Tuesday, December 01, 2020

Nasdaq Seeks Board-Diversity Rule That Most Listed Firms Don’t Meet

Will some adult in the room stop this nonsense! This is unconstitutional and violation of liberty!

I recently reported here (in German language) that Germany just introduced mandatory gender quota for listed company boards! Why would NASDAQ be so foolish to imitate that!

Time for companies to delist from NASDAQ! Are competitors ready to step up!

Such male chivalry is foolish in the battle of the sexes!

"... Nasdaq Inc. aims to require listed companies to include women and people of diverse racial identities or sexual orientation on their boards, a move that could prompt change at hundreds of companies.
The exchange operator filed a proposal with the Securities and Exchange Commission that would require listed companies to have at least one woman on their boards, in addition to a director who is a minority or one who is lesbian, gay, bisexual or transgender. ..."

Nasdaq Seeks Board-Diversity Rule That Most Listed Firms Don’t Meet - WSJ Exchange operator seeks to require companies to have at least one female board member, plus one from an underrepresented minority group

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