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Energy firms face revised reporting requirements

Oil and gas companies would face revised reporting requirements under an SEC proposal unveiled last month.

Oil and gas companies would face revised reporting requirements under an SEC proposal unveiled last month. According to the regulatory agency, the amended rule essentially would require such companies to provide more data about their reserves and other pertinent information to allow investors to rely on more than information gleaned only from speculators. For details and information on submitting comment, visit sec.gov/rules/proposed/2008/33-8935.pdf.

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