Arthur Levitt, the former head of the U.S. Securities and Exchange Commission, is joining Goldman Sachs Group, Inc. as an advisor.
The firm said that Levitt will provide strategic advice to the firm on a range of matters, including public policy. “Arthur’s experience and deep knowledge of our industry will be of tremendous value to our firm,” said Lloyd Blankfein, chairman and CEO of Goldman Sachs.
“We look forward to having the benefit of his insight on a range of issues relating to the firm and financial services in general.”
Levitt was the the longest serving chairman of the SEC, the agency he headed from 1993 to 2001. Before joining the SEC, Levitt owned Roll Call, a Washington D.C.-based newspaper that focuses on the US government. He also served as the chairman of the New York City Economic Development Corporation, chairman of the American Stock Exchange and president of Shearson Hayden Stone.
Levitt is currently a senior advisor to The Carlyle Group, Promontory Financial Group, Getco and serves on the board of Bloomberg LP.
IE