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SEC Adopts Final Rules to Implement the Mine Safety Disclosure Requirements of the Dodd-Frank Act: Rules Implement Already Effective Disclosure Requirements Regarding Safety and Health Violations at Certain U.S. Mines by Sullivan Cromwell LLP - New York Office
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January 3, 2012
Previously published on December 29, 2011
The United States Securities and Exchange Commission (the “SEC”) has approved rules under the Securities Exchange Act (the “Exchange Act”) implementing the already-effective disclosure requirements relating to mine safety and health set forth in Section 1503 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (the “Dodd-Frank Act”). The final rules adhere more closely to Section 1503 than the original proposals. Largely in response to comments, the SEC decided not to expand the disclosures required by the final rules beyond those required by Section 1503.
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