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Suspecting that the minerals and metals trade was funding conflict in eastern Democratic Republic of Congo, the US Securities and Exchange Commission adopted Section 1502 of the Dodd Frank Act last August, requiring US-listed companies operating in the region to carry out checks on their supply chain for commodities including tin, tantalum, and gold.
This week, five months into the first reporting year of the law, a US House of Representatives’ subcommittee on monetary policy and trade heard ‘for and against’ testimony about the impact of Section 1502 so far.
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