Trump Repeal of Obama SEC Regulation Signals More to Come

Feb. 14, 2017, 11:29 PM UTC

Trump is the first president in 16 years to sign rule repeal SEC rule forced companies to disclose payments to governments

President Donald Trump has overturned an Obama-era anti-corruption rule that would have forced oil, gas and mining companies to disclose payments to foreign governments, becoming the first president in 16 years to take advantage of a law that allows him to rescind a predecessor’s regulations.

Trump signed a congressional resolution Feb. 14 to repeal a Securities and Exchange Commission disclosure rule that was called for in the 2010 Dodd-Frank Act. It’s likely just the start: Congress is considering a ...

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