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Article

27 Aug 2012

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compiled by Business & Human Rights Resource Centre

US Dodd-Frank law - reactions to SEC vote on conflict minerals

On 22 August 2012, the US Securities and Exchange Commission (SEC) voted on regulations to implement key provisions of the 2010 financial reform law known as "Dodd-Frank". These include provisions requiring public companies to disclose steps they are taking to avoid sourcing certain minerals from mines controlled by armed groups that use the mineral sales to fund violence. [statements by As You Sow/Responsible Sourcing Network, Boston Common Asset Management, Calvert Investments, Interfaith Center on Corporate Responsibility, Trillium Asset Management, US Social Investment Forum; Enough Project; Global Witness; AMD. Also refers to Apple, Boeing, HP, Motorola Solutions, Target, Wal-Mart, National Retail Federation, US Chamber of Commerce]