NY AG 'Troubled' By Trump's Rumored Aim At Wall St. Law

Law360, Los Angeles (November 17, 2016, 10:26 PM EST) -- New York Attorney General Eric Schneiderman said Thursday he was “deeply troubled” by a Donald Trump presidential transition team member’s reported efforts to truncate the state’s power to go after Wall Street in court, saying that power protects consumers and investors.

The state’s top cop was responding to a Fox Business report from Tuesday that said former U.S. Securities and Exchange Commissioner Paul Atkins, now on President-elect Trump’s transition team, was looking to target New York’s Martin Act and other similar state laws by drafting legislation that would shuffle them below federal statutes that aren’t as tough on banks and financial...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Beta
Ask a question!