Nasdaq Board Diversity Rules

The Nasdaq Board Diversity Rules are guidelines aimed at increasing diversity within the boards of directors of companies listed on the Nasdaq stock exchange. They require companies to have at least one diverse director, defined as someone who identifies as a woman or from an underrepresented community. In addition, companies must disclose their diversity statistics and explain their efforts to promote diversity. This initiative encourages a broader range of perspectives in leadership, ultimately aiming to enhance decision-making and governance in the corporate sector.