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What actions will other regulatory bodies take on diversity rules by end of 2025?
2
Resolution / Starting Odds
Implement similar rules • 25%
Rescind existing rules • 25%
No changes • 25%
Other actions • 25%
Announcements from regulatory bodies and legal news outlets
Story
5th Circuit Strikes Down Nasdaq Board Diversity Rule in 9-8 Vote
Dec 12, 2024, 01:34 AM
A federal appeals court has struck down Nasdaq's board diversity rule, which required companies listed on the exchange to have at least one woman, person of color, or LGBTQ member on their boards or explain why they do not. The decision, made by the 5th Circuit Court of Appeals in a 9-8 en banc vote, marks a significant setback for Nasdaq's yearslong push to promote diversity and inclusion in corporate governance. The rule, aimed at increasing representation of women and minorities on corporate boards, faced criticism and legal challenges, ultimately leading to its rejection. This also represents a broader DEI setback.
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National Association for the Advancement of Colored People (NAACP) • 25%
American Civil Liberties Union (ACLU) • 25%
Other • 25%
Human Rights Campaign • 25%
Department of Labor • 25%
Other • 25%
Equal Employment Opportunity Commission • 25%
Department of Justice • 25%
Microsoft • 25%
Other • 25%
Apple • 25%
Amazon • 25%
Other • 25%
Technology • 25%
Finance • 25%
Healthcare • 25%
Consumer Goods • 25%