Investors & Congress call on the SEC to swiftly deliver strong rules – September 13, 2013
Senators and investor groups are urging the Securities and Exchange Commission (SEC) to act quickly in releasing a new rule for Section 1504 of the Dodd-Frank Wall Street Reform and Consumer Protection Act. Also known as the “Cardin-Lugar” provision, this law requires US-listed oil, gas and mining companies to publicly disclose payments to US and foreign governments on a country-by-country and project level basis.