Feb 01, 2016
From the Financial Reporting Network
As reported in Defining Issues 16-2, the SEC proposed rules that would require resource extraction issuers to disclose certain payments made to the U.S. federal government or foreign governments for the commercial development of oil, natural gas, or minerals. The SEC recently extended the initial comment deadline to February 16 and the deadline for reply comments to March 8. The original deadlines were January 25 and February 16, respectively.