“The Nasdaq’s historic diversity proposal is being called too narrow by activists who say it was a “colossal mistake” to exclude disability from the list, Axios has learned.

Why it matters: The tension highlights a key challenge in the unprecedented push to diversify corporate America’s top decision-makers: There’s no universal rule on what — or how many underrepresented minorities — makes a boardroom inclusive.

What’s going on: Activist groups are lobbying the exchange to include disability as one of the defining factors of a diverse corporate board…”

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