SEC Looks to Adopt Oil, Gas Disclosures After Decade of Setbacks

December 10, 2020, 8:13 PM UTC

The SEC will vote on whether to adopt a Dodd-Frank Act anti-corruption disclosure rule for oil, gas, and mining companies after a federal court and Congress scuttled previous versions of the regulation.

Jay Clayton, chairman of the Securities and Exchange Commission, set the vote on the resource extraction rule for a Dec. 16 public meeting, the agency said in a notice Wednesday. The meeting also will include votes on whether to approve new rules for investment adviser marketing and direct listings on the New York Stock Exchange.

Dodd-Frank directed the SEC in 2010 to create a requirement for public companies ...

Learn more about Bloomberg Law or Log In to keep reading:

See Breaking News in Context

Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.

Already a subscriber?

Log in to keep reading or access research tools and resources.