Conflict Mineral Law
1,001 Issuers' Compliance with the Letter and Spirit of the Dodd-Frank Conflict Minerals Rule
Legal Research Brief by Georgetown Law Center Global Law Scholars, Class of 2016
"We wanted to determine which factors contribute to a company's compliance with the Conflict Mineral Rule. We therefore read every Conflict Mineral Report for 2013 and looked for correlations with a host of variables, including size, profitability, revenue, industry, geography, socially responsible investment, and partnership with NGOs. We believe this is the most comprehensive analysis of conflict mineral disclosures to date." The Global Law Scholars of the Georgetown University Law Center read the disclosures of all 1,001 companies that filed a Conflict Minerals Report with the SEC for 2013 and assigned each company two scores:
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S.1682, An Act Relative to Congo Conflict Minerals
"...companies that create and sell products that include such metals have the ability to influence the situation in the Democratic Republic of Congo by...ensuring that their suppliers provide raw materials in a manner that does not directly finance armed conflict..." |
Several states have adopted legislation that reinforces Dodd-Frank, Section 1502. The call for their governments to prohibit the state and state agencies to contract with companies who do not comply with Section 1502. In other words, if companies do not keep track of the columbite-tantalite, cassiterite, wolframite, and gold in their supply chains, they will not be able to contract with the state.
The text of Bill SD367 (text currently available in previously filed House version) is very clear and it summarizes both the current situation in the DRC and the best first steps we can take to reduce our accountability.
The text of Bill SD367 (text currently available in previously filed House version) is very clear and it summarizes both the current situation in the DRC and the best first steps we can take to reduce our accountability.
Dodd-Frank Section 1502, U.S.A. LegislationLearn about United States conflict mineral legislation
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Dodd-Frank and Long Distance Accountability
After the amendment that added Section 1502 to the Dodd-Frank act, JDSupra writers have produced a series of articles explaining the "long distance accountability" of the U.S. for the atrocities occurring in the DRC. JDSupra writers produce articles explaining the companies new responsibilities to the SEC.
For a collection of articles on Dodd-Frank and conflict minerals by JDSupra, read on here!
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Laws within Great Lakes Region (GLR) of Africa
International Conference on the Great Lakes Region (ICGLR)
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European union and conflict minerals (CM)
Information and analysis of EU's CM guidelines
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