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SEC Approves Nasdaq s Proposed Rule Changes to Increase Corporate Board Diversity | Cadwalader, Wickersham & Taft LLP
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SEC Approves Nasdaq Board Diversity Rule
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SEC Approves Nasdaq s Proposed Rule Changes To Increase Corporate Board Diversity - Corporate/Commercial Law
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It s not just mandatory climate disclosure that s on the
agenda for Acting SEC Chair Allison Lee. Last week, as reported
by
Reuters, in remarks to a forum for
securities industry professionals, she said that the SEC should think more creatively and broadly about
tackling issues of race and gender diversity, including by
potentially revisiting public companies disclosure
requirements. In the past, Lee has not hesitated to emphasize
her concerns about the absence of prescriptive requirements in
rulemakings that would have more certainly elicited disclosure