I hope the Karens get sued into oblivion if they do this.
Amen to that.
CA issued a similar ruling a couple of years ago requiring some % of woman on every board of every company.
Absolutely disgusting overreach.
Companies want to be with Nasdaq, most all will comply.
But from how the rule reads, you just need one dude on your board to claim that he is bisexual.
That claim can be bought with $250,000 in stock.
“NASDAQ” didn’t do anything. Individuals with names and home addresses did this. Same thing when we talk about “Facebook”, “Twitter”, etc. It is the evil and destructive enemies of our nation who do these things. They have identities. These should be widely known.
“require listed companies to have at least one woman on their boards, in addition to a director who is a racial minority or one who self-identifies as lesbian, gay, bisexual, transgender or queer.”
Question: can a candidate for director self-identify as a racial minority, or does the designation “racial minority” have to meet objective, scientific purity standards?
Thanks for posting. Too much common sense for the woke crowd though.
That proposal is illegal and unconstitutional.