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SEC Adopts Rules Under Dodd-Frank Requiring Disclosure of Payments Made to Governments by Resource Extraction Issuers

Aug 24, 2012 

On August 22, 2012, the SEC adopted rules implementing Section 1504 of the Dodd-Frank Act which require "resource extraction issuers" to disclose details of payments to non-U.S. governments or to the U.S. Federal government for the purpose of the commercial development of oil, natural gas or minerals.

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Paul, Weiss, Rifkind, Wharton & Garrison LLP