SEC Diversity Crisis Looms For Incoming Chairwoman

Law360, New York (March 22, 2013, 7:42 PM EDT) -- A top U.S. Securities and Exchange Commission official on Thursday criticized the agency for lacking racial and gender diversity in its workforce, putting the onus on new Chairwoman Mary Jo White to address what former SEC attorneys call a long-standing stain on the agency.

SEC Commissioner Luis Aguilar said in a statement that the agency may be unfairly excluding qualified minorities and women from staff positions. In 2012, 32 percent of the agency’s workforce and just 13 percent of senior employees were composed of people of...
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