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SEC Finally Posts Nasdaq's Proposed Amendments To Diversity Rule

SEC Finally Posts Nasdaq's Proposed Amendments To Diversity Rule
Thursday, March 11, 2021

Late last month, Nasdaq filed modifications and clarifications to its proposed board diversity listing rule.  After reading Nasdaq's  announcement, I searched in vain for the proposal on the SEC's Self-Regulatory Organization webpage.  Yesterday, I emailed the SEC to ask if the modifications had been posted.  Although I have yet to receive a reply, the SEC posted Nasdaq's proposal today.  I am not claiming cum hoc ergo propter hoc or even post hoc ergo propter hoc.   The SEC's sudden, but belated, posting of Nasdaq's proposal is likely to be entirely unrelated to my inquiry.  Indeed, "Felix qui potuit rerum cognoscere causas!"  Virgil, Georgics 2:490.

Comments on the Nasdaq's proposed rule are due 21 days after publication in the Federal Register.

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