Which of the following is not a requirement of the New York Stock Exchange regarding corporate governance of companies listed on the exchange?

Which of the following is not a requirement of the New York Stock Exchange regarding corporate governance of companies listed on the exchange?



a. Have a majority of independent directors of the corporate board.

b. Adopt and make publicly available a code of conduct.

c. Prohibit the chief financial officer from serving on the board of directors.

d. Have an independent audit committee.



Answer: C


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