Definitions
There is 1 meaning of the phrase
Blue Sky Law.
Blue Sky Law - as a noun
A state law regulating the sale of securities in an attempt to control the sale of securities in fraudulent enterprises
Example Sentences
"The blue sky law requires companies to provide full and accurate information to potential investors."
"The state enacted a blue sky law to protect its residents from fraudulent investment schemes."
"Under the blue sky law, companies must register their securities offerings with the appropriate regulatory authority."
"Investors should always conduct thorough research and due diligence before making any investment, even under blue sky laws."
"The blue sky law prohibits the sale of securities without proper disclosure of risks and financial information."
