FastSaying

High-quality and timely information is the lifeblood of strong, vibrant markets. It is at the very core of investor confidence,

Arthur Levitt

InformationQuality

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But when that information travels only to a privileged few, when it is used to profit at the expense of the investing public, when that information comes by way of favored access rather than by acumen, insight or diligence, we must ask, 'Whose interest is really being served?'
— Arthur Levitt
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You can get feedback from your customers. You really couldn't pay enough to get that same quality of information.
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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.
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Now, we all understand that directors aren't required to guarantee that their fund has the lowest fees, ... But they are required to ask whether fund investors are getting their money's worth.
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Firms need to ensure that their ability to provide effective customer service keeps pace with their growth. If you're marketing your firm to new customers, you better be able to provide them service when they do business with you.
— Arthur Levitt
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