Arthur Levitt

Although the Internet makes it seem as if you have a direct connection to the securities market, you don't. Lines may clog; systems may break; orders may back-up. ↗

— Arthur Levitt

#back-up #break #clog #connection #direct

Another misconception is that an order is canceled when you hit 'cancel' on your computer. But, the fact is it's canceled only when the market gets the cancellation. ↗

— Arthur Levitt

#cancel #canceled #cancellation #computer #fact

I think we have got to start thinking about banding together in terms of interested groups. ↗

— Arthur Levitt

#banding #got #groups #i #i think

Investors should start with a view of skepticism. They should become intellectual investors rather than emotional investors. They should be careful, and they should be skeptical. ↗

— Arthur Levitt

#become #careful #emotional #intellectual #investors

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. ↗

— Arthur Levitt

#benefit #best #changes #development #facilitate

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

#almost #been #extinction #found #harder

One way for investors to protect themselves from a rapid change in the price of a stock is to use a limit order rather than a market order. ↗

— Arthur Levitt

#investors #limit #market #order #price

Our purpose, as we face these challenges, remains clear - fair and orderly markets that allow for efficient capital formation, while protecting the interests of investors. ↗

— Arthur Levitt

#capital #challenges #clear #efficient #face

Our role is to maintain and monitor a framework in which fair competition can flourish. ↗

— Arthur Levitt

#fair #flourish #framework #maintain #monitor

Over the past two decades, we have clearly seen an erosion of ethical values. ↗

— Arthur Levitt

#decades #erosion #ethical #over #past