Support the Congressional Review Act Disappoval Resolution for the Dodd-Frank Section 1504 Rule
Section 1504 is regulatory overreach by the previous Administration using U.S. securities laws to address an issue, revenue transparency, which undermines the SEC mission to protect investors, maintain fair, orderly, and efficient markets, and facilitate capital formation.
Moreover, the Section 1504 rule is inconsistent with how payments are actually made by businesses. This approach creates burdensome system adjustments and over- or under-calculations of total payments paid to various countries and undermines the purpose of the statute.
See complete FAQ document below:
Downloads
Support the Congressional Review Act Disapproval Resolution for the Dodd-Frank Section 1504 Rule
File Size: .3 MB
FAQs about the Dodd-Frank Section 1504 Rule
File Size: .3 MB