Now that the matter has been remanded to the Commission, Acting Chairman Piwowar and the SEC Division of Corporation Finance have both issued public statements on the D.C. Court of Appeals decision reaffirming its prior holding that the Conflict Minerals rule “violate[s] the First Amendment to the extent the statute and rule require regulated entities to report to the Commission and to state on their website that any of their products have “not been found to be ‘DRC conflict free.'”” The Commission is now tasked with determining how to address the decision and how that affects the overall implementation of the Conflict Minerals rule.  Read the full update on our Conflict Minerals Law Blog below:

Conflict Minerals Report No Longer Required? Wait — Not So Fast