Don’t Bet Against Conflict Minerals Regulation

You couldn’t find a more Pyrrhic victory. A U.S. Appeals Court has ruled that the Conflict Minerals disclosure requirement of the Dodd-Frank Wall Street Reform and Consumer Protection Act violates the First Amendment rights of manufacturing companies. The ruling, in favor of the National Association of Manufacturers, (NAM) means enterprises cannot be compelled by the Securities and Exchange Commission…

Independent Audit of Conflict Minerals Law Compliance Rare

Semiconductor vendors, most major consumer electronic OEMs and other high-tech companies largely ignored the voluntary independent audit requirement for compliance with the Dodd-Franks Conflict Minerals legislation in 2013 and this will most likely remain unchanged for 2014, according to a report compiled by Schulte Roth & Zabel, a law firm that provides advisory services to…

Electronics Purchasing and Voting With Your Pocketbook

Walmart critics say the mega-retailer doesn’t pay its employees enough. Among the arguments in favor of Walmart boosting its employees’ wages is “it’s the right thing to do.” Corporate social responsibility (CSR) has become a very popular branding tool for many businesses. But how about from the business standpoint? Walmart is one of the darlings…

Ruling Adds No Clarity To Conflict Minerals Law

One of the lesser-known facts about the Dodd-Frank Act (also known as the “conflict minerals” rule) is that the provision has been challenged in court. The U.S. Court of Appeals for D.C. Circuit recently issued its ruling on a challenge by the National Association of Manufacturers (NAM) regarding the SEC’s conflict minerals rule, according to…