Blue Sky Laws

Definition of "Blue Sky Laws"
  1. Regulations designed to guard individuals against investing in fraudulent companies by mandating such firms to provide information to and gain the approval of either state or federal corporate activity overseers
How to use "Blue Sky Laws" in a sentence
  1. After the Ponzi scheme scandal, Blue Sky Laws were strengthened to protect future investors.
  2. To keep from getting embroiled in fraudulent investments, she thoroughly researched Blue Sky Laws.
  3. Under the Blue Sky Laws, the company was required to submit detailed financial records before they could sell any stock to the public.

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