March 2020
Distribution 4,065
#EachforEqual
KeyBanc Capital Markets
STA WIF Co-Chair


In case you missed all of the recent social media posts showing photos of individuals, both women and men, with their arms out in a parallel pose, yesterday was International Women’s Day. Or, maybe you saw the posts but you weren’t sure what they meant. Celebrated annually on March 8, International Women’s Day (IWD) is a united movement for women across the globe to come together in hope and action, dedicated to celebrating women’s achievements in social, economic, cultural and political spheres.

The theme for IWD 2020 is I am Generation Equality: Realizing Women’s Rights , with the idea of “bringing together people of every gender, age, ethnicity, race, religion and country, to drive actions that will create the gender-equal world we all deserve.”

When I think about this year’s IWD theme, I think of previous generations, and I am hopeful.

The IWD 2020 social campaign, #EachforEqual, provides a unified direction to incite continuous collective action, and the campaign runs all year long. International Women’s Day didn’t end yesterday, or last for 24 hours. It just started, with activity around #EachforEqual to be reinforced and amplified across the globe throughout the entire year.

Yes, “women and girls continue to be undervalued; they work more and earn less and have fewer choices; and experience multiple forms of violence at home and in public spaces,” noted in a recent IWD article by UNWomen.org. But I am hopeful. We have a long way to go but we have come so far. This is the generation that pushes us fully forward. The expectations and mindset are different. We've seen firsthand the progress that has been made in the financial services industry over the past two decades. We’ve been fortunate enough to have mentors, and managers who have recognized us for our work. We believe that progress will continue, making it better for the generations to come.

The IWD 2020 social campaign, #EachforEqual , provides a unified direction to incite continuous collective action, and the campaign runs all year long. International Women’s Day didn’t end yesterday, or last for 24 hours. It just started, with activity around #EachforEqual to be reinforced and amplified across the globe throughout the entire year.

So to all of my fellow female colleagues, friends and family members, Happy International Women’s Day.


“In the future, there will be no female leaders. There will just be leaders.”
Sheryl Sandberg, Chief Operating Officer, Facebook  



#IWD2020
#EachforEqual
Continuing Education
             
While registered persons of broker-dealers are subject to continuing education, they are unable to extend that continuing education in order to maintain their qualification following the termination of any of their registrations. To address this issue, the CE Council recommends that FINRA, and the other SROs participating in the CE program, consider rule changes that would enable previously registered individuals to maintain their qualification for their terminated registration categories by participating in an annual continuing education program. Related Article here
Articles of Interest
             
U.S. House Committee on Financial Services Issues Report on Diversity and Inclusion: Holding America's Large Banks Accountable
Read the full report.

Diversity Quotas Aren’t Popular, but California Shows They Work
Bloomberg
Maggie Wilderotter was never a fan of diversity quotas. Wilderotter, who has served on more than 30 boards in her career, has argued quotas can give companies an incentive to hire women who are unqualified or unprepared for the job. But after seeing the effects of a controversial California law mandating a woman on every public company’s board, she has come to realize that the technique can make a difference.

SEC Makes Another Push to Get Diversity Data from Managers
Pensions & Investments
The Securities and Exchange Commission is, again, asking its regulated entities, including money managers, to voluntarily disclose their diversity policies, practices and workforce data. Since its first attempt to collect this data in 2018, the agency has taken additional measures to improve the response rate, which has so far been tepid.

Women Focus on Short-Term Financial Planning, But Fewer than Half are Requesting a Pay Raise
Yahoo Finance
Third-annual study by Laurel Road examining financial literacy shows women lack financial confidence, despite having similar knowledge as men.

International Women's Day 2020: How the Day Began and Why the Fight for Women's Rights is Still Necessary
The Telegraph
International Women’s Day is a worldwide event that celebrates women’s achievements, from the political to the social, while calling for gender equality. But how did the celebratory day begin – and when are women uniting against this year? Here is everything you need to know.
Women in Finance Events

Save the Date!

STANY WIF Annual Breakfast

April 15, 2020
7:30 - 9:00 a.m.
New York Stock Exchange


Featuring

Nancy Lazar , Cofounding Partner
Cornerstone Macro
&
Dr. Laurie Todd-Smith , Director
Women’s Bureau, Department of Labor
STAR Complimentary Conference Registration Packages

STA's Job Re-entry initiative, STAR, is now accepting
applications for  Complimentary Conference Registration Packages
for Spring 2020 STA Affiliate Events.

If you or someone you know is in-between jobs,
learn more and consider applying today.

Deadline to apply is March 13, 2020.
See photos from last year's Women in Finance Symposium
Follow STA WIF on Twitter @STAWomen  ‌