• New York Stock Exchange Amends Proposed Corporate Government Listing Standards
  • May 19, 2003
  • Law Firm: Foley & Lardner LLP - Milwaukee Office
  • On August 16, 2002, the NYSE filed proposals relating to new corporate governance listing standards with the SEC (the "August 2002 Proposals"). In October 2002, the NYSE revised and separately submitted to the SEC its proposal requiring shareholder approval of all new equity compensation plans and material revisions to the terms of existing plans. Similarly, in March 2003, the NYSE revised and separately submitted to the SEC its proposal regarding director independence. Finally, on April 4, 2003, the NYSE filed with the SEC Amendment No. 1 to the August 2002 Proposals.