But when that information travels only to a privileged few, when it is used to profit at the expense of the investing public, when that information comes by way of favored access rather than by acumen, insight or diligence, we must ask, 'Whose interest is
More Quotes from Arthur Levitt:
That also has put pressure on analysts to report favorably on a company in order to maintain access to inside information,Arthur Levitt
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.
Arthur Levitt
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.
Arthur Levitt
Now, we all understand that directors aren't required to guarantee that their fund has the lowest fees, ... But they are required to ask whether fund investors are getting their money's worth.
Arthur Levitt
he said. ''I would hope the decision would be reversed upon appeal.
Arthur Levitt
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.
Arthur Levitt
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