Oil industry battles SEC rules on disclosure

"WASHINGTON – Lobbying is ramping up over proposed rules that would require oil, gas and mining companies listed with the Securities and Exchange Commission to disclose what they pay to nations where they extract resources for commercial purposes.

Critics in the oil and gas industry and human rights activists have flooded the SEC with comments on the rules, which the agency must issue under the Dodd-Frank financial reform law."

rest at http://fuelfix.com/blog/2012/02/16/oil-industry-battles-sec-rules-on-disclosure/