Conflict Minerals Rule Creates Corporate Headache And A Small Industry

The conflict minerals provision of the Dodd-Frank law is riff with obligations, ambiguities and potential pitfalls. An article in the New York Times explains what’s happening as companies attempt to comply with the 356-page disclosure rule, in some cases by enlisting consultants, auditors, lawyers and software firms. More than a thousand companies have now filled out the disclosure. A study looks at the results, and one attorney explains why she thinks the law puts companies between a rock and a hard place.