The fair lending laws have been on the books for decades but are being given more scrutiny in recent months, consistent with societal sensitivity to matters of racial justice, national origin/immigration, sexual orientation, and gender identity, among others. There also has been enhanced scrutiny in the world of corporate governance, with corporations implementing Diversity, Equity, and Inclusion departments and employing Environmental, Social, and Governance programs. In fact, to be listed on the Nasdaq exchange, US issuers must disclose that they have at least one director who is a racial minority and one female or one member of the LGBTQ community, or explain why they do not. (NASDAQ Rule 5605(f)). Continue reading >