<P> A blue sky law is a state law in the United States that regulates the offering and sale of securities to protect the public from fraud . Though the specific provisions of these laws vary among states , they all require the registration of all securities offerings and sales , as well as of stockbrokers and brokerage firms . Each state 's blue sky law is administered by its appropriate regulatory agency , and most also provide private causes of action for private investors who have been injured by securities fraud . </P>
<P> A blue sky law is a state law in the United States that regulates the offering and sale of securities to protect the public from fraud . Though the specific provisions of these laws vary among states , they all require the registration of all securities offerings and sales , as well as of stockbrokers and brokerage firms . Each state 's blue sky law is administered by its appropriate regulatory agency , and most also provide private causes of action for private investors who have been injured by securities fraud . </P>
state blue sky laws provide for registration of
state blue sky laws provide for registration of
all securities offerings and sales , as well as of stockbrokers and brokerage firms
all securities offerings and sales , as well as of stockbrokers and brokerage firms