Jenner & Block

Client Advisory: The SEC Proposes New Disclosure Obligations for any "Resource Extraction Issuers" Making Payments to Governments

In this advisory, William L. Tolbert, Jr., Elaine Wolff and Alexander J. May summarize the SEC’s proposed rules regarding disclosure by resource extraction issuers for any payments that the issuer makes to the U.S. or any foreign government.  The authors discuss, among other issues, the companies subject to the disclosure requirements, the payments which must be disclosed and the form of disclosure which companies must make.