Valuetainment
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Texas Stock Exchange Plans to Counter NASDAQ’s Diversity Mandates with Pro-Capitalism Approach
Posted
July 8, 2024
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July 8, 2024
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0:50Now PlayingAs NASDAQ imposes mandates requiring companies to include diverse directors, the proposed Texas Stock Exchange aims to offer an alternative that prioritizes pro-capitalism and results-driven policies. With major backers like Ken Griffin from Citadel and BlackRock, despite its ESG and DEI reputation, the Texas Stock Exchange is raising significant funds and gaining traction. This new exchange could reshape the financial landscape, providing companies with a choice between compliance-heavy NASDAQ and a more flexible, business-friendly Texas option.
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