On 7 April 2014, the SEC updated its conflict minerals guidance by issuing new compliance and disclosure interpretations. The new compliance and disclosure interpretations address a number of frequently asked questions primarily related to the requirement for issuers to obtain an independent private sector audit of their conflict minerals report filed on Form SD. The independent private sector audit requirement applies to issuers that manufacture products containing tantalum, tin, tungsten or gold sourced from the Democratic Republic of the Congo or adjoining countries, subject to a temporary two-year exemption for products which an issuer is unable to determine are DRC conflict free.
The updated guidance is available at: http://www.sec.gov/divisions/corpfin/guidance/conflictminerals-faq.htm
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