- Cape student sues, accuses school officials of slamming her to ground multiple times (04/28/16)46
- Bob Evans restaurant in Cape Girardeau among chain's 21 closings (04/26/16)9
- Missouri House votes to allow concealed weapons without permits (04/28/16)7
- Police report filed, but no charges in incident at Cape Central (04/29/16)38
- Two hurt in motorcycle wreck on Interstate 55 (04/25/16)1
- Senator introduces bill for I-57 that would connect Sikeston with Little Rock (04/28/16)4
- Law firm requests information about Cape's traffic cameras (04/25/16)2
- Local lawmakers split over failed medical marijuana bill; voters may have a say (04/26/16)19
- Local company makes eco-friendly kitty litter that cuts cat-box smell (04/25/16)
- Man accused of pointing BB gun at Chaffee resident (04/26/16)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."