Interview: Arthur Levitt

Arthur Levitt entered the SEC as an industry insider, someone who could be trusted by Wall Street to understand its special problems. He understood all too well, which is why there were few wet eyes in the securities industry when he left the SEC after a tenure marked by a concern for the small investor and transparency that was almost revolutionary. Levitt disclaims any suggestion that he was a sleeper who kept his views quiet and only sprang into action when he took office. On the contrary,