blue-sky law

blue-sky law

n.
Any of various state laws regulating the issuance and sale of securities in order to protect the public from fraud.
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

blue-sky law

n
(Stock Exchange) US a state law regulating the trading of securities: intended to protect investors from fraud
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014

blue′-sky′ law`


n.
a law regulating the sale of securities or real estate, esp. one designed to prevent the sale of fraudulent stocks.
Random House Kernerman Webster's College Dictionary, © 2010 K Dictionaries Ltd. Copyright 2005, 1997, 1991 by Random House, Inc. All rights reserved.
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