Democrats Renew Push to Expand Corporate Diversity Disclosures
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Congressional Democrats want publicly traded companies to divulge more demographic information about their boards and senior ranks.
A bill reintroduced Tuesday by New Jersey Senator Bob Menendez aims to boost Securities and Exchange Commission disclosure rules by extending reporting requirements on race, ethnicity, gender and veteran-status of directors and senior leadership. The push comes after Nasdaq Inc. proposed requiring more diversity on company boards.