The SEC authorized a resolution made by Nasdaq in December, which calls for transparency on the board of directors and at least two members of socially smaller groups.
NASDAQ: More diversity on the boards of listed companies (Daniel Barry/Getty Images)
a Diversity There should be an increase for at least listed people on the boards of companies Nasdaq. that’s because The U.S. Securities and Exchange Commission approved a proposal by a stock exchange operator to offer a number of advisories to listed companies or explain why they don’t.
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“These rules will allow investors to gain a better understanding of the Nasdaq listed companies’ board diversity approach,” SEC Chairman Gary Gensler said in a statement.
In practice, there is anotherDemands that companies have two separate directors, one who identifies himself as female and the other as a socially minority group, such as LGBTI+ or black. Companies must also publicly disclose the diversity of their boards.
The offer, submitted by Nasdaq in December, is now valid for Brazil and other foreign companies as well. In this case, the rule calls for two members of socially smaller groups, no matter who they are.
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Henry Lawson is a contributor at Sproutwired.com, covering a wide range of topics including news, politics, business, technology, sport, entertainment and lifestyle. He focuses on delivering clear, accurate and reader-friendly reporting that helps audiences stay informed about current affairs and important developments. With an emphasis on useful information and balanced coverage, Henry aims to highlight stories that matter most to readers, providing context and insight in a straightforward and accessible way.
