Adopts Rules for Resource Extraction Issuers Under Dodd-Frank Act

The Securities and Exchange Commission…announced it adopted rules to require resource extraction issuers to disclose payments made to governments for the commercial development of oil, natural gas or minerals.  The rules, mandated by the Dodd-Frank Wall Street Reform and Consumer Protection Act, are intended to further the statutory objective to advance U.S. foreign policy interests by promoting greater transparency about payments related to resource extraction...

 

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