- Waller deemed competent to stand trial (1/11/17)5
- Young Elvis impersonator from Bernie performs on 'Ellen DeGeneres Show' (1/12/17)
- 113 drug tests at Jackson High net one instance of illicit usage (1/11/17)14
- Two subjects of interest in 1992 homicide to take polygraph tests (1/15/17)4
- Two men shot after argument; houses also struck by bullets (1/12/17)21
- Imo's Pizza will be added to Rhodes 101 convenience store in Jackson (1/10/17)16
- Cape SportsPlex contractor offers a look at the project (1/15/17)7
- Juvenile accused of stealing, damaging playground statue (1/9/17)25
- Two Cape men recovering after shooting (1/13/17)
- Business notebook: Faithfully Fed aims for more than just food (1/9/17)4
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."