Nasdaq’s diversity rule rankles GOP states
Posted By: AltaD, 1/1/2022 10:45:15 AM
A group of Republican-led states slammed Nasdaq’s implementation of a diversity disclosure rule for corporate boards this week, arguing in a court filing that the requirement is illegal and unconstitutional. The states outlined their position in a legal brief supporting a lawsuit in the Fifth Circuit Court of Appeals, which seeks to block the rule. In the filing, the GOP administrations argued that Nasdaq rule “violates both the Constitution and exceeds the SEC and Nasdaq’s statutory authority.”(Snip)The companies are urged to have at least two diverse directors, including one who self-identifies as female and one who self-identifies as an underrepresented minority or LGBTQ+ — and if not, they must explain why
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Nasdaq’s diversity rule rankles GOP states
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A group of Republican-led states slammed Nasdaq’s implementation of a diversity disclosure rule for corporate boards this week, arguing in a court filing that the requirement is illegal and unconstitutional.
The states outlined their position in a legal brief supporting a lawsuit in the Fifth Circuit Court of Appeals, which seeks to block the rule. In the filing, the GOP administrations argued that Nasdaq rule “violates both the Constitution and exceeds the SEC and Nasdaq’s statutory authority.”(Snip)The companies are urged to have at least two diverse directors, including one who self-identifies as female and one who self-identifies as an underrepresented minority or LGBTQ+ — and if not, they must explain why
Aaron Rodgers is once again speaking out about coronavirus issues, this time blasting those who say the left’s proclamations about science are unassailable.
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Chicago police sergeant under investigation
for allegedly supporting a proposed conservative group 9 replies
for allegedly supporting a proposed conservative group 9 replies
The Chicago Police Department is conducting an internal investigation into a sergeant who voiced her support for the formation of a Turning Point USA chapter at an area high school.
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Companies "urged" and won't face penalties for failing to be woke, for now.