If you were waiting for legal clarity on the demands of the Securities and Exchange Commission’s conflict minerals rule to come from the courts, a ruling issued this week didn’t help much. For all involved, it was โwin some, lose some.โ While a federal appeals court upheld several key elements of the rulemaking, required by the Dodd-Frank Act, it struck down โ for now, at least โ a key disclosure requirement.
What happens next is in the hands of a lower court now. The big question, in the meantime, is what companies should do now faced with legal uncertainty and a fast-approaching SEC deadline?



