Each state has what are called "blue-sky laws," which regulate the way in which corporation stock may be sold and which protect the rights of investors.

Question

Quizplus · Accepted Answer

Blue-sky laws are state regulations designed to protect investors against securities fraud by requiring sellers of new issues to register their offerings and provide financial details. This allows investors to base their judgments on solid data.

Each State Has What Are Called "Blue-Sky Laws," Which Regulate