1. Short title This Act may be cited as the Diversity in Corporate Leadership Act of 2019 . 2. Diversity study and disclosures (a) Diversity Advisory Group (1) Establishment The Securities and Exchange Commission shall establish a Diversity Advisory Group (the Advisory Group ), which shall be composed of representatives from the Government, academia, and the private sector. (2) Study and recommendations The Advisory Group shall— (A) carry out a study on strategies to increase gender, racial, and ethnic diversity among the members of the board of directors of issuers