►Muriel Siebert - First Woman of Finance
Muriel "Mickie" Siebert was known as The First Woman of Finance. She was a professional and philanthropic leader. Among her many achievements, Ms. Siebert was the first woman to own a seat on the New York Stock Exchange and the first to head one of its member firms, Muriel Siebert & Co., Inc. Ms. Siebert was also a pioneer in the discount brokerage field, transforming her firm into a discount brokerage in 1975 on the first day NYSE members were allowed to negotiate commissions. In 1977, she put her firm in a blind trust to serve as New York State’s first woman Superintendent of Banking for five years, and under her watch, not a single banking institution failed.
Through the Muriel F. Siebert Foundation, Ms. Siebert developed the "Siebert Personal Finance Program: Taking Control of Your Financial Future," a financial literacy program which has improved the lives of innumerable middle and high school students and adults by teaching them essential financial skills. In keeping with her personal vision, Ms. Siebert worked tirelessly to promote financial literacy among our nation’s citizens.
Ms. Siebert, who attended, but did not graduate from what is now known as Case Western Reserve University in her home town of Cleveland, Ohio, was awarded 20 honorary doctorates and received multiple other awards and honors throughout her life. She is described by the Encyclopedia Britannica as an "American business executive whose successful ventures in the realm of high finance helped expand opportunities for women in that field." Ms. Siebert was chosen by Scholastic Inc., for its compendium, "100 People Who Changed America." Other honors include the National Association of Women Business Owners First Signature Award for Lifetime Achievement as a pioneering women’s business owner; the National Museum of Women in the Arts which saluted her as a pioneer who has broken ground for women in civil society; and, acknowledgement from the Center for Educational Innovation-Public Education Association (CEI-PEA) for pioneering financial literacy. Ms. Siebert was inducted into Junior Achievement’s U.S. Business Hall of Fame in 2009 and, in 2010, was named one of U.S. Banker Magazine’s "25 Most Powerful Women in Finance."
Ms. Siebert was the first woman selected as "one who has made a difference" for the Working Women's Hall of Fame, and was inducted into the National Women's Hall of Fame and The International Women's Forum International Hall of Fame. She received The Athena Foundation's highest award given to those "who open the doors of leadership opportunity for women." Among other honors, Ms. Siebert received the Pride of New York Award, and, for promoting financial literacy, both the First Lifetime Achievement Award from the New Jersey Coalition for Financial Education and the Eleanor Roosevelt Val-Kill Medal Award. Ms. Siebert is featured in the "Women and Wall Street" permanent collection exhibit at the Museum of American Finance.
Throughout her career, Ms. Siebert was actively involved with a wide range of non-profit, civic and women’s organizations. She served most recently on various boards of the Breast Cancer Research Foundation, National Shingles Foundation, The Business Council of New York State, Broadway Walk of Stars, Palm Beach Round Table, Guild Hall and the Animal Rescue Fund of the Hamptons. Ms. Siebert was an active member of the Council on Foreign Relations, the Economic Club of New York, the New York Women's Agenda (NYWA), The Committee of 200, the New York Women’s Forum, of which she was a co-founder and past president, The International Women's Forum, The Greater New York Council of the Boy Scouts of America and The Friars Club.
Ms. Siebert was widely interviewed on subjects pertaining to the financial system and markets. She testified on behalf of the individual investor before Congress and her opinion was requested by the White House and policymakers at the highest levels of the US government on many substantive issues related to the financial services system and economy.
In November 2002, Simon and Schuster published her autobiography, "Changing the Rules - Adventures of a Wall Street Maverick," .
On December 28, 2007, Ms. Siebert celebrated her 40th anniversary of buying a seat on the New York Stock Exchange by ringing the closing bell.