We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

SEC Approves 'Modernized' Oil, Gas Reporting Rules

Law360 (December 30, 2008, 12:00 AM EST) -- The U.S. Securities and Exchange Commission on Monday unanimously approved revisions to its oil and gas company reporting requirements that the commission says will allow investors to make more informed decisions when they invest in oil companies.

The SEC is calling the new rules a “modernization” of existing statutes that will allow investors to better take into account the significant technological changes in the oil and gas industry over the last quarter-century.

Under the new rules, companies would be required to report oil and gas reserves...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.