Coalition Urges Securities and Exchange Commission to Match Global Transparency Standard – March 19, 2014
Publish What You Pay (PWYP), the global network campaigning for greater openness in the extractive sector, urges the Securities and Exchange Commission (SEC) to issue a strong rule on payment disclosures for oil, gas and mining companies. In a statement submitted to the SEC and a meeting with SEC Chairwoman Mary Jo White yesterday, members of the PWYP coalition presented their case for a strong rule for Section 1504 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Section 1504) that aligns with the emerging global transparency standard.