#market

It is incumbent on us to facilitate the development of a market structure that best assures that these changes benefit the U.S. securities markets as a whole. ↗

— Arthur Levitt

#benefit #best #changes #development #facilitate

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

#able #better #business #customer #customer service

Another misconception is that an order is canceled when you hit 'cancel' on your computer. But, the fact is it's canceled only when the market gets the cancellation. ↗

— Arthur Levitt

#cancel #canceled #cancellation #computer #fact

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. ↗

— Arthur Levitt

#advancing #competing #demands #efforts #fiat

Our purpose, as we face these challenges, remains clear - fair and orderly markets that allow for efficient capital formation, while protecting the interests of investors. ↗

— Arthur Levitt

#capital #challenges #clear #efficient #face

During periods of extreme fear or greed, you don't have the proper balance between those two to generate market efficiency and you get extremes in behavior. ↗

— Andrew Lo

#behavior #between #during #efficiency #extreme

I don't entirely reject the idea of efficient markets. It needs updating. ↗

— Andrew Lo

#entirely #i #idea #markets #needs

If you rank the top 50 one-day moves in the S&P 500, a fair number of those happened within the last five or 10 years. That tells you that we're in a different, riskier market now. ↗

— Andrew Lo

#different #fair #five #happened #last

More and more investors may be coming into markets everywhere but that doesn't mean that the markets are really getting more and more efficient, even in the United States. It does mean that there is more access for savvy investors who watch the money flows. ↗

— Andrew Lo

#coming #does #efficient #even #everywhere

To some, a cap-and-trade system might sound like a neat approach where the market sorts everything out. But in fact, in some ways it is worse than a tax. With a tax, the costs are obvious. With a cap-and-trade system, the costs are hidden and shifted around. For that reason, many politicians tend to like it. But that is dangerous. ↗

— Bjorn Lomborg

#around #cap-and-trade #costs #dangerous #everything