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The U.S. Court of Appeals for the Second Circuit ("Second Circuit") issued a decision that rejected a petition for the review of the SEC's denial of a claim for a whistleblower award. The petitioner, Larry Stryker, sought a whistleblower award after the period between 2004 and 2009 when he supplied the SEC with information that led to a successful enforcement action. In January 2011, Mr. Stryker submitted an application to the SEC for a whistleblower award under Dodd-Frank Section 21F. The SEC held that because the information provided by Mr. Stryker was submitted before the enactment of Dodd

Steven Lofchie Commentary by Nihal Patel and Steven Lofchie

Oxfam America Inc. ("Oxfam"), an anti-poverty group, submitted a memorandum in reply to the SEC's summary judgment opposition. In the memorandum, Oxfam asks the U.S. District Court for the District of Massachusetts to reject the SEC's contention that a Dodd-Frank rule requiring oil, gas and mineral companies to report payments to foreign governments would be too complex to finish this year. The Oxfam suit, filed in September 2014, seeks to compel the agency to implement Section 1504 of Dodd-Frank. According to the memorandum, the SEC's argument against the enforcement of the mandate takes two

Fifty-eight members of Congress ("Members") signed a letter to SEC Chair Mary Jo White urging the SEC to finalize its proposal regarding executive compensation disclosure. According to the Members, the SEC's proposal, which implements Dodd-Frank Section 953(b), "reflects the legislative intent of Dodd-Frank" and "effectively addresses any concerns regarding compliance costs." The Members argued that disclosure will provide information that can help investors to (i) cast informed "say-on-pay" advisory votes by allowing them to evaluate the "reasonableness" of CEO pay levels relative to those of