U.S. Sen. Sherrod Brown (D-OH) -- Chairman of the U.S. Senate Committee on Banking, Housing, and Urban Affairs -- released the following statement after the Securities and Exchange Commission (SEC) approved Nasdaq's proposed rule related to board diversity and disclosure:
"Corporate America must do more to increase diversity in the boardroom," said Brown. "I applaud the SEC and Nasdaq for recognizing the benefits to companies and shareholders of a more inclusive and equitable economy."