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The Regulatory Week in Review: December 18, 2015

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  • The Federal Aviation Administration (FAA) clarified details concerning its drone registration rule—which will require all recreational drones to be registered starting on December 21—explaining that drone operators will not need to retain “drone registration firms” to assist them with the process, but rather will be able to register their drones on their own.
  • In an effort “to help combat global corruption and empower citizens of resource-rich countries to hold their governments accountable,” the U.S. Securities and Exchange Commission (SEC) issued a proposed rule that would require commercial developers of oil, natural gas, and minerals to disclose any payments that they make to foreign governments in their efforts to secure extraction rights.