US appeals court rejects Nasdaq's diversity rules for company boards

[u/ShivasRightFoot]

https://apnews.com/article/nasdaq-sec-dei-diversity-board-a3b8803a646a62aeb2733bbd4603e670

[u/reaper527]

good. these rules literally violate the fiduciary duty of these companies to act in the best interests of the shareholders.

board members should be picked on merit, not what DEI checkboxes that they can tick.