Conflict Minerals - Comment Letter - Verizon - June 24, 2011

From Markets Reform Wiki
Jump to navigation Jump to search
Dodd-Frank Timeline, Conflict Minerals, SEC
Final Rule Issue Effective Date First Report Due
September 12, 2012 November 13, 2012 May 31, 2014

Conflict Minerals
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.



References[edit]

<references />

MarketsReformWiki Sponsors

RSM US LLP ADM Investor Services Cinnober Fidessa