SEC Wins Motion for Summary Judgment on Conflict Minerals Rules

By Cydney Posner

Bottom line from the case: "Finding no problems with the SEC's rulemaking and disagreeing that the 'conflict minerals' disclosure scheme transgresses the First Amendment, the Court concludes that Plaintiffs' claims lack merit." Accordingly, the court denied the Plaintiffs' motion for summary judgment and granted the SEC's cross-motion for summary judgment.

More on this case to follow.

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