Corporate Communicator - Conflict Mineral Rules Litigation Continues
Letter from the Editor
Dear clients and friends,
In this issue of the Corporate Communicator, we bring you an article about recent developments concerning the Conflict Minerals Rules litigation. We hope you have a great summer.
Very truly yours,
Snell & Wilmer
Corporate and Securities Group
Conflict Mineral Rules Litigation Continues
by Cheryl A. Ikegami
Section 1502 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (2010) added Section 13(p) to the Securities Exchange Act of 1934, as amended (the Exchange Act), mandating that the SEC adopt regulations relating to “conflict minerals.” On December 15, 2010, the SEC proposed regulations to implement Section 1502 and on August 22, 2012, the SEC adopted final rules (the Conflict Mineral Rules). Conflict minerals include columbite-tantalite (coltan), cassiterite, gold, wolframite or their derivatives: tantalum, tin and tungsten.