A federal appeals court on Wednesday ruled that Nasdaq could not impose rules requiring companies listed on the exchange to have
The New Orleans-based 5th US Circuit Court of Appeals on a 9-8 vote sided with two conservative advocacy groups in finding that the rules approved by the Securities and Exchange Commission ran afoul of federal securities law. Nasdaq sought to impose rules requiring companies listed on the exchange to have women and minority directors on their boards. CEO Adena Friedman, above.Those rules were challenged by the National Center for Public Policy Research, a conservative think tank, and Alliance for Fair Board Recruitment, a group founded by
A three-judge panel of the 5th Circuit comprised entirely of appointees of Democratic presidents in October 2023 upheld the SEC’s 2021 decision to approveUnitedHealth, rival shares tumble as lawmakers push to break up drug middlemenBut the full conservative-majority court opted to reconsider the matter.
Donald Trump Jr., Bettina Anderson seen kissing, holding hands for her birthday celebration in Palm Beach: source