The SEC approved a disclosure rule under the Dodd-Frank law...
The SEC approved a disclosure rule under the Dodd-Frank law that requires publicly traded companies to disclose when their goods contain “conflict minerals” from the Democratic Republic of the Congo or an adjoining country. The rule applies to four “conflict…
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minerals” -- the elements tin, tantalum, tungsten and gold -- that are used in products including cellphones, missiles and automobiles. Under the rule, a company that uses any of the designated minerals is required to conduct a reasonable “country of origin” inquiry to determine whether any of its minerals originated in the covered countries or are from scrap or recycled sources, according to the rule. The company must make the results of the inquiry available on its website, the SEC said.