Nasdaq’s “Board Diversity” FAQs: 45 & Growing

A few weeks ago, I blogged about 5 things you should know about Nasdaq's new board diversity disclosure requirement. There were a number of interpretive questions that immediately came to mind – and Nasdaq's Staff has been great about quickly posting a set of FAQs that it adds to on a regular basis. To access the FAQs, go to this page – and then select "Board Diversity Disclosure" under "Category." You'll then see a long laundry list of interpretations – each with their own unique "Identification Number." There already are 45 interpretations – some that apply only in limited circumstances. We are working on a lengthy article to cover these new rules – and we'll highlight some of the FAQs that have broader applicability in that (as well as in this blog when that article is out).