The End of Free Markets: SEC approves Nasdaq’s Racist Plan to Remove Competent White Male Corporate Board Members To Advance Other Races and Trans/Genders
Posted by freedomforall 2 years, 8 months ago to Politics
This marks the end of any pretense that there is any free market whatsoever in the US.
Excerpt:
"The Securities and Exchange Commission on Friday approved new Nasdaq rules that will require companies that list shares on its exchanges to meet certain race and gender targets.
The announcement by Wall Street’s top regulator marks the end of a monthslong debate at the SEC on whether to approve novel changes at one of the globe’s largest market exchange operators.
The rules will ensure company boards meet gender and racial diversity requirements or force firms to explain in writing why they have failed to do so.
Nasdaq’s goal for most U.S. companies is to have at least one woman director in addition to another board member who self-identifies as a member of a racial minority or the LGBTQ community."
Excerpt:
"The Securities and Exchange Commission on Friday approved new Nasdaq rules that will require companies that list shares on its exchanges to meet certain race and gender targets.
The announcement by Wall Street’s top regulator marks the end of a monthslong debate at the SEC on whether to approve novel changes at one of the globe’s largest market exchange operators.
The rules will ensure company boards meet gender and racial diversity requirements or force firms to explain in writing why they have failed to do so.
Nasdaq’s goal for most U.S. companies is to have at least one woman director in addition to another board member who self-identifies as a member of a racial minority or the LGBTQ community."
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- 2Posted by $ 25n56il4 2 years, 8 months agoIf this one woman and one racial minority had anything to offer, they would have already been on these various boards! I don't subscribe to the theory of a 'token woman or racial identity'. Too many times I have been the 'only woman' and it had nothing to do with my sex! I did however leave a lasting impression.| Mark as read | Best of... | Permalink
