UPDATE: More details from SEC are now available.
Our friend Fern Abrams at IPC has reported that this morning,
SEC Chair Mary Jo White told members of the House Financial Services Committee that the agency will continue to implement the conflict minerals rule upheld by the US Court of Appeals… White said SEC staff will release guidance by the end of April on what public companies will be required to report by the May 31 deadline … under parts of the rule that the court upheld.
Thanks to Fern and IPC for providing this update. More news will be forthcoming from a variety of sources without a doubt. We will try to provide updates as we can.