Legislators scrutinise self- regulation at stock exchanges


NEW YORK -- The scandal in which the New York Stock Exchange (NYSE)’s former chairman and CEO Richard Grasso was awarded a $140 million pay package looks set to change the way US securities market-places are managed. Legislators scrutinised corporate governance practices at US stock exchanges at an October hearing of the House of Representatives’ Subcommittee on capital markets.

During the hearing -- Reviewing US capital market structure: the New York Stock Exchange and related issues -- the

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: