A federal appeals court on Wednesday ruled that Nasdaq ... rules were challenged by the National Center for Public Policy Research, a conservative think tank, and Alliance for Fair Board ...
A federal appeals court blocked Nasdaq rules to increase boardroom diversity, saying that the ... and Alliance for Fair Board Recruitment, a group founded by anti-affirmative action activist ...
In what will likely mark the final outcome, the U.S. Court of Appeals for the Fifth Circuit, sitting en banc, struck down the Nasdaq Stock Market’s diversity-disclosure framework on Dec. 11, 2024.
On December 11, 2024, the U.S. Court of Appeals for the Fifth Circuit, in a 9-8 en banc decision, vacated the approval of Nasdaq's board diversity rules by the Securities and Exchange Commission ...
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Consider the curious case of the bone-headed “Nasdaq diversity rules” — edicts by the stock market giant to force every company that “lists” there to choose a board of directors that ...
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Katten's Financial Markets and Funds Quick Take is a monthly newsletter highlighting key noteworthy developments potentially affecting ...
Despite efforts to identify suitable candidates, the process is ongoing and the company is committed to meeting the Hong Kong Listing Rules on board diversity. Shareholders can expect a board ...
Nasdaq explained that information about board diversity was important to investors, and a rule to encourage companies to increase board diversity would improve corporate governance, influence ...