The U.S. Securities and Exchange Commission (SEC) has extended until March 2, 2011 the comment period on its proposed rules to implement provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act dealing with new reporting obligations regarding use of conflict minerals originating in the Democratic Republic of the Congo and adjoining countries, mine safety, and payments to government entities in connection with the commercial development of oil, natural gas or minerals.* The SEC originally requested that comments be received by January 31, 2011, but believed granting the 30-day extension would provide the public additional time to consider thoroughly the matters addressed in the proposed rules and to submit comprehensive responses that would benefit the SEC in its consideration of final rules.

To review the original Update of December 23, 2010, click here.