Court Blocks Nasdaq Diversity Rules Challenging Corporate DEI Efforts
Nasdaq's groundbreaking board diversity rules hit a major roadblock as the U.S. appeals court ruled that it 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.
Appeals court scraps Nasdaq boardroom diversity rules in latest DEI setback
Nasdaq required public companies to have at least one woman, person of color or LGBTQ member on their boards or explain why they do not.
US appeals court rejects Nasdaq’s diversity rules for company boards
An appeals court in Louisiana has ruled that Nasdaq can’t require diversity on the boards of companies that list on the exchange.
Court rules Nasdaq diversity initiative illegal
Opponents of the proposed DEI rule said it amounted to a public shaming of companies. They also faulted the SEC's approval of the measure.
Appeals court overturns Nasdaq’s board diversity requirements
In a significant ruling on Dec. 11, the 5th Circuit Court of Appeals determined that the Securities and Exchange Commission (SEC) lacked
Nasdaq Board Diversity Rules Vacated by the Fifth Circuit
On December 11, 2024, in a 9-8 decision, the United States Court of Appeals for the Fifth Circuit ruled that in approving the Nasdaq Stock
Nasdaq's DEI rules for company boards struck down by US appeals court
A U.S. appeals court has struck down Nasdaq's proposal to mandate diversity on the boards of companies listed on its exchange
DEI setback: Nasdaq board diversity rules struck down by appeals court
Nasdaq's (NASDAQ:NDAQ) boardroom diversity targets for companies listed on the exchange have been struck down by a federal appeals court, which ruled that the Securities and Exchange Commission did not have the authority to approve such listing rules.
DEI backlash reaches Nasdaq as court strikes down diversity rules
A federal appeals court struck down Nasdaq (^IXIC) rules designed to encourage more diverse company boards, the latest defeat for DEI policies across corporate America. The decision handed down by nine judges for the Fifth Circuit Court of Appeals in New Orleans concluded that the Securities and Exchange Commission should not have approved the
Fifth Circuit Overturns Nasdaq’s ‘Show or Tell’ Diversity Policy
Fifth Circuit strikes down Nasdaq’s board diversity disclosure rule.  Nasdaq communicates its acceptance of the court’s decision to listed companies.  Listed companies no longer need to comply with the rule.
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Nasdaq’s DEI requirements for listed companies struck down
A federal appeals court has overturned Nasdaq's initiatives to impose diversity targets on the boards of its listed companies ...
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Appeals Court Overturns Nasdaq Boardroom Diversity Rules In Latest Blow To DEI Efforts
we are interested in learning what policies Nasdaq has in place to ensure its listed companies are following federal and ...
Appeals court overturns Nasdaq requirement for diversity on boards
The U.S. Court of Appeals for the 5th Circuit struck down a Nasdaq rule that sought to promote diversity on corporate boards, ...