- Business notebook: Cape native goes from farm to mobile-food operation (3/20/17)1
- Three out, including city administrator, at Scott City; two resigned, one fired (3/16/17)1
- Several tournaments already booked at Sportsplex (3/16/17)6
- Legal discrimination complaint, ethics complaint filed in Scott City government (3/22/17)10
- Former Scott City administrator: 'I was forced to resign' (3/21/17)6
- Cairo man pleads guilty to bank murders (3/17/17)1
- Two people found dead in Advance house fire (3/21/17)
- Triplett manslaughter case set for July 2018 (3/21/17)2
- Two local lawmakers back charter school bill; Perryville lawmaker objects to measure (3/19/17)20
- Two Cape men charged with second-degree murder of Grandi (3/21/17)2
NYSE chair says reforms precede board changes
WASHINGTON -- The man who temporarily is leading the embattled New York Stock Exchange insisted Monday that it should be reformed before the makeup of the exchange's board is changed.
John S. Reed, who was meeting with Securities and Exchange Commission Chairman William Donaldson, denied a news report that he was expected to seek the removal of Wall Street chief executives from the board to reduce potential conflicts of interest.
Any alterations in board membership "should follow from the governance changes" in how the NYSE conducts itself, Reed said in his first day on the job.
Reed spoke to reporters before his meeting with Donaldson, who has been pushing for reforms by the exchange.
"I have given no thought to the composition of the board," Reed said.
"He said a report to the contrary "has zero foundation from me."