February 11, 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:
To the SEC: Please release the rules for Section 1504 with NO EXEMPTION and NO LOOPHOLES!!! 70% of the people of these African nations live in ABJECT POVERTY. PLEASE do NOT allow oil companies to continue making secret deals that put MILLIONS in the pockets of corrupt government leaders, while the people of these oil-rich nations suffer! Thank you for DOING what you know if RIGHT!!! Sincerely, Nancy M. Blackmon