Blue sky law

{
  "id": "MLC-T-LAW-000750",
  "term": "Blue sky law",
  "field": "Law",
  "definition": "A state-level regulation in the United States designed to protect investors from fraudulent practices in the sale of securities. These laws require the registration of securities offerings and salespersons, and they mandate disclosure of material information to potential buyers. Each state has its own specific blue sky laws, which operate concurrently with federal securities regulations.",
  "url": "https://mlchart.com/terminology/law/blue-sky-law/"
}