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US House of Representatives passes amendment to Dodd-Frank Act

Post By: Jonathan Paxton on Monday, 11 July 2016

On 7th July 2016, the US House of Representatives passed amendment 1254 to Dodd Frank which confirms that no funds appropriated in relation to the Act can be used to enforce the SEC Rule relating to 'conflict minerals'.
In commenting on the amendment, the Enough Project, said: "The conflict minerals provision in Dodd-Frank has spurred major progress in starting rule of law in Congo's minerals sector and helping make the majority of tin, tantalum, and tungsten mines conflict-free. Before the...

US Republicans propose repeal of conflict minerals act

Post By: Jonathan Paxton on Friday, 01 July 2016

Republicans on the House Financial Services Committee have proposed a full repeal of the US's conflict minerals reporting rules through discussion of the Financial CHOICE Act, released last week. CHOICE stands for Creating Hope and Opportunity for Investors, Consumers and Entrepreneurs and is the Republican plan to replace what they see as the failed Dodd-Frank Act and promote economic growth. The 'conflict mineral' section of Dodd Frank is said to 'impose a number of overly burdensome disclosure requirements ......

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