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

The SEC, the Board of Governors of the Federal Reserve System ("FRB"), the Consumer Financial Protection Bureau ("CFPB"), the FDIC, the National Credit Union Administration ("NCUA") and the Office of the Comptroller of the Currency ("OCC") have announced an extension of the comment period for the joint proposed policy statement for assessing diversity policies and practices. The comment period is extended until February 7, 2014.

The extension is being provided to allow the public more time to analyze the issues and prepare comments.

See: SEC Press Release; Interagency Policy Statement. See also: Submit a public comment here. Related news: SIFMA Submits Comments Regarding Government Diversity Standards (Dec. 17, 2013); Financial Regulators Propose Joint Standards for Assessing Diversity Policies and Practices of Regulated Entities (October 24, 2013).