SEC Foreign Disclosure Regs May Create Problems for US E&P Firms

摘要

The US Securities and Exchange Commission is coming under pressure from the energy industry and some law-makers who warn that one element of the recently enacted financial reform law could place US oil and gas companies at a disadvantage to their foreign competitors.At issue is a requirement in the Wall Street Reform and Consumer Protection Act that requires producers of natural gas or other minerals to disclose the payments they make to foreign governments.