Statement in compliance with Texas Rules of Professional Conduct. Unless otherwise noted, attorneys are not certified by the Texas Board of Legal Specialization, nor can NLR attest to the accuracy ...
Last week, Nasdaq filed a proposed rules change with the Securities and Exchange Commission to remove the board diversity rule from Nasdaq's Listing Rules. As we previously reported, the Nasdaq ...
SEC, held that the approval by the U.S. Securities and Exchange Commission (SEC) of the Nasdaq Board Diversity Rules was arbitrary, capricious, and in contravention of the Securities Exchange Act ...
In August 2021, the SEC approved a Nasdaq proposal for new listing rules regarding board diversity and disclosure. The new listing rules adopted a “comply or explain” mandate for board ...
Statement in compliance with Texas Rules of Professional Conduct. Unless otherwise noted, attorneys are not certified by the Texas Board of Legal Specialization, nor can NLR attest to the accuracy ...
On December 11, 2024, the US Court of Appeals for the Fifth Circuit ruled that the Securities and Exchange Commission (SEC) lacked statutory authority to approve Nasdaq’s board diversity rules.
U.S. Court of Appeals for the Fifth Circuit Vacates SEC’s Approval of Nasdaq’s Board Diversity Rules
In December 2020, Nasdaq proposed the following rules and sought SEC approval: Rule 5606: “Board Diversity Disclosure” Companies must disclose statistical information on a uniform matrix ...
US appeals court tosses Nasdaq board diversity rules Legalcategory· December 12, 2024 Short interest on the Nasdaq dipped 0.8% in late November, the exchange said on Tuesday. Nasdaq short ...
REUTERS NCPPR, for example, was a co-plaintiff in a December appeals court ruling that struck down the Nasdaq’s board diversity rules. In 2021, the SEC had approved two Nasdaq rules that set ...
President Donald Trump said Palestinians in Gaza would not have a right to return under his plan for U.S. “ownership” of the ...
Recently, in a 9-8 decision, the U.S. Court of Appeals for the Fifth Circuit vacated Nasdaq Stock Market’s board diversity rules, which had required Nasdaq-listed companies to (i) publicly ...
President Donald Trump said Palestinians in Gaza would not have a right to return under his plan for U.S. “ownership” of the ...
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