The SEC proposed rules that would require resource extraction
issuers to disclose payments made to the federal government or
foreign governments for the commercial development of oil, natural
gas or minerals - which have been common targets for investment
funds in recent years. The proposed rules are mandated by the
Dodd-Frank Wall Street Reform and Consumer Protection Act with the
intention of advancing U.S. policy interests by promoting greater
transparency about payments related to resource extraction.
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