Transcription of SECURITIES AND EXCHANGE COMMISSION 17 CFR PARTS …
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SECURITIES AND EXCHANGE COMMISSION 17 CFR PARTS …
SECURITIES AND EXCHANGE COMMISSION . 17 CFR PARTS 240 and 249b [Release No. 34-67716; File No. S7-40-10]. RIN 3235-AK84. CONFLICT MINERALS. AGENCY: SECURITIES and EXCHANGE COMMISSION . ACTION: Final rule. SUMMARY: We are adopting a new form and rule pursuant to Section 1502 of the Dodd-Frank Wall Street Reform and Consumer Protection Act relating to the use of conflict minerals. Section 1502 added Section 13(p) to the SECURITIES EXCHANGE Act of 1934, which requires the COMMISSION to promulgate rules requiring issuers with conflict minerals that are necessary to the functionality or production of a product manufactured by such person to disclose annually whether any of those minerals originated in the democratic republic of the congo or an adjoining country.
The Congo conflict has been an issue raised in the United States Congress for a number of years. For example, in the 109th Congress, thenSenator Sam Brownback, along with Senator Richard J. Durbin and - then-Senator Barack Obama, among others, co-sponsored S. 2125, the Democratic Republic of Congo
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