API Proposes Guidelines for Dodd-Frank Disclosure Rule
API’s guidelines for SEC’s Dodd-Frank disclosure rule intend to protect energy companies’ competitiveness without undermining the rule’s objectives. In its letter, API pointed out SEC’s flexibility in complying with the disclosure mandate, as outlined in the Court ruling, without undermining the statute’s objectives. Specifically, API suggested a compilation model of disclosure, whereby the Dodd-Frank requirements…...