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NAM, Chamber, challenge Dodd-Frank conflict minerals rule

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As Professor Bainbridge and I predicted, there has been an administrative-law challenge to the SEC's burdensome Dodd-Frank conflict minerals rule, adopted on a 3-2 vote without the sort of cost-benefit analysis required by Business Roundtable. The case is National Association of Manufacturers v. SEC, No. 12-1422 (D.C. Cir.). [Compliance Week; law.com/Corporate Counsel]

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