Experts: Suit's dismissal shouldn't postpone conflict minerals disclosure plans

05/3/2013 | Compliance Week

A recent ruling by the U.S. Court of Appeals for the District of Columbia Circuit in which an oil industry lawsuit against the Securities and Exchange Commission was dismissed complicates the related matter of conflict minerals disclosure. Parties in the suit had hoped to overturn the SEC's rules requiring disclosure of extraction rights payments. The suit will likely be pursued under different arguments. Meanwhile some experts are urging companies not to wait for this related issue to be resolved but to put conflict minerals disclosure processes in place now.

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