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API Comments to SEC regarding payment disclosure rulemaking (November 7, 2013)

The American Petroleum Institute (API) is pleased to provide comments on the rulemaking the Securities and Exchange Commission will resume to implement section 13(q) of the Securities Exchange Act of 1934 (“the Exchange Act”), relating to disclosure of payments by resource extraction issuers.

We appreciate the recent opportunity to meet with the staff to discuss this important rulemaking. As we discussed, API strongly believes an effective and workable result can be achieved that accomplishes the transparency objectives of the statute while also protecting investors from significant harm.

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API Comments to SEC regarding payment disclosure rulemaking

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