Search Results for keywords:"board diversity"

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Search Results: keywords:"board diversity"

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  • 2025-01932 — Self-Regulatory Organizations; The Nasdaq Stock Market LLC; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Repeal Nasdaq's Board Diversity Listing Requirement
    Type:Notice
    Citation:90 FR 8554
    Reading Time:about 4 minutes

    The Nasdaq Stock Market LLC has filed a proposed rule change with the Securities and Exchange Commission (SEC) to remove its requirement for board diversity disclosures. This move comes after a federal court overturned the SEC's previous order that had approved these rules. Nasdaq requested that the usual 30-day waiting period be waived so that the change could take effect immediately, in sync with the court's decision on February 4, 2025. The SEC is inviting the public to submit comments on this proposed rule change until February 20, 2025.

    Simple Explanation

    The Nasdaq Stock Market wants to stop telling companies they must have diverse boards, because a court said they don't have to anymore, and they want this change to happen right away. People can tell the SEC what they think about this until February 20, 2025.

  • 2021-01589 — Self-Regulatory Organizations; The Nasdaq Stock Market LLC; Notice of Designation of a Longer Period for Commission Action on a Proposed Rule Change To Adopt Listing Rules Related to Board Diversity
    Type:Notice
    Citation:86 FR 7135
    Reading Time:about 2 minutes

    The Nasdaq Stock Market LLC submitted a proposed rule change to the Securities and Exchange Commission (SEC) seeking to introduce new listing rules focused on board diversity. This proposal was initially shared for public comment in December 2020. By law, the SEC has a specific timeframe in which to evaluate such proposals. Due to the need for more time to assess the rule change and review public comments, the SEC has extended its decision deadline to March 11, 2021.

    Simple Explanation

    Nasdaq wants to make new rules about having different types of people on company boards, like different genders and backgrounds. The people in charge of checking these rules, the SEC, need more time to think about it, so they're waiting until March 11, 2021, before deciding.

  • 2025-01061 — Proposed Collection; Comment Request
    Type:Notice
    Citation:90 FR 5884
    Reading Time:about 9 minutes

    The Federal Housing Finance Agency (FHFA) is inviting public comments on the information collection related to "Minority and Women Inclusion," which aims to promote diversity on the boards of directors of the Federal Home Loan Banks and the Office of Finance. This initiative is part of the requirements set by the Paperwork Reduction Act and FHFA's Minority and Women Inclusion regulations. The FHFA plans to extend the information collection for an additional three years, ensuring that diversity is included at all levels of these organizations. Comments can be submitted through various methods until March 18, 2025.

    Simple Explanation

    The Federal Housing Finance Agency wants to hear what people think about how they try to include more women and minorities in important roles. They're checking if the current rules need to stay for three more years.

  • 2021-01590 — Self-Regulatory Organizations; The Nasdaq Stock Market LLC; Notice of Designation of a Longer Period for Commission Action on a Proposed Rule Change To Offer Certain Listed Companies Access to a Complimentary Board Recruiting Solution To Help Advance Diversity on Company Boards
    Type:Notice
    Citation:86 FR 7148
    Reading Time:about 2 minutes

    The Nasdaq Stock Market LLC submitted a rule change proposal to the Securities and Exchange Commission (SEC) to provide certain listed companies with a free board recruiting service aimed at increasing diversity on company boards. The proposal was initially published for public comment on December 10, 2020. The SEC has extended the time for its decision on this proposal to March 10, 2021, to allow more time for consideration of the proposal and public feedback. This extension was agreed upon by the Nasdaq Stock Market LLC.

    Simple Explanation

    Nasdaq wants to help some of the companies on its list find diverse people to join their boards by giving them free help. The government agency in charge of making sure everything is fair needs more time to think about this idea and has until March 10, 2021, to decide.