The High Cost of Compliance
The headline on the IPC press release says it all: “Tulane University Study Finds Dodd-Frank Conflict Minerals Regulations to be One Hundred Times More Costly than SEC Estimate.” Tulane's estimate: $7.93 billion, versus the SEC estimate of $71.2 million. Ouch. It's not surprising that the SEC estimate is so low. Regulatory bodies have been low-balling…
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