Harvey Pitt

Harvey Pitt News

  • De Blasio Seeks to Alter Entry Plan for NYC Elite Schools

    New York Mayor Bill de Blasio, who took office Jan. 1 promising to reduce economic inequality, said he wants to end a 43-year policy that restricts admission at the city’s elite high schools to students who score highest on a standardized test.

  • Icahn Clorox Bid Probe Said to Be Hindered by Publicity

    A U.S. insider trading investigation of Carl Icahn’s attempt to buy Clorox Co. in 2011 has been hamstrung by reports tying it and trades in Dean Foods Co. to golfer Phil Mickelson and sports gambler William Walters, a person familiar with the matter said.

  • SAC Faces Final Reckoning for 14 Years of Insider Scheme

    SAC Capital Advisors LP employees gathered in the hedge fund’s cafeteria on July 21, 2008, for a seminar by former Securities and Exchange Commission Chairman Harvey Pitt on compliance and how to prevent insider trading.

  • Ex-SEC Heads Pitt, Levitt Fault Missed Tips, Regulatory Capture

    U.S. regulators failed to act on “a gift” of a tip from Paulson & Co. Inc. that a major brokerage had approached the hedge fund to solicit help in a scheme to manipulate markets, former Securities and Exchange Commission Chairman Harvey Pitt said.

  • Fiduciary Standard Should Match Reality of Market, Pitt Says

    The law governing how brokers serve their clients has done a poor job of keeping up with the realities of the marketplace, Harvey Pitt, a former chairman of the U.S. Securities and Exchange Commission, said today.

  • SEC Enforcers Frozen as Internal Watchdog Kotz Unleashes ‘Chilling’ Probes

    The U.S. Securities and Exchange Commission’s internal watchdog has castigated the agency for missing the Bernard Madoff fraud, spotlighted employees who viewed online pornography and called for a criminal probe into the ethics of the SEC’s former top lawyer.

  • Harvey Pitt Says ICE May Not Want NYSE Stock Business (Audio)

    Harvey Pitt, former Securities and Exchange Commission chairman, says after IntercontinentalExchange Inc. buys Euronext, it will "spin off the equities business." Pitt talks with Bloomberg's Tom Keene and Michael McKee on Bloomberg Radio's "Bloomberg Surveillance."

  • Harvey Pitt Explains the SEC Wells Notice Process

    Nov. 29 (Bloomberg) -- Former SEC chairman Harvey Pitt explains the process following reception of a Wells Notice from the SEC and what is next for the commission after chairman Mary Schapiro steps down in December. He speaks on Bloomberg Television's "Market Makers."

  • Pitt: Rajaratnam Verdict a ‘Wake-Up Call’

    Harvey Pitt, chief executive officer of Kalorama Partners LLC and former chairman of the U.S. Securities and Exchange Commission, discusses the guilty verdict in the criminal trial of Galleon Group LLC co-founder Raj Rajaratnam.

  • End the ‘Governmental Ponzi Scheme’: Harvey Pitt, Former SEC Commissioner

    Pitt, chief executive officer of consulting firm Kalorama Partners, served as chairman of the Securities and Exchange Commission under President George W. Bush from 2001 to 2003.

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