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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."

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"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."

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Explore more quotes by Arthur Levitt

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Arthur Levitt
"Today, the forces of competition, technology, and globalization have converged to spur innovation and to transform the way business is done in the securities industry."
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Arthur Levitt
"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."
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Arthur Levitt
"Our role is to maintain and monitor a framework in which fair competition can flourish."
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Arthur Levitt
"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."
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Arthur Levitt
"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."
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Arthur Levitt
"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."
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Arthur Levitt
"I think that the failures of Enron and WorldCom and other companies are partially failures of investors to recognize companies that are selling for a thousand times nothing, but chances are they may be worth only that."
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Arthur Levitt
"I think we have got to start thinking about banding together in terms of interested groups."
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Arthur Levitt
"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."
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Arthur Levitt
"What must occur is a greater recognition by investors of their individual responsibility."
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