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Arthur Levitt Jr. (born February 3, 1931) is the former Chairman of the United States Securities and Exchange Commission (SEC). He served from 1993 to 2001 as the twenty-fifth and longest-serving chairman of the commission.
Arthur Levitt served as the 25th Chairman of the Securities and Exchange Commission from 1993 to 2001. He was a champion of investor protection, financial reporting quality, and market competition and innovation.
Arthur Levitt's eight–year tenure as chair of the U.S. Securities and Exchange Commission (SEC) was the longest in the 70–year history of the regulatory office.
Feb 17, 2017 · Arthur Levitt Jr. was the longest-serving chairman of the Securities and Exchange Commission. (Amanda Voisard/For The Washington Post)
During Arthur Levitt’s long and distinguished career, which culminated in an eight-year term as SEC chairman, he has been heralded as a champion of the individual investor and characterized as out of touch with reality. He has even been accused of outright attempts at grandstanding.
Former SEC Chairman Arthur Levitt discusses the causes and consequences of the Enron scandal and other accounting scandals in the 1990s. He advocates for stronger regulation and oversight of the accounting industry and criticizes the "numbers game" and "creative accounting" practices.
Arthur Levitt was the twenty-fifth and longest serving chairman of the United States Securities and Exchange Commission. First appointed by President Clinton in July 1993, the President reappointed Chairman Levitt to a second five year term in May 1998. He left the commission on Feb 9, 2001.
