SEC's Conflict Minerals Rule Sets Up 1st Amendment Clash
Law360, New York (August 18, 2015, 10:22 PM EDT) -- The D.C. Circuit has again struck down a key piece of the U.S. Securities and Exchange Commission’s conflict minerals disclosure requirement, setting up a potential U.S. Supreme Court showdown over the government’s ability to compel commercial speech under the First Amendment.
In a divided opinion Tuesday, a three-judge panel for the appellate court stood by its previous decision to slash the SEC’s requirement that issuers declare whether their products are "conflict free" because it violates their First Amendment rights. The majority said its opinion wasn’t swayed by a separate D.C. Circuit ruling in American Meat Institute et al. v. U.S. Department...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!