"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."

Technology

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Insight & Reflection

This reflection on technology by Arthur Levitt resonates across generations. It highlights a fundamental truth about human nature: our continuous search for meaning in technology is what ultimately defines our character and our path forward.

About Arthur Levitt

Arthur Levitt Jr. 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. Widely hailed as a champion of the individual investor, he has been criticized for not pushing for tougher accounting rules. Since May 2001 he has been employed as a senior adviser at the Carlyle Group. Levitt previously served as a policy advisor to Goldman Sachs and is a Director of Bloomberg LP, parent of Bloomberg News.

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Editorial Note: This quote is curated and fact-checked by the ShortQuote Editorial Team. Verified Literature Specialist.

More by 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."

— Arthur Levitt
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