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CNBC reports that the recent defeat of U.S. Securities and Exchange Commission’s proxy access rule in a federal appeals court could create legal challenges to Dodd Frank.
CNBC reports that the recent defeat of U.S. Securities and Exchange Commission’s proxy access rule in a federal appeals court could create legal challenges to Dodd Frank.
The market news is quoted as saying,
WHAT: The conflict minerals proposal by the Securities and Exchange Commission would require companies to disclose annually whether they use any “conflict minerals” such as tantalum, tin, gold, or tungsten from the Democratic Republic of the Congo.
LEGAL CONCERNS: The proposal has become so contentious that the SEC had to reopen the comment period and delay the final implementation.
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