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Frequently Asked Questions
  What flexibility is Nasdaq providing to foreign companies in connection with the proposed board diversity and disclosure rule?
Identification Number 1761
Nasdaq proposes to provide Foreign Issuers with additional flexibility with regard to the second Diverse director.  Foreign Issuers could satisfy the second Diverse director objective by including another Female director, or an individual who self-identifies as LGBTQ+ or an underrepresented individual based on national, racial, ethnic, indigenous, cultural, religious or linguistic identity in the country where the Foreign Issuer’s principal executive offices are located. Foreign Issuers may also elect to satisfy the board composition disclosure requirement through an alternative disclosure matrix template. View examples of acceptable (i.e., same or substantially similar) and unacceptable (i.e., substantially different) disclosures here.
Publication Date*: 4/14/2021 Mailto Link Identification Number: 1761
material_search_footer*The Publication Date reflects the date of first inclusion in the Reference Library, which was launched on July 31, 2012, or a subsequent update to the material. Material may have been previously available on a different Nasdaq web site.
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