New SEC Transparency Rule Puts America At Competitive Disadvantage

API: New SEC Transparency Rule Puts America At Competitive Disadvantage

Washington, June 27, 2016 – API Director of Tax and Accounting Policy Stephen Comstock said the U.S. Securities and Exchange Commission’s new rule to implement Section 1504 of the Dodd-Frank Act fails to strike the right balance between informing foreign citizens of government revenues and protecting the competitiveness of American companies.

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