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Letter "H" » Harvey Pitt Quotes
«Our commission has been subject to extremely high attrition, ... with the principle reason being the fact that our employees earn substantially less than their counterparts in the other financial service regulatory agencies.»
«It is clear from recent events -- including the program the president is announcing this morning to improve and strengthen the duties of those whose conduct is at the core of our securities markets -- that the SEC critically needs to receive additional money in fiscal 2003 to fully fund pay parity and that we should be authorized to add new staff to address pressing immediate needs,»
«Now you sit there and shut up...and the next time the President gets fired up to take strong action against Corporate Crooks, like he did last January, shut your yap, stop worrying about over-regulation and market dips, and let him do it, ... That way I won't have to be the one who's supposed to look tough.»
«I don't want to do anything that gives our critics an opportunity to raise issues, but the SEC needs my leadership, ... Public investors need my leadership. And we are going to do our utmost to make sure we serve them.»
«We don't compromise any matters that are ongoing. The SEC chairman has absolutely no role in the day-to-day investigation.»
«This is a significant step in addressing major concerns raised by the investing public in light of recent events. It is more important than ever that decisive action be taken to restore investor confidence to the financial markets, and I commend the leadership shown by the NYSE.»
«We're seeking orders that will prevent any dissipation of assets or payouts to senior corporate officers past or present, and preventing any destruction of documents.»
«I do not believe that anyone can recall the last time a complaint prevailed under Section 18. It has long been abandoned as a resource.»
«They are formidable and they are very fine lawyers, and I think they and their lawsuit have to be taken seriously.»
«There isn't necessarily anything wrong with a compensation consultant performing multiple roles, but there's definitely a potential for conflict.»