|Wall Street Reform and the Democratic Republic of the Congo|
The Impact of the Dodd-Frank Act's Conflict Minerals Reporting Requirements
on Companies, Conflict and Development
Monday, September 26, 2011 6:30 pm-8:30 pm
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Section 1502 of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 requires publicly traded companies that use "conflict minerals" in their manufacturing processes or supply chain (by some estimates, about half of all companies) to disclose whether such minerals came from the DRC or an adjoining country. The purpose of the provision is to address concerns that trade in conflict minerals provides revenue for armed militias responsible for serious human rights abuses in the Democratic Republic of the Congo. The Securities and Exchange Commission is expected to issue final rules implementing the disclosure and reporting requirements in the near future. The panelists will consider the impact of Dodd-Frank on affected companies and the law's consequences -- intended and unintended -- on armed conflict and economic development in the region.