Jon Macey of Yale predicts (without necessarily welcoming) a backlash against the Martin Act, New York's peculiarly strong statute assisting white-collar law enforcement (more). Larry Ribstein, who excerpts Macey's argument, is responsible for the title phrase above.
"Spitzer's favorite toy"
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Rafael Mangual Project Manager, Legal Policy rmangual@manhattan-institute.org |
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Communications Manhattan Institute communications@manhattan-institute.org |