Amici Tell 5th Circuit SEC Approval Of Nasdaq Rule Was Unconstitutional

(April 26, 2024, 9:20 AM EDT) -- NEW ORLEANS — Neary half of the U.S. states comprise one of five groups to submit an amicus curiae brief in the Fifth Circuit U.S. Court of Appeals in support of two petitioners who question whether the Securities and Exchange Commission had the right to approve a rule implemented by Nasdaq Stock Market LLC that requires companies listed on the exchange to publicly disclose information about the race and gender identity of their board members....

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