Governance: US court orders SEC to issue Dodd-Frank rule

A US Federal District Court on 2 September ordered the Securities and Exchange Commission (SEC) to issue rules on implementation of legislation requiring US-listed extractives companies to disclose payments by companies to host governments. Under the ruling in the case brought by Oxfam America a year ago, the SEC must submit an expedited schedule to issue a final rule for Section 1504 of the Dodd-Frank Wall Street Reform and Consumer Protection Act within 30 days.