Latest Twists in Long and Winding Road to Board Diversity Disclosure | Bryan Cave Leighton Paisner
To embed, copy and paste the code into your website or blog: The House Committee on Financial Services met virtually on April 20, 2021 to consider legislation that, among other things, would require public companies to annually disclose the voluntarily, self-identified gender, race, ethnicity and veteran status of their board directors. The Committee cited a 2017 board diversity survey finding that increased board diversity improves companies’ ability to innovate and enhances overall business performance. In the meantime, the wait continues for an SEC decision on Nasdaq’s proposed “comp...