House Committee Passes Bill to Repeal Dodd-Frank Conflict Minerals Reporting Requirements
The House Financial Services Committee on Nov. 15 advanced legislation that would repeal language in the Dodd-Frank Act requiring companies to report conflict minerals content in their products to the Securities and Exchange Commission (SEC), the committee announced. Introduced Nov.…
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3 by Rep. Bill Huizenga, R-Mich., the bill would remove a requirement that public companies disclose in annual SEC reports whether the firms source tin, tungsten, tantalum and gold from the Democratic Republic of the Congo and its nine neighboring countries, the committee said. The office of House Majority Leader Kevin McCarthy, R-Calif., didn’t comment on when the full House might vote on the legislation.