SEC Push for Investment Firm Diversity Info Gets Few Takers

An SEC campaign to better understand the diversity, equity and inclusion policies and practices of about 1,300 investment advisers, brokers and other firms through voluntary self-assessments garnered only 58 responses last year, according to an agency report released Tuesday.

That reply rate translates to about 4.5%, though it may be higher if a firm responded on behalf of other firms it controls. The Securities and Exchange Commission’s Office of Minority and Women Inclusion didn’t identify any of the firms or indicate if they were responding for others in the report, which gave an overview of the unit’s work last ...