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Bill to Require SEC Disclosures on Human Trafficking

Joe Mont | July 30, 2015

Many have predicted that the sort of social issue-based regulatory disclosures the Securities and Exchange Commission gave birth to with its conflict minerals disclosure rule would eventually expand and that human trafficking was a topic to watch. This week,  U.S. Representatives Carolyn Maloney (D-N.Y.) and Chris Smith (D-N.J.) introduced the Business Supply Chain Transparency on Trafficking and Slavery Act of 2015, a bill that would require large public companies publicly disclose measures to prevent human trafficking, slavery, and child labor in their supply chains as part of their annual reports to...

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