SEC approves Nasdaq’s board diversity rule changes
New rules requiring Nasdaq-listed companies to have at least two diverse board members, or explain why not, have been approved by the US Securities and Exchange Commission (SEC).
Rule 5605(f) will require Nasdaq-listed firms to have at least two diverse directors, including one woman director and one underrepresented minority – including African American, Hispanic, Asian, Native American, Native Hawaiian, or Pacific Islander – or as LGBTQ+.
Continue reading International Employment Lawyer
Already have access? Login now
Need access? Find out how to enjoy unlimited access