1. Why Did the DC Court Vacate the SEC’s Resource Extraction Rule? Here’s One Reason

    “Four countries, Angola, Cameroon, China and Qatar, prohibit public disclosure of payment information.  The impact of these host country laws could add billions of dollars to affected issuers costs and have a significant impact on the issuers’ profitability and competitive position.  The SEC could have used exemptive authority to avoid these problems but did not.”

    Court Vacates SEC Resource Extraction Rules - attorney Stephen Quinlivan at Leonard, Street and Deinard