Conflict Minerals
March 11, 2013 | Written by GreenSoft Technology, Inc.
SEC Replies to Conflict Minerals Suit
March 11, 2013｜Written by GreenSoft Technology, Inc.
The National Association of Manufacturers (NAM), the U.S. Chamber of Commerce and other groups filed suit against the SEC in January. The suit argued that the regulation is too costly, burdonsome, inconsistent with congressional intent, and ultimately that they are unconstitutional because they compel companies to disclose information in violation of the First Amendment. The D.C. Circuit Court is scheduled to hear the case on May 15, 2013. The Manufacturers Alliance for Productivity and Innovation (MAPI) has posted a helpful summary of the SEC's response. MAPI's conclusion:Companies should continue to prepare for the rule's full implementation in order to file a first report by the deadline of May 31, 2014.
Abonnez-vous à notre blog
Recherche dans le blog et catégories
Related Posts
L'initiative « Responsible Minerals Initiative » a publié les versions CMRT 6.6, EMRT 2.11 et AMRT 1.31. Découvrez les nouveautés de ces modèles de rapport mis à jour et comment GreenSoft Technology facilite la mise en conformité en matière de minerais de conflit grâce à ses services de données CMRT, EMRT et AMRT.