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
Personally I don't think day traders are speculating, because traditional speculation requires some market knowledge. They are, instead, gambling, which doesn't.
Our markets have not achieved their great successes as a result of government fiat, but rather through efforts of competing interests working to meet the demands of investors and to fulfill the promises posed by advancing technology.
Once again, stock markets have been threatened with extinction for almost 75 years, and I have found that stock markets are harder to kill than roaches.
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.
The American economy is the eighth wonder of the world. The ninth is the economic ignorance of the American people.
do whatever was possible to expedite the process.
Our role is to maintain and monitor a framework in which fair competition can flourish.
Promoting the interaction of orders remains one of the most difficult, but crucially important, challenges we face concerning our national market system.
They have been compared to a high-tech version of morning gossip or advice at the company water cooler, ... At least you knew your co-workers at the water cooler.
Richard is a multifaceted kind of guy. He can probably do anything he sets his mind to.
It has been almost 30 years since significant steps were taken to improve the mutual fund governance structure, ... Whether shareholders realize it or not, how directors fulfill their responsibilities directly affects them every day.
Taxes are one of the most significant costs of investing in mutual funds,
If you compensate a CEO by giving him options, he's going to do everything he can to make those options as valuable as possible.
This effort will be an important addition ? to encourage the education of fund directors,