SEC Historical Society – 10th anniversary and timeline update

The Securities and Exchange Commission (SEC) Historical Society, through its virtual museum and archive, shares, preserves and advances knowledge of the history of financial regulation. It is a non-profit organization, independent of the US Securities and Exchange Commission.

The SEC Historical Society celebrates the 10th anniversary of its founding in 2012. Since opening on June 1, 2002, this independent and objective resource provides access to primary materials on the creation and development of the regulation of the capital markets from the 20th century to the present.

The comprehensive collection includes a Virtual Museum Timeline that highlights significant developments in the history of financial regulation against US and world events. To start, choose a decade, click the arrow button to move through the years, and click on any development to read more. In addition, learn more about building the Timeline.

The collection also includes: Galleries (permanent exhibits within the museum, providing access to materials from throughout the collection on a particular topic); Papers (letters, speeches, memos, telegrams and reports, many not accessible through other online sources); Photos (historic and current images of people significant to financial regulation); and Oral Histories (remembrances, available in audio, MP3 and edited transcript formats, from people who helped create and continue to shape the financial regulatory system). As well, the collection comprises a variety of original programs - including Fireside Chats, the Society's Annual Meeting, The Best of NERA, etc. - offering historic perspective on current regulatory issues (broadcast live and preserved in audio, MP3 and edited transcript formats).

Corporate Governance and the New York Stock Exchange

The New York Stock Exchange (NYSE) has long been a leading proponent for the highest standards of corporate governance and ethical behaviour. Its listing standards have included governance rules for approximately 150 years. It was the NYSE that first required companies to issue regular financial statements, as well as to provide quarterly earnings announcements and conduct independent audits of financial statements, all of which were included as part of the NYSE’s listing standards before any of the federal securities legislation coming out of the Great Depression. The leadership role of the NYSE on governance matters continued during the middle of the 20th century, when the NYSE pioneered such developments as required proxy statement distribution, a minimum number of outside directors, and audit committees made up entirely of independent directors. To learn more about the NYSE and governance, read the Report of the New York Stock Exchange Commission on Corporate Governance (September 23, 2010). The report contains a summary of significant corporate governance developments since 2000 (pages 10-23).