Subject: File No. S7-25-15
From: Robert J Weiner
Affiliation: Professor of International Business, George Washington University

March 22, 2018

The attached study examines the effects on investors of Disclosure of Payments by Resource Extraction Issuers, in keeping with the SEC's mission "to protect investors, maintain fair, orderly, and efficient markets, and facilitate capital formation."

(Attached File #1: cll6-3321785-162087.pdf)