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Federal financial regulators extend comment period for proposed policy statement on assessing diversity policies and practices of regulated entities

Board of Governors of the Federal Reserve System
Consumer Financial Protection Bureau
Federal Deposit Insurance Corporation
National Credit Union Administration
Office of the Comptroller of the Currency
Securities and Exchange Commission

For immediate release

December 19, 2013

Federal Financial Regulators Extend Comment Period for Proposed Policy Statement on Assessing Diversity Policies and Practices of Regulated Entities

Six federal financial regulatory agencies announced today that they are extending the comment period for their proposed policy statement for assessing diversity policies and practices of the institutions they regulate to allow the public more time to analyze the issues and prepare their comments.

Commenters now have until February 7, 2014, to provide feedback on the proposed policy statement. Originally, comments were due December 24, 2013.

The proposed policy statement, issued pursuant to section 342 of the Dodd-Frank Wall Street Reform and Consumer Protection Act, is intended to promote transparency and awareness of diversity policies and practices within federally regulated financial institutions.

The agencies that issued the proposal are the Federal Reserve Board, the Consumer Financial Protection Bureau, the Federal Deposit Insurance Corporation, the National Credit Union Administration, the Office of the Comptroller of the Currency, and the Securities and Exchange Commission.

Attachment (37 KB PDF)

Comments on this proposal: Submit | View

Media Contacts:
Federal Reserve Board Barbara Hagenbaugh 202-452-2955
CFBP Michelle Muth Person 202-435-7857
FDIC David Barr 202-898-6992
NCUA John Fairbanks 703-518-6336
OCC Stephanie Collins 202-649-6870
SEC Office of Public Affairs 202-551-4120