Biden Administration Approves Rule Forcing Companies To Hire Minority, LGBTQ+ Executives And Publicly Disclose Diversity
The top U.S. financial regulatory agency approved a rule that forces publicly-traded companies to reveal the diversity of their executive boardroom to investors.
The Securities and Exchange Commission (SEC) voted in favor of the rule, which will apply to all companies traded on the Nasdaq stock exchange, according to the text of the approval released Friday. The rule, first proposed by Nasdaq in December, will also require companies to hire at least one female director and one either minority or LGBTQ+ director to their boards.(Because that's not discrimination based on race/sex, right?)
Companies may be delisted from the exchange if they fail to comply with the new diversity requirements within four years. Several major corporations including Apple, Google, Amazon, Tesla, JPMorgan Chase, Johnson & Johnson, Disney, Nike and Walmart are traded on the Nasdaq.
“These rules will allow investors to gain a better understanding of Nasdaq-listed companies’ approach to board diversity, while ensuring that those companies have the flexibility to make decisions that best serve their shareholders,” Biden-appointed SEC Chairman Gary Gensler said in a statement after the vote...
...Commissioners Elad Roisman and Hester Peirce, voted against the proposal. While they both affirmed the importance of diversity, they argued that part of the rule was illegal and that the commission hadn’t properly evaluated the proposal.
“The objectives and disclosure requirements imposed by the Board Diversity Proposal encourage discrimination and effectively compel speech by both individuals and issuers in a way that offends protected Constitutional interests,” Peirce wrote in her stinging rebuke of the proposal. (Yep! Should be fairly obvious) ...
It's bigotry for white guys to form a company and succeed ... even though minorities, LBGT, women, religious minorities, and everyone else has the same opportunity to found a company and succeed.
It's not bigotry to force successful companies to hire specific races, sexes, or fuck-preferences tho.
Postby Hanarchy Montanarchy » Sun Aug 08, 2021 10:49 am
Just have an existing board member come out as a trans-woman by offering them extra pay. Cover all yer bases - plus you can claim to be helping close the wage gap for extra points.
Easy-peasy.
HAIL!
Her needs America so they won't just take his shit away like in some pussy non gun totting countries can happen.
-Hwen
Just have an existing board member come out as a trans-woman by offering them extra pay. Cover all yer bases - plus you can claim to be helping close the wage gap for extra points.
Biden Administration Approves Rule Forcing Companies To Hire Minority, LGBTQ+ Executives And Publicly Disclose Diversity
The top U.S. financial regulatory agency approved a rule that forces publicly-traded companies to reveal the diversity of their executive boardroom to investors.
The Securities and Exchange Commission (SEC) voted in favor of the rule, which will apply to all companies traded on the Nasdaq stock exchange, according to the text of the approval released Friday. The rule, first proposed by Nasdaq in December, will also require companies to hire at least one female director and one either minority or LGBTQ+ director to their boards.(Because that's not discrimination based on race/sex, right?)
Companies may be delisted from the exchange if they fail to comply with the new diversity requirements within four years. Several major corporations including Apple, Google, Amazon, Tesla, JPMorgan Chase, Johnson & Johnson, Disney, Nike and Walmart are traded on the Nasdaq.
“These rules will allow investors to gain a better understanding of Nasdaq-listed companies’ approach to board diversity, while ensuring that those companies have the flexibility to make decisions that best serve their shareholders,” Biden-appointed SEC Chairman Gary Gensler said in a statement after the vote...
...Commissioners Elad Roisman and Hester Peirce, voted against the proposal. While they both affirmed the importance of diversity, they argued that part of the rule was illegal and that the commission hadn’t properly evaluated the proposal.
“The objectives and disclosure requirements imposed by the Board Diversity Proposal encourage discrimination and effectively compel speech by both individuals and issuers in a way that offends protected Constitutional interests,” Peirce wrote in her stinging rebuke of the proposal. (Yep! Should be fairly obvious) ...
It's bigotry for white guys to form a company and succeed ... even though minorities, LBGT, women, religious minorities, and everyone else has the same opportunity to found a company and succeed.
It's not bigotry to force successful companies to hire specific races, sexes, or fuck-preferences tho.
Because we're in full-blown clown world now.
Monty approves. What's their globohomo carbon footprint is what the people want to know.
Biden Administration Approves Rule Forcing Companies To Hire Minority, LGBTQ+ Executives And Publicly Disclose Diversity
The top U.S. financial regulatory agency approved a rule that forces publicly-traded companies to reveal the diversity of their executive boardroom to investors.
The Securities and Exchange Commission (SEC) voted in favor of the rule, which will apply to all companies traded on the Nasdaq stock exchange, according to the text of the approval released Friday. The rule, first proposed by Nasdaq in December, will also require companies to hire at least one female director and one either minority or LGBTQ+ director to their boards.(Because that's not discrimination based on race/sex, right?)
Companies may be delisted from the exchange if they fail to comply with the new diversity requirements within four years. Several major corporations including Apple, Google, Amazon, Tesla, JPMorgan Chase, Johnson & Johnson, Disney, Nike and Walmart are traded on the Nasdaq.
“These rules will allow investors to gain a better understanding of Nasdaq-listed companies’ approach to board diversity, while ensuring that those companies have the flexibility to make decisions that best serve their shareholders,” Biden-appointed SEC Chairman Gary Gensler said in a statement after the vote...
...Commissioners Elad Roisman and Hester Peirce, voted against the proposal. While they both affirmed the importance of diversity, they argued that part of the rule was illegal and that the commission hadn’t properly evaluated the proposal.
“The objectives and disclosure requirements imposed by the Board Diversity Proposal encourage discrimination and effectively compel speech by both individuals and issuers in a way that offends protected Constitutional interests,” Peirce wrote in her stinging rebuke of the proposal. (Yep! Should be fairly obvious) ...
It's bigotry for white guys to form a company and succeed ... even though minorities, LBGT, women, religious minorities, and everyone else has the same opportunity to found a company and succeed.
It's not bigotry to force successful companies to hire specific races, sexes, or fuck-preferences tho.
Because we're in full-blown clown world now.
Apply for a high level job, get turned down, then sue for discrimination.
