A slang term for laws that various Canadian provinces and American states have enacted to protect the public against securities frauds. The term blue skied is used to indicate that a new issue has been cleared by a securities commission and may be distributed.
aws: State securities laws. These laws apply to the registration of sales personnel (registered representatives) and the registration and sale of securities.
These are state securities laws designed to protect individual investors. The phrase purportedly originated from a state judge who said that the securities of a particular company had all the value of a patch of blue sky. Both companies and mutual funds are affected by state blue sky laws. However, the SEC and Congress are in the process of superseding these rules, because the rules in some states are obsolete, arbitrary and poorly enforced.
Laws designed to protect the public from securities frauds. Each state has its own securities distribution restrictions and guidelines which must be met by each issue offered therein. Blue sky rules relate to state approval or disapproval of distribution within each state.
Relating to state securities law compliance matters as opposed to federal securities law.
refers to state securities laws that affect both companies and mutual funds, and are designed to protect individual investors from fraud; Congress and the SEC are in the process of establishing national laws and regulations to supersede these rules
A slang term for laws various Canadian provinces and American states have enacted to protect the public against securities frauds. The term "blue skyed" indicates that a new issue has been cleared by a securities commission and may be sold to the public.
Blue Sky is a 1994 film which tells the story of an Army officer whose outspokenness and his wife's mental difficulties have made him a pariah to the army.
Blue Sky is the legal name (formerly Warren Edward Johnson) of an American painter and sculptor best known for his mural, Tunnelvision.
