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Arthur Levitt, Jr. (born February 3, 1931) was the twenty-fifth and longest-serving Chairman of the United States Securities and Exchange Commission (SEC) from 1993 to 2001. Widely hailed as a champion of the individual investor, he has been criticized for not pushing for tougher accounting rules. Since May 2001 he has been employed as a senior adviser at the Carlyle Group. Levitt also serves as a policy advisor to Goldman Sachs and as a Director of Bloomberg LP, parent of Bloomberg News.