Securities and Exchange Commission: Disclosure of Payments by Resource Extraction Issuers
GAO-12-1042R: Sep 27, 2012
- Full Report:
GAO reviewed the Securities and Exchange Commission's (Commission), new rule on the disclosure of payments by resource extraction issuers. GAO found that (1) the final rule and amendment to a new form is adopted pursuant to section 1504 of the Dodd-Frank Wall Street Reform and Consumer Protection Act relating to disclosure of payments by resource extraction issuers; and (2) the Commission complied with the applicable requirements in promulgating the rule.