February 10, 2012
Dear SEC Commissioners,
Please do not give in to industry pressures on Section 1504 of the Dodd-Frank Act (the Cardin-Lugar Amendment) - and make sure that ALL companies are covered, every country and every project gets reported, and loopholes that would allow large sums of money to go unreported are closed.
My Comment:
We the people are sick and tired of corporations pillaging natural resources in third world countries by supporting corrupt regimes and signing 'secret agreements' to extract resources and keep the entire modern 'matrix' going. Change is necessary, and more of us are uniting to demand it. Don''t allow exemptions in Section 1504 that would make the law and ruling ineffective and meaningless. Follow the language of the law, not the demands of the oil industry. The time for change is now.
Sam Swaim