What Are Blue Sky Laws?
Every state has its own securities laws commonly known as "Blue Sky Laws" that are designed to protect investors against fraudulent sales practices and activities. While these laws can vary from state to state, most states laws typically require companies making small offerings to register their offerings before they can be sold in a particular state. The laws also license brokerage firms, their brokers, and investment adviser representatives.
The information on this page is meant to provide a general overview of the law. The laws in your state and/or city may deviate significantly from those described here. If you have specific questions related to your situation you should speak with a local attorney.
Additional Securities Articles
- Securities Law
- Individual Protection when a Brokerage Firm Fails or Files for Bankruptcy
- What Is A Security?
- What Are The Federal Securities Laws?
- What Do These Securities Laws Cover?
- What Is The Securities Investor Protection Act?
- Are There State Securities Laws?
- Are All Companies Subject To Securities Laws?