June 20, 2014
What The Conflict Minerals Rule Means For Congress And The SEC
Posted by David Zaring

Over at the National Law Journal, I've got a view:

The U.S. Securities and Exchange Commission's long-awaited rule requiring some users of so-called "conflict minerals" to disclose that use went into effect on June 2. The rule is interesting not because of what it does — it is a modest, targeted effort aimed somewhat indirectly at reducing civil unrest in a part of Africa — but because of what it represents. It allows Congress and financial regulators to strike interesting new poses: one as a protector of human rights, and one as a maker of foreign policy.

If it is meant to end a civil war, it will be unsuccessful. But the rule is still an important new precedent for Congress and its new agent of diplomacy, the SEC.

You can find more here.

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