SEC Nixes Proposed Deadline for Extractive Payments Rule
The deadline demanded by Oxfam America for a final rule requiring oil, gas, and mining companies to disclose payments made to foreign governments is “unachievable,” the SEC said in a recent legal brief. The brief is the Commission’s final word in a lawsuit Oxfam America filed in 2014 over delays ...
THIS IS MEMBERS-ONLY CONTENT
You are not logged in and do not have access to members-only content.
If you are already a registered user or a member, SIGN IN now.
Related articles
-
PremiumRTX and Raytheon: A case study in juggling four compliance monitors
In October 2024, aerospace and defense company Raytheon and parent company RTX reached a $950 million settlement with U.S. government agencies to resolve multiple federal law violations. More significant than the criminal penalties were the four compliance monitorships that came with the agreements.
-
News BriefCCO who was ‘sole person controlling’ investment firm charged with recidivist concentration violations
An investment company and its founder, president, and chief compliance officer flagrantly kept violating mutual fund rules for multiple years after settling with the Securities and Exchange Commission, the SEC said in a complaint against the company.
-
Basic PageSEC postpones compliance date for amendments to investment company names rule
Investment companies will have six additional months to comply with an update to the Securities and Exchange Commission rule aimed at making investment fund names more accurate.