blue sky law


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Noun1.blue sky law - a state law regulating the sale of securities in an attempt to control the sale of securities in fraudulent enterprises
law - legal document setting forth rules governing a particular kind of activity; "there is a law against kidnapping"
law, jurisprudence - the collection of rules imposed by authority; "civilization presupposes respect for the law"; "the great problem for jurisprudence to allow freedom while enforcing order"
References in periodicals archive ?
It includes information on the adoption by various jurisdictions of many Blue Sky law provisions for all 50 states, the District of Columbia, Guam, Puerto Rico and the Virgin Islands.
The Securities Portfolio contains: Federal Securities Law Reports ($1645); Blue Sky Law Reports ($1230); the "Securities Library," containing the above mentioned publications, plus U.
Online information service Lexis-Nexis (Dayton, OH) has added a number of new information sources including: a variety of banking and securities publications, such as Blue Sky Law Reporter, Federal Securities Law Reporter and Federal Banking Law Reports; and, a "cyberlaw library" containing federal and state case law, statutes, regulations and law reviews covering computer and Internet issues.
He wants the SEC to preempt Blue Sky laws in a final rule, making changes to Regulation A.
Blue Sky laws are state securities laws that regulate the sale of securities to protect investors from fraud.
With omnibus recordkeeping becoming more prevalent, compliance with Blue Sky laws has become more cumbersome, increasing the likelihood of penalties and expense for asset management firms.