Investors Applaud Federal Court Decision Denying Suspension of Conflict Mineral Reporting Rule
MAY 15, 2014: Investors welcome the decision by the U.S. Court of Appeals for the D.C. Circuit to deny trade associations’ request for a temporary stay of the Securities and Exchange Commission (SEC) conflict minerals reporting rule for Section 1502 of the Dodd-Frank Wall Street Reform and Consumer Protection Act. Many companies, including those with complex global supply chains, have demonstrated the willingness and ability to comply with the rule by conducting due diligence and preparing disclosures. The SEC has made clear that it expects companies to file reports by the June 2 deadline, and yesterday’s court decision eliminates any …
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