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MAKING SENSE OF DODD-FRANK

The Dodd-Frank Act has broad and deep implications that will touch every corner of financial services and multiple other industries. This site, developed and maintained by attorneys at Stinson Leonard Street, is dedicated to making sense of this complex legislation and helping businesses understand how it will affect them specifically. Our Bloggers »

Dodd-Frank

SEC Will Not Appeal Resource Extraction Decision

by   |   September 3, 2013

The United States District Court for the District of Columbia previously vacated the SEC resource extraction disclosure rules.  According to various published press reports, the SEC will not appeal the decision.  “The court remanded the matter for further SEC proceedings, which the commission will undertake informed by the court’s decision” according to remarks attributed to an SEC official.  We surmise that means the SEC will propose a new rule consistent with the court decision.

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