We've learned that the Securities and Exchange Commission, or SEC, after stalling for over a year, intends to release weak conflict minerals regulations essentially written by the U.S. Chamber of Commerce and National Association of Manufacturers.
Raise Hope for Congo activists are not letting them off the hook that easily.
Yesterday, Enough's Raise Hope for Congo campaign invited activists to call SEC Commissioners Walter and Paredes and demand that the SEC stand up for human rights by issuing strong regulations under Section 1502 of the Dodd-Frank Wall Street Reform Act. Activists around the country have been making the calls and reporting back. One activist from Boston who called Commissioner Walter's office told us, "I just called and talked with someone who said she had been taking calls all day. I told her my concern about the conflict minerals rules and urged that the SEC move ahead as quickly as possible with strong reporting rules."
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