Oil Payment Disclosures Coming, Despite Court's SEC Rebuke

Law360, New York (July 3, 2013, 7:17 PM EDT) -- While a Washington federal judge's Tuesday invalidation of a U.S. Securities and Exchange Commission rule requiring oil, gas and mining companies to disclose payments to foreign governments gives the industry a temporary reprieve, attorneys warn that regulatory mandates in both the U.S. and Europe mean energy companies will eventually have to turn over those details in some form.

U.S. District Judge John D. Bates may have determined that the SEC misinterpreted a Dodd-Frank Act provision mandating a disclosure rule when crafting the regulations, but he didn't...
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