The Conversation (0)
Reuters reported U.S. regulators are set to finalize conflict mineral laws and overseas operations.
Reuters reported U.S. regulators are set to finalize conflict mineral laws and overseas operations.
As quoted in the market news:
The SEC received a flood of comment letters on the rule, with companies such as AT&T saying the rule over-reaches. It would require companies to determine if their products contain any tantalum, tin, gold or tungsten from the Democratic Republic of the Congo – something they say can be very difficult to trace through the layers of the supply chain.
Corporations will be closely watching to see if the SEC allows for a phase-in of the rules, and how strict the agency is with audit and due diligence requirements.