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The US Securities and Exchange Commission (SEC) has finally voted on the implementation of oil and mining transparency rules in the Dodd-Frank financial regulatory reform bill, more than a year after the original deadline came and went. Good news, to be sure, since tough financial disclosure rules are better late than never. But the delay is troubling, not only because of the bill's possible watering-down thanks to stalling lobbying by the American Petroleum Institute, whose membership reads like a who's who of Big Oil.