The Conflict Minerals Act is under attack and we need your help!
Take a look around your house. Your cell phone, computer, camera and so many other things contain what is know as "conflict minerals." In 2010, Dodd-Frank Act Wall Street Reform Act became law. Section 1502, also know as the Conflict Minerals Act, was established to break the link between minerals and mass atrocities in the Democratic Republic of Congo (DRC.) The idea is that if there was a transparent supply chain, mineral wealth would stop going to armed groups and help bring peace to the Eastern DRC, where the majority of the minerals are mined.
We must not allow corporate lobbyists to dictate the future for the Congolese people. Here are two ways that you can help try to continue to keep money from the conflict minerals trade out of the hands of armed groups.
1. It is rumored that President Trump might sign a new executive order that would suspend Section 1502 of the Dodd-Frank Act. This would mean the end of the Conflict Minerals Act. The Guardian reported on this February 8.
Call the White House at 202-456-1414 and tell President Trump that he must not sign any memorandum suspending Section 1502 of Dodd-Frank.
Visit Jewish World Watch's website for a more detailed action on making a call.
2. The Securities and Exchange Commission (SEC) is currently soliciting public comments with regard to Section 1502, with the presumed intention of undoing the Conflict Minerals Act in the near future. Submitting a comment will help build a public record in favor and against the rule. There is considerable industry pressure to tank the rule, and this is our opportunity as individual citizens to make our sentiments known. Please submit your comment ASAP! You have until March 17 but it's important to have a public record of comments if and when President Trump sign's an Executive Action.
Remember, anyone can submit a comment and we don't want the comments to be overwhelmingly in favor of doing away with Section 1502. USE YOUR VOICE!
Here are some tips to help you with submitting a comment.
1. Enough Project has a great resource that can help explain the details of the issue and the impact of the rule on the ground in DRC:
2. Try to make a point of emphasizing that it's important to you as a consumer that companies from whom you purchase be able to indicate if any materials used to create their product are sourced from conflict mines.3. The most amazing Amanda Ulrich who is responsible for Portland becoming a Conflict Free City has already submitted her comment. While hers is pretty technical and lengthy, you may find it helpful and inspiring. She has said that you are free to use any of the statistics she used. View it here: https://www.sec.gov/comments/statement-013117/cll2-1565126-131630.htm
Once you've decided what to say, here are the instructions for how to submit a comment:
- Click here: https://www.sec.gov/news/statement/reconsideration-of-conflict-minerals-rule-implementation.html
- In the last paragraph click “Submit Detailed Comments” and a hyperlink will appear. It is in this screen you can compose and submit your comment. Allow one day for the comment to be posted.
- Once you're done, email us if you have time and let us know how it went!
Thanks from the Never Again Coalition team