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Martin Act

Index Martin Act

The Martin Act (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 sky law in the country. [1]

20 relations: Albert Ottinger, Attorney General of New York, Blue sky law, Consolidated Stock Exchange of New York, Damages, Eliot Spitzer, Equitable remedy, Eric Schneiderman, Fraud deterrence, Implied cause of action, Louis M. Martin, Merrill Lynch, New York (state), New York State Assembly, New York State Legislature, Scienter, Securities fraud, The Bank of New York Mellon, Wall Street, 20th century.

Albert Ottinger

Albert E. Ottinger (September 10, 1878 – January 13, 1938) was an American lawyer and politician.

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Attorney General of New York

The Attorney General of New York is the chief legal officer of the State of New York and head of the New York state government's Department of Law.

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Blue sky law

A blue sky law is a state law in the United States that regulates the offering and sale of securities to protect the public from fraud.

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Consolidated Stock Exchange of New York

The Consolidated Stock Exchange of New York, also known as the New York Consolidated Stock Exchange or Consolidated,See Brooklyn Daily Eagle, Saturday, January 13, 1912, p. 18 was a stock exchange in New York City, New York in direct competition to the New York Stock Exchange (NYSE) from 1885–1926.

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Damages

In law, damages are an award, typically of money, to be paid to a person as compensation for loss or injury.

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Eliot Spitzer

Eliot Laurence Spitzer (born June 10, 1959) is a retired American politician, attorney, and educator.

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Equitable remedy

Equitable remedies are judicial remedies developed by courts of equity from about the time of Henry VII to provide more flexible responses to changing social conditions than was possible in precedent-based common law.

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Eric Schneiderman

Eric Tradd Schneiderman (born December 31, 1954) is an American lawyer and politician who served as the 65th Attorney General of New York from 2011 until his resignation in May 2018.

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Fraud deterrence

Fraud deterrence has gained public recognition and spotlight since the 2002 inception of the Sarbanes-Oxley Act.

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Implied cause of action

Implied cause of action is a term used in United States statutory and constitutional law for circumstances when a court will determine that a law that creates rights also allows private parties to bring a lawsuit, even though no such remedy is explicitly provided for in the law.

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Louis M. Martin

Louis Marshall Martin (November 25, 1863 – March 1940) was an American lawyer and politician from New York.

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Merrill Lynch

Merrill Lynch Wealth Management is a wealth management division of Bank of America.

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New York (state)

New York is a state in the northeastern United States.

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New York State Assembly

The New York State Assembly is the lower house of the New York State Legislature, the New York State Senate being the upper house.

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New York State Legislature

New York State Legislature are the two houses that act as the state legislature of the U.S. state of New York.

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Scienter

Scienter is a legal term that refers to intent or knowledge of wrongdoing.

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Securities fraud

Securities fraud, also known as stock fraud and investment fraud, is a deceptive practice in the stock or commodities markets that induces investors to make purchase or sale decisions on the basis of false information, frequently resulting in losses, in violation of securities laws.

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The Bank of New York Mellon

The Bank of New York Mellon Corporation, which does business as BNY Mellon, is an American worldwide banking and financial services holding company headquartered in New York City.

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Wall Street

Wall Street is an eight-block-long street running roughly northwest to southeast from Broadway to South Street, at the East River, in the Financial District of Lower Manhattan in New York City.

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20th century

The 20th century was a century that began on January 1, 1901 and ended on December 31, 2000.

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References

[1] https://en.wikipedia.org/wiki/Martin_Act

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