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Frequently Asked Questions
  Can foreign issuers exempt themselves from Nasdaq's Board Diversity Rule under Nasdaq Rule 5615 that exempts foreign private issuers from certain requirements of the 5600 Series of Listing Rules?
Identification Number 1829
No. Foreign issuers are required to comply with Nasdaq's Board Diversity Rule.  However, they have some additional flexibility in that foreign Issuers may satisfy the minimum diversity objective by including two female directors, or by including a female director and 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 use an alternative Board Diversity Matrix template found here to annually disclose board-level diversity statistics.  
Publication Date*: 4/27/2022 Mailto Link Identification Number: 1829
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