U.S. Chamber, NAM Appeal SEC Conflict Minerals Rule

The U.S. Chamber of Commerce and National Association of Manufacturers filed a joint challenge of the Securities and Exchange Commission’s conflict minerals rule with the U.S. Court of Appeals for the D.C. Circuit on Oct. 19. The final rule, published Sept. 12, requires some companies using tantalum, tin, gold or tungsten to disclose use of the minerals and possibly file a detailed report. The Chamber and NAM also challenged the underlying provisions of the Dodd-Frank Act. The appeal provided no details on the challenge, but simply requested that the conflict minerals rule be modified or set aside.