Close

Are you in compliance?

Don't miss out! Sign up today for our weekly newsletters and stay abreast of important GRC-related information and news.

Get updates on Compliance Week offerings, including new features, databases, research, and other resources, along with announcements of upcoming Webcasts, conferences, seminars, CPE/CLE opportunities and more.

Published every Thursday, Compliance Week Europe offers a condensed summary of risk, audit, and compliance news either originating in Europe, or of special interest to European compliance professionals. This newsletter will follow developments by the European Commission, as well as those of national governments across the region, or any U.S.-based news that might have consequence across the Atlantic. Frequency: weekly; Thursday a.m.

A fresh edition of Compliance Week delivered via e-mail and online every Tuesday morning, relentlessly focused on the disclosure, reporting and compliance requirements of our 25,000+ paying subscribers.

Published every Friday, Compliance Weekend was launched at the behest of subscribers, and offers a quick Plain English review of the week's key developments. We hope you enjoy this supplement to Compliance Week's Tuesday edition.

×

Status message

Start your free, no obligation 10-day trial to continue exploring with full access.

SEC's Conflict Mineral Rule Lays Minefield of Uncertainty

Melissa Klein Aguilar | January 11, 2011

Supply chain transparency will be a hot topic in 2011, thanks to a controversial Securities and Exchange Commission proposal aimed at curbing violence in the war-torn African Congo.

The Dodd-Frank Act directs the SEC to write rules requiring companies to disclose whether their products use or contain conflict minerals originating in the Democratic Republic of the Congo or an adjoining country. Under a proposal out for comment until Jan. 31, a wide range of issuers would have to disclose annually whether they use certain minerals “necessary to the functionality or production” of a product that they manufacture or contract to be manufactured that originate from the DRC.

The minerals are gold; cassiterite, the metal ore used to produce tin; columbite-tantalite, the ore tantalum is extracted from; and wolframite, an ore used to produce tungsten. The metals are used in all sorts of products, including jewelry, computers, cell phones, video games, digital cameras and jet... To get the full story, subscribe now.