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,
commission earn employees extremely fact financial high less principle reason service subject
Our commission has been subject to extremely high attrition, ... with the principle reason being the fact that our employees earn substantially less than their counterparts in the other financial service regulatory agencies.
analyst group information lead less might people problem publishing select trading widespread
If the analyst is communicating his findings to a select group of people and it might lead to proprietary trading by his employer, then you might have problems. But if he is publishing information for a widespread audience, I have less of a problem with it,
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!
confidence goal immediate number profession restoring
I place restoring the public's confidence in the auditing profession to be immediate goal number one,
bedrock confidence investor
Investor confidence is the bedrock of our markets,
frankly hard time
I frankly think every one of them who's responsible ... should do hard time for their crimes,
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.
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.
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.
benefit engaged meetings
The meetings that I engaged in were proper. They were for the benefit of investors.
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.