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Nasdaq Orders all Companies to Fire Straight White Males or ELSE
US stock exchange Nasdaq has warned listed companies they must appoint at least two “diverse” directors to their board – a ‘self-identified’ female and an “underrepresented minority” or LGBTQ person – or possibly face delisting.
Nasdaq revealed its plan to turbocharge diversity on its exchange in a proposal filed with the Securities and Exchange Commission (SEC) on Tuesday.
Under the...