General Category > Economy/Business
Nasdaq seeks to require companies to have at least one woman and one minority or gay director
catfish1957:
https://www.washingtonexaminer.com/news/nasdaq-seeks-to-require-companies-to-have-at-least-one-woman-and-one-minority-or-gay-director
<snipit>
Nasdaq on Tuesday moved to require that companies on its exchange include a woman and a person of a minority racial background or sexual orientation on their boards of directors.
“This proposal and partnership gives companies an opportunity to make progress toward increasing representation of women, underrepresented minorities and the LGBTQ+ community on their boards,†said Nelson Griggs, president of Nasdaq Stock Exchange, in announcing the proposal.
Listed companies would have to include “one who self-identifies as female and one who self-identifies as either an underrepresented minority or LGBTQ+,†according to the company’s press release.
This rule would not apply to foreign companies or smaller reporting companies, but they would have to include at least two female directors.
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Disgusting utter SJW mandated affirmative action bullshit. I am so pissed, I can't see straight. I wish companies would rebel.... But i know better.
DB:
The best and brightest no more...
catfish1957:
--- Quote from: DB on December 01, 2020, 05:46:27 pm ---The best and brightest no more...
--- End quote ---
And think... I am sure there are a few on the NASDAQ 500 that are pretty tiny that are high flying, thinking that someones going to have to draw the small straw and falsely come out of the closet. :silly:
Coming up next? Watch for crazy envirowhacko intitiatives to be able to keep your NASDAQ spot.
Knox27:
Stupid rule. Nothing wrong with encouraging underrepresented groups to go for the brass ring, or bring attention to the underrepresentation, but this is the type of thing that turns a noble idea into a harmful ideal.
mountaineer:
Ancient history which seems to offend NASDAQ:
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