SEC Greenlights Stock Exchange’s Race, Gender, LGBTQ+ Diversity Mandate For Corporate Boards

Companies listed on Nasdaq’s stock exchange will have to comply with new diversity mandates for their top leadership.

In December, Nasdaq filed a proposal with the Securities and Exchange Commission to create new listing rules that would “require all companies listed on Nasdaq’s U.S. exchange to publicly disclose consistent, transparent diversity statistics regarding their board of directors.”