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 Arthur Levitt

"Arthur Levitt joined


The Carlyle Group

in May 2001 as Senior Advisor to the firm. He advises Carlyle management on strategic business matters as well as Carlyle Asset Management Group on its business and investing activities.

Prior to joining Carlyle, Mr. Levitt was the 25th Chairman of the United States Securities and Exchange Commission. First appointed by President Clinton in July 1993, the President re-appointed Chairman Levitt to a second five-year term in May 1998. On September 9, 1999, he became the longest-serving Chairman of the Commission. He left the Commission on February 9, 2001.

Before joining the Commission, Mr. Levitt owned Roll Call, a newspaper that covers Capitol Hill. From 1989 to 1993, he served as the Chairman of the New York City Economic Development Corporation, and from 1978 to 1989, he was the Chairman of the American Stock Exchange. Prior to joining the Amex, Mr. Levitt worked for 16 years on Wall Street. Mr. Levitt graduated Phi Beta Kappa from Williams College in 1952 before serving for two years in the Air Force."

Arthur Levitt
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updated Sun. April 14, 2024

On September 28, 1998, SEC Chairman Arthur Levitt delivered a speech at New York University expressing concern about the quality of financial reporting in the United States. His concerns included the use of “cookie jar” reserves to manipulate earnings and managements' fixation on meeting or beating ...

The naysayers of this technology will comment on the lack of intrinsic value of Bitcoin and other cryptocurrencies. The value, however, lies in the peer-to-peer interaction without an intermediary or middle man, and the coins cannot be artificially manipulated. Arthur Levitt, the former commissioner of the SEC, ...
Arthur Levitt. The regulation has its roots in a landmark 1998 speech by then-SEC chairman Arthur Levitt, in which he trained his sights on manipulative earnings management and called for empowering the audit committee “as the ultimate guardian of investor interests and corporate accountability.” ...
Former Securities Exchange Commission Chairman Arthur Levitt and two fintech executives squared off Thursday over whether fintech companies need stricter regulation and corporate governance. "Fintechs tend to march to their own rules," he said at the Economist's Finance Disrupted conference in New ...
On Thursday, the longest-tenured chairman of the US Securities and Exchange Commission was said to express his belief in the staying power of cryptocurrency. Arthur Levitt, who served during the Bill Clinton and George W. Bush administrations, pointed to global economic imbalances as the reason for ...


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arthur levitt:

Arthur Levitt