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SEC Will Revise Invalidated Oil Payment Disclosure Rule

By Keith Goldberg (September 3, 2013, 4:55 PM EDT) -- The U.S. Securities and Exchange Commission confirmed Tuesday that it won't appeal a Washington federal judge's dismissal of its rule requiring oil, gas and mining companies to disclose payments to foreign governments, saying it will instead revise the rule, which is mandated by the Dodd-Frank Act....

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