Capital Markets & Securities Law Watch
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August 11, 2021
|1 min read
SEC Approves New Nasdaq Board Diversity Requirements
On August 6, 2021, the Securities and Exchange Commission (SEC) approved a Nasdaq proposal to amend its listing rules intended to increase diversity on corporate boards of directors.
December 3, 2020
|2 min read
Nasdaq Proposes to Add Board Diversity Disclosure to Listing Requirements
On December 1, 2020, the Nasdaq Stock Market LLC (Nasdaq) filed a proposal with the Securities and Exchange Commission (SEC) to adopt new listing rules related to board diversity and disclosure.
February 13, 2020
|1 min read
SEC Signs Off on NASDAQ Family Relationship Definition Changes
On February 13, 2020, the SEC approved, on an accelerated basis, the Nasdaq’s proposed rule change amending the definition of “family member” to exclude stepchildren who do not share a director’s home and domestic employees who reside in a director’s home for purposes of determining director independence under Nasdaq Rule 5065(a)(2).