Arthur Levitt

Mr. Arthur Levitt, Jr. is a Senior Advisor at the Carlyle Group after serving as Chairman of the Securities and Exchange Commission (1993-2001), the longest serving official in this position. Investor protection was Chairman Levitt's top priority. Throughout his tenure at the Commission, Chairman Levitt worked to educate, empower, and protect America's investors. Early in his tenure, Chairman Levitt created the Office of Investor Education and Assistance and established a website (www.sec.gov), which allows the public free and easy access to corporate filings and investor education materials. Chairman Levitt conducted more than 40 investor town meetings throughout the country to listen to the concerns of investors and to give them tips on safe and wise participation in the securities markets. Other hallmarks of Chairman Levitt's tenure include improving the quality of the financial reporting process, maintaining the independence of auditors, saving investors billions of dollars by reducing spreads in the Nasdaq market, promoting the use of plain English, requiring that important information be released to all investors simultaneously, fighting Internet fraud, and cleaning up the municipal bond market. Levitt is a member of several advisory and pro-bono boards, such as RiskMetrics Group and American International Group. Levitt previously served as Chairman and CEO of the American Stock Exchange, as well as chairman of the Levitt Media Company and owner of Roll Call, a Capitol Hill newspaper.