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United States SEC extends comment period for proposed resources entity disclosure rules

02 Feb 2011

The United States Securities and Exchange Commission (SEC) has extended the comment period for three Dodd-Frank Act proposed rules, Disclosure of Payments by Resource Extraction Issuers, Mine Safety Disclosure, and Conflict Minerals.

The comment period has been extended from 31 January 2011, to 2 March 2011 to allow interested parties additional time to analyse the issues and prepare comments.

As noted in our earlier story, the disclosures proposed are broadly consistent with the 'Publish What You Pay' coalition (PWYP) proposals included in IASB Discussion Paper DP/2010/1 Extractive Activities.

The proposals are available on the SEC website.