SEC Chair White Responds to Senators, Provides Conflict Minerals Rule Status

SEC Commissioner Mary Jo White unabashedly criticized the conflict minerals rule last October, but her July 21, 2014 response to Senators Mike Crapo and Dick Durbin displayed a more even-tempered tone.

Although no new information is provided, the letter is worth a read as it contains a succinct and rather clear explanation of the status and effect of the First Amendment decision, the resulting stay of portions of the conflict minerals disclosure requirements, and the pending en banc review.

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