Oxfam America Sues The SEC (Again) For Dilatory Rule Making

Recently, I wrote of the shamelessness of the Securities and Exchange Commission targeting late filers even while it continues to miss many legal deadlines itself.  In that post, I mentioned that the SEC adopted resource extraction rules only after being sued by Oxfam America.  See also Waiting for the SEC . . . and Supreme Court Fails To Bite At Bulldog And Oxfam America Sues The SEC.  Thereafter, U.S. District Court Judge John D. Bates vacated the rule in American Petroleum Institute v. SEC, 953 F. Supp. 2d 5 (D. D.C. 2013).  Although more than a year has passed, the SEC has yet to propose a rule. This morning, Oxfam America announced that it has sued the SEC again for failing to comply with Congress' mandate.