1979: The Role Of Law In An Address By Harold M.
FOR RELEASE:
8:30 P.M., MONDAY, APRIL 23, 1979
"THE ROLE OF LAW IN SOC IETY" An Address by Harold M. ~lliamsJ Chairman United States Securities and Exchange Commission
The Legal Aid Society Servant of Justice Award Dinner New York, New York April 23, 1979
I feel privileged to participa~e in this program honoring Whitney North Seymour. While this is only the
Legal Aid Society's second Servant of Justice Award dinner, I am certain that it will rapidly become part of the venerable tradition of New York's legal and corporate communities. Just as the Society itself has come over the years to be recognized for its sense of responsibility and commitment to community betterment, this award and its distinguished recipients remind us …show more content…
Second, it places
.~./ Redlich, "Lawyers, The Temple, and the Market Place," in The Record, p. 200.
-3-
a burden on the governmental
process to deal with issues
which would be more effectively resolved in the private sector. In a number of my talks -- on such matters as corporate accountability, regul~tion of the accounting profession,
arid the development of the national market system -- I have dealt extensively with what I believe to be the respective roles of government and the private sector in today's environment. Therefore, I will focus primarily on the
first point in my brief remarks this evening. In my view, a good measure of the health and strength of a society could be read from a graph depicting two variables. One line on the graph would reflect the level of values and ethical behavior. The second line would reflect the conduct When the values and
to which the law compels adherence. ethics line is significantly
higher than the law line
-- that is, when concepts of acceptable behavior are significantly higher than the standards which the law imposes If, however, the
-- the society enjoys good moral
8:30 P.M., MONDAY, APRIL 23, 1979
"THE ROLE OF LAW IN SOC IETY" An Address by Harold M. ~lliamsJ Chairman United States Securities and Exchange Commission
The Legal Aid Society Servant of Justice Award Dinner New York, New York April 23, 1979
I feel privileged to participa~e in this program honoring Whitney North Seymour. While this is only the
Legal Aid Society's second Servant of Justice Award dinner, I am certain that it will rapidly become part of the venerable tradition of New York's legal and corporate communities. Just as the Society itself has come over the years to be recognized for its sense of responsibility and commitment to community betterment, this award and its distinguished recipients remind us …show more content…
Second, it places
.~./ Redlich, "Lawyers, The Temple, and the Market Place," in The Record, p. 200.
-3-
a burden on the governmental
process to deal with issues
which would be more effectively resolved in the private sector. In a number of my talks -- on such matters as corporate accountability, regul~tion of the accounting profession,
arid the development of the national market system -- I have dealt extensively with what I believe to be the respective roles of government and the private sector in today's environment. Therefore, I will focus primarily on the
first point in my brief remarks this evening. In my view, a good measure of the health and strength of a society could be read from a graph depicting two variables. One line on the graph would reflect the level of values and ethical behavior. The second line would reflect the conduct When the values and
to which the law compels adherence. ethics line is significantly
higher than the law line
-- that is, when concepts of acceptable behavior are significantly higher than the standards which the law imposes If, however, the
-- the society enjoys good moral