Arthur levitt biography

Biography of Arthur Levitt

Arthur Levitt, Chairman of the Securities and Exchange Commission, 450 Fifth Street, NW, Washington, DC 20549

Arthur Levitt is the 25th Chairman of the U.S.

Securities and Exchange Commission. He was first appointed by President Clinton in July, 1993, and reappointed to a second five-year term in May, 1998. His term expires on June 5, 2003.

Chairman Levitt's bio in the SEC web site states that his "top priority is investor protection, which is reflected by the key successes of his first term: reforming the debt markets; improving broker sales and pay practices; promoting the use of plain English in investment literature as well as in SEC communications with the public; preserving the independence of the private sector standard setting process; ensuring the independence of accountants; and encouraging foreign companies to list on U.S.

markets."

Chairman Levitt has been supportive of high-tech, and online securities trading.

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