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Accession Number
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PB2012-113968
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Title
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Conflict Minerals Disclosure Rule: SEC's Actions and Stakeholder-Development Initiatives.
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Publication Date
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Jul 2012
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Media Count
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57p
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Personal Author
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N/A
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Abstract
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The Securities and Exchange Commission (SEC) has taken some steps toward developing a conflict minerals disclosure rule, but it has not issued a final rule. For example, SEC published a proposed rule in December 2010 and has gathered and reviewed extensive input from external stakeholders through comment letters and meetings. SEC has also announced, on several occasions, new target dates for the publication of a final rule. In July 2012, SEC announced that the Commission will hold an open meeting in August 2012 to consider whether to adopt a final rule. According to SEC officials, various factors have caused delays in finalizing the rule beyond the April 2011 deadline stipulated in the act, including the intensity of input from stakeholders and the public; the amount of time required to review this input; and the need to conduct a thorough economic analysis for rule making.
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Keywords
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Conflict management Disclosure Economic analysis Meetings Minerals Rules Securities and Exchange Commission (SEC) Stakeholders
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Source Agency
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General Accounting Office
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NTIS Subject Category
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48A - Mineral Industries 96 - Business & Economics 70F - Public Administration & Government
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Corporate Author
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Government Accountability Office, Washington, DC.
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Document Type
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Technical report
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Title Note
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N/A
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NTIS Issue Number
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1225
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Contract Number
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N/A
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