President Trump signs resolution eliminating SEC disclosure rule
Feb 15, 2017
President Trump has signed H.J. Resolution 41, which eliminates the requirement under which issuers engaged in the commercial development of oil, natural gas, or minerals must disclose certain payments made to U.S. federal and foreign governments.
H.J. Resolution 41 repeals SEC Rule No. 34-78167, Disclosure of Payments by Resource Extraction Issuers, which was implemented as part of the Dodd-Frank Wall Street Reform and Consumer Protection Act.