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SEC approves Nasdaq’s plan to require board diversity

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In this Thursday, Aug. 19, 2004 file photo, The price of shares of the Internet search engine giant Google are shown shortly after trading began midday at the NASDAQ marketsite in Times Square in New York. The Securities and Exchange Commission has approved Nasdaq’s groundbreaking proposal to boost the number of women, racial minorities and LGBTQ people on U.S. corporate boards, Friday, Aug. 6, 2021. The new policy requires most of the nearly 3,000 companies listed on Nasdaq to have at least one woman on their board of directors, along with one person from a racial minority or who identifies as gay, lesbian, bisexual, transgender or queer. (KATHY WILLENS/AP)

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