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.

The tension between centrality, on the one hand, and competition, on the other, is probably the oldest of all market structure issues.

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.

Extinction was a difficult concept for a 10-year-old.

It's good to like yourself, and that only comes from hard work, from doing. But vanity is dangerous; it can trip you badly.

It took me realizing that a broken heart has never actually killed anyone to find the courage to ask for what I want, in just about every situation. That was part of my own growing up.