New York Stock Exchange members approved interim Chairman and CEO John Reed's governance proposals, including his recommended slate of eight new directors, based on preliminary results. According to a press release from the exchange issued today, members approved the plan that also would create a regulatory committee separate from the board of directors. Exact data on voting were not available. The SEC must approve the plan. Several public pension plans have voiced opposition, arguing that under the plan, the NYSE's regulatory function remains too closely linked to its operations.