SEC Approves Nasdaq’s New Board Diversity Requirements

Written by Nimish Patel On August 6, 2021 the U.S. Securities and Exchange Commission (SEC) formally approved Nasdaq’s proposed board diversity listing rules. Key Takeaways The new rules will require companies listed on Nasdaq’s U.S. exchange to annually disclose self-identified board demographic data. Most companies will be required to have at least two diverse directors or explain why they do not. There will be a … Continue reading SEC Approves Nasdaq’s New Board Diversity Requirements