When Bono spoke out in support of Sections 1502, 1503, and 1504 of the Dodd-Frank Act, chances are he had no idea that these well-meaning provisions would have such a detrimental effect. Section 1502 in particular, which requires public companies to disclose their use of “conflict minerals” originating in the Democratic Republic of the Congo, [...]
Archive for the ‘Conflict Minerals’ Category
2 May
SEC’s “Conflict Minerals” Rules Delayed
A recent Client Alert from King & Spalding reminds us that regulations under Section 1502 of the Dodd-Frank Act – which were originally expected to be adopted no later than April 15, 2011 – will now likely be delayed until August 2011. Section 1502, “Conflict Minerals,” requires public companies to disclose: “whether any conflict minerals [...]
