Arthur Levitt Quotes & Sayings (Page 2)

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

“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.”

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

“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.”

“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.”

“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.”

“Promoting the interaction of orders remains one of the most difficult, but crucially important, challenges we face concerning our national market system.”