Dodd-Frank Act Cuts Conflict Minerals Profits

CNBC reported the Dodd-Frank Act has cut profits from the sale of conflict minerals to armed groups in the Democratic Republic of Congo.

As quoted in the market news:

The 2010 Dodd-Frank financial reform law requires companies to disclose whether they use tantalum, tin, gold or tungsten from the Democratic Republic of the Congo. The U.S. Securities and Exchange Commission (SEC) is due to vote on August 22 on long-delayed guidelines needed to enforce the conflict minerals law.

Click here to read the full CNBC report.