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Four business groups on Wednesday filed a lawsuit against the U.S. Securities and Exchange Commission’s new rule requiring oil, mining and gas companies to disclose payments they make to foreign governments.
The lawsuit marks the latest in a string of legal challenges against regulators still struggling to finalize dozens of rules included in the 2010 Dodd-Frank Wall Street reform law.
http://www.huffingtonpost.com/2012/10/10/sec-sued_n_1956483.html?utm_hp_ref=business
