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FILE - In this March 16, 2020 file photo, a United States flag is reflected in the window of the Nasdaq studio, which displays indices and stocks down, in Times Square, New York. Nasdaq is looking to become more diverse, proposing new rules that would require all companies listed on its U.S. exchange to publicly disclose consistent, transparent diversity statistics about their board of directors. The listing rules would also require most Nasdaq-listed companies to have, or explain why they don’t have, at least two diverse directors. (AP Photo/Seth Wenig, File)

Nasdaq seeks mandatory board diversity for listed companies

Dec. 1, 2020 3:26 PM EST

Nasdaq is pushing for the more than 3,000 companies listed on its U.S. stock exchange to make their boardrooms less overwhelmingly male and white by hiring directors that better reflect the country's diverse population. The company filed a proposal Tuesday with the Securities and Exchange Commission that, if...