News & Analysis as of

Natural Resources Conflict Mineral Rules

Holland & Knight LLP

SEC Rules for Resource Extraction Issuers Could Lead to Increased FCPA Scrutiny, Disclosures

Holland & Knight LLP on

New rules issued by the U.S. Securities and Exchange Commission (SEC) that require resource extraction issuers to disclose payments made to U.S. and foreign governments for the commercial development of oil, natural gas or...more

Cooley LLP

Monumental Effort By Some To Comply With Conflict Minerals Rule: Is It Helping Or Hurting?

Cooley LLP on

For some companies, compliance with the SEC’s conflict minerals rule required a truly monumental effort. According to this article in the WSJ, one company identified over 38,000 suppliers– pause on that a moment: thirty-eight...more

NAVEX

Why Conflict Minerals Reporting May Be Good for Business

NAVEX on

If your company files with the SEC and uses components that contain tin, tantalum, tungsten or gold (3T&G) sourced in the Democratic Republic of Congo (DRC) or adjoining countries, yours is one of thousands of U.S. companies...more

Troutman Pepper

D.C. Circuit Rules A Provision Of The SEC Conflict Minerals Rule Violates The First Amendment

Troutman Pepper on

On April 14, 2014, the D.C. Circuit Court of Appeals in Nat'l Ass'n of Mfrs. v. SEC, 2014 BL 102614, D.C. Cir., No. 13-5252, 4/14/14) upheld all aspects of the Securities and Exchange Commission (SEC)’s conflict mineral rule,...more

K&L Gates LLP

Proposed EU Legislation on Conflict Minerals Published

K&L Gates LLP on

On 5 March, the European Commission (“the Commission”) published its long-awaited draft legislation on conflict minerals. The proposal for a regulation setting up a Union system for supply chain due diligence...more

Stinson - Corporate & Securities Law Blog

The Meaning Of “DRC Conflict Undeterminable”

Some issuers who are required to progress far enough down the conflict minerals decision tree may be unable, after performing due diligence, to determine whether conflict minerals in relevant products financed or benefitted...more

Stinson - Corporate & Securities Law Blog

Group Identifies Conflict Minerals Report Expectations

The Responsible Sourcing Network has released a paper, the goal of which is to describe the content that certain sustainable and responsible investors, or SRIs, and nongovernmental organizations, or NGOs, expect to see in an...more

Foley & Lardner LLP

SEC Wins Victory in Conflict Minerals Rules Litigation

Foley & Lardner LLP on

The SEC’s conflict minerals rules have withstood judicial challenge — so far. On July 23, 2013, the U.S. District Court for the District of Columbia rejected the summary judgment motion of the plaintiffs challenging the...more

Stinson - Corporate & Securities Law Blog

Court Upholds SEC Conflict Minerals Rule

The United States District Court for the District of Columbia has upheld the SEC’s conflict minerals rule in National Association of Manufacturers et al v. Securities and Exchange Commission. ...more

Stinson - Corporate & Securities Law Blog

GAO Study Finds Problems With Conflict Free Minerals Sourcing

The Government Accountability Office, or GAO, has published a study highlighting some issues with conflict-free minerals sourcing. ...more

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