House Financial Services Committee Chair Maxine Waters and Senate Banking Committee Chair Sherrod Brown called on the SEC "to require the disclosure of standardized data of race, ethnicity, gender, sexual orientation, and disability status."
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The U.S. House Committee on Financial Services marked up and passed bills on special purpose acquisition companies, broker-dealer and investment adviser mandatory arbitration clauses in customer agreements, and hiring practices.
The U.S. House Financial Services Committee considered legislation to expand and reinforce the SEC's authority to pursue its "mission [] to (1) protect investors; (2) maintain fair, orderly, and efficient markets; and (3) facilitate capital formation."
In testimony before the U.S. Senate Banking Committee, SEC Chair Gary Gensler weighed in on market structure, predictive data analytics, issuers and issuer disclosure, and funds and investment management.
The House Financial Services Committee considered measures to increase diversity in regulated institutions.