August 22, 2012 | Written by GreenSoft Technology, Inc.
SEC Adopts Rule for Disclosing Use of Conflict Minerals
August 22, 2012｜Written by GreenSoft Technology, Inc.
The SEC has voted to adopt a rule implementing the conflict minerals provision of the Dodd-Frank Wall Street Reform and Consumer Protection Act, Section 1502. The rule requires publicly traded U.S. companies to disclose whether tin, tantalum, tungsten or gold in their products originated in the Democratic Republic of the Congo (DRC) or adjoining countries. The provision passed by a 3-2 margin.
The adoption of the rule means that manufacturers will have to conduct a "reasonable" inquiry to find whether or not minerals originated in the DRC or adjoining countries. Whether or not those minerals originate in the DRC, the manufacturer will have to detail findings to the SEC and publicly disclose on its website.
The SEC did not release the detailed final rules, only summaries.
Here is the SEC press release: https://www.sec.gov/news/press/2012/2012-163.htm
Subscribe to our Blog
Blog Search & Categories
- Anti-Slavery and Human Trafficking
- California Proposition 65
- Canadian Environmental Protection Act
- CE Mark
- Certificate of Compliance
- China RoHS
- Component Disclosure Module
- Conflict Minerals – Canada
- Conflict Minerals – EU
- Conflict Minerals – U.S.
- eCMA Forms
- EN 50581/EN IEC 63000:2018
- EU Battery Directive
- EU Green Deal
- EU Medical Device Regulation (MDR)
- EU Persistent Organic Pollutants (POPs) Regulation
- EU REACH
- EU RoHS
- EU Volatile Organic Compounds (VOC)
- Full Material Declaration (FMD)
- GreenData Manager Software
- GreenSoft Data Services
- GreenSoft Technology
- Hosted GreenData Manager (GDM) Software
- iGDM Component Database Search
- IPC-1752A Viewer
- JGPSSI & JIG-101
- Korea REACH
- SCIP Database
- Trade Shows
- U.S. Toxic Substances Control Act (TSCA)
- UK RoHS
- White Paper Library
May 17, 2022
CMRT 6.22 now available for download
September 24, 2020
Join GreenSoft Technology for Responsible Minerals Initiative’s Best Event Of The Year!
May 22, 2020
CMRT 6.01 and CRT 2.11 Available for Download
September 24, 2019
Join us at the RMI conference on October 21-22 for Conflict Minerals
April 30, 2019
Conflict Minerals Reporting Template (CMRT) Version 5.12 Released by the Responsible Minerals Initiative (RMI)