Is a company required to submit its audit committee charter to NASDAQ?
No. NASDAQ requires that a company make a one-time certification that it has an audit committee charter that satisfies NASDAQ’s requirements as set forth in Listing Rule 5605(c)(1), but the company need not submit a copy of the charter to NASDAQ. This certification is made when the company applies for listing. The SEC requires a copy of the audit committee charter to be included as an appendix to the proxy statement at least once every three years.
Related Questions
- What notification is required to be given to NASDAQ if a company no longer complies with the audit committee composition requirement of Listing Rule 5605(c)(2)(A)?
- Is a company required to submit its compensation committee charter to NASDAQ?
- Is a company required to submit its nominating committee charter to NASDAQ?
