By Aaron Nicodemus2024-12-13T17:55:00
A U.S. Appeals Court overturned a Securities and Exchange Commission (SEC) rule that had required companies listed on the Nasdaq stock exchange to disclose whether their boards had women or minority members–and if not, why not.
The decision, handed down Wednesday by the U.S. Court of Appeals for the Fifth Circuit, said that the SEC and Nasdaq rule was not related to the core purposes of the Securities Exchange Act of 1934.
“The proposal instead represented an attempt by Nasdaq and SEC to use their ‘leverage over market participants’ to remedy a societal challenge that bore no relation to ‘the authority granted them in the Exchange Act,’” the decision said.
2025-02-13T15:11:00Z By Aly McDevitt
Apple, one of the most valuable tech giants on the planet, is pushing back against pressure to stop diversity, equity, and inclusion efforts, saying that “a culture of belonging” remains a core value of the organization.
2024-08-21T19:38:00Z By Aaron Nicodemus
A federal judge struck down the ban on noncompete clauses by the Federal Trade Commission that was set to take effect in September.
2024-06-28T19:55:00Z By Aaron Nicodemus
The Supreme Court of the United States overturned a long-held precedent in which courts deferred to federal agencies in interpreting complex or ambiguous regulations–a decision that could make thousands of federal regulations more vulnerable to legal challenges.
2025-09-15T16:47:00Z By Ruth Prickett
You can already buy a coffee with your phone, but soon you could start a job or buy a house with it. Digital compliance wallets holding certificates and documents on smartphones are gaining traction worldwide.
2025-09-10T23:26:00Z By Ruth Prickett
Delays to the U.K.’s Audit Reform and Corporate Governance Bill and creation of the ARGA regulator have sparked criticism. On Sept. 8, 66 MPs sent a letter to the Prime Minister urging reforms be returned to the Parliamentary agenda.
2025-09-08T05:00:00Z By Oscar Gonzalez
The FTC officially withdrew its appeal in a federal court case over its ban on employer noncompete clauses that it passed last year. The agency, however, says it wants public input regarding the effects of employer noncompete agreements.
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