(Photo by Spencer Platt/Getty Images)

Bloomberg BNA: Investors With $3.75 Trillion Defend Conflict Minerals Rule

A global group of investors managing more than $3.75 trillion in assets is backing a U.S. regulation marked for possible rollback that requires companies to trace their use of minerals from war-torn regions in Africa.

“Conflict minerals disclosure is material to investors,” Boston Common Asset Management, Mercy Investment Services and about 100 other investors and investor groups wrote in a Feb. 17 letter to the Securities and Exchange Commission. The agency is now reconsidering how it implements the rule after its acting chairman questioned its effectiveness.

Read the full article

Back to News page