Conflict Minerals Disclosure Rule - SEC's Actions and Stakeholder-Developed Initiatives, GAO (Dodd-Frank Study)

The Government Accounting Office issued a report as to the SEC's progress in issuing a rule as to "conflict minerals disclosure." The SEC explained its failure to issue a final rule by reference to a number of factors including its heavy work load and the required "significant learning curve."

(On the one hand, the report makes for interesting and horrific reading (with its information as to violence in Rwanda and other countries), but on the other, it is hard to see what expertise the SEC brings to these issues. While the report does not raise the question directly, one does wonder whether the issues discussed in the report are appropriate as matters within the scope of the SEC.)

Cross References: Dodd-Frank Section 1502; Dodd-Frank Studies table.

View study in full here (links externally to GAO website).