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Name of Resource | Dodd-Frank Wall Street Reform and Consumer Protection Act |
Type | Legislation |
Country / jurisdiction | United States of America |
Enacting authority | Congress |
Entry into force / date of approval | 21 July 2010 |
Description | The Act amends the Securities Exchange Act of 1934 to direct the Security and Exchange Commission to issue regulations requiring persons for which conflict minerals are necessary to the functionality or production of a product manufactured by that person to make annual disclosures of whether any such conflict minerals originated in the Democratic Republic of Congo or an adjoining country. Requires the report, regarding any minerals that did originate in the Democratic Republic of Congo or an adjoining country, to describe: (1) due diligence measures taken on the source and chain of custody of such minerals; and (2) the products manufactured, or contracted to be manufactured, that are not Democratic Republic of Congo conflict free. Defines "Democratic Republic of Congo conflict free" as products that do not contain minerals that directly or indirectly finance or benefit armed groups in the DRC or an adjoining country. Instructs the Secretary of State to: (1) submit a strategy to Congress that addresses the linkages between human rights abuses, armed groups, mining of conflict minerals, and commercial products; (2) produce and update periodically a map of mineral-rich zones, trade routes, and areas under the control of armed groups in the DRC and adjoining countries ("Conflict Minerals Map"); and (3) publish in the Federal Register a notice of intent to declare a mineral a conflict mineral. |
Availability | ENG: https://www.congress.gov/bill/111th-congress/house-bill/4173 |