The Martin Act (New York General Business Law article 23-A, sections 352–353)[1] is a New York anti-fraud law, widely considered to be the most severe blue sky law in the country.[2] Passed in 1921, it grants the Attorney General of New York expansive law enforcement powers to conduct investigations of securities fraud and bring civil or criminal actions against alleged violators of the Act.[2] It was used infrequently until the early 2000s, when then-Attorney General Eliot Spitzer began using it to bring civil cases against Wall Street firms.[3] It has since become the basis for a number of high-profile cases, including a 2002 investigation of Merrill Lynch for alleged conflicts of interest,[4] and the 2012 suit against Bank of New York Mellon Corp. for allegedly defrauding customers through foreign currency transactions.[5]
^New York State Assembly. "Laws of New York". New York State Assembly.
^ abGordon, Harold (2015). "Enforcement Proceedings Under New York's Martin Act" (PDF). Practical Law: The Journal: 20–26.
^The Editorial Board (March 25, 2018). "The Worst Law in America". Wall Street Journal. ISSN 0099-9660. Retrieved May 22, 2018.
^McTamaney, Robert (February 28, 2003). "New York's Martin Act: Expanding Enforcement in an Era of Federal Securities Regulation" (PDF). Legal Backgrounder. 18: 1.
^"BNY Urges Judge to Reject New York's Forex Fraud Suit". Bloomberg.com. September 24, 2012. Retrieved May 23, 2018.
The MartinAct (New York General Business Law article 23-A, sections 352–353) is a New York anti-fraud law, widely considered to be the most severe blue...
Dino, Desi & Billy. The act had previously included his brother Dean Paul Martin, who died in a plane crash in 1987. In 2002, Martin published That's Amore:...
Treatment of Cattle"; it is sometimes known as Martin'sAct, after the MP and animal rights campaigner Richard Martin. It is the first known piece of animal welfare...
years to the day. Before they teamed up, Martin was a nightclub singer, while Lewis performed a comedy act lip-synching to records. They performed in...
met initially in the lobby, where Martin approached him and said, "Hey, I saw your act, you're a funny kid." Martin was singing at the hotel's famous...
the top television networks. In 1995 he acted alongside Will Smith in Bad Boys with wide success. After Martin ended its run in 1997, Lawrence found work...
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Martin. Usha Martin University was set up in 2012 vide Usha Martin University, Jharkhand Act 2012 and is duly recognised by the University Grants Commission...
of the British Cruelty to Animals Act 1876 and Cruel Treatment of Cattle Act 1822, otherwise known as Martin'sAct, with its namesake, Irish MP and well...
Andrea Louise Martin (born January 15, 1947) is an American and Canadian actress, best known for her work in the television series SCTV and Great News...
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pinnacle of devotional building. They often became sites of pilgrimage. Martinacted as apocrisiarius or legate ('nuncio') at Constantinople from the earliest...
Enrique "Ricky" Martín Morales (born December 24, 1971) is a Puerto Rican singer, songwriter and actor. He is known for his musical versatility, with his...
prominence for his work for the Belgian-based recording act Technotronic. Born in Cardiff, Wales, Martin is the son of Jamaican parents; his mother an English...
Carmita Martin also known as Carmi Martin (born August 9, 1963) is a Filipina actress, model, and comedian. Martin has acted in film and TV projects; she...
Martin Trevor Heinrich (/ˈhaɪnrɪk/ HYNE-rik; born October 17, 1971) is an American businessman and politician serving as the senior United States senator...
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