Conflict Minerals: Apple, Intel Carry on as SEC Relaxes Conflict Minerals Scrutiny

Apr 13, 2017 | Andrea Vittorio, Securities Law Daily
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Relaxed regulatory scrutiny won’t stop companies like Apple Inc. and Intel Corp. from reporting as usual next month about efforts to keep minerals that fund conflict in Africa from ending up in computer chips, jewelry and other products. Companies still face supply chain pressure from consumers, investors and each other, even though those that only provide basic disclosures on where they think the minerals in their products come from won’t get in trouble with the Securities and Exchange Commission. Detailed disclosures on “extensive and costly” due diligence are now essentially considered optional in the eyes of the commission’s acting chair.