• Will the SEC's Recently Adopted Conflict Minerals Rule Impact You?
  • October 24, 2012 | Authors: Julie R. Domike; David M. Eaton; Monica R. Richey; Todd S. Roessler; David A. Stockton
  • Law Firms: Kilpatrick Townsend & Stockton LLP - Washington Office ; Kilpatrick Townsend & Stockton LLP - Atlanta Office ; Kilpatrick Townsend & Stockton LLP - Raleigh Office ; Kilpatrick Townsend & Stockton LLP - Atlanta Office
  • On August 22, 2012, pursuant to Section 1502 of the Dodd-Frank Wall Street Reform and Consumer Protection Act, 15 U.S.C. § 78m(p), the Securities Exchange Commission (the SEC) adopted a final rule requiring certain publicly traded companies to disclose whether they use “conflict minerals” in their products and describe the efforts that they have undertaken to ensure their use of those minerals does not contribute to the ongoing conflict in the Democratic Republic of Congo and adjoining countries (the Covered Countries). This disclosure is required to be filed annually with the SEC on a new specialized disclosure report (Form SD), and, where applicable, a Conflict Minerals Report must be filed as an exhibit to Form SD.