Federal Register: Conflict Minerals

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Gavel.png FINAL RULE: This page refers to the proposed rulemaking on disclosure of conflict minerals. For a summary of the final rule, click here.
Dodd-Frank Timeline, Conflict Minerals, SEC
Final Rule Issue Effective Date First Report Due
September 12, 2012 November 13, 2012 May 31, 2014

On December 15, 2010, the U.S. Securities and Exchange Commission (SEC) held an open meeting concerning the required disclosure of the use of conflict minerals by companies under the Dodd-Frank Act. Conflict minerals are sourced from the Democratic Republic of the Congo and include cassiterite, columbite-tantalite, gold, wolframite or their derivatives.

At the meeting, the SEC discussed the need for a conflict mineral report to be filed by companies annually. Proposed rules were added to the Federal Register on December 23, 2010.<ref>SEC Proposes Specialized Disclosure of Use of Conflict Minerals Under Dodd-Frank Act. SEC. Retrieved on December 15, 2010.</ref>

On October 18, 2011, the SEC held a roundtable to discuss the issue of conflict minerals and the corresponding proposed rules. Corporate representatives from the financial services industry met alongside human rights advocates to discuss the past-due rules. Among the topics of discussion was whether or not the term "conflict mineral" should be limited to mean just tantalum, tin, tungsten and gold.<ref>SEC Announces Agenda and Panelists for Roundtable on Conflict Minerals. SEC. Retrieved on October 14, 2011.</ref><ref>SEC struggles to write ‘conflict minerals’ regulations for companies. Washington Post. Retrieved on October 18, 2011.</ref>



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