Section 1504 of the us dodd-frank act pdf

Fact sheet sec final rule for section 1504 on june 27, 2016, the us securities and exchange commission sec voted to approve regulations to implement section 1504, or the cardinlugar amendment, of the 2010 doddfrank financial reform and consumer protection act. Companies that are required to file an annual report with sec, and that engage in commercial development of oil. Doddfrank wall street reform and consumer protection act cftc. Be it enacted by the senate and house of representatives. An act to promote the financial stability of the united states by. Proposed repeal of section 1504 of the doddfrank act. Doddfrank act section 1504 should maintain liability to shareholders for. This letter follows up on a prior submission made to the sec on august 14th 20 on this subject and signed by many of the institutions below. Doddfrank wall street reform and consumer protection act. Members of the rrtwg went on to promote the implementation of formal recommendations at both the federal and provincial levels, which eventually culminated in support from the government of canada and provincial governments. Reporting requirements regarding coal or other mine safety.

To promote the financial stability of the united states by improving accountability. The us house financial services committee yesterday voted to proceed with a bill h. Disclosure of payments by resource extraction issuers. Doddfrank wall street reform and consumer protection act doddfrank act, 2010. This act may be cited as the doddfrank wall street reform and consumer protection act. Section 1502 of the us dodd frank act global witness. Section 1502 of the dodd frank act, known as the conflict minerals rule, has been under unprecedented scrutiny. The us department of the treasury called for the repeal of the provision in the 2010 doddfrank wall. Section 1502 of the doddfrank act is part of a wider trend towards the disclosure of nonfinancial information to stakeholders.

The effects of section 1504 of the doodfrank act smu scholar. Street reform and consumer protection act, which proposed requiring uslisted companies to. Section 1504 of the doddfrank wall street reform and. Disclosure of these 2012 would really help us to understand the burmese governments.

We believe that our approach to transparency helps us. Frank act 2010 is an ambitious legislative reform to enhance transparency and accountability in the. Investors, regulators, employees, customers, and the community are increasingly demanding more transparent communication on nonfinancial performance. Section 1504 dodd frank wall street reform act sec. Resource extraction issuer must disclose payments paid to government. Federal government for the purpose of the commercial develop ment of oil, natural gas.

Us treasury calls for repeal of doddfrank section 1504. United states of america in congress assembled, section 1. Companies that are required to file an annual report with sec, and that engage in commercial development of oil, natural gas, or minerals, sec terminology. Doddfrank 1504 and extractive sector governance in africa. But the views and opinions of local eyewitnesses who live in the countries covered by the law are often overlooked or missing from the discussions.