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Diversity boost in the boardroom: Nasdaq proposes new rules to spark increased board diversity for listed companies | Eversheds Sutherland (US) LLP

# Companies would be required to provide this disclosure in their proxy statement or information statement for their annual shareholder meeting, or on their website. If the company chooses to disclose the information on its website, the company must also include a URL link to the disclosure through the Nasdaq Listing Center no later than 15 calendar days after the company’s annual shareholder meeting. Notably, the proposed diversity disclosure requirement is limited only to the boards of dire...
United States Smaller Reporting Company Eversheds Sutherland Investment Company Smaller Reporting Companies Exchange Commission

Nasdaq Proposes Board Diversity Disclosure Rules - Corporate/Commercial Law

To print this article, all you need is to be registered or login on Mondaq.com. On December 1, 2020, Nasdaq proposed new listing rules related to board diversity. The proposal was the culmination of Nasdaqs assessment of a number of factors, including: its engagement with organizational leaders in the business, investor, governance, regulatory and civil rights communities, who expressed overwhelming support for the diversification of boardrooms; its review of academic re...
United States Arnold Porter Kaye Listing Center Nasdaq Listing Center Smaller Reporting Company Smaller Reporting Companies
Source: mondaq.com

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