On April 18th, the SEC released the annual report of its Office of Minority and Women Inclusion, responsible for the agency's "diversity in management, employment, and business activities." According to the report, in FY 2011 the SEC paid contractors $228 million. Of this amount, $38.38 million (16.8%) went to minority-owned businesses and $15.69 million (6.9%) to women-owned businesses, representing an increase in both categories over the two prior periods. At the end of FY 2011, the SEC reported 3,826 employees, including 1,204 minority employees (31.5%) and 1,839 female employees (48.1%). The report was required by section 342 of the Dodd-Frank Act. Special Study.