1. Nasdaq's Board Diversity Rule Pits Black People Against LGBTQ People

    Nasdaq's Board Diversity Rule Pits Black People Against LGBTQ People

    We begin with a simple truth. In the United States of America, no diversity policy should stand if, by its terms, African-Americans can be wholly excluded. A second truth: No diversity policy that pits African-Americans against the LGBTQ community should stand. Unfortunately, Nasdaq’s proposed board diversity Rule 5605(f), now being considered by the Securities and Exchange Commission (SEC), subverts both truths. While laudable in intent, the proposed rule is anti-American...

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