Euronext also suggested that Liffe, London's independent derivatives exchange, might co-operate with the new Euronext.
In America, where the separation of the jobs of chairman and chief executive is normally seen as a sign of weakness or as a transitional arrangement, the New York Stock Exchange wants independent directors to meet regularly under a presiding director.
His mandate was to transform the exchange into an independent public company.
For example independent agencies like the Securities and Exchange Commission, the Commodity Futures Trading Commission and the Federal Reserve get a pass on review.
The Public Company Accounting Oversight Board (PCAOB), an independent agency of the Securities and Exchange Commission (SEC) created by SOx, develops those auditing standards and regulates external auditors of public companies.
The single currency has deprived its members of any independent control over monetary policy or the exchange rate, so the burden of any necessary response to a recession falls more on fiscal policy.
They have surrendered control of the currency to an independent central bank that targets inflation, not the exchange rate.
In exchange for compromise they are talking of independent oversight of spending.
Kevin Benedict, an independent mobile analyst who served as moderator at the Exchange, just returned from visiting a company in Australia that employs 700 service technicians.
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Last Thursday the U.S. Securities and Exchange commission filed charges against Ballas, an independent contractor with Global Arena Capital Corp.
Disclosure: I am affiliated with the Independent Institute, but I received no valuable consideration in exchange for discussing MyGovCost.com in this article.
The central bank is supposed to be independent, and is also supposed to be in charge of exchange-rate and monetary policy.
All other directors must demonstrate their full independence from management (the New York Stock Exchange insists only that half of the directors be independent).
The exchange no doubt hopes that, overseen by this independent board, it can draw a line under all its troubles of the past few months.
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"The exchange has clearly demonstrated its robust strength as an independent business, delivering strong results despite the backdrop of an offer period and the significant resources this has entailed, " said LSE chairman Chris Gibson-Smith.
According to the Tokyo Stock Exchange, on average, Japanese companies have only one independent director.
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The independent consultants are scheduled to meet April 20 with the Securities and Exchange Commission, the National Association of Securities Dealers and the New York State attorney general.
Nasdaq has been seeking for some time to become independent from the National Association of Securities Dealers, which regulates the exchange, but the SEC has yet to make a decision.
The corporate governance rules that have been proposed by the New York Stock Exchange and the Nasdaq Stock Market both push for more independent directors on corporate boards and for audit committees composed entirely of outside directors.
This group is lobbying for tougher securities laws and the setting-up of a regulatory body independent of the finance ministry and modelled on America's Securities and Exchange Commission.
To address this issue, the government will push for legislation to give the Securities and Exchange Commission (SEC) powers to ensure that compensation committees are truly independent of management.
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Meanwhile, the U.S. Securities and Exchange Commission is set to ask a U.S. bankruptcy court judge to appoint an independent examiner with expanded powers to investigate the company's collapse and potential conflicts of interest in the case.
But more than half of this "independent" agency's staff will come directly from the ministry, with the remainder from the Securities and Exchange Surveillance Commission, an arm of the MOF.
Stabilizing the dollar-euro exchange rate can only be achieved within a rule-based monetary regime, not by relying on "independent" central banks and finance ministers to coordinate monetary policy to do it.
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