Stock market giant Nasdaq is pushing new “diversity” rules to try and force American corporations to add women to their boards, but these rules also elevate transgender “women” over real women.

Even as Nasdaq claims to be engaged in a woke efforts to force leftist ideals on the business community, the stock board is also pushing radical transgenderism.

In its press release, Nasdaq said that it had “filed a proposal with the U.S. Securities and Exchange Commission (SEC) to adopt new listing rules related to board diversity and disclosure.”

But the Nasdaq plan is a bait and switch on real women by pushing transgenderism.

Per Breitbart News:

The rules would require the companies to “publicly disclose consistent, transparent diversity statistics regarding their board of directors” and require the Nasdaq-listed companies to have “at least two diverse directors” or provide an explanation as to why they do not. Criteria for a “diverse” director includes hiring an individual “who self-identifies as either an underrepresented minority or LGBTQ” and another who “self-identifies as female.” There is no mention of hiring a biological female, meaning the role could, hypothetically, go to a transgender woman — a biological male who merely identifies as a woman — and still meet the diversity requirement:

NASDAQ bows to trans lobby and erases women – proposed diversity requirement for listed companies to include "females," defined as one "who self-identifies her gender as a woman, without regard to the individual’s designated sex at birth." https://t.co/sKc6jwLmJZ

— Mary Rice Hasson (@maryricehasson) December 1, 2020

Leftist women may think Nasdaq is on their side. But their bow to transgenderism makes the lie to their claim to be trying to help women.

Follow Warner Todd Huston on Facebook at: facebook.com/Warner.Todd.Huston.

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