The Securities and Exchange Commission’s Office of Minority and Women Inclusion introduced on Thursday a Diversity Assessment Report for Entities Regulated by the SEC, which is designed to help SEC-regulated entities conduct self-assessments of their diversity policies and practices.

The Diversity Assessment Report complements the Interagency Policy Statement Establishing Joint Standards for Assessing the Diversity Policies and Practices of Entities Regulated by the Agencies issued by the SEC and five other federal financial regulatory agencies on June 10, 2015.

The Diversity Assessment Report also provides these entities with a template for submitting information about their self-assessments to OMWI.

The Joint Standards encourage regulated entities to publish information related to their self-assessments on their websites.

“This is an important step in our efforts to understand the diversity and inclusion efforts of our regulated entities, as well as promote transparency and awareness in this area,” said Pamela Gibbs, director of the Office of Minority and Women Inclusion.

While use of the Joint Standards as well as conducting self-assessments and providing diversity assessment information to OMWI voluntary, the SEC said it may use the information from entities’ self-assessments to identify which policies and practices reflected in the Joint Standards have been adopted by SEC-regulated entities and to highlight diversity policies and practices that have been successful.

OMWI has published a set of Frequently Asked Questions on its webpage to provide more information about the Joint Standards and the Diversity Assessment Report.