On Friday, the SEC issued an official order staying the effective date for compliance with the portions of the conflict mineral rules that would require issuers to make statements that the United States Court of Appeals for the District of Columbia held would violate the First Amendment. This order does not provide companies with additional relief than that already provided in the SEC’s Statement on the Effect of the Recent Court of Appeals Decision on the Conflict Minerals Rule which was issued on April 29th. (See my earlier blog describing such statement).
