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Best Practices and Resources

These best practices, developed by SIFMA's D&I Committee, are designed to complement existing strategies and initiatives at your firm. The Resource Library provides information on D&I developments in the industry.

Best Practices

D&I Best Practices Recruiting and Retention Guide (coming soon)
D&I Best Practices Checklist (coming soon)

Resource Library

Legislative and Regulatory Developments: Diversity in Financial Services
A Timeline

	July 2010: The Dodd-Frank Act is signed into law, including Section 342, which created Offices of Minority and Women Inclusion (OMWIs) within the financial regulators to improve the diversity performances of the agencies as well as to assess the policies and practices of regulated entities.
	October 2013: OCC, Fed, FDIC, NCUA, CFPB and SEC publish proposed standards for assessing the diversity practices of entities regulated by each agency. December 2013: SIFMA submits comments to the regulatory agencies supporting the standards and recommending enhancements, including consolidated group assessments instead of reporting to each agency separately.
	July 2014: SIFMA submits comments requesting greater coordination and uniformity among the various agencies in establishing standards under Section 342.
	June 2015: OCC, Fed, FDIC, NCUA and SEC publish the final joint standards for assessing the diversity policies and practices of entities regulated by the agencies.