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Energy Tomorrow Blog

ETR 129 The Impacts of Section 1504 of the Dodd-Frank Act

congress  energy policy  extractive industries transparency initiative  government payments  section 1504  securities and exchange commission  dodd-frank act 

Jane Van Ryan

Jane Van Ryan
Posted March 22, 2011

In mid-April, the Securities and Exchange Commission (SEC) is expected to decide how to interpret a new law that is aimed at encouraging more transparency. The SEC's decision-making is critically important to publicly-traded oil companies. The ruling either could allow U.S.-listed oil companies to compete effectively against larger, nation-controlled oil companies for energy resources around the globe, or it could force U.S. companies to divulge information that could give a competitive advantage to companies such as the Chinese-controlled CNOOC. 

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