Hopes Are Up For Invalidation Of The Conflict Minerals Rules


We have explained that the District Court upheld the SEC’s conflict minerals rules.  Recently, oral argument on the appeal was heard by the U.S. Court of Appeals for the District of Columbia Circuit.  Some press reports have speculated because of tough questioning by the appellate panel that the appeals court may invalidate the law.  It’s a lot to read into the tea leaves though.  See TheCorporateCounsel.net, eenews, Compliance Week, Main Justice and The Hill.

One of the principal objections to the rule is the cost of compliance.  The best explanation of why the law was enacted I have seen can be found here, which includes a discussion about an announcement by a major manufacturer of conflict minerals free products.

Written by:

Published In:


DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Stinson Leonard Street - Dodd-Frank and the Jobs Act | Attorney Advertising

Don't miss a thing! Build a custom news brief:

Read fresh new writing on compliance, cybersecurity, Dodd-Frank, whistleblowers, social media, hiring & firing, patent reform, the NLRB, Obamacare, the SEC…

…or whatever matters the most to you. Follow authors, firms, and topics on JD Supra.

Create your news brief now - it's free and easy »

All the intelligence you need, in one easy email:

Great! Your first step to building an email digest of JD Supra authors and topics. Log in with LinkedIn so we can start sending your digest...

Sign up for your custom alerts now, using LinkedIn ›

* With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name.