Muriel Siebert was an American businesswoman who made history on December 28, 1967 by becoming the first woman to earn a seat on the New York Stock Exchange (NYSE). This was a significant achievement, as at the time, the NYSE was a male-dominated institution and women were not allowed to own seats.
Siebert was born in 1928 in Cleveland, Ohio. She attended college at Western Reserve University (now Case Western Reserve University) and later worked as a research analyst for a brokerage firm. In 1967, she decided to pursue her dream of owning a seat on the NYSE. Despite facing numerous obstacles and discrimination, Siebert persevered and eventually became the first woman to purchase a seat on the exchange.
After acquiring her seat, Siebert continued to break barriers and blaze a trail for women in the financial industry. In 1977, she became the first woman to be appointed as Superintendent of Banking for the State of New York. She also founded her own brokerage firm, Muriel Siebert & Co., which was the first woman-owned member firm on the NYSE.
Throughout her career, Siebert was a strong advocate for women’s rights and equal opportunities in the workplace. She received numerous awards and accolades for her contributions to the financial industry, and her legacy continues to inspire women to pursue careers in finance and business.
References:
https://www.investopedia.com/terms/m/muriel-siebert.asp
