SEC Conflict Minerals Rule — The Debate Continues

Law360, New York (November 15, 2011, 12:13 PM EST) -- On Dec. 15, 2010, the U.S. Securities and Exchange Commission issued a proposed “conflict minerals” regulation that would require public companies to report to the SEC annually whether they use “conflict minerals” that originated in the Democratic Republic of Congo (DRC) or countries adjoining the DRC (collectively “DRC countries”).[1]

The term “conflict minerals” is defined to include cassiterite, columbite-tantalite, gold, wolframite, their derivatives or any other mineral or its derivatives determined by the secretary of state to be financing conflict in the DRC countries. These minerals...
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