In a January 21, 2016 release titled Extension of Comment Period for Disclosure of Payments by Resource Extraction Issuers, the Securities and Exchange Commission extended the comment periods for the revised proposed Rule 13q-1 (and the related amendment to Form SD). That proposed rule relates to the disclosure of payments by resource extraction issuers in connection with the commercial development of oil, natural gas, or minerals around the globe. As we discussed in our post of December 11, 2015, the SEC originally provided an initial comment period ending on January 25, 2016 and a reply comment period ending on February 16, 2016. The Commission has now extended the initial comment period to February 16, 2016 and the reply comment period to March 8, 2016.
Remember, all comments will be posted on the SEC’s web site. And, the SEC may add its own additional materials as well.