Keyword Search: Personal Jurisdiction
SJC-10589: BULLDOG INVESTORS GENERAL & others vs. SECRETARY OF THE COMMONWEALTH
Amicus due February 16, 2010 - Argument: April 6, 2010
Keywords: Administrative Law - Civil Procedure - Constitutional Law - First Amendment - Personal Jurisdiction - Securities
Question Presented: Whether the Secretary of the Commonwealth has the power to impose a fine on out-of-state persons who market unregistered securities to a Massachusetts resident.
Facts: Bulldog, an out-of-state company, maintained a website offering information on its hedge funds, which were unregistered securities. An unregistered security is essentially one for which detailed disclosure statements have not …
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