New York Court of Appeals
Ernest F. Dunham, Appellant v. Albert Ottinger
November 16, 1926243 N.Y. 423
Summary
The New York Court of Appeals affirmed the lower court's judgment, holding that the provisions of the 1915 "Blue Sky" statute granting the Attorney‑General power to subpoena, examine, and compel testimony do not constitute an unconstitutional delegation of judicial power, unreasonable search and seizure, or a violation of the privilege against self‑incrimination. The statute’s limited immunity from use of compelled testimony in state prosecutions satisfies due‑process requirements.