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Definition of Blue sky law
1. Noun. A state law regulating the sale of securities in an attempt to control the sale of securities in fraudulent enterprises.
Definition of Blue sky law
1. Noun. (legal) (American English) : In the United States, a law that regulates the offering and sale of securities to protect the public from fraud, requiring the registration of all securities offerings and sales, as well as of stock brokers and brokerage firms. ¹
¹ Source: wiktionary.com
Lexicographical Neighbors of Blue Sky Law
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