SEC Passes Final Rules For Dodd-Frank Section 1502 – Conflict Minerals

By Jared Connors

This morning, August 22nd, the SEC voted 3-2 in favour of the final rules proposed for Dodd-Frank Section 1502 – Conflict Minerals.

In what was a long awaited vote, the SEC adopted several rule changes that will affect Conflict Mineral Reporting requirements including a new status of “DRC Conflict indeterminable” and calendar year reporting requirements (as opposed to fiscal year end).

Assent Compliance will be hosting a webinar on September 5th covering Conflict Minerals including the changes between the proposed and final rules.

Assent Compliance offers a turnkey Conflict Mineral Compliance service including Conflict Minerals Scope Assessments, Conflict Minerals Reasonable Country of Origin Inquiry, Conflict Minerals Reports, and Conflict Minerals Software for reviewable business records.”

Media Coverage of The SEC Meeting:

http://www.bloomberg.com/news/2012-08-22/sec-s-conflict-minerals-rule-requires-reports-filed-in-may-2014.html

http://www.latimes.com/business/money/la-sec-conflict-minerals-congo-rules-20120822,0,7185990.story

http://www.forbes.com/sites/ericsavitz/2012/08/22/sec-approves-detailed-disclosure-on-conflict-minerals/

Jared Connors
Director, Regulatory & Sustainability

Jared is focused on helping companies achieve their corporate social responsibility (CSR) goals through increased understanding and mitigation of risk. His 12 years of leadership in human rights, anti-bribery  Read More

This information is provided for educational purposes only and does not constitute legal or regulatory advice. The information is current as of the date of publication or send. Your organization remains responsible for confirming compliance obligations.

Jared Connors | Director, Regulatory & Sustainability

Jared is focused on helping companies achieve their corporate social responsibility (CSR) goals through increased understanding and mitigation of risk. His 12 years of leadership in human rights, anti-bribery and anti-corruption, and environmental issues help him guide companies into new areas of co...

Read More

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