A 5439 New York Assembly · 2017 Regular Session

Authorizes a public retirement system, mutual fund, or other institutional investor to bring actions for damages sustained due to violations of the Martin Act

Summary
Authorizes a public retirement system, as defined in section 501 of the retirement and social security law, mutual fund, or other institutional investor to bring actions for damages sustained due to the commission of certain prohibited and criminal acts in violation of the Martin Act (Fraudulent Practice in Respect to Stocks, Bonds and other Securities).
Bill status in committee 1 of 4 stages cleared
Introduction
Feb 2017
Committee Review
Floor Vote
Governor
Introduced Feb 9, 2017 Last action Jan 3, 2018
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Full legislative history

Actions timeline

Total actions
2
Key actions
0
Committee
2
Jan 3, 2018
Assembly · Referred to committee
REFERRED TO GOVERNMENTAL EMPLOYEES
Feb 9, 2017
Assembly · Referred to committee
REFERRED TO GOVERNMENTAL EMPLOYEES
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of David Weprin
David Weprin
DDemocratic
NY
24