TheCorporateCounsel.net

This is the 1st match of the 5th round – the battle among the Final Four! With two of the Final Four contestants consisting of beer taps, this community seems keen on winding down. As noted in these rules (and keep sending more pics for the next tourney), please vote for one of the following two cubes below:

– Milwaukee Brewers Beer Tap
– Black Jack Table

GAO Studies Delay in Conflict Minerals Rule

Recently, Steve Quinlivan blogged this in the “Dodd-Frank.com Blog”:

The GAO has issued a report that examines among other things:

– Steps the SEC has taken toward issuing a conflict minerals disclosure rule; and
– Stakeholder-developed initiatives that may help covered companies comply with the anticipated rule.

The GAO concludes the continued delay in issuing a final rule has contributed to a lingering uncertainty among industry and other stakeholders who expect their actions to be guided by a final rule. Some of these industry and other stakeholders have engaged in the development of various initiatives that they hope may help covered companies comply with the anticipated rule, in part by helping foreign and domestic suppliers of those covered companies trace minerals in their supply chains. Without a final rule, it is unclear to what extent the initiatives currently being developed or implemented by industry and other stakeholders will achieve results consistent with those anticipated under the conflict minerals legislation. Moreover, in part because of the delay in the rule’s issuance, many companies across the tin, tantalum, tungsten, and gold supply chains are reluctant to participate in or support the global and in-region initiatives currently being developed or implemented because they are uncertain whether or not the initiatives will align with the anticipated rule.

More on “The Mentor Blog”

We continue to post new items daily on our blog – “The Mentor Blog” – for TheCorporateCounsel.net members. Members can sign up to get that blog pushed out to them via email whenever there is a new entry by simply inputting their email address on the left side of that blog. Here are some of the latest entries:

– Does the SEC Allow One-on-One Meetings After Earnings Calls?
– Practicing Safe IR Presentations
– Cybersecurity Risk Disclosures: One Year After SEC Guidance
– Posted: Pair of FCPA and Anti-Bribery Flowcharts
– Wal-Mart: Independence and Internal Investigations
– SEC’s Individual Cooperation Program Gets off the Ground
– And Even So Many More Board Trends That I Could Cry…
– Survey: D&O Insurance on the Rise

– Broc Romanek