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Economy | Finance
Arthur Levitt is a Senior Advisor to The Carlyle Group, Goldman Sachs & Co., Knight Capital Group, and the Promontory Financial Group and serves on the boards of Bloomberg L.P. and Motif Investing. He also serves on the Advisory Board for the RAND Center for Corporate Ethics and Governance and is a member of the American Academy of Arts and Sciences. Previously Levitt served on the boards of TIAA‐CREF, Neuberger Berman, LLC, and Risk Metrics Group, Inc.
Arthur Levitt was the 25th and longest serving Chairman of the United States Securities and Exchange Commission. First appointed by President Clinton in July1993, the President reappointed Chairman Levitt to a second five‐year term in May 1998. He left the Commission in February 2001. Investor protection was Chairman Levitt's top priority. Throughout his tenure at the Commission, he worked to educate, empower and protect Americaís investors. Early in his tenure, Chairman Levitt created the Office of Investor Education and Assistance and established a website, which allowed the public free and easy access to corporate filings and investor education materials.
During his career Arthur Levitt served three other Presidents, volunteering his time and expertise as a member of President Carterís White House Conference on Small Business, President Reaganís Private Sector Survey on Cost Control, and the first President Bushís Task Force on the Private Sector Initiatives.
Before joining the Securities and Exchange Commission, Arthur 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 American Stock Exchange Levitt spent 16 years on Wall Street, including serving as the President and Directing Partner of Shearson Hayden Stone, Inc.
Arthur Levitt graduated Phi Beta Kappa from Williams College in 1952 before serving two years in the U.S. Air Force. He holds Honorary Degrees from Williams College, Hamilton College, Long Island University, Hofstra University, The George Washington University, Columbia University, University of Miami, Fairfield University and the University of Connecticut.
Arthur Levittís bestselling book, TAKE ON THE STREET: What Wall Street And Corporate America Donít Want You To Know/What You Can Do To Fight Back was published by Pantheon Books in October, 2002. Levitt participates weekly on the Bloomberg Surveillance radio show and hosts his own weekly show called A Closer Look with Arthur Levitt that airs on Sundays in NYC and Boston. He is the Founder of the Levitt School of Public Service at Hamilton College, Clinton, New York.
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