By Katanga Johnson
WASHINGTON (Reuters) – The U.S. Securities and Exchange Commission on Wednesday voted to relax disclosure requirements on payments made by oil, gas and mining companies to foreign governments.
The agency’s 3-2 vote to adopt industry-friendly changes to its so-called “resources extraction” disclosure rule addresses a decade-long, controversial Dodd-Frank mandate on how to spot potential corruption by firms.
(Reporting by Katanga Johnson; editing by Jonathan Oatis)
