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Conflict mineral rules to test retailers
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Thursday, August 23, 2012
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The U.S. Securities and Exchange Commission voted 3-2 on Wednesday to approve implementing regulations which require publically traded companies to determine whether their products contain “conflict” minerals from the Democratic Republic of the Congo. The regulations cover products ranging from jewelry to electronics that are made using gold, tin, tungsten and tantalum from the eastern region of the DRC or surrounding areas. The National Retail Federation said the SEC...
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