The State of New York has a long and distinguished history of criminal prosecution of white-collar crime. More than a decade before the enactment of the Securities and Exchange Act of 1934, for example, New York passed the Martin Act to attack securities fraud schemes.
NY State White Collar Enforcement for the 21st Century
Over the last several decades, the federal government moved ahead of New York in attacking the problem of white-collar crime .But now, the state has launched the New York State White Collar Crime Task Force..
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