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Criminal Prosecution Under New York State's Martin Act

In the decades following the Great Depression, the Martin Act became a powerful tool for civil protection against fraud. By the early 1990s, the Martin Act was regularly employed against larger institutions as well as smaller fraudulent schemes.

18 minute read August 28, 2010 at 03:08 PM
By
Adam S. Kaufmann And Marc Frazier Scholl
Criminal Prosecution Under New York State's Martin Act

“Short-sellers spread rumors to drive down stock prices.” “Promoters use misleading and exaggerated claims to sell investment opportunities in high-risk companies.”

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