President Donald Trump is planning to issue an executive order targeting a controversial Dodd-Frank rule that requires companies to disclose whether their products contain "conflict minerals" from a war-torn part of Africa, according to sources familiar with the administration's thinking. Reuters could not learn the precise timing of when the order will be issued, or exactly what it will say. The conflict minerals rule is one of several disclosure regulations that was tucked into Dodd-Frank that are unrelated to the financial crisis itself. A second Dodd-Frank SEC disclosure rule that required oil, gas and mining companies to disclose payments to foreign governments, meanwhile, was repealed by the Republican-controlled Congress last week. SEC can scale back ruleThe SEC cannot permanently repeal the rule without a law passed by Congress.

Source: CBC News February 08, 2017 18:11 UTC