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SEC votes 3-2 to finalize controversial 'conflict mineral' rules

by Reuters
Wednesday, 22 August 2012 17:08 GMT

WASHINGTON, Aug 22 (Reuters) - The Securities and Exchange Commission voted 3-2 on Wednesday to finalize a controversial rule that requires manufacturers to disclose to investors whether their products contain certain minerals from the war-torn Democratic Republic of the Congo.

   The commission's two Republican commissioners voted against the rule and said it fell outside the agency's mission of investor protection.

(Reporting by Aruna Viswanatha; Editing by Jeffrey Benkoe)

Our Standards: The Thomson Reuters Trust Principles.


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