Blue Sky Laws - Law Dictionary Search Results
Home Dictionary Name: blue sky lawsBlue Sky Law
Blue Sky Law, means a law providing for the regulation (as through registration) of the sale of securities (as stock) for the purpose of preventing fraud, Webster's Dictionary of Law, Indian Edn. (2005), p. 54....
blue sky laws
blue sky laws State statutes establishing standards for offering and selling securities. The purpose of these laws is to protect citizens from investing in fraudulent companies. Source: FindLaw ...
blue-sky law
blue-sky law : a law providing for the regulation (as through registration) of the sale of securities (as stock) for the purpose of preventing fraud ...
blue-sky
blue-sky 1 : having little or no value [ stock] 2 : of or relating to blue-sky laws ...
Bad-boy provision
Bad-boy provision, means a statutory or regulatory clause in a blue-sky law stating that certain persons, because of their past conduct, are not entitled to any type of exemption from registering their securities. Such clauses typically prohibit issuers, officers, directors, control persons, or broker dealers from being involved in a limited offering if they have been the subject of an adverse proceeding concerning securities, commodities or postal fraud, Black Law Dictionary, 7th Edn., p. 134....
Blue skylaw
A law enacted to provide for the regulation and supervision of investment companies in order to protect the public against companies that do not intend to do a fair and honest business and that offer investments that do not promise a fair return so called because the promises made by some investment companies are as boundless or alluring as the blue sky or perhaps because designed to clear away the clouds and fogs from the simple investors horizon...
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