Nasdaq Urged to Widen Diversity Rules by Disability Activists

Activists are pushing Nasdaq Inc. to expand its proposed board-diversity rules to include people with disabilities.

The exchange operator’s planned regulations are currently too narrow and should be amended, Disability:IN and the American Association of People with Disabilities said in comment letters submitted jointly to the U.S. Securities and Exchange Commission.

Nasdaq’s proposal, subject to a public-comment period and SEC approval, would require most companies listed on the exchange to have at least one director who identifies as female and one who identifies as an underrepresented minority or LGBTQ.

“Including disability diversity in the corporate boardroom would mark a major ...