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Dick Grasso Statement on SEC Approval of NYSE Rules Relating to Shareholder Approval and Voting of Proxies
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“The Securities and Exchange Commission’s approval of our proposal requiring shareholder approval of equity compensation plans, and the NYSE corporate community’s embracing of the proposal, represents a major step forward in corporate accountability for investors. Empowering America’s 85 million investors by giving them greater voice in matters such as equity compensation is a critical element in increasing their confidence in the public companies they own and the equities markets in general.”
Dick Grasso
Chairman and CEO
New York Stock Exchange
June 30, 2003: SECURITIES AND EXCHANGE COMMISSION Release No. 34-48108 (File Nos. SR-NYSE-2002-46 and SR-NASD-2002-140), dated June 30, 2003, Relating to Equity Compensation Plans (.pdf)
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