SEC Sued for Approving Nasdaq’s “Racist, Sexist” Board Diversity Rules
Washington, D.C. – The National Center for Public Policy Research has filed a lawsuit against the U.S. Securities & Exchange Commission (SEC) over the SEC’s approval of the Nasdaq Stock Market’s board diversity rules, which require Nasdaq-listed companies to either establish board of director quotas on the basis of race, sex and sexual orientation, or explain why they have not done so. Q3 2021 hedge fund letters, conferences and more The SEC Lacks The Authority To Establish Board Diversity RulesThe National Center, represented by the New Civil Liberties Alliance (NCLA), argues that the SEC lac...