SEC-backed Nasdaq rule on diversity faces court challenge ...Middle East

An organization formed by conservative legal activist Edward Blum is asking a federal court to overturn the Securities and Exchange Commission’s approval of a Nasdaq Inc. rule that requires companies listed on its exchange to meet certain board diversity goals or explain why they don’t. Blum has previously backed legal challenges to affirmative action policies in university admissions […] The post SEC-backed Nasdaq rule on diversity faces court challenge appeared first on Roll Call.

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