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Board Diversity Rule
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Frequently Asked Questions
  We have a diverse member on our company's advisory board. Does that director count toward having "two diverse directors" for purposes of complying with Nasdaq's Board Diversity Rule?
Identification Number 1770
No.  Rule 5605(f) excludes emeritus directors, retired directors and members of an advisory board.  The diversity requirements of the Rule are only satisfied by diverse directors actually sitting on the board of directors of the company.
Publication Date*: 8/6/2021 Mailto Link Identification Number: 1770
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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