Conflict Minerals
October 14, 2015 | Written by GreenSoft Technology, Inc.
SEC Seeks Rehearing in On-Going Conflict Minerals Legal Battle
Last week saw yet another step in the on-going legal battle over the conflict mineral provisions of the Dodd-Frank Act.
On October 2, the SEC and Amnesty International filed petitions requesting an en banc rehearing of the Court's April 2014 decision which determined that provisions of the Dodd-Frank Act were unconstitutional and the Court's August three-seat panel decision that reaffirmed the April ruling.
The April and August rulings determined that the requirement of companies to state their products have “not been found to be DRC conflict free” violates the companies’ First Amendment rights. If the Court approves the SEC and Amnesty International's petitions for an en banc rehearing, the case will be reheard in front of the entire D.C. Circuit Court of Appeals.
This blog post is now our ninth update on the on-going Conflict Minerals legal battle in the US. Read about the case from the beginning to the present: March 2013, July 2013, April 2014, May 2014, September 2014, November 2014, March 2015, August 2015.