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.
More Quotes from Arthur Levitt:
While private equity will remain technically private, its actions will become the public's concern.Arthur Levitt
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.
Arthur Levitt
I've had my dream job. I have been able to work on issues that I have been deeply passionate about since I first began my career in the securities business nearly 38 years ago,
Arthur Levitt
If you have a CEO who is motivated because of an option plan or a bonus plan to promote his stock, if he has the kind of personality that measures performance by the selling price of the stock, he's going to lead his board, his company and his shareholders down a very slippery slope.
Arthur Levitt
Decimal trading will benefit investors by allowing greater competition and making it easier to compare prices, ... It will also bring about consistency with foreign markets, which now trade in decimals. We look forward to working with the industry to ensure that the transition to decimals goes smoothly.
Arthur Levitt
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. What do independent directors know about management's costs and their profitability
Arthur Levitt
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Based on Topics: Progress QuotesBased on Keywords: assures, facilitate, securities
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