S. 374

Introduced

Improving Corporate Governance Through Diversity Act of 2021

Introduced 2/23/2021•117th Congress•Senate

Congress.gov

Latest Action

Committee on Banking, Housing, and Urban Affairs. Hearings held.

9/15/2022 • Senate

Summary

Improving Corporate Governance Through Diversity Act of 2021

This bill requires certain issuers of securities to disclose the racial, ethnic, and gender composition of their boards of directors and executive officers, as well as the status of any of those directors and officers as a veteran. It also requires the disclosure of any plan to promote racial, ethnic, and gender diversity among these groups.

The Securities and Exchange Commission must establish a Diversity Advisory Group to report on strategies to increase gender, racial, and ethnic diversity among board members.

Introduced in Senate • 2/23/2021

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Topics & Subjects

Policy Area: Finance and Financial Sector

Advisory bodiesBusiness recordsCongressional oversightCorporate finance and managementEmployment discrimination and employee rightsGovernment information and archivesGovernment studies and investigationsMinority employmentRacial and ethnic relationsSecuritiesSex, gender, sexual orientation discriminationVeterans' education, employment, rehabilitationWomen in businessWomen's employment