Possible source of new influx of companies using TS in advertisements is only to hold on to their Nasdaq membership?
New Rule 5605(f): Diverse Board Representation
New Rule 5605(f) generally requires companies listed on Nasdaq’s U.S. exchange to have at least two diverse directors, including:
-One self-identified woman director
-One director who self-identifies as an underrepresented minority (defined below) or as LGBTQ+
Just a hunch.
#VincentKennedy what do you think?
https://corpgov.law.harvar...
New Rule 5605(f): Diverse Board Representation
New Rule 5605(f) generally requires companies listed on Nasdaq’s U.S. exchange to have at least two diverse directors, including:
-One self-identified woman director
-One director who self-identifies as an underrepresented minority (defined below) or as LGBTQ+
Just a hunch.
#VincentKennedy what do you think?
https://corpgov.law.harvar...
SEC Adopts Nasdaq Rules on Board Diversity
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 have at least two diverse directors (including at least one woman and at leas..
https://corpgov.law.harvard.edu/2021/08/19/sec-adopts-nasdaq-rules-on-board-diversity/
01:50 PM - Apr 10, 2023
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