Myth Busting: The Truth About the Cardin-Lugar Anti-Corruption Provision
The Cardin-Lugar provision is a landmark piece of bipartisan legislation, but a great deal of misinformation has been spread about the provision.
Defend the Cardin-Lugar anti-corruption provision
The groundbreaking anti-corruption law, the Cardin-Lugar provision of the Dodd Frank Act, is currently under threat of repeal. This law allows citizens in resource rich countries to ‘follow the money’ and hold their governments accountable for graft, waste and abuse.
Cardin-Lugar Provision Fact Sheet – 2018
In 2010, in an effort to empower citizens, better protect and inform investors, reverse the resource curse, and strengthen U.S. national and energy security, Senator Patrick Leahy (D-VT) introduced the Cardin-Lugar Amendment to the Dodd-Frank Act of 2010 (Section 1504). The Securities and Exchange Commission released strong, fair final rules in June 2016. The June 2016 rule was repealed through…