• SEC Proposes Rules to Implement the Mine Safety Disclosure Requirements of the Dodd-Frank Act: Proposed Rules Would Implement and Enhance Already Effective Disclosure Requirements Regarding Safety and Health Violations at Mines
  • January 25, 2011
  • Law Firm: Sullivan Cromwell LLP - New York Office
  • The SEC has proposed rules under the Securities Exchange Act that would implement and enhance the already effective disclosure requirements relating to mine safety set forth in Section 1503 of the Dodd- Frank Wall Street Reform and Consumer Protection Act. Many aspects of the SEC’s proposed rules restate the terms of the statute. Reporting issuers may wish to consider the proposed rules and the discussion in the proposing release in making any disclosures pursuant to the already effective statutory disclosure requirements that are required prior to the SEC’s adoption of any final rules.