What are "blue sky" laws?

What will be an ideal response?


State securities laws, often referred to as "blue sky" laws, regulate securities purchased and sold in intrastate commerce. Securities are regulated (concurrently) by both state and federal laws. State laws require that securities be registered (or qualified) with both federal and state authorities. A state official or office is usually so designated. State disclosure requirements and antifraud provisions are similar to each other and to their federal counterparts, such as the Securities Exchange Act of 1934, SEC Rule 10(b), and Section 10(b).
The Uniform Securities Act has been adopted in part by some states to bring uniformity to state securities laws. The 1995 National Securities Markets Improvement Act limited regulation of investment companies to the Securities and Exchange Commission (SEC) and did away with some state authority in this area.

Business

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Yuxi just started her new job as an account executive a month ago. She’s still getting to know her boss. In LMX, this Stranger phase of leadership making most likely involves ______.

A. Yuxi focusing exclusively on the company’s goals B. Yuxi and her boss reciprocally influencing each other C. Yuxi’s boss affording her a high degree of trust D. Yuxi and her boss in a scripted relationship

Business

The GIS method in location decisions stands for ______.

A. global information system B. geometric information system C. geographic information system D. global information service

Business

Phan Company has not reported a profit in five years. This year the company would like to narrow its loss to $7,500. Assuming its selling price is $36.50 per unit and its variable costs per unit are $24, how many units must be sold to achieve its target given that total fixed costs are $60,000?

A. 1,439 B. 4,200 C. 1,600 D. 2,188

Business

What are reasons that a negative reaction to change may develop?

What will be an ideal response?

Business