30 Jan 2025
📉Nasdaq Proposes to Repeal Board Diversity Listing Requirement
Self-Regulatory Organizations; The Nasdaq Stock Market LLC; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Repeal Nasdaq's Board Diversity Listing Requirement
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The proposed rule change to repeal Nasdaq's board diversity listing requirement has significant implications for compliance and regulatory frameworks. Businesses listed on Nasdaq may no longer need to adhere to specific diversity disclosures, affecting governance practices and shareholder expectations.