SEC To Vote On Dodd-Frank Act

Reuters reported the U.S. Securities and Exchange Commission will vote on new rules regarding conflict minerals in the Dodd-Frank act on August 22.

As quoted in the market news:

The SEC said it would meet on August 22 to publicly vote on the two sets of rules, which are required by the 2010 Dodd-Frank Wall Street reform law.

The conflict minerals rule would require companies to disclose whether they use tantalum, tin, gold or tungsten from the Democratic Republic of the Congo. The other rule would require oil, gas and mining companies to disclose payments they make to governments.

Click here to read the full Reuters report.