Tag Archives: conflict minerals rule

Acting SEC Chairman Halts Enforcement of Conflict Minerals Rule Citing IPC Comments

Acting U.S. Securities and Exchange Commission (SEC) Chairman Mike Piwowar said in an April 7, 2017 statement that the SEC is suspending enforcement of the costliest requirements of its conflict minerals rule. The statement came following an April 3, 2017 U.S. District Court decision remanding the rule back to the SEC to address First Amendment […]

SEC to Reconsider Conflict Minerals Guidance

On January 31, 2017, Acting Securities and Exchange Commission (SEC) Chairman Michael S. Piwowar released a public statement directing the SEC staff to consider whether their 2014 guidance is still appropriate and whether any additional relief is appropriate.  The guidance was issued by the SEC after the April 2014 D.C. Circuit Court of Appeals’ finding […]

Court Backs Companies’ Free Speech Over Conflict Minerals

The U.S. Court of Appeals for the District of Columbia Circuit declared on August 18 that the U.S. Securities and Exchange Commission (SEC) cannot force public companies to declare whether their products may contain “conflict minerals.” The 2-1 ruling by the Court of Appeals upheld their April 2014 finding that stayed part of the reporting […]

U.S. Appeals Court Denies Request to Delay Conflict Minerals Rule

On May 14, a U.S. Appeals Court denied a Motion for Stay filed by industry groups to delay the U.S. Securities and Exchange Commission’s (SEC) June 2 deadline for conflict minerals reporting. Public companies are required to report conflict minerals information from 2013 to the SEC by the June 2 deadline. In April, the US […]

SEC Issues Conflict Minerals Reporting Guidance; Petitioners File for Stay

Following U.S. Securities and Exchange Commission (SEC) Chair Mary Jo White’s April 29, 2014 statement to members of the House Financial Services Committee that the agency will continue to implement the conflict minerals rule upheld by the U.S. Court of Appeals, the SEC published staff guidance to companies on meeting the May 31 reporting deadline. […]