Red States Back Call To Overturn Nasdaq Diversity Rule

By Katryna Perera (April 18, 2024, 5:22 PM EDT) -- Utah and 23 other Republican-led states have filed an amicus brief asking the full Fifth Circuit to vacate a Nasdaq board diversity rule and declare it unconstitutional, saying the U.S. Securities and Exchange Commission, which approved the rule, is "affirmatively perpetuating" race-based discrimination instead of eliminating it....

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