Harvey Pitt
Harvey Pitt
Harvey Pittwas the 26th chairman of the U.S. Securities and Exchange Commission, serving from 2001-2003...
address board capable confident faces issues judge strong wisdom
under Judge Webster's capable leadership, I'm confident that this strong board will address the important issues it faces with wisdom and expedition.
investment lots meet people
We meet with lots of people ... we meet with representatives of many investment groups,
asked hit job people wonderful
Nah, ... He just asked us over here to tell us what a wonderful job the American People think we're doing! Now hit this!
advise against becomes material temporary
I would advise them against it, ... Of course, one would have to distinguish between material and non-material information. But the analyst, at a minimum, becomes a temporary insider.
gets matter position problem status
We investigate when we find there may be indications that a problem occurred, ... And if we do investigate, no one, no matter what their position or status is, no one gets a pass.
believe best continue dedication integrity interest investors judge people proven record served time
Judge Webster's proven integrity and long record of accomplishment would have served the American people well, as it has time and time again, ... I continue to believe that investors would have benefited from Judge Webster's dedication to the best interest of the American people.
relationships
We'll come down with a sledgehammer on any improper relationships, any improper conflicts.
absolutely chairman compromise matters role
We don't compromise any matters that are ongoing. The SEC chairman has absolutely no role in the day-to-day investigation.
critics gives investors needs opportunity public raise serve sure utmost
I don't want to do anything that gives our critics an opportunity to raise issues, but the SEC needs my leadership, ... Public investors need my leadership. And we are going to do our utmost to make sure we serve them.
abandoned anyone believe complaint last recall section time
I do not believe that anyone can recall the last time a complaint prevailed under Section 18. It has long been abandoned as a resource.
agency stronger wants
This has nothing to do with the chairman.... He wants the agency to be stronger and better than ever when he leaves.
benefit engaged meetings
The meetings that I engaged in were proper. They were for the benefit of investors.
behind continue great investors left legacy lost serve
and American investors have lost a great advocate, the legacy that he has left behind will continue to serve them well.