Nasdaq Rule for Corporate Boards Doesn’t Address Real ‘Diversity’

NLPC Chairman Peter Flaherty has an op-ed on Real Clear Markets critical of Nasdaq’s proposed “diversity” rule for boards of companies listed on the exchange. From the piece: If there is merit in diversifying the composition of America’s corporate boards, it’s highly doubtful that Nasdaq’s imperious, paint-by-numbers approach is the best way to achieve it. […]

NASDAQ ‘Diversity’ Rule Delayed as Gensler SEC Confirmation Advances

Today, the Securities and Exchange Commission (SEC) announced that it was postponing final approval of Nasdaq’s controversial Board “Diversity” rule for at least three more weeks, which coincides with the Senate Banking Committee’s approval yesterday of Biden’s SEC Chairman pick, Gary Gensler, who was described by the Washington Post as a “progressive darling.”  Senator Patrick […]