Global Fastener News

Heim: Conflict Minerals Regulations Can Involve Entire Supply Chain

Heim: Conflict Minerals Regulations Can Involve Entire Supply Chain
March 07
00:00 2014

FEATURE

Originally proposed as separate legislation by Kansas Republican Sen. Sam Brownbeck, Conflict Minerals later became a section of the Dodd-Frank Wall Street Reform & Consumer Protection Act and thus under the auspices of U.S. Securities & Exchange Commission. The SEC subsequently developed 356 pages of regulations.

“This is more about your customer than anything else,” consultant tells National Fastener Distributors Association and Pacific West Fastener Association about 3TGs from the Democratic Republic of the Congo. 

Ultimately the law is about “incentives to stop buying from the DRC” and thus cut funding of violence and human abuses in Africa.

For more on fasteners and complying with Conflict Minerals legislation, FIN Subscribers can CLICK HERE.

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