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Section 342 of the Dodd-Frank Act

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Six Regulatory Agencies Issue Joint Final Diversity and Inclusion Standards

Posted on June 17, 2015
Posted in CFPB, Dodd-Frank Compliance

Six Regulatory Agencies Issue Joint Final Diversity and Inclusion Standards

Section 342 of the Dodd-Frank Act required all agencies subject to Dodd-Frank, including the Bureau of Consumer Financial Protection (CFPB), to create an Office of Minority and Women Inclusion (OMWI) to develop standards to assess the diversity and inclusion efforts of entities subject to regulation by these agencies. On June 10, 2015, the CFPB joined…

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