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NYSE Stock Exchange History
he New York Stock Exchange traces its
origins to a founding agreement in 1792. The NYSE registered as
a national securities exchange with the U.S. Securities and
Exchange Commission on October 1, 1934. The Governing Committee
was the primary governing body until 1938, at which time The
Exchange hired its first paid president and created a
thirty-three member Board of Governors. The Board included
Exchange members, non-member partners from both New York and
out-of-town firms, as well as public representatives.
NYSE Stock
Exchange Board of Directors
In 1971 The Exchange was incorporated as a not-for-profit
corporation. In 1972 the members voted to replace the Board of
Governors with a twenty-five member Board of Directors,
comprised of a Chairman and CEO, twelve representatives of the
public, and twelve representatives from the securities industry.
Subject to the
approval of the Board, the Chairman may appoint a President, who
would serve as a director. Additionally, at the Board's
discretion, they may elect an Executive Vice Chairman, who would
also serve as a director.
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DOW
Signals
Past 2 Months |
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3%
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7%
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Compound |
Compound
Margin |
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As of 7/23/2008 |
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