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Nasdaq’s “Board Diversity” FAQs: 45 & Growing

By Allison Handy on August 25, 2021
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A few weeks ago, I blogged about 5 things you should know about Nasdaq’s new board diversity disclosure requirement. There were a number of interpretive questions that immediately came to mind – and Nasdaq’s Staff has been great about quickly posting a set of FAQs that it adds to on a regular basis.

To access the FAQs, go to this page – and then select “Board Diversity Disclosure” under “Category.” You’ll then see a long laundry list of interpretations – each with their own unique “Identification Number.”

There already are 45 interpretations – some that apply only in limited circumstances. We are working on a lengthy article to cover these new rules – and we’ll highlight some of the FAQs that have broader applicability in that (as well as in this blog when that article is out).

Photo of Allison Handy Allison Handy

Allison Handy is the firmwide co-chair of the Corporate & Securities practice. Her extensive experience includes advising public and private companies in connection with corporate governance practices, disclosure issues, and capital markets transactions, such as equity offerings, debt offerings and tender offers. She…

Allison Handy is the firmwide co-chair of the Corporate & Securities practice. Her extensive experience includes advising public and private companies in connection with corporate governance practices, disclosure issues, and capital markets transactions, such as equity offerings, debt offerings and tender offers. She is also a leader of the firm’s Environmental, Social, and Governance advisory team.

Allison provides counsel to companies on a broad range of issues faced by management and directors in connection with the many compliance aspects of securities laws, including governance rules adopted by the Securities and Exchange Commission (SEC) and stock exchanges. She advises boards and committees in matters related to internal investigations and the efforts of shareholder activists, and works closely with in-house counsel, financial personnel, and outside auditors and advisors to help her clients prepare proxy statements and other reports to investors that meet complex disclosure obligations.

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  • Posted in:
    Corporate Governance and Compliance
  • Blog:
    Public Chatter
  • Organization:
    Perkins Coie LLP
  • Article: View Original Source

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