Court Tosses Nasdaq Diversity Rules For Company Boards

The New Orleans-based 5th U.S. Circuit Court of Appeals on Wednesday ruled that Nasdaq could not impose rules requiring companies listed on the exchange to have women and minority directors on their boards or explain why they do not.

Court Tosses Nasdaq Diversity Rules For Company Boards
The New Orleans-based 5th U.S. Circuit Court of Appeals on Wednesday ruled that Nasdaq could not impose rules requiring companies listed on the exchange to have women and minority directors on their boards or explain why they do not.

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