| WASHINGTON, April 29
WASHINGTON, April 29 The U.S. Securities and
Exchange Commission will press ahead with implementing large
portions of a rule requiring companies to determine if their
products contain "conflict minerals" from a war-torn part of
Africa, SEC Chair Mary Jo White said Tuesday.
In testimony to a U.S. House of Representatives panel, White
said a recent appeals court ruling that struck down a provision
in the conflict minerals rule does not justify delaying the rest
of the regulation's requirements.
The court "went out of its way" to uphold the vast majority
of the rule, White told lawmakers, adding that the SEC would
soon issue guidance to help companies before a June 2 compliance
(Reporting by Sarah N. Lynch)