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Fifth Circuit Panel Upholds Nasdaq Board Diversity Disclosure Rules

A Fifth Circuit panel recently upheld Nasdaq’s diversity disclosure rules after petitioners challenged them under the First and Fourteenth Amendments and the Administrative Procedure Act (APA). Alliance For Fair Board...more

Despite California Court Ruling, Board Diversity Remains Center Stage

Despite a California superior court’s recent ruling against a 2020 California law (AB 979), the move toward increasing board diversity is alive and well, as proxy advisory firms, institutional investors, Nasdaq and others...more

It’s Official: SEC Approves Nasdaq Board Diversity Proposal - Comply or Explain Why Not

The SEC today approved Nasdaq’s board diversity proposal, which will require each Nasdaq-listed company to publicly disclose information on the voluntary self-identified gender and racial characteristics and LGBTQ+ status of...more

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