News & Analysis as of

Rulemaking Process Minorities

Latham & Watkins LLP

Barr Speech on the Basel Endgame: Many Comments Unaddressed

Latham & Watkins LLP on

In February 2024, we issued a report on the public comments received on the proposal of the Board of Governors of the Federal Reserve System (Federal Reserve), the Office of the Comptroller of the Currency (OCC), and the...more

Jones Day

SEC Approves New Board Diversity Disclosure Requirements for Nasdaq-Listed Companies

Jones Day on

The Board Diversity Proposal generally requires each Nasdaq-listed company "to have, or explain why it does not have, at least two members of its board of directors who are Diverse," defined as at least one director who...more

Wyrick Robbins Yates & Ponton LLP

Client Alert: SEC Approves Nasdaq Board Diversity Listing Rules

On August 6, 2021, the U.S. Securities and Exchange Commission (the “SEC”) approved Nasdaq Stock Market (“Nasdaq”) board diversity listing rules. These rules, which Nasdaq initially proposed in December 2020 and then revised...more

McDermott Will & Emery

SEC Approves New Nasdaq Board Diversity Disclosure Rules

McDermott Will & Emery on

On August 6, 2021, the US Securities and Exchange Commission (SEC) approved a Nasdaq rule change that requires its listed companies to have diverse boards or explain why they do not. Subject to certain issuer exemptions and...more

WilmerHale

SEC Approves Nasdaq’s Board Diversity Rule

WilmerHale on

On Friday, the SEC approved Nasdaq listing rules related to board diversity. The new Board Diversity Rule establishes diversity objectives for different classes of Nasdaq-listed companies and related disclosure requirements....more

Fenwick & West LLP

SEC Adopts Nasdaq Rules on Board Diversity

Fenwick & West LLP on

On August 6, 2021, the U.S. Securities and Exchange Commission approved new listing rules regarding board diversity and disclosure, described in our prior Client Alert. The new rules will require a Nasdaq-listed company to...more

Dorsey & Whitney LLP

It’s Really Time to Talk Diversity in D and O Questionnaires (with Updated Sample Question and Summary of Nasdaq’s Proposed Rules)

Dorsey & Whitney LLP on

On December 1, 2020, Nasdaq submitted a proposal to the SEC seeking approval of new listing requirements for board diversity. The stated goal of the proposal is to provide stakeholders with a better understanding of a...more

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