Woke Nasdaq threatens 75% of listed companies with order to appoint women & LGBT or other 'diverse' directors to board
Posted by freedomforall 3 years, 3 months ago to Business
As usual, actual ability, performance, or experience is not relevant to the woke.
Might as well just put Hunter Biden on all the boards.
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Nasdaq (Nasdaq: NDAQ) today filed a proposal with the U.S. Securities and Exchange Commission (SEC) to adopt new listing rules related to board diversity and disclosure. If approved by the SEC, the new listing rules would require all companies listed on Nasdaq’s U.S. exchange to publicly disclose consistent, transparent diversity statistics regarding their board of directors. Additionally, the rules would require most Nasdaq-listed companies to have, or explain why they do not have, at least two diverse directors, including one who self-identifies as female and one who self-identifies as either an underrepresented minority1 or LGBTQ+.
Might as well just put Hunter Biden on all the boards.
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Nasdaq (Nasdaq: NDAQ) today filed a proposal with the U.S. Securities and Exchange Commission (SEC) to adopt new listing rules related to board diversity and disclosure. If approved by the SEC, the new listing rules would require all companies listed on Nasdaq’s U.S. exchange to publicly disclose consistent, transparent diversity statistics regarding their board of directors. Additionally, the rules would require most Nasdaq-listed companies to have, or explain why they do not have, at least two diverse directors, including one who self-identifies as female and one who self-identifies as either an underrepresented minority1 or LGBTQ+.
anyone.
Shakes head. Hard to believe this crap.
SUMMARY: We may not be in charge of all these crazy new rules, but we can adapt to use them to our advantage. You gotta out crazy the LEFT.
Of course the other thing that never gets mentioned is the incredibly incestuous relationship most Boards have in the first place. Many Board members aren't hired for their savvy in the first place, but their political connections. This just cements that unwritten rule as a written one.
This is the China model of capitalism...be ready to fork over all your property.
I will try to post a vid by GB on the subject if I can get the Video of Glenn's Wednesday Special.
I think there is a trail subscription that's free...but there is still a whole lot on the GB.com site: https://www.glennbeck.com/theblaze-tv...
If this were demonstrably true, then why would profit-maximizing companies not already doing this? BTW can one homosexual XX-chromosome surplus melanin person satisfy the quota requirement?
Plenty of exceptions, but the principle is the same. You no longer control your own company. Your property is not your property. Pull matters. Merit doesn't.