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Letter "A" » Arthur Levitt Quotes


«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.»
Author: Arthur Levitt
«to close the gap between those in the so-called 'know' and the rest of us in the public.»
Author: 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.»
Author: Arthur Levitt
«In the celebration of today's prosperity, I'm concerned that some of the basic but important fundamentals of investing are being lost on investors, or, even worse, being ignored, ... Unless investors truly understand both the opportunities and the risks of today's market, too many may fall victim to their own wishful thinking.»
Author: Arthur Levitt
«Taxes are one of the most significant costs of investing in mutual funds,»
Author: Arthur Levitt
«We have an opportunity today that we may not have again in our lifetime, to realize the vision for a true national market system,»
Author: Arthur Levitt
«strict corporate separation of the self-regulatory role from the marketplace it regulates.»
Author: Arthur Levitt
«The motivation to satisfy Wall Street earnings expectations may be overriding common sense business practices, ... In the process, I fear, we are witnessing a gradual but inexorable erosion in the quality of financial reporting.»
Author: Arthur Levitt
«We have an opportunity now that I don't think we'll have again in our lifetime to come closer to the vision of a national market system that, in my judgment, has been too long delayed.»
Author: Arthur Levitt
«Shareholders should ? know whether the directors' interests are in line with their own interests,»
Author: Arthur Levitt

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