Blue sky laws require companies that sell stock, mutual funds, and other financial products to register new issues with the appropriate public agency and provide financial details of each offering in writing so that investors have the information they need to make informed buy and sell decisions. These are state rather than federal laws, and owe their origin at least in legend to an frustrated judge who equated the value of a worthless stock offering to a patch of blue sky.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). blue sky laws. Retrieved September 23, 2026, from http://smartdefine.org/blue_sky_laws/definitions/1148737 |
| Chicago | Barry Goldsmith. 2010. "blue sky laws" http://smartdefine.org/blue_sky_laws/definitions/1148737 (accessed September 23, 2026). |
| Harvard | Barry Goldsmith 2010, blue sky laws, Smart Define, viewed 23 September, 2026, <http://smartdefine.org/blue_sky_laws/definitions/1148737>. |
| MLA | Barry Goldsmith. "blue sky laws" 21 October 2010. Web. 23 September 2026. <http://smartdefine.org/blue_sky_laws/definitions/1148737> |