2013 SEC OFFICE OF MINORITY AND WOMEN INCLUSION per Dodd Frank Sectiopn 342 (e)


2013 SEC OFFICE OF MINORITY AND WOMEN INCLUSION per Dodd Frank Sectiopn 342 (e)

http://www.sec.gov/news/studies/2013/omwi-annualreport-2013.pdf

As required by Section 342 of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010

3, the Office of Minority and Women Inclusion (OMWI) is responsible for

all matters related to diversity in management, employment and business activities at the SEC. The SEC established its OMWI office in July 2011

4 and began the hiring process for a permanent OMWI Director soon thereafter. The permanent OMWI Director, selected in December 2011, officially joined the agency in January 2012.

The OMWI Director is responsible for developing standards for equal employment opportunity and diversity of the workforce and senior management of the SEC, the increased participation of minority-owned and women-owned businesses (MWOBs)

5 in the SEC’s programs and contracts, and assessing the diversity policies and practices of entities regulated by the SEC.6 The OMWI Director is also required to advise the Commission on the impact of the SEC’s policies and regulations on MWOBs.7

As required by Section 342(e), OMWI must submit an annual report to Congress that includes the following:

 

• a statement of the total amounts paid to contractors during the reporting period;

 

• the percentage of the amounts paid to contractors that were paid to minority-owned and women-owned businesses;

 

• the successes achieved and challenges faced by the agency in operating minority and women outreach programs;

 

• the challenges the agency may face in hiring qualified minority and women employees and contracting with qualified minority-owned and women-owned businesses; and,

 

• any other information, findings, conclusions, and recommendations for legislative or agency action, as the OMWI Director determines appropriate.

8

Unless otherwise noted, this annual report covers Section 342-related activities at the SEC for the fiscal year ended September 30, 2012.

 

 

About carlarweir
I am a Cross Asset FIX Connectivity SME working for international banks. i also sit on the FIX Protocol Ltd Global Steering Committee, and am Co-Chair of the Global Cross Asset Committee. I also have a very strong background in Mobile Telephony, Cloud computing, SaaS, IaaS, PaaS, Big Data, innovation, and am a pioneer in Pseudolite technology.

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