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USA: SEC adopts final rules for the disclosure of payments by extractive companies - Business & Human Rights Resource Centre


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The Securities and Exchange Commission today voted to adopt final rules that will require resource extraction issuers that are required to file reports under Section 13 or 15(d) of the Securities Exchange Act of 1934 to disclose payments made to the U.S. federal government or foreign governments for the commercial development of oil, natural gas, or minerals.  The rules implement Section 13(q) of the Exchange Act, which was added by the Dodd-Frank Wall Street Reform and Consumer Protection Act (“Dodd-Frank Act”).
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United States , Kathleen Brophy , Exchange Commission , Wwhat You Pay , Dodd Frank Section , ஒன்றுபட்டது மாநிலங்களில் , க்யாத்லீந் கோப்பை , பரிமாற்றம் தரகு , டாட் வெளிப்படையான பிரிவு ,

Blog: SEC adopts final resource extraction disclosure rules | Cooley LLP


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At an open meeting yesterday, the SEC adopted, by the usual three to two, final Rule 13q-1 and an amendment to Form SD to implement Section 1504 of Dodd-Frank, which relates to disclosure of payments by resource extraction issuers.  These rules, last proposed almost exactly a year ago (see this PubCo post), have had a long and troubled history. This effort at new resource extraction disclosure rules represents the SEC’s third attempt at these rules making their consideration a holiday tradition, according to SEC Commissioner Hester Peirce and today is almost on target as the  ....

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