 arthur levitt, jr. (born february 3, 1931) was the twenty-fifth and longest-serving chairman of the united states securities and exchange commission (sec) from 1993 to 2001. 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.the carlyle group : levitt, arthur levitt also serves as a policy advisor to goldman sachs and as a director of bloomberg lp, parent of bloomberg news. ==early life and career== growing up in a jewish family in brooklyn, levitt received his first exposure to the world of finance through his father, arthur levitt, sr., who served as new york state comptroller for 24 years and was sole trustee of the largest pension fund in america at the time. while in brooklyn, he attended and graduated from poly prep country day school in 1948. subsequently, levitt graduated phi beta kappa from williams college in 1952, before serving for two years in the air force. he first worked as a drama critic for the berkshire eagle, and after the air force, he was with time-life for five years before selling cattle and ranches as tax shelters. in 1963, levitt joined the relatively young brokerage firm carter, berlind & weill, founded just three years earlier by sanford i. weill.arthur levitt: career highlights. bloomberg businessweek levitt's name was eventually added to the firm's when it was renamed cogan, berlind, weill & levitt in the mid-1960s although through a series of mergers the firm eventually evolved into shearson loeb rhoades. this experience with retail customers was a source of his interest in
1931_births American_International_Group American_Jews American_financial_businesspeople American_journalists Carlyle_Group_people Goldman_Sachs_people Jewish_American_politicians Living_people Members_of_the_United_States_Securities_and_Exchange_Commission People_from_Brooklyn Williams_College_alumni