Dec. 04, 2020
Dear SEC, I object to NASDAQ dictating diversity hiring quotas. Private companies should be allowed to determine who is on their boards. This is none of NASDAQ's business. Even blue California recently voted decidedly against an affirmative action proposition for CA schools and state government. As it is just not fair! The "diversity hires" are only going to add to costs. The first criteria for board membership should not be race or sexual orientation, but competence accompanied by wise experience. Board membership should be based on merit only. I think the companies should sue NASDAQ for their critical race theory pandering, but I bet most are too scared because of the optics of being accused of "racism." But you know NASDAQ is only doing this to virtue signal how "woke" they are. Please stop NASDAQ from enforcing their "wrong-think." Critical race theory is a divisive and unAmerican theory. Americans should be promoting taking responsibility for their own lives with the agency to direct one's own path, versus hand-outs to the underqualified. Why work hard if you can be given something for free? KW