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SEC Urges 5th Circ. To Deny Appeal In Nasdaq Diversity Case

By Jessica Corso (December 19, 2023, 9:04 PM EST) -- The U.S. Securities and Exchange Commission is pushing back on a request that the full Fifth Circuit decide the fate of a Nasdaq Stock Market rule requiring corporations to disclose board diversity data, arguing that conservative groups opposed to the rule cannot point to any court rulings in their favor and that the case presents no questions of "exceptional importance" that demand a circuit court review. ...

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