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It's not every day that someone decides to take on all of Wall Street, so when New York state Attorney General Eliot Spitzer announced he was investigating the research practices of Merrill Lynch and other securities firms, many people wondered how far he could go. The answer may be as far as he wants, thanks to New York's Martin Act, considered the nation's toughest securities law.
May 13, 2002 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
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