what is the uniform securities act 
the uniform securities act is a model law created as a starting point for state level securities regulation the purpose of the uniform securities act is to deal with securities fraud at the state level and to assist the securities and exchange commission sec in enforcement and regulation uniform securities act explainedbecause not all investments are covered federally and not all investment dealers are registered at the federal level the sec cannot protect all investors and pursue all security violations this created the need for state level regulations such as the uniform securities act to further protect investors each state has its own security laws colloquially referred to as the blue sky laws 