Court finds against conflict minerals rule

Apr 15, 2014 | 06:18 PM | Claire Hack

Tags  Dodd Frank, conflict minerals, tungsten, tin, tantalum, Claire Hack

LONDON — A panel of three U.S. judges has ruled that a section of the Dodd-Frank Wall Street Reform and Consumer Protection Act that requires companies to report their use of "conflict minerals" to the Securities and Exchange Commission is unconstitutional.

In a two-to-one decision, the U.S. Court of Appeals for the District of Columbia found that the rule compels a reporting company to "confess blood on its hands" and violates free-speech rights under the First Amendment, and has remanded the case back to the U.S. District Court for the District of Columbia.....





Latest Pricing Trends

Poll

Is severe weather affecting your business?

Yes
No


View previous results