Nasdaq Responds to ISS' 2019 Benchmark Policy Survey
Publication Date: August 12, 2019 

In its response to the 2019 Institutional Shareholder Services Inc. (ISS) Benchmark Policy Survey, Nasdaq reiterated many points from its "Blueprint to Revitalize Capital Markets." Nasdaq expressed its continued support for companies with fully transparent differential class structures and reiterated its concerns about conflicts of interest at proxy advisory firms.  Nasdaq also urged ISS to avoid “one-size-fits-all” approaches in developing its policies, particularly with respect to board gender diversity and director overboarding.