#Nasdaq’s diversity rule rankles Republican states

#Nasdaq’s diversity rule rankles Republican states

“#Nasdaq’s diversity rule rankles Republican states” A group of Republican-led states slammed Nasdaq’s implementation of a diversity disclosure rule for corporate boards this week, arguing in a court filing that the requirement is illegal and unconstitutional. The states outlined their position in a legal brief supporting a lawsuit in the Fifth Circuit Court of Appeals,…

Read More
#Gary Gensler’s overregulation would sink ‘meme’ markets

#Gary Gensler’s overregulation would sink ‘meme’ markets

“#Gary Gensler’s overregulation would sink ‘meme’ markets” BEVERLY HILLS, Calif. — Gary Gensler and his Democratic colleagues on the Securities and Exchange Commission will try to sell their long-awaited report on the “meme stock” trading frenzy as a clarion call for more regulation. But if you remove the report’s propaganda, it shows that our markets…

Read More
#SEC votes to revive 2015 executive compensation clawback rule

#SEC votes to revive 2015 executive compensation clawback rule

“#SEC votes to revive 2015 executive compensation clawback rule” The Securities and Exchange Commission on Thursday voted to revive a rule, left unfinished since 2015, that would expand the regulator’s powers to clawback executives’ compensation when a company had to restate its financials due to a compliance lapse. The SEC said it would seek a further round…

Read More