DRC: Congo Sees Trump Roll-Back of Dodd-Frank Stoking Insecurity

Mar 20, 2017 | Thomas Wilson, Bloomberg
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The Democratic Republic of Congo warned that proposals by the Trump administration to rollback laws on so-called conflict minerals from central Africa risks stoking violence by armed groups in the region. The suspension of Section 1502 of the Dodd-Frank Act “in the long run, will jeopardize the stability and security of the DRC” by encouraging an “escalation in the activities of non-state armed groups,” Mines Minister Martin Kabwelulu said in a letter to the Securities and Exchange Commission dated March 13 and seen by Bloomberg.