Martin Act

The Martin Act, New York General Business Law article 23-A, sections 352–353,[1] [2] is a 1921 piece of legislation in New York that gives extraordinary powers and discretion to an attorney general fighting financial fraud. The act's powers exceed those given any regulator in any other U.S. state.[3]

References

  1. ↑ New York State Assembly. "Laws of New York.". New York State Assembly.
  2. ↑ Dechert LLP (January 15, 2004). "New York's Martin Act: A Primer." (PDF). Dechert LLP.
  3. ↑ Gross, Daniel (March 10, 2008). "Spitzer Gets Spitzered: How Spitzer was brought down by the same kind of investigation he pioneered.". Slate.

Further reading

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