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:
I am very concerned about reports that there will be exemptions made in Section 1504 that could seriously limit transparency by oil companies. This would be awful morally, undermine the intent of the law, and allow back room deals to remain the rule. Please stand up to the oil industry. Individual citizens have to follow the laws that pertain to us, whether we like them or not. Corporations must be held to the same standard.
Keith Gordon