First Female Member of NYSE, Muriel Siebert, Dead at 80

by Christopher Freeburn | August 26, 2013 9:43 am

New York City Wall Street[1]The first woman to buy a seat on the New York Stock Exchange (NYSE) and become New York State’s first female superintendent of banking died over the weekend[2].

Muriel Siebert, who arrived in New York City in 1954 at the age of 22 to begin an ascent of the financial world that would put her in charge of her own brokerage firm just over a decade later, died at Memorial Sloan-Kettering Cancer Center on Saturday. She was 80 years old, Politico notes.

After battling headwinds from her male counterparts, Siebert launched her own brokerage firm and acquired her seat on the NYSE in 1967. She took the firm public as Siebert Financial Corp. (SIEB[3])  in 1996.

When she wasn’t breaking glass ceilings on Wall Street, Siebert tried her hand at politics. She ran unsuccessfully for the Republican nomination to challenge Democrat Senator Daniel Patrick Moynihan in 1982.

On January, 5, 1998, Siebert rang the closing bell at the NYSE to commemorate her 30th anniversary as a member of the exchange.

Active in social organizations, Siebert served as president of the New York Women’s Agenda and played prominent roles at the International Women’s Forum, the New York Women’s Forum, the Council on Foreign Relations and Deloitte & Touche’s Council for the Advancement and Retention of Women.

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