SEC chief warns that a new rule demanding more diversity disclosure is on its way for US companies.
Disclosure of boardroom diversity in the US needs to be improved, according to the head of the country’s financial watchdog.
Securities and Exchange Commission chairman, Mary Jo White, said: “Our overall challenge is to refocus the lens of disclosure to better serve today’s investors.”
White was speaking at a conference of the International Corporate Governance Network in San Francisco.
During the course of her speech she addressed three main issues, among them board diversity and sustainability reporting.
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