NYSE Regulation Inc. announced several members of its new board of directors, as it seeks to extend the separation between NYSE Regulation and NYSE Group Inc.’s business activities.

When all board seats are filled, the NYSE Regulation board will be composed initially of five independent directors with no affiliation with the NYSE Group board, member organizations or listed companies; and three directors who are also NYSE Group directors.

Richard Ketchum, chief executive officer of NYSE Regulation, will also become a director once the entire board of eight directors is in place. The chief executive officer of NYSE Regulation has primary responsibility for the regulatory oversight of NYSE Group and its exchange subsidiaries, and reports solely to the NYSE Regulation board of directors.

“I look forward to working with the new NYSE Regulation board as we continue to expand our vitally important work of ensuring integrity in the marketplace and protecting investors,” said Ketchum.

Dr. Shirley Ann Jackson, former chairwoman of the U.S. Nuclear Regulatory Commission, current president of Rensselaer Polytechnic Institute, and an NYSE Group board member, will serve as chairwoman of NYSE Regulation.

Along with Jackson, also named to the NYSE Regulation board: North Carolina State Treasurer Richard Moore; Mark Sargent, dean and professor of Law at Villanova University School of Law; Kurt Stocker, visiting lecturer at the Northwestern University’s Medill School of Journalism and chairman of the New York Stock Exchange Individual Investors Advisory Committee; and Ellyn Brown, former Maryland Securities Commissioner, and current NYSE Group director. The board will also have two “fair representation” members that will be appointed in the coming weeks based on the recommendations of a committee representing member organizations.

Both Jackson and Brown were previously members of the New York Stock Exchange board’s now-dissolved Regulatory Oversight Committee. “We are assembling a group of experienced and talented board members who will be invaluable in guiding us through the challenges ahead,” said Dr. Jackson. “The board has a range of experience that should serve investors well.”