Recently, I wrote of the shamelessness of the Securities and Exchange Commission targeting late filers even while it continues to miss many legal deadlines itself. In that post, I mentioned that the SEC adopted resource extraction rules only after being sued by Oxfam America. Thereafter, U.S. District Court Judge in American Petroleum Institute v. SEC, 953 F. Supp. 2d 5 (D. D.C. 2013). Although more than a year has passed, the SEC has yet to propose a rule. This morning, Oxfam America announced that it has sued the SEC again for failing to comply with Congress’ mandate.
Oxfam America Sues The SEC (Again) For Dilatory Rule Making
Thursday, September 18, 2014
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