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OnDemand Course

Getting on Board: U.S. Legal Requirements for Board of Director Diversity

Ensure you understand and comply with corporate diversity obligations.

Today's world is more diverse than ever. While the U.S. workforce may reflect these changing demographics, corporate leadership has been slower to adapt, and state legislators and national regulators have taken notice -- and action. From mandatory quotas to mandatory disclosures, companies of all sizes and all industries now face a nuanced landscape of board of director diversity requirements. This presentation will tackle the complexities of corporate diversity in three parts. First, attendees will examine the impact of diversity in the boardroom, both from the perspective of directors as well as researchers. Second, this presentation will provide an overview of the relevant laws and regulations governing director diversity across the U.S., including laws in California, New York, Illinois, and Washington, as well as relevant SEC, Nasdaq, and NYSE rules. Finally, after comparing director diversity statistics before and after the enactment of relevant laws and rules, this presentation will survey potential new sources of future diversity regulation. This topic is critical for companies that desire to ensure they understand and comply with their corporate diversity obligations.

Learning Objectives

  • You will be able to recognize the impact of diversity in the boardroom.
  • You will be able to identify state legislative efforts to increase corporate board of director diversity.
  • You will be able to identify regulatory bodies' and global efforts to increase corporate board of director diversity.
  • You will be able to recognize where we are now and where we might go in terms of board of director diversity.

65 minutes
Course Exam
Certificate of Completion
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Why Lorman?

Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Agenda

The Impact of Diversity in the Boardroom

  • From Directors' Point of View
  • From the Research

Where We Started: Corporate Board of Director Diversity Before 2019 - a Review of Relevant Statistics

State Legislative Efforts to Increase Corporate Board of Director Diversity

  • Option 1: Mandatory Diversity Quotas
  • Option 2: Mandatory Diversity Disclosures
  • Option 3: Non-Binding Resolutions Encouraging Diversity

Regulatory Bodies' Efforts to Increase Corporate Board of Director Diversity

  • Securities and Exchange Commission
  • New York Stock Exchange
  • Nasdaq

Where We Are and Where We Might Go

  • Where We Are - a Review of Relevant Statistics Regarding Current Corporate Board of Director Diversity
  • Where We Might Go - an Overview of Other Sources of Corporate Diversity Requirements
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Why Lorman?

Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Credits

OnDemand Course

This course was last revised on January 11, 2023.

Call 1-866-352-9540 for further credit information.

  • HR Certification Institute 1.0
     
  • This E-Learning program has been approved for 1.0 (General) recertification credit hours toward aPHR(TM), aPHRi(TM), PHR®, PHRca®, SPHR®, GPHR®, PHRi(TM) and SPHRi(TM)recertification through HR Certification Institute® (HRCI®). For more information about certification or recertification, please visit the HR Certification Institute website at www.hrci.org.
     
  • SHRM 1.0
     
  • Lorman Education Services is recognized by SHRM to offer Professional Development Credits (PDCs) for the SHRM-CPSM or SHRM-SCPSM. This program is valid for 1.0 PDC(s) for the SHRM-CP or SHRM-SCP.
     
  • CPE/NASBA - QAS Self Study 1.8 including Business Law 1.8
     
  • Lorman Education Services is registered with the National Association of State Boards of Accountancy (NASBA) as a QAS Self Study sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its web site: www.nasbaregistry.org. For more information regarding administrative policies such as complaint and refund, please contact our offices at 866-352-9539. CPE Credit: Maximum Credit Hours: 1.8 each session (based on a 50 minute credit hour). You must attend at least 50 minutes to obtain credit. Field of Study: Business Law for 1.8 hours. Prerequisite: . Level of Knowledge: Intermediate. Teaching Method: Seminar/Lecture. Advance Preparation: None. Delivery Method: QAS Self Study. Please refer to the information in this advertisement for outline, course content and objectives. Upon completion of this course, you will receive a certificate of attendance. Final approval of a course for CPE credit belongs with each state's regulatory board.
     

To earn each credit Lorman offers through the OnDemand learning platform, you need to watch 100% of the program. Also, for certain credits you will need to fulfill additional requirements which will be displayed on the "credits" tab when viewing the course.

  • Those applying for AIA and HRCI must view 100% of the program and answer the questions following the program.
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Why Lorman?

Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Faculty

Susan Gross Sholinsky

Susan Gross Sholinsky

Epstein Becker & Green, P.C.

  • Holds multiple leadership positions within the national law firm of Epstein Becker Green, P.C., including as a member of the Firm’s Board of Directors, as Chair of the Employment, Labor & Workforce Management Steering Committee, and as Vice Chair of the Firm’s Diversity and Professional Development Committee. Susan also serves on the Executive Committee of the Firm’s Women’s Initiative.
  • Serves as New York Co-Chair of 50/50 Women on Boards: Global Conversation on Board Diversity.
  • Serves as a member of the Board of Trustees of the Dalton School.
  • Serves on the Advisory Committee of a New York-Based Private Retail Company.
  • Adjunct Faculty Member at the Cornell University School of Industrial and Labor Relations and speaker at multiple DEI and employment law conferences and events, including The DEI Summit: Diversity Officers & HR Taking Charge, The Deloitte Academy, and Innovation@Work US Virtual Event, hosted by The Economist.
  • Named to Chambers USA: The World’s Leading Lawyers for Business, New York – Labor & Employment (2022-2023), as well as The Legal 500 United States, Workplace and Employment Counseling (2019-2022).
  • Recognized as one of 2020’s Responsible 100 by City & State New York, an award bestowed upon private-sector leaders whose work makes life better in communities in New York City and across the state.
  • Counsels employers nationally on a variety of employment law matters to help them anticipate issues, ensure compliance, and avoid problems under federal, state, and local laws.
  • Can be contacted at [email protected] or (212) 351-4789.
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Why Lorman?

Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

All of your training, right here at Lorman

All of your training, right here at Lorman.

Pay once and get a full year of unlimited training in any format, any time!

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Product ID: 410240
Published 2023
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