Remember those new NASDAQ Rules on Diversity?

What’s happening? The SEC approved NASDAQs new rules requiring diversity on boards before a company can be listed.

Why is this important? The NASDAQ rules follow the market like Goldman Sachs’s requirement to have at least two diverse directors, including one woman, on boards of companies it helps take public after July 1, 2021

How will this be important? The SEC vote was on a partisan line.

Gibson Dunn | SEC Approves New Nasdaq Board Diversity Rules