NASDAQ Diversity Rule Encodes CRT Into Stock Exchange

NASDAQ Diversity Rule Encodes CRT Into Stock Exchange

Nasdaq Diversity Rules Give Investors More Tools in Proxy Fights

From news.bloomberglaw.com
2021-08-10 14:14:45

Excerpt:

The stock exchange’s rules, approved by the SEC last week, aim to push companies to get more serious about not just recruiting qualified directors from underrepresented communities, but also push stragglers to disclose why they’re falling behind.

Under Nasdaq’s rules, companies on the exchange are required to have at least one female board member and at least one who identifies as an underrepresented minority or LGBTQ—or provide statements explaining why they can’t meet the requirements. Companies also must annually disclose the gender and racial composition of their boards, as early as next year’s proxy season for some firms.

Shareholders concerned about diversity will have the data to vote against directors and offer proposals to spur diverse boards. Investors will also be able to scrutinize corporate statements about why they can’t recruit female or minority board directors. Companies will need to publish those statements on their websites or in the proxy materials they send to investors before annual meetings.

 

Read Full Article

Another Judge Stops Military Enforcement of Vaccine Mandate

Following a Texas Judge stopping the prosecution of soldiers for not getting vaccinated, another judge, this one in Florida, has also stopped the prosection of two soldiers that refused to get the vaccine for religious reasons. Military can’t discipline officers for refusing vaccine, Florida judge rules From www.tampabay.com 2022-02-07 18:36:52 Excerpt:    In a stinging […]

Read More

Biden’s SCOTUS Lead is Gitmo Terror Suspect Advocate

It appears the leading candidate for the position of black-woman-SCOTUS, Judge Ketanji Brown Jackson, has your typical far left background, a background that includes open hostility towards the basic institutions of the American republic, like the Bill of Rights.  This judge also has a bonus background nugget in the form of a former client she […]

Read More

Peng Shuai Makes Forced Appearance at Beijing 2022

The virtually disappeared Chinese tennis star Peng Shuai made another awkward forced interview appearance during the Beijing Olympics.  Her appearance is a reminder of a list of well-known Chinese celebrities that have disappeared after crossing the Comminust Party.  None of them are bigger than China’s former version of Elon Musk, Jack Ma, who was last […]

Read More