SEC cuts off funding to groups committing human rights violations in Central Africa
Pursuant to a mandate in the Dodd-Frank Act, the US Securities and Exchange Commission recently issued final rules requiring issuers to account for the use in their products of so-called conflict minerals. The rules are intended to cut off funding to groups committing human rights violations in areas of central Africa where these critical minerals are mined. Companies that make products that use conflict minerals in their manufacture should begin determining as soon as possible whether and how the new rules apply.
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