Law360, New York ( April 11, 2017, 1:26 PM EDT) -- Those hoping for updated U.S. Securities and Exchange Commission guidance that would relieve or reduce companies' conflict minerals diligence and disclosure obligations for calendar year 2016 got only a fraction of what they wanted. Last Friday, April 7, 2017, SEC Acting Chairman Michael Piwowar issued a statement that said "it is difficult to conceive of a circumstance that would counsel in favor of enforcing" the requirements that companies file a conflict minerals report or (if required) provide an independent private sector audit (IPSA) relating to its due diligence....
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