Conflict Minerals - Comment Letter - Verizon - June 24, 2011
|Final Rule Issue||Effective Date||First Report Due|
|September 12, 2012||November 13, 2012||May 31, 2014|
June 24, 2011
Verizon provides in its letter the following comments regarding the use of conflict minerals and proposed rules surrounding that use:
- "The legislative goals of the provision are at risk of being frustrated;
- The Commission should phase-in full CMR reporting only after DRC zone countries are able fully to participate in "Conflict Free Smelter" programs; and
- The Commission has statutory authority to adopt this approach."
Verizon argues that reform procedures in the Democratic Republic of the Congo (DRC) should be completed before the SEC moves to enforce the proposed rules.