Court Gives SEC Deadline to Act on Extractive Payments Rule
A federal district court has ordered the SEC to get moving with its long-delayed requirement to adopt a rule for oil, gas, and mining companies to disclose payments made to foreign governments. Ruling on a lawsuit brought against the SEC by Oxfam America, the judge concluded that the SEC “unlawfully ...
Related articles
-
Article
SEC’s Latest Extractive Payments Rule Still Leaves Unanswered Questions, Concerns
The Securities and Exchange Commission has once again proposed a rule requiring oil, gas, and mining companies to disclose payments made to governments for extraction rights. And, once again, legal teams are sharpening their pencils while covered companies sweat the details. An earlier try at the Dodd-Frank Act-required rulemaking lingered ...
-
News BriefSEC charges duo in $275 million water vending machine Ponzi scheme
The owner of a water machine vending company and a portfolio manager were allegedly behind a Ponzi-like scheme that raised more than $275 million, according to the U.S. Securities and Exchange Commission.
-
News BriefNine regulatory initiatives under SEC’s “Project Crypto” aim to redefine crypto market rules
Securities and Exchange Commission Chairman Paul Atkins has launched “Project Crypto,” a major regulatory overhaul aimed at shifting the agency from enforcement to innovation. Atkins’ address outlined as many as nine Commission-wide initiatives to revamp the SEC’s rulebook for the digital finance era.