Description: The Martin Act (New York General Business Law §352-358) is one of the most powerful state securities laws in the U.S., giving the New York Attorney General broad authority to investigate and prosecute securities fraud. It includes provisions that make it illegal for anyone to engage in fraudulent practices, misleading statements, or omissions in relation to the sale of securities in New York.

Scope: The law covers securities fraud, deceptive practices, and fraud in investment transactions. It has been used in several high-profile cases.