The share of arbitrators who are women has increased by 6% since 2015, and the share who are Black rose by 4%, according to the Financial Industry Regulatory Authority's just-released Diversity and Inclusion report.
As it stands now, FINRA reported that among its nearly 3,600 employees, diversity "is a driving force behind our ability to fulfill our mission."
To meet the demands of an "ever-changing broker-dealer industry, FINRA must continue to be innovative in our approach to regulating broker-dealers and monitoring the markets," the broker-dealer self-regulator said, including by expanding its recruiting efforts.
