On June 27, 2016, the Securities and Exchange Commission (SEC) adopted final resource extraction issuer payment disclosure rules. In response to a mandate of the Dodd-Frank Wall Street Reform and Consumer Protection Act, the final rules require resource extraction issuers to disclose payments made to foreign governments or the US federal government for the commercial development of oil, natural gas or minerals. This Legal Update discusses the final rules and practical considerations for SEC reporting companies affected by the new rules.

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