At the SEC, Mr. Levitt created the Office of Investor Education and Assistance. He was credited with improving the quality of the financial reporting process, strengthening the oversight role of corporate audit committees, creating a regulatory framework that embraced new technology, and promoting competition through order-handling rules.
He was previously chairman of New York City Economic Development Corp. for four years and chairman of the American Stock Exchange for 11 years. Before joining the Amex, he worked for 16 years on Wall Street.
Mr. Levitt graduated Phi Beta Kappa from Williams College in Williamstown, Mass., and then served for two years in the United States Air Force.