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The Securities and Exchange Commission (SEC) is unlikely to float revised oil and mining industry disclosure mandates within the next year, the latest federal regulatory agenda shows.
The SEC is rewriting the controversial mandate that forces companies to disclose payments to foreign governments. The planned revision follows a July court ruling that tossed out an earlier version of the rule.
The SEC’s latest agenda, released Wednesday, does not list the revised rule, signaling that it’s far from completion. “The list represents our best estimate as to what would be ready for Commission consideration by fall of 2014,” SEC spokesman John Nester said.