Date: December 20, 2013
Issue: Regulatory Reform
To: Securites and Exchange Commission
Filing Type: Regulatory
Description: CMC, along with the Chamber’s Labor, Immigration, and Employee Benefits Division submitted comments to the SEC regarding the proposed interagency policy statement establishing joint standards for assessing the diversity policies and practices of regulated entities. The Chamber strongly supports a diverse workforce and encourages the use of employer policies and practices which increase opportunities for protected classes and minorities in all workplaces, including the financial sector. However, the Chamber has concerns relating to how the policy is being implemented through regulations or agency guidance material.