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.
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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