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.
More Quotes from 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
The tension between centrality, on the one hand, and competition, on the other, is probably the oldest of all market structure issues.
Arthur Levitt
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.
Arthur Levitt
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.
Arthur Levitt
The best companies, the most solidly managed companies, are ones that are managed for the future that don't focus on the price of the shares.
Arthur Levitt
Promoting the interaction of orders remains one of the most difficult, but crucially important, challenges we face concerning our national market system.
Arthur Levitt
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Based on Topics: Computers & Technology Quotes, Government Quotes, Promise QuotesBased on Keywords: fiat, posed
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