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SEC to issue anti-corruption, 'conflict mineral' rules

Friday, August 17, 2012

The U.S. Securities and Exchange Commission is expected to announce rules aimed at fighting corruption and trade in so-called “conflict minerals” at a meeting on Aug. 22 . The provisions are part of the sweeping Dodd-Frank financial reform legislation. Section 1504 of Dodd-Frank requires oil, gas and mining companies to publish payments they make to governments on a country- and project-level to help deter corruption. The regulations, speci...

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