Topic: Exchange Act

Court Upholds SEC Conflict Minerals Rule – First Reports Due in Less Than A Year

“[The] rule […] will require about 6,000 publicly traded companies to report whether their products contain four so-called conflict minerals from the Democratic Republic of the Congo, where warlords use proceeds from the mineral sales to finance murder, rape and torture.” (The National Law Journal) On July 23, 2013, a federal court rejected a challenge… Read more »

Sanctions Update: Public Companies Must Disclose Iran-Related Activities In SEC Reports

One of the key provisions in the Iran Threat Reduction and Syria Human Rights Act of 2012 is a new SEC reporting requirement regarding certain Iran-related activities. From law firm Loeb & Loeb: “Beginning February 6, 2013, public companies must disclose in annual or quarterly reports to the Securities and Exchange Commission whether the companies… Read more »