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SEC Conflict Minerals Rule: Information on Responsible Sourcing and Companies Affected
Lawrance L. Evans, Jr. (au)
The eastern part of the Democratic Republic of the Congo (DRC) has experienced recurring conflicts involving armed groups that have resulted in severe human rights abuses. In addition, armed groups have profited from the exploitation of minerals. In 2010, Congress enacted Section 1502(b) of the Dodd-Frank Wall Street Reform and Consumer Protection Act to address the exploitation of conflict minerals, which include tin, tantalum, tungsten, and gold, and the extreme levels of violence in the DRC. The SEC issued a rule in Aug. 2012 that requires companies to disclose their use of conflict minerals and the origin of those minerals. This report describes, among other issues, (1) factors that may impact whether SECäó»s rule denies armed groups in the DRC benefits from conflict minerals; and (2) information about companies that use conflict minerals and are not required to report to SEC under the rule. Figures. This is a print on demand report.
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