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Trump Administration Considers Suspension of Conflict Minerals Regulation
February 13, 2017 | IPCEstimated reading time: Less than a minute
The Trump Administration is considering an executive order that would suspend the SEC conflict minerals rule for two years. Under the 2010 Dodd-Frank law, the president has the authority to temporarily suspend or revise the rule for two years if it is in the national security interest of the United States.
An unsourced draft White House memo that cites national security interests, temporarily suspends the federal conflict minerals law for a period of two years. The draft also directs the Secretaries of State and Treasury to:
“Propose to the President a plan for addressing human rights violations and funding of armed groups in the Democratic Republic of the Congo or an adjoining country. The plan could include targeting persons and entities engaged in violations of law and negative human rights impacts, consistent with section 13 of the Exchange Act. The Secretaries shall submit their plan to the President within 180 days of the date of this Order.”
As previously reported on January 31, 2017, Acting Securities and Exchange Commission (SEC) Chairman Michael S. Piwowar directed the SEC staff to consider whether their 2014 guidance is still appropriate and whether any additional relief is appropriate.
Suggested Items
Viscom’s Approach to Inline X-Ray
05/14/2024 | Barry Matties, I-Connect007In this interview, Viscom President Ed Moll and CEO Jesper Lykke discuss the importance of inline X-rays for real-time data and board inspection. They also discuss AI integration, customer inquiries, and ROI considerations. Also, as Ed moves into semi-retirement, he reflects on his long career, recent developments, and the evolving X-ray industry. He shares his insights on career opportunities for emerging engineers in the industry.
Kevin O’Buckley to Lead Foundry Services at Intel
05/14/2024 | Intel CorporationIntel Corporation announced the appointment of Kevin O’Buckley as senior vice president and general manager of Foundry Services, the customer service and ecosystem operations division of Intel Foundry. O’Buckley starts today and becomes a member of Intel’s executive leadership team reporting to CEO Pat Gelsinger.
Shane Whiteside of Summit Reflects on Today's PCB Landscape
05/08/2024 | I-Connect007 Editorial TeamSummit Interconnect began as a printed circuit board manufacturing company just eight years ago and has seen impressive growth organically and through acquisition. Summit President and CEO Shane Whiteside takes a few moments to share his thoughts on the growing PCB industry in the United States.
Coherix Partners with EMU on 'Factory of the Future' Technology Program
05/08/2024 | PRNewswireMichigan-based Coherix is working with Eastern Michigan University (EMU) in Ypsilanti to develop "factory-of-the-future" manufacturing and assembly technology.
IMI Welcomes New CEO
05/03/2024 | IMIIntegrated Micro-Electronics, Inc. (IMI),The IMI Board of Directors announced, in a disclosure dated April 25, 2024, the appointment of Louis Sylvester Hughes, Chief Executive Officer (CEO).