Former SEC Chairman Arthur Levitt to BTV: Little Mary Jo White as David to Stevie Cohen’s Goliath
Former U.S. SEC Chairman Arthur Levitt joined Bloomberg Television’s “Surveillance” this morning to discuss yesterday’s SAC guilty plea to securities and wire fraud and the record $1.8 billion penalty and said, if he was running a firm, he would not take Steven Cohen as a customer. Levitt went on to say insider trading is a..
source: Bloomberg Television
DISCLAIMER: Arthur Levitt is the member of the board of Bloomberg LP, parent company of Bloomberg Television
“It’s very pervasive, it is not unique and I believe we will see more of this under the present leadership of this commission and the U.S. attorney.”