US energy firms lagging in Dodd-Frank readiness: survey
Two-thirds of upstream US energy companies have done nothing to comply with new regulations imposed by the Dodd-Frank Act, according to a new survey
Chicago-based consultancy and accounting firm Grant Thornton polled more than 100 senior executives at independent oil and gas exploration and service companies, most of them private. Some 65% of respondents said they had not yet begun to implement the Dodd-Frank Act's documentation and reporting requirements, Grant Thornton said in a report on the survey results, released this week.
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