The Securities and Exchange Commission (SEC), as expected, has approved Nasdaq's recent proposal to remove the board diversity rule from its Listing Rules. As we previously reported, the Nasdaq board ...
As we previously posted, the U.S. Court of Appeals for the Fifth Circuit vacated the SEC’s approval of Nasdaq’s board diversity disclosure rules last month, after which Nasdaq indicated that it did ...
Whether the proposal offers a carrot or stick, I suppose, is in the eye of the beholder. New York State Comptroller Thomas DiNapoli gave it a thumbs up, as did New York City Comptroller Scott Stringer ...
In August 2021, the SEC approved a Nasdaq proposal for new listing rules regarding board diversity and disclosure. The new listing rules adopted a “comply or explain” mandate for board diversity for ...