The Martin Act, New York General Business Law article 23-A, sections 352-353, 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.
Famous quotes containing the words martin and/or act:
“Different rules apply when it gets this late. You know what I mean? It’s, like, after hours.”
—Joseph Minion, U.S. screenwriter, and Martin Scorsese. Peter (Rocco Sisto)
“The ambivalence of writing is such that it can be considered both an act and an interpretive process that follows after an act with which it cannot coincide. As such, it both affirms and denies its own nature.”
—Paul De Man (1919–1983)