Fifth Circuit Court of Appeals Upholds Nasdaq Board Diversity Disclosure Rule – What it Means for Corporate Boards

nasdaq board diversity disclosure

​​In August of 2021, it was announced that the U.S. Securities and Exchange Commission (SEC) approved a proposed Nasdaq rule to encourage board diversity in the companies that use the platform for trading. Though criteria are not difficult to meet, Nasdaq and the SEC have faced backlash regarding this new rule, including the recent effort…

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