Form SD (SEC Form 0697) Specialized Disclosure Report

What Is Form SD (SEC Form 0697)?

This is a legal form that was released by the U.S. Securities and Exchange Commission on January 1, 2014 and used country-wide. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is Form SD?
A: Form SD is a specialized disclosure report that must be filed with the Securities and Exchange Commission (SEC).

Q: What is SEC?
A: SEC stands for the Securities and Exchange Commission, which is a regulatory agency that oversees the securities industry in the United States.

Q: Who needs to file Form SD?
A: Companies that manufacture or contract to manufacture products that contain conflict minerals and are required to file reports under the Exchange Act must file Form SD.

Q: What are conflict minerals?
A: Conflict minerals refers to certain minerals, including tantalum, tin, tungsten, and gold, which are mined in conditions of armed conflict and human rights abuses.

Q: Why is Form SD important?
A: Form SD is important as it helps promote responsible sourcing of conflict minerals and increases transparency for investors and consumers.

Q: What information is required in Form SD?
A: Form SD requires companies to disclose their due diligence measures, country of origin of the conflict minerals, and a description of their products affected by the use of conflict minerals.

Q: When is Form SD due?
A: Form SD is generally due by May 31 of each year, for the preceding calendar year.

Q: Are there any penalties for not filing Form SD?
A: Yes, failure to file Form SD may result in enforcement actions and penalties imposed by the SEC.