Update: Court Upheld Section 1502 Conflict Minerals of the Dodd-Frank Act
On July 23, 2013, the US District Court for the District of Columbia (District Court) upheld the rule adopted by the SEC implementing Section 1502 Conflict Minerals of the Dodd-Frank Act.
The National Association of Manufacturers, the Chamber of Commerce of the United States of America, and the Business Roundtable filed suit challenging various portions of the SEC's Final Rule. They thought it was arbitrary and capricious and claimed that the required disclosures violated the First Amendment. The District Court disagreed and granted summary judgment to the SEC on all claims. The conflict minerals disclosure rule remains in effect.
As a result, companies required to file based on the final rule must submit their first report on or before May 31, 2014 for the year ending December 31, 2013. Click here for the Ruling
Member Company Information - Complete Member Company List
As you know the SEC recently released its final rules regarding the Conflict Minerals section of the Dodd-Frank act. Click here for a complete member company list.
ECIA Releases Position Paper on Reporting Template
Click here to access the association's position statement regarding the reporting format.
ECIA CARTS International to host Executive Seminar on Conflict Minerals
Click here to learn more about the Seminar on Conflict Minerals in the Electronic Components Industry.
OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas
Click here to learn more.
American Institute of Certified Public Accountants (AICPA)