The Nasdaq will ask its listed companies to have gender diversity on their boards of directors.

The US stock regulator (SEC) has accepted the proposal of the Nasdaq stock exchange operator, whereby it will force companies listed on its indices to have gender-inclusive boards of directors, or explain why they don’t.

Thus, Nasdaq will force listed companies to have at least one woman and one member of the LGTBQ + collective or, failing that, to argue why they do not, in a controversial movement to promote gender diversity within decision-making bodies of companies.

In addition, companies will be obliged to make public the diversity that exists on their board, so that investors can know it.

Some groups of people with disabilities have pushed for this factor to also be included in the new Nasdaq requirements, but it was finally rejected, although corporations will be able to specify it when publishing the information of their meetings.

Nasdaq Inc. operates three exchanges in the US: the Nasdaq itself, and the Philadelphia and Boston exchanges, as well as seven exchanges in Europe.

The Nasdaq will ask its listed companies to have gender diversity on their boards of directors.

The US stock regulator (SEC) has accepted the proposal of the Nasdaq stock exchange operator, whereby it will force companies listed on its indices to have gender-inclusive boards of directors, or explain why they don’t.

Thus, Nasdaq will force listed companies to have at least one woman and one member of the LGTBQ + collective or, failing that, to argue why they do not, in a controversial movement to promote gender diversity within decision-making bodies of companies.

In addition, companies will be obliged to make public the diversity that exists on their board, so that investors can know it.

Some groups of people with disabilities have pushed for this factor to also be included in the new Nasdaq requirements, but it was finally rejected, although corporations will be able to specify it when publishing the information of their meetings.

Nasdaq Inc. operates three exchanges in the US: the Nasdaq itself, and the Philadelphia and Boston exchanges, as well as seven exchanges in Europe.

By Sam Brad

The Great Writer and The Passionate Poet As Well, He Graduated from University Of Florida in Journalism and Brad have around 12 years of experience in news and media section.

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