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SEC Schedules Vote on Controversial Extractive Industry Rule

SEC Schedules Vote on Controversial Extractive Industry Rule The latest version of the rule seeks to reduce the compliance burden on oil, gas and mining companies, but has drawn opposition from anticorruption advocates The SEC is scheduled to vote Wednesday on a rule requiring the disclosure of payments made by oil, gas and mining companies to foreign governments. Photo: delil souleiman/Agence France-Presse/Getty Images By Dec. 14, 2020 5:30 am ET The U.S. Securities and Commission is scheduled to vote this week on a rule mandating the disclosure of payments made by oil, gas and mining companies to foreign governments. A vote on the rule, scheduled for Wednesday, could bring to close another chapter in a decadelong attempt to enact a controversial provision of the Dodd-Frank Wall Street Reform and Consumer Protection Act that was designed to help stave off corruption by companies in resource extraction industries.

8 of the biggest stock market crashes in history - and how they changed our financial lives

8 of the biggest stock market crashes in history - and how they changed our financial lives 8 of the biggest stock market crashes in history - and how they changed our financial lives Rebecca ReisnerDec 12, 2020, 06:25 IST Stock market crashes, like the one in October 1929, don t single-handedly cause depressions, but they often expose weaknesses in the economy.ullstein bild Dtl. / Contributor/Getty Images Stock market crashes can leave positive legacies in their wake even though they cause plenty of immediate pain. In the US, stock market crashes led to the creation of the Federal Reserve System, the SEC, and the FDIC. While the triggers for stock market crashes vary, the ultimate outcome is always the same: the market recovers.

8 of the biggest stock market crashes in history — and how they changed our financial lives

8 of the biggest stock market crashes in history and how they changed our financial lives Rebecca Reisner Stock market crashes, like the one in October 1929, don t single-handedly cause depressions, but they often expose weaknesses in the economy. Stock market crashes can leave positive legacies in their wake - even though they cause plenty of immediate pain. In the US, stock market crashes led to the creation of the Federal Reserve System, the SEC, and the FDIC. While the triggers for stock market crashes vary, the ultimate outcome is always the same: the market recovers. Three little words strike more fear into investors hearts than anything else: stock market crash.

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