Tag Archives: conflict minerals

Business Law Alert: Conflict Minerals? What you don’t know can hurt you

Recently, the Securities and Exchange Commission (SEC) adopted its final rule for implementing certain reporting requirements with respect toconflict minerals as required by § 1502 of the Dodd-Frank Act (Reporting Requirements). If a manufacturer is required to file reports with the SEC and uses gold, tin, tantalum, or tungsten (collectively, the Conflict Minerals) in its products, then that manufacturer (Affected Manufacturer) will be required to comply with the Reporting Requirements. However, even privately owned and foreign companies that supply Affected Manufacturers will be impacted by the Reporting Requirements. This is because information gathering necessary under the Reporting Requirements will be pushed down through entire supply chains so that suppliers of Affected Manufacturers will need to become familiar with the Reporting Requirements.

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