Publication Date
6-13-2012
Document Type
Article
Organizational Units
Sturm College of Law
Keywords
Dodd-Frank, Wall street, Financial reform, National stock exchange
Abstract
This article considers two little known provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act with potential to have great impact on mulitnational and other businesses listed on US national stock exchanges. Specifically, the article discusses the 'conflicts minerals' provision requiring disclosure by companies of the use of certain minerals sourced from the Democratic Republic of Congo and the provision requiring disclosure of payments made to foreign governments by resource extractors. It describes the requirements of each provision, examines the costs and benefits of each. It also discusses the disclosure philosophy underlying the US securities laws and locates these provisions within that philosophy.
Publication Statement
Copyright held by the authors. User is responsible for all copyright compliance.
Originally published as Celia R. Taylor, New Disclosure Requirements Under the Dodd-Frank Act: A Move Towards Greater Transparency, 9 European Company Law, Kluwer Law International 64 (2012).
Recommended Citation
Celia R. Taylor, New Disclosure Requirements Under the Dodd-Frank Act: A Move Towards Greater Transparency, 9 European Company Law, Kluwer Law International 64 (2012).