What are state blue sky laws?
Blue sky laws are state or jurisdictional laws in the U.S. that regulate the offering and sale of securities in order to protect the public investors from fraud. These laws vary among states. States may require securities to be registered at the state level or to have an available exemption from registration. Without compliance with, or exemption from, blue sky laws, the statutes can prevent brokers from soliciting interest in your company from their clients.
