On August 22, 2012, the Securities and Exchange Commission adopted rules implementing Sections 1502 and 1504 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (the “Dodd-Frank Act
”). The rules implementing Section 1502 of the Dodd-Frank Act relate to reporting requirements regarding conflict minerals originating in the Democratic Republic of the Congo and adjoining countries. The rules implementing Section 1504 of the Dodd-Frank Act relate to reporting requirements regarding certain payments made by oil and gas and mining issuers to foreign governments and the US Federal Government.
View full memo, "SEC Adopts Dodd Frank Conflict Minerals and Government Payments Rules"