“The SEC will vote on whether to adopt a Dodd-Frank Act anti-corruption disclosure rule for oil, gas, and mining companies after a federal court and Congress scuttled previous versions of the regulation.
Jay Clayton, chairman of the Securities and Exchange Commission, set the vote on the resource extraction rule for a Dec. 16 public meeting, the agency said in a notice Wednesday. The meeting also will include votes on whether to approve new rules for investment adviser marketing and direct listings on the New York Stock Exchange.
Dodd-Frank directed the SEC in 2010 to create a requirement for public companies to report payments made to governments for extracting oil, gas, and minerals. The third iteration of the resource extraction regulation is before the agency now.”