On the recordSeptember 7, 2016
I think the judgment--the questioning of judgment on any settlement is a fair question.
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congress.govI think the judgment--the questioning of judgment on any settlement is a fair question.
Capuano asserts that questioning the judgment on the settlement is reasonable.
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I believe that fraud is fraud, and that States should be free to regulate any form of securities fraud that they see fit.
Unfortunately, H.R. 5037, seems to be aimed directly at the Martin Act, and by preempting these State laws, the bill would allow small-time fraud to run rampant.
I am particularly opposed to this bill because in New York State, we have a powerful securities fraud law, called the Martin Act.