News Release 2013-193 | December 19, 2013

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

Joint Release

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

WASHINGTON—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.

Media Contacts

Federal ReserveBarbara Hagenbaugh202-452-2955
CFPBMichelle Muth Person202-435-7857
FDICDavid Barr202-898-6992
NCUAJohn Fairbanks703-518-6336
OCCStephanie Collins202-649-6870
SECOffice of Public Affairs202-551-4120

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