Nasdaq quotation on illuminated boards in Times Square. Photot: spatuletail/Shutterstock.com What In-House Leaders Should Know About Nasdaq's Proposed Board Diversity Rules
"The game changer is that if the SEC approves this it will be the first time we've seen a step away from disclosure only to a mandate regarding diversity," said Victoria Westerhaus, a Bryan Cave partner who serves as outside general counsel to several Nasdaq-listed companies.
December 02, 2020 at 01:18 PM
3 minute read
As Nasdaq moves to expose corporations that lack diverse boards of directors and enact new rules to increase director diversity, executives and legal department leaders for thousands of companies throughout the United States are considering their ability to comply with the various requirements of the proposal.
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