Arthur Levitt
Arthur Levitt
Arthur Levitt Jr.was the twenty-fifth and longest-serving Chairman of the United States Securities and Exchange Commissionfrom 1993 to 2001. Widely hailed as a champion of the individual investor, he has been criticized for not pushing for tougher accounting rules. Since May 2001 he has been employed as a senior adviser at the Carlyle Group. Levitt previously served as a policy advisor to Goldman Sachs and is a Director of Bloomberg LP, parent of Bloomberg News...
NationalityAmerican
ProfessionPublic Servant
Date of Birth3 February 1931
CountryUnited States of America
I worry the best execution may be compromised by payment for order flow, internalization, and certain other practices that can present conflicts between the interests of brokers and their customers.
From my own personal experience the best CEOs that I have ever known are the ones that don't care very much about the day-to-day fluctuations of their shares.
The best companies, the most solidly managed companies, are ones that are managed for the future that don't focus on the price of the shares.
This is the best hope that the investor community has today, ... This is the first time that a group made up of this type of individuals has come out for expensing stock options and curbs on the excessive compensation executives have been receiving.
It is incumbent on us to facilitate the development of a market structure that best assures that these changes benefit the U.S. securities markets as a whole.
The SEC is launching more investigations into more big companies than ever before, ... The list of targets includes plenty of Fortune 500 players, including Bankers Trust, Cendant, Waste Management and W. R. Grace.
Sandy reacted to his times, and Chuck Prince is going to have to determine what his times are and how he should deal with that era.
Promoting the interaction of orders remains one of the most difficult, but crucially important, challenges we face concerning our national market system.
The tension between centrality, on the one hand, and competition, on the other, is probably the oldest of all market structure issues.
do whatever was possible to expedite the process.
We have an opportunity today that we may not have again in our lifetime, to realize the vision for a true national market system,
The American economy is the eighth wonder of the world. The ninth is the economic ignorance of the American people.
Fund directors should be on the front lines in defense of shareholder interest,
Richard is a multifaceted kind of guy. He can probably do anything he sets his mind to.