SEC's Final Rules on Conflict Minerals Disclosure Expected to Have Broad Impact

Cooley Alert
September 12, 2012

On August 22, 2012, the SEC, by a vote of three to two, adopted final regulations, mandated by Section 1502 of the Dodd-Frank Wall Street Reform and Consumer Protection Act, governing public company disclosure of the use of "conflict minerals" originating in the Democratic Republic of the Congo and adjoining countries. Conflict minerals are used in, or in the manufacture of, a wide range of electronic products, including laptops, mobile phones, PDAs, DVD players, digital cameras, gaming devices and televisions, as well as in medical devices, airplanes, cars, machine tools, jewelry, packaging for food products and a whole host of other products. As a result, these new rules are likely to have a surprisingly broad impact.

View this entire Alert in PDF.

This content is provided for general informational purposes only, and your access or use of the content does not create an attorney-client relationship between you or your organization and Cooley LLP, Cooley (UK) LLP, or any other affiliated practice or entity (collectively referred to as “Cooley”). By accessing this content, you agree that the information provided does not constitute legal or other professional advice. This content is not a substitute for obtaining legal advice from a qualified attorney licensed in your jurisdiction and you should not act or refrain from acting based on this content. This content may be changed without notice. It is not guaranteed to be complete, correct or up to date, and it may not reflect the most current legal developments. Prior results do not guarantee a similar outcome. Do not send any confidential information to Cooley, as we do not have any duty to keep any information you provide to us confidential. This content may be considered Attorney Advertising and is subject to our legal notices.