Dodd-Frank Law 2010 - Section 1504 on disclosure of payments by resource extraction issuers

With final approval of Dodd-Frank Wall Street Reform and Consumer Protection Act in July of 2010, the United States Congress took historic steps to ensure energy industry transparency and give investors and citizens new tools to hold companies and governments accountable for their actions.

Section 1504 of the new law requires all U.S. and foreign companies registered with the United States Securities and Exchange Commission (SEC) to publicly report how much they pay governments for access to their oil, gas and minerals.

Access the law here