Mr. Biden’s pick for chairman of the Securities and Exchange Commission, Gary Gensler, is expected to push for company disclosure of diversity data. Last year, California passed a law mandating a minimum level gender diversity on corporate boards. Nasdaq is seeking regulatory permission to require diverse boards and related disclosures at companies that list on its exchange, or face expulsion. “Finding qualified diverse directors is not unduly difficult. supporting Nasdaq’s diversity proposal.

Source: New York Times January 23, 2021 12:56 UTC